If Client want to transfer money from a personal account in Russia and buy real estate (or to pay for goods or some other services) to the European Union or any other country or elsewhere in the world, Clients can do it without any problems.
In order to make a transaction from a personal account in Russia and buy real estate, pay for goods, pay for services in the European Union or other countries, Client must first open a personal account in Serbia..
A personal account in Serbia can be opened on the basis of a special power of attorney for a lawyer that Client need to certify in your country at a notary public. With this power of attorney, you authorize the lawyer to open a personal account in the Bank in Serbia without your presence.
After opening a personal account in Serbia, it is necessary to transfer money from a personal account in Russia to a personal account in Serbia.
From Clients personal account in a bank in Serbia, he can pay for real estate, goods, services in the European Union or another country outside of Serbia.
The condition for the transfer to be carried out is first that the competent Tax Administration of the Republic issues a Certificate, on the basis of which the Bank in the Republic of Serbia where the foreign citizen has a personal account allows the transfer of funds abroad.
Q&A
- How can a Russian citizen who has funds in a personal account in Russia make a payment for the purchase of real estate, the purchase of services, the purchase of goods, to someone in the European Union or another foreign country?
First Client must open a personal bank account in the Republic of Serbia. Second, Client must transfer funds to a personal account in the Republic of Serbia. The third is to obtain a Certificate from the Tax Administration of the Republic of Serbia. Fourth, the Bank of the Republic, with which a foreign citizen has opened an account in the Republic of Serbia, transfers money from the foreign citizen’s personal account to an account abroad. - Can I open a personal bank account in the Republic of Serbia without coming to the Republic of Serbia?
That you can also do that on the basis of a power of attorney for a lawyer, which you certify at a notary in the country where you live. - I am a Russian citizen and I want to buy real estate abroad, is it possible considering the current sanctions?
Yes, it is possible, by first opening a personal account in the Republic of Serbia and making a payment abroad through that account.
