Russia
Where should I setup a bank account in Russia?
We asked expats in Russia what banks they use and there advice about banking. They advised...
"Before retiring in Russia, expats should familiarize themselves with the local language and culture. It is also important to research the cost of living in the area they plan to retire in, as well as the availability of healthcare and other services. Additionally, expats should make sure to obtain the necessary visas and permits to live and work in Russia. Finally, it is important to understand the local laws and regulations, as well as the tax system, to ensure a smooth transition into retirement," said a member in Russia.
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"Yes, Raiffeisen Foreign currency accounts offered including Dollars, Euro, Sterling. No charge for transferring funds between accounts when using internet banking services. Full internet banking service available," remarked another expat who made the move to Moscow, Russia.
Other Questions:
- What do I need to know before moving to Russia?
- How do I find a place to live in Russia?
- What is a typical expat home or apartment like in Russia?
- What is the average cost of housing in Russia?
- Should I buy or rent a home in Russia?
- What should I pack when moving to Russia?
- What cultural faux pas should I try to avoid making in Russia?
- Why do people move to Russia?
- What are healthcare services like in Russia?
- What are medical services in Russia like?
- What are typical rents in Russia?
- What appliances are typically included in a rental?
Where should I setup a bank account in Russia?
If you live in Russia, newcomers to Russia would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
