Russia, with its rich culture and dynamic cities, attracts many foreigners. However, settling in can be challenging, especially when opening a bank account. This guide helps navigate the process for those looking to reside in Russia. Start by selecting a bank, such as Sberbank, VTB, or Alfa-Bank. You’ll need documents like a valid passport, visa, proof of residence, and a tax identification number. After gathering these, visit the bank to complete the application. Depending on the bank, you might need to make an initial deposit. Once approved, you’ll receive your account details and debit card. Wealth Consulting offers tailored support to ease your transition.