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Question:
I have an Irish passport and my wife has one from Kazakstan. Is it possible for us to legally own property in Moscow, if we do not live there? Many thanks,
Harry  Ringwood
Answer:
Dear Harry,
The answer is yes. You can own a property in Moscow if you have a foreign passport. It does not make any difference when you purchase an apartment and own it. It will only make a difference if you decide to sell it. Then it is a question of taxation:
- if you are a resident of the Russian Federation (that means you stay on the RF territory more than 183 days per year) you pay 13% from the profit amount;
- if you are a non-resident of the RF you pay 30% from the profit amount;
- if you own a property more than 3 years and you are a resident of the RF you do not pay any tax;
Returning to your question, it does not matter if you are a resident or non-resident of the RF, you have full right to own property in Moscow. Best regards,
Yana Lukyanova
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