Benefits of living in Belarus

The Republic of Belarus is an Eastern European state, a neighbor of Russia. The location on the border with Western Europe, the absence of a visa and language barrier for Russians, the development of the IT sector make Belarus an excellent option for quick relocation and an effective investment opportunity.

Which cities of Belarus are suitable for permanent residence?

We have compiled a rating of Belarusian cities for permanent residence:

Minsk. The main advantage is clean streets, improved areas not only in the center, but also in remote areas of the capital. High salaries in comparison with the rest of the country.
Grodno. The place is suitable for young families. Low crime rate, abundance of attractions, low-rise multi-colored residential mansions.
Brest. Border town next to Poland and Ukraine. Cozy streets, stunning architecture, attractions attract tourists.
Gomel. Quiet and green place: an abundance of parks and forests, the Sozh River provide beautiful views and places for walking. The most expensive housing is new buildings overlooking the river.
Mogilev. This place is suitable for those who are looking for small peaceful town. Enough schools, kindergartens, hospitals - this is especially attractive to those who move from densely populated cities, where you have to wait for a quota.

Prestigious districts of Minsk

The central district is the hallmark of the city. The most expensive real estate is near the Nemiga metro station, near Oktyabrskaya Square, Romanovskaya Sloboda, st. City wall.

The Sovietsky district is recognized as the most picturesque because of its unique landscape: cozy courtyards, parks, squares. Here is a diverse real estate: Soviet houses with major repairs, old estates along Nekrasov and Tirazhnaya streets, new residential complexes Arcadia, Prestizhino, Rakhmaninov, luxury housing near Independence Avenue and the Tsnyansky reservoir.

The Frunzensky district is the leader in the secondary market in terms of the number of transactions. It can be called a "city within a city". There are 8 microdistricts, including the most popular are Kamennaya Gorka, Kuntsevshchina, Masyukovshchina.

Can Russians buy real estate in Belarus?

All citizens of the Russian Federation have the right to purchase, sell, inherit real estate in Belarus - there are no restrictions. You don't need a temporary registration to buy an apartment.

There is a nuance regarding the land. Only citizens of Belarus can own land. But a Russian can rent them for 99 years. The situation with buying a house is as follows: you will own the building itself, and the land will be leased to you.

What taxes do Russians pay when buying and selling housing in Belarus?

Russians do not pay taxes when buying real estate in Belarus. There is a property tax in the form of 0.1% per year for citizens of the country and residents. They are subject to apartments and houses.

When selling a home, you need to pay 13% of the profit (that is, subtract the purchase price from the sale price). Repair costs are not included. If the apartment was given to you as a gift, or it was inherited, then the taxable base will be the appraised value of the apartment. There is another option: you need to live in Belarus for 183 days during the year (it is possible not in a row) - you will become a tax resident in this country. In this case, once every 5 years, you can sell real estate and not pay transaction tax.