Real estate market experts recommend transferring money abroad through a bank. This is how 90% of transactions are paid, which means that the scheme is worked out, reliable and safe.
There are several options. First: the buyer opens his own account in a foreign bank, from which he will later settle with the seller. There are some difficulties here. According to Russian laws, the permission of the Central Bank of the Russian Federation is required to open an account in foreign currency abroad. To get it, you will have to write an application and indicate in it the purpose of opening a deposit and the source of origin of funds. In addition, the creation of an account must be notified to the tax inspectorate at the place of registration. And, by the way, abroad, for example in Finland, they know about it and really require relevant certificates. According to experts, if everything is in order with the documents, then there is nothing to be afraid of – the account will be opened without any problems. If you have no desire to contact the fiscal authorities, you can go another way…
Through any Russian commercial bank (it is better, of course, reliable and proven) to transfer money to the foreign account of the owner of the property. And even safer – on a special deposit of the counterparty – notary or bank, which act as a guarantor of the protection of the interests of the participants in the transaction. In this case, the funds will remain in this account until an entry on the transfer of ownership rights is entered in the appropriate register. And only then the seller receives all the money legally owed to him.
Is it possible to make a cash transaction?
Buying real estate for cash has long been obsolete. Not only is it inconvenient and unsafe to walk with suitcases of money – in many countries it is also illegal.
For example, in Bulgaria in 2011, a law was issued prohibiting paying in cash for real estate, the value of which exceeds 10 thousand leva (5.1 thousand euros). Similar innovations have appeared in Spain – since February 2012, all transactions in the amount of 3 thousand euros or more must be carried out through a bank.
However, you may still need cash - for example, to make a deposit or pay for related expenses. It is important to remember the limitations of the Russian customs legislation. According to the rules, you can take out no more than 10 thousand dollars at the current exchange rate of the Central Bank of the Russian Federation: up to 3 thousand dollars – without declaration, from 3 to 10 thousand dollars – by filling out a declaration. And, of course, do not forget about the elementary rules of precaution. If you are transporting money across the border – cash or traveler's checks – you should not tell others about it.
And on the map?
As for plastic cards, it is easy to take them out of Russia: they are not declared at customs and there are no restrictions on the amount of funds available on the account. Difficulties may arise abroad.
Firstly, the amount of cash withdrawn per day is limited. Depending on the tariffs of the issuing bank - from 100 to 400 thousand rubles in local currency. Secondly, when using the services of third-party banks or when withdrawing money from an ATM, an additional fee is charged
commission for cashing out. Its size can reach 3%. That is, withdrawing 250 thousand euros, you lose 7.5 thousand euros. Do you need such unjustified expenses? Plastic cards are still more suitable for small daily purchases, and not for payments for real estate.
