An unfortunate Russian citizen here. I left Russia in 2006, but the passport is still like an iron beam on my neck.
And you would also get the exit ban. FYI, people who worked for Russian biggest banks are now banned from leaving the country, and that is not only IT, real bankers are banned from leaving as well.
Owners of biggest commercial enterprises, and their children were also forbidden from leaving.
Russian FOREX, and crossborder transactions are nominally still open, but any outgoing transaction over $10,000 triggers an automatic account freeze.
People are also unable to sell their property. There is no official ban, but the necessary paperwork for property sale is impossible to do now.
Stock market is bust, but brokerages are also effectively shut down without declaring it publicly. Dividends are frozen because the electronic system controlling dividend transactions simply been physically switched off for months.
Russian customs enforcement always been draconian, but now it went into total overdrive, with Russia-Kazakhstan border seeing kilometres long queues because now 100% of all cars, and cargo goes through full search. People been trying to save their last money by trying to get it over the border as gold bars, only to have them seized with zero paperwork.
You can easily buy cash in those small stores with surprisingly good exchange rates. Also I have converted my Rubels to Euros for months now on the stock market and sent them via Swift into an EU bank (in total above 10k€). So no problems there either. But the customs do question you rather aggressively about cash. Although he didn’t seem to believe me that I didn’t have cash with me, he didn’t search me either.
And you would also get the exit ban. FYI, people who worked for Russian biggest banks are now banned from leaving the country, and that is not only IT, real bankers are banned from leaving as well.
Owners of biggest commercial enterprises, and their children were also forbidden from leaving.
Russian FOREX, and crossborder transactions are nominally still open, but any outgoing transaction over $10,000 triggers an automatic account freeze.
People are also unable to sell their property. There is no official ban, but the necessary paperwork for property sale is impossible to do now.
Stock market is bust, but brokerages are also effectively shut down without declaring it publicly. Dividends are frozen because the electronic system controlling dividend transactions simply been physically switched off for months.
Russian customs enforcement always been draconian, but now it went into total overdrive, with Russia-Kazakhstan border seeing kilometres long queues because now 100% of all cars, and cargo goes through full search. People been trying to save their last money by trying to get it over the border as gold bars, only to have them seized with zero paperwork.