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Banks & Finances - Wander Russia Guide 2025
Managing finances in Russia is straightforward with a wide range of banking services available to both locals and visitors. Major Russian banks like Sberbank, VTB, and Gazprombank offer international and domestic banking services, including savings accounts, credit cards, loans, and foreign exchange. ATMs are widely available, and many accept international cards. For ease of transactions, mobile banking apps are popular and provide quick access to services. While Russia has a modern financial infrastructure, it’s important to stay informed about local regulations and ensure your bank offers the services you need for a smooth financial experience while traveling.
Rosselkhozbank (Россельхозбанк) in Russia: A Key Institution for Agricultural...
Rosselkhozbank, also known as Russian Agricultural Bank, is one of the leading financial institutions in Russia, particularly known for its vital role in supporting the agricultural sector.
How to Open a Bank Account in Russia as...
Opening a bank account in Russia as a foreigner can be a straightforward process, provided you understand the requirements and are prepared with the necessary documentation.
How Safe is the Russian Banking System for International...
The safety of the Russian banking system for international investors is a topic of considerable interest and concern, particularly given the geopolitical, economic, and regulatory factors at play in the country.
How to Get a Home Loan in Russia Without...
Securing a home loan in Russia as a foreigner can be a challenge, especially if you do not have a residence permit.
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How Russia’s Pension System Works for Foreigners
Russia’s pension system is primarily designed to provide financial support to its citizens during retirement. However, foreign nationals living and working in Russia also have access to certain pension benefits, which depend on their residency status, employment history, and contributions to the pension system.
Taxes and Tax Obligations for Foreign Investors in Russia:...
Investing in Russia offers significant opportunities due to its large market, strategic location, and diverse economy. However, like any other country, Russia has its own tax system that foreign investors must understand to ensure compliance with local regulations.
The Best Banks for Pension and Retirement Accounts in...
When it comes to saving for retirement in Russia, choosing the right financial institution for pension and retirement accounts is crucial.
Understanding Russia’s Financial Technology Regulations
Russia’s financial technology (fintech) sector has experienced rapid growth over the past few years, as digital innovation transforms how financial services are delivered.
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Understanding Russia’s Currency Exchange Rules for Expats
As an expat living or working in Russia, navigating the country’s currency exchange rules is essential to manage your finances effectively.
The Best Mobile Banking Apps in Russia for Foreigners
For expats and international investors in Russia, having access to mobile banking apps is crucial for managing finances on the go.
The Legal Status of Cryptocurrency in Russia
Cryptocurrency has been a topic of much debate and discussion around the world, and Russia is no exception. Over the past few years, Russia's legal stance on cryptocurrency has evolved, with the government gradually shaping regulations to address the growing use of digital currencies.
How to Finance a Commercial Property Purchase in Russia
Investing in commercial real estate in Russia can be a lucrative opportunity, whether you're an expat or a resident.
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How to Invest in Russian Stocks as a Foreigner
Investing in Russian stocks can be an attractive opportunity for foreign investors, especially those seeking to diversify their portfolios and gain exposure to Russia’s growing industries, such as energy, technology, and consumer goods.
How Expats Can Access Russian Social Security Benefits
Expats who live and work in Russia may be eligible for social security benefits, including healthcare, pensions, and disability benefits, under certain conditions.
Currency Exchange and Money Tips for Tourists in Volgograd
When traveling to Volgograd, understanding how to handle money and exchange currency is crucial for a smooth and hassle-free experience.
How to Build a Credit Score in Russia
Building a good credit score is essential for financial health, particularly when you plan to borrow money for large purchases like real estate or vehicles, or if you need access to credit cards or loans.
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Understanding Russia’s VAT System for Foreign Entrepreneurs
Russia’s Value-Added Tax (VAT) system is a crucial aspect of the country’s taxation system, and understanding how it works is vital for foreign entrepreneurs and businesses operating in Russia.