... around 10%. This process allows individuals to purchase items for approximately half of their initial value, and in some cases, even less. Documentation When purchasing real estate or vehicles, buyers must obtain a complete set of documents required by government authorities for the transfer of ownership. After completing the purchase, it is advisable to transfer the asset to a third party. This approach helps avoid potential legal claims. A final buyer, by law, is considered a bona fide purchaser and ...

... especially when investing in closed funds. Withdrawal time. Recovering your money immediately is not feasible. Typically, this process takes from one to several weeks. Taxation. Upon receiving income, individuals are required to pay a portion to the government, of course, if they plan to adhere to legal practices and declare their profits annually. In Russia, funds have only recently emerged, leading to an underdeveloped structure. This increases the influence of state economics on organizations,...

... on the dollar, have started exploring alternative means for conducting cross-border transactions. Putin pointed out that these sanctions risk undermining the dollar’s global trust, describing this as a “serious mistake” on the part of the U.S. government. Is a BRICS Currency Realistic? The concept of a BRICS currency has been a topic of ongoing debate among economists and policymakers. The BRICS alliance—comprising Brazil, Russia, India, China, and South Africa—represents some of the world’s ...

... an article on this website. Risks and Opportunities of IPOs: What to Consider 1. The Role of Reputation and Compliance with ESG Principles In today’s financial system, a company’s reputation plays a crucial role. ESG (Environmental, Social, and Governance) has become an essential part of company assessment for many investors. Companies adhering to these principles generally maintain a robust reputation and pose minimal risks for investors. 2. Potential Risks and Market Instability in IPOs Entering ...

... insurance. Tinkoff Bank operates exclusively through a mobile application and online banking, focusing on user convenience and fast service. Prospects for Fintech in Russia The Russian fintech sector continues to develop rapidly, attracting investment and government support. Developments in fintech improve the availability of financial services for the population, help small businesses, and make financial transactions convenient and safe. With the expansion of opportunities for users, fintech is becoming ...