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Since the fall of the Soviet Union, Russia has experience significant economic changes in moving from a centrally planned economy to a market-based one. According to the World Bank, Russia has a GDP of US$ 2,015 billion in 2013 (growing annually at a rate of 3.4%), which works out at US$ 14,037 per capita. Inflation is 5.1% in terms of the consumer price index (CPI) and 8.5% in terms of the GDP deflator.
Sections in FINANCIAL CONSIDERATIONS IN RUSSIA:
» Money Transfers for Expats in Russia
» Foreign Exchange for Expats in Russia
» Banking for Expats in Russia
» Pensions for Expats in Russia
» Investment for Expats in Russia
» Wealth Management for Expats in Russia
» Property Investment for Expats in Russia
» Insurance for Expats in Russia
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If you are considering moving to Russia or are soon to depart, you can find helpful information and advice in the Expat Briefing dedicated Russian section including; details of immigration and visas, Russian forums, Russian event listings and service providers in Russia.
From your safety to shopping, living in Russia can yield great benefits as well as occasional drawbacks. Find your feet and stay abreast of the latest developments affecting expats in Russia with relevant news and up-to-date information.
Working in Russia can be rewarding as well as stressful, if you don't plan ahead and fulfill any legal requirements. Find out about visas and passports, owning and operating a company in Russia, and general Russian culture of the labour market.
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