Russia
How Russia performs
Tax
Lighter than most. Taxes here are below average: Russia is 47th of 123. Most people keep a good share of their income and business profit. Personal income tax 13-22%, corporate tax 5-25%, VAT 22%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Serious concerns. Russia is one of the least peaceful countries in the index, 117th of 117. Check current travel advice before planning a move.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Average cost. Everyday costs are mid-table: Russia is 52nd of 118.
Source: Numbeo Cost of Living Index
Education
Average education. Education is mid-table: Russia is 50th of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 5-25% Applicable tax rate varies based on the nature of the business |
|---|---|
| Personal income tax | 13-22% Applicable tax rate varies based on amount of income |
| Standard VAT | 22% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- YesProficiency in Russian language
- Investment Immigration Pathway
- Russia Golden Visa
- Official language
- Russian
- Dual citizenship
- Allows with conditions