Author: Alena Dunaeva

Attorney, Family Office

Target Clients

• Russian Federation passport + Spanish residence permit or residence permit of another EU country
• Grenada / St Kitts and Nevis / Israel / EU + without EU residence permit

Intended Purposes

• Transfer of funds from the Russian Federation
• Unblocking of assets
• Purchase of real estate secured by own investment portfolio

Stages

With a Russian Federation passport and tax residency in the Russian Federation, account opening takes 1–2 months from the date of profile approval. In other cases — one week.

• Preliminary profile approval
• Bank visit to submit the application
• Bank visit to open the account

Cash can be deposited into the account on the day it is opened. A personalised card will be ready within 1–2 weeks.

Documents

• Passport
• Residence permit
• Personal income tax returns for at least 2 years

Account Usage

To maintain the account, we recommend the following usage procedure.

Initial Account Funding

• Through an ATM for amounts up to €5,000–10,000 per day
• Bank transfer for amounts up to €50,000–€100,000

Arranging Two Insurance Policies

• Health insurance
• Life insurance

Estimated cost: approximately €200 per month

Further Account Usage

• Transfers of any amounts
• Notify the banker of transfers exceeding €50,000 for faster processing of funds

Contact Information

If you have any questions or require a consultation, our experts will be happy to assist you.

Mariya Zdrok, Client Portfolio Manager

📱 +7 996 378 4967

✉️ mariya@private.law

telegram / whatsapp

Private.law Attorneys

This material is provided for public informational purposes and is freely shareable.

We specialise in solving complex legal challenges for discerning clients. 🍓