Country Information - Russia

In an effort to provide information on financial planning issues in Russia, FPA volunteers have gathered the following links together to point you towards a variety of different resources. 

Each link has a descriptive tag explaining what type of site the link goes to. The tags are:
• GOV for government or regulatory sites
• ORG for non-profit or association sites
• EDU for academic or educational sites
• COM for commercial sites, such as product providers 

Virtually all of the links lead off of FPA's Web site. To give feedback or suggestions on the Russian information below, click here.

Quality of life – local flavor and customs

    Health

• http://www.expatarrivals.com/russia/healthcare-in-russia  (COM)
• http://en.wikipedia.org/wiki/Health_in_Russia  (ORG)
• http://www.allianzworldwidecare.com/healthcare-in-russia (COM)

    Social Security coverage

• http://www.mercer.com/referencecontent.htm?idContent=1263290 (COM)

    Education standards

• http://www.studyrussian.com/MGU/russian-education-system.html (COM)
• http://www.racus.ru/education1.html (COM)

    Ex-pats opinions on quality of life

• http://www.escapeartist.com/efam/64/Teaching_And_Living_In_Russia.html (COM)
• http://www.expatarrivals.com/russia/safety-in-russia (COM)

Immigration issues

    Legal Residency

• http://www.justlanded.com/english/Russia/Russia-Guide/Visas-Permits/Residency (COM)

    Visas and immigration requirements

• http://www.expatfocus.com/expatriate-russia-visas-residency (COM)
• http://www.waytorussia.net/RussianVisa/Types.html  (COM)
• http://www.waytorussia.net/RussianVisa/HowToApply.html (COM)

Exchange Control

• http://www.fms.gov.ru/useful/novisas/index_eng.php (GOV)

Cash management

Bank accounts

• http://www.expatfocus.com/expatriate-russia-banking (COM)
• http://www.justlanded.com/english/Russia/Russia-Guide/Money/Opening-An-Account (COM)

Currency conversion

• http://stock.rbc.ru/demo/cb.0/intraday/index.eng.shtml  (COM)

 Education costs

•     http://www.edurussia.ru/universities.html (COM)

Cost of living analysis

• http://www.expatarrivals.com/russia/cost-of-living-in-russia (COM)

Housing issues

• http://www.alloexpat.com/russia_expat_forum/housing-in-russia-russia-housing-guide-t511.html (COM)
• http://housing.justlanded.com/en/Russia (COM)
• http://www.globalpropertyguide.com/Europe/Russia/Price-History (COM)

Tax Planning

Determining liability for income and gains taxes

• http://www.expatfocus.com/expatriate-russia-taxation  (COM)
• http://www.deloitte.com/assets/Dcom-Russia/Local%20Assets/Documents/PDF%20files_2009/dtt_Foreign-Nationals-Coming-to-Russia_en.PDF (COM)

Determining liability for estate taxes

• http://www.globalpropertyguide.com/Europe/Russia/Inheritance (COM)
• http://www.deloitte.com/assets/Dcom-Russia/Local%20Assets/Documents/PDF%20files_2009/dtt_Foreign-Nationals-Coming-to-Russia_en.PDF (COM)

Exit taxes and final tax return

• http://www.globalpropertyguide.com/Europe/Russia/Living-There  (COM)
• http://www.deloitte.com/assets/Dcom-Russia/Local%20Assets/Documents/PDF%20files_2009/dtt_Foreign-Nationals-Coming-to-Russia_en.PDF (COM)

Foreign Tax Credit arrangements

• http://www.deloitte.com/assets/Dcom-Russia/Local%20Assets/Documents/PDF%20files_2009/dtt_Foreign-Nationals-Coming-to-Russia_en.PDF (COM)

Local taxation of non-local pensions and investments

• http://www.globalpropertyguide.com/Europe/Russia/Living-There (COM)
• http://www.deloitte.com/assets/Dcom-Russia/Local%20Assets/Documents/PDF%20files_2009/dtt_Foreign-Nationals-Coming-to-Russia_en.PDF (COM)

Investment Planning

Asset Allocation viewed globally

• http://eng.investfunds.ru/  (COM)
• http://www.wikinvest.com/industry/Investing_in_Russia (ORG)

Risk management

• http://www.isn-inc.com/countryinfo/russia.aspx (COM)

Local litigation risks

 Liability Insurance

• http://www.ingos.ru/en/private/auto/dsago/ (COM)

Health Insurance

• http://www.ingos.ru/en/private/dms/dms/  (COM)
• http://www.ingos.ru/en/private/accidents/accidents/ (COM)
• http://www.ingos.ru/en/private/life/life/ (COM)

Property Insurance

• http://www.ingos.ru/en/private/property/property/  (COM)

Retirement Planning

Local pension design and tax structure on encashment

• http://www.easyexpat.com/en/moscow/work/pension.htm (COM)

Social Security agreements between countries

• http://www.ilo.org/dyn/natlex/natlex_browse.details?p_lang=en&p_country=RUS&p_classification=23.01&p_origin=COUNTRY&p_sortby=SORTBY_COUNTRY (ORG)
• http://sofiaecho.com/2009/11/13/815462_russian-parliament-ratifies-social-security-bilateral-agreement-with-bulgaria  (COM)

Transferability of Pensions

• http://www.ilo.org/dyn/natlex/natlex_browse.details?p_lang=en&p_country=RUS&p_classification=23.01&p_origin=COUNTRY&p_sortby=SORTBY_COUNTRY (ORG)
• http://www.ilo.org/dyn/natlex/natlex_browse.details?p_lang=en&p_country=RUS&p_classification=15.02&p_origin=COUNTRY&p_sortby=SORTBY_COUNTRY (ORG)

Estate Planning and Succession Taxes

    Impact on Estate if there is no local Will

• http://www.globalpropertyguide.com/Europe/Russia/Inheritance (COM)

    Marital exemptions

• http://www.divorceinrussia.com/spousal.htm (COM)
• http://www.divorceinrussia.com/divorce.htm  (COM)
• http://www.divorceinrussia.com/alimony.htm (COM)

    Local taxation of non-local trusts

• Not commonly practiced in Russia

    Creating an international trust

• Not commonly practiced in Russia

Local Regulation

• http://invest.gov.ru/en/guide/rules/regulations  (GOV)
• http://www.naufor.ru/default.eng.asp (ORG)
• http://english.garant.ru   (COM)
• http://www.russianlawonline.com/encyclopaedia (COM)

Referrals to Local Planners

• http://www.infinplan.ru (EDU Russian)
  Please note that the CFP mark is not granted in Russia.