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Here’s what Russians living abroad need to know about taxes, foreign bank accounts, and the 183-day rule that can change everything

The concepts of tax residency and residency for currency-control purposes are critical for anyone who has left Russia or divides their time between two countries. The obligations and risks depend on your circumstances: perhaps you have moved away for good but still rent out an apartment in Russia, live abroad but still earn a salary from a Russian company, or have no income in Russia but spent…

Here’s what Russians living abroad need to know about taxes, foreign bank accounts, and the 183-day rule that can change everything

Here are key points Russian expatriates should know about taxes, foreign bank accounts and the 183-day rule:

Tax residency is the country where you must pay most of your taxes. Under Russian law, anyone who spends at least 183 days in Russia within a calendar year is considered a resident. This includes day of arrival and departure. Some exceptions apply, like short-term medical treatments.

Tax residency affects how your worldwide income is taxed. Russian tax residents pay at progressive rates 13-22% versus 30% for nonresidents. Nonresidents also aren't eligible for deductions.

To avoid surprises, keep accurate records of days spent in each country, especially if you travel frequently between them. The 183-day benchmark is the primary rule, but some countries also consider economic links when determining residency.

When your tax residency changes, you must pay taxes under the new country's rules, lose your right to tax deductions in Russia but still owe Russian taxes on property and most Russian-sourced income.

Property tax isn't affected by residency status. However, rental income, selling property and remote work paid by a Russian employer may have different tax rates and rules depending on residency status.

Written by urgent.news from Meduza (English)'s reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at meduza.io →

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