Russian Law for overseas investors

Russian law for overseas investors is simple restrictive. That means that any Russian citizen who wishes to invest overseas breaks the Currency Law.

The Currency Law is a wide specter of laws, instructions, comments and their supplements that restrict you to invest overseas.

The main idea of this restriction is hidden in the Currency Adjustments and Control Act, that requires receiving certain license from Central Bank which actually will never be given. Without this license your investments activity breaks this Law automatically. The consequences of this are the following:

1. Any sum earned by you is a subject to confiscation
2. Also you are subjected to pay a penalty equal to your earnings
3. You must recall all your money back to Russia

If you do not return your money to Russia or if you break the Currency Law twice or more you will appear to be criminal.

This frightening prospective does not prevent Russian citizens from investing abroad. Mainly because it is too expensive to our state to find out and return somebody's $2.000 - $5.000 back to Russia. If the sum is greater, positively you have to think about using an off-shore company in your scheme.

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