Are foreigners allowed to own property in Russia?
When we asked expats in Russia if foreigners are allowed to own property, they answered...
"Foreigners are allowed to own property in Russia, but there are certain restrictions in place. Foreigners are not allowed to own land in Russia, but they can own buildings and other types of real estate. Foreigners must obtain a permit from the Federal Migration Service in order to purchase real estate in Russia. Additionally, foreigners must register their property with the local authorities in order to be able to use it," explained one expat living in Russia.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Are foreigners allowed to own property in Russia?
If you live in Russia, newcomers to Russia would love to hear your answer to this question:
