Real estate Market in Moscow: The comfort choice in Russia comes into two categories: apartments in the city or houses outside the city. Real estate prices in Moscow vary from high to very high.
Moreover, common spaces with great rental prices are often not of good quality. Apartments for sale in Real Estate Market in Moscow entrances are standard, old-fashioned lifts are common, and the public areas of most homes are still state-owned and ill-maintained.
One of the most common and reliable methods to preserve and increase capital is investing in real estate. Apartments for sale in Real Estate Market in Moscow Such investments were widespread in pre-revolution Moscow and the system is now growing. More focuses on questions individual investors should keep in mind when thinking of apartments for sale (or receive as a gift), residential property in Russia.
- Who can get residential real estate in Russia
- What sort of property can be qualified as residential
- The limitations on purchasing and using apartments protected as cultural heritage
- Performance of a sale and purchase agreement or donation agreement and state registration of the title transfer
- Tax on real estate
- Renting out a property
- Organization of residential property.
Conveyor prices
Most cities in Russia have a great public conveyor system including trams, trolleybus, and buses. The largest cities have a metro system as well.
The public transport services are expected in the center, but it takes jam-packed when you move to the outskirts. To recognize end signs mark for A for buses, T for trolleybuses and ТРАМВАЙ for trams.
Groceries: Also, there are lots of affordable supermarkets all over Moscow, good quality meals and wine are expensive. The standard of both though differs broadly. During the winter months, herb counters in supermarkets are visibly diminished and imported ones can be prohibitively expensive.
The unbelievable quality and the endless hunt for well-known brands means that most ex-pats or locals like, begin to shop in various places for different goods.
Education costs: Russia owns several international schools for refugees to send their children. However, some ex-pats prefer local schools. The type of education is high, but local schools teach only in Russian. Government schools here are free for anyone living here, including newcomers. Also an English language pre-schools, and some are attached to those international schools.
Healthcare
Government-funded healthcare is available but is confused, unpredictable, and difficult to operate. However, the state pays for beneficiaries, school children, students, and unemployed. If you are self-employed, you pay for your insurance.
Eating out at a restaurant
The larger cities of Russia are more public and offer a wide choice of eating out. You can try typical Russian, Ukrainian cuisines, but note that unique cuisines are much more expensive.
Taxes
All employees, including self-employed people, pay taxes. Residents pay 13% personal income taxon apartment for sale; residency is defined as anyone living here for at least 185 days in a tax year. Non-residents pay 30%.
Moscow law requires local companies to decrease employee tax from salaries, but international organizations are excused from this requirement. Therefore, you have to file tax returns.
Social security
The country has basic social security and social welfare system. It manages pensions and offers benefits to the most helpless citizens. Immigrants living here are not eligible to receive these benefits. The social defense system in Moscow is divided into two parts: basic pension and insurance. The Russian familiar security rate stands at 30% in 2019. The protection part is also subtracted from your monthly earnings and benefits are earnings-related. Participation rates also differ between age groups.