Table of Restrictions on Financial Operations for Russian Residents (FTL Advisers, March 2024)
Reference table from LLC "FTL Advisers" (Moscow) "Restrictions on Operations of Russian Residents with Monetary Funds and Other Assets" as of 20.03.2024. Structured by types of operations: deposits, transfers, loans, real estate, securities, shares of LLC, etc.
About this document
A reference table by the law firm FTL Advisers, «Restrictions on operations of Russian residents with funds and other assets», as of March 2024. The material is organized by operation type: credits to foreign accounts, transfers, loans, real estate deals, securities, LLC stakes, taking cash currency out. For each operation it states: allowed or not, the effective period and the legal basis (presidential decrees, Central Bank clarifications). Per community reports, key items include limits on transfers from own accounts abroad and special rules for dividends. For emigrants with Russian accounts and assets this is a practical map of the restrictions; the regime changes quickly, so check the current versions of the decrees.
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How to use it
Before any operation with Russian money - a transfer to yourself in Italy, selling an apartment, receiving dividends - find it in the table and check its status and legal basis. The snapshot date is March 2024: always verify against current decrees and Central Bank clarifications. The document can be viewed page by page in the protected viewer.
Why you need it
Practical guide for Russian citizens who have moved to Italy or other EU countries on which financial operations with Russian assets are permitted/prohibited. Critically relevant for emigrants with Russian accounts, real estate, and securities.
Key information
- Deposits to foreign accounts from Russian: allowed up to 1 million USD per month (account-to-account) or 10,000 USD per month (without opening an account).
- Dividends from Russian JSC/LLC to foreign accounts in foreign currency: NOT ALLOWED (since 05.07.2022).
- Dividends in rubles to foreign accounts with conversion: ALLOWED (since 05.07.2022).
- Dividends to accounts in subsidiary banks of Russian banks abroad: ALLOWED (since 17.08.2022).
- Sections: 1) Deposits; 2) Transfers; 3) Transfers without opening an account; 4-6) Loans in currency/rubles/repayment; 7) Real estate (Russian, foreign, settlements); 8) Securities; 9) Shares of LLC; 10) Other investments; 11) Export of cash currency; 12) Set-off; 14) Profit.
- Each operation: code, description, allowed/not allowed, validity period, regulatory document basis.
- Main regulatory acts: Presidential Decrees of the Russian Federation N 79 (28.02.2022), N 430 (05.07.2022), extracts from the Central Bank of the Russian Federation, letters from the Bank of Russia.
Related materials
Reference documents
- Tariff Table for Vehicle Tax (bollo auto) of the Province of Trento for 2025
- Poste Italiane Tariffs for SEPA Transfers (bonifico and Postagiro)
- Federal Law of the Russian Federation (3rd reading): changes in the procedure for exit/entry of Russian citizens
- State-Regional Agreement on Medical Assistance to Foreigners in Italy (2012, Rep. N 255/CSR)
- Decree of the Ministry of Foreign Affairs of Italy of May 11, 2011 - Types of Visas and Requirements
- Directive of the Ministry of Interior of Italy on the Rights of Foreigners During the Waiting Period for Permesso Renewal (August 2006)
A real document from community materials. Not legal advice - verify the official blank and current requirements on the authority site (esteri.it, interno.gov.it, portaleimmigrazione.it, questure.poliziadistato.it).