
Russia Removes Deposit Restrictions on Foreign Individuals
Banks read a brief amendment as a freeze. Decree 550 exempts foreign individuals and lets them recover rubles already moved.

Banks read a brief amendment as a freeze. Decree 550 exempts foreign individuals and lets them recover rubles already moved.

The Russian Golden Visa now has zero physical residency requirement as the government unobtrusively amends the law.

Germans lead SVV applications with 224 submissions, reflecting the broader dominance of European countries in the applicant pool.

Rough start for Russia’s golden visa: Numbers tumble from 24 to 14 investors year-on-year. 2025 opens with only two applications.

Russia’s new Shared Values Visa targets 47 nations. Ilja Belobragin sees it as a workforce strategy, doesn’t expect list to expand soon.

“Moscow is objectively the best megapolis to live in today from a quality of life, security, and safety perspective,” says Ilja Belobragin.

The visa is exempt from the quota restriction, and Anastasia Barna and Ilja Belobragin say that there is already high demand for it.