Posted 2012-04-09 6:17 AM (#50036) Subject: Buying a flat and transferring money
I'll try to be brief.
I live in Russia and have a temporary residency visa (three years) I'm in the process of getting a five year visa. And now I want to buy a flat. I've been told by a couple of esate agents that it will be no problem, but I want to confirm what documents I will need.
The other problem is about how to pay for it! I will need to transfer about £60,000 (3million Roubles) from my British bank account to my Russian bank account. Is this straightforward. Will I have to pay tax on it? If so, how?