Russian stocks

[friedrich5000]

Would it be possible to get some exposure to the Russian stock market as someone who holds a Western European passport?

I feel like it could be possible to find some undervalued stocks there, especially considering the lack of capital inflow from Western countries and institutional investors not being able to invest there for political reasons, despite attractive valuations.

I made nice gains from one Ukrainian stock, so now I might look into what the Russian market has to offer, especially considering that sanctions might be loosened soon.

Thanks! No politics, please.

 

[JohnnyDoe]

Of course it is possible, you need to go to Russia and open a non-resident account. Many ways to fund it with crypto.

 

[daniels27]

Of course. You just need to have a broker which can sell you stocks. Russia has no sanctions for you.

 

[Alonzo]

Of course it is possible, you need to go to Russia and open a non-resident account. Many ways to fund it with crypto.

How will he avoid the very recent EU surveillance on every single crypto transaction? Kinda risky assuming he lives there

 

[JohnnyDoe]

How will he avoid the very recent EU surveillance on every single crypto transaction? Kinda risky assuming he lives there

Many ways to do so. If you use crypto you should have some basic knowledge of privacy related issues.

 

[daniels27]

How will he avoid the very recent EU surveillance on every single crypto transaction? Kinda risky assuming he lives there

You can also move fiat if you prefer.

 

[Alonzo]

Many ways to do so. If you use crypto you should have some basic knowledge of privacy related issues.

It’s not that easy anymore. Simply leave EU

 

[JohnnyDoe]

It’s not that easy anymore. Simply leave EU

Of course you can do that, see
Thread 'Russia residence - my journey'
https://www.offshorecorptalk.com/threads/russia-residence-my-journey.46303/
But you can also follow other routes. Happy to discuss.

 

[daniels27]

@JohnnyDoe which stocks would you consider buying in Russia? Is there something similar to your IBKR portfolio post? Like JohnnyDoe's Газпромбанк Portfolio?

 

[JohnnyDoe]

@JohnnyDoe which stocks would you consider buying in Russia? Is there something similar to your IBKR portfolio post? Like JohnnyDoe's Газпромбанк Portfolio?

Severstal, Lukoil, Rosneft, Sberbank, Phosagro

 

[daniels27]

Severstal, Lukoil, Rosneft, Sberbank, Phosagro

You invested in any of these?

 

[JohnnyDoe]

You invested in any of these?

Yes, but this is not financial advice. What is good for me might not be good for someone else.

 

[forward]

Severstal, Lukoil, Rosneft, Sberbank, Phosagro

wait, are they available on IBKR ?

 

[JohnnyDoe]

wait, are they available on IBKR ?

They are not (yet)

 

[friedrich5000]

Of course it is possible, you need to go to Russia and open a non-resident account. Many ways to fund it with crypto.

Thanks Johny, do you know if they are likely to ask for SOF if I invested 50-100k USD ?

 

[JohnnyDoe]

Thanks Johny, do you know if they are likely to ask for SOF if I invested 50-100k USD ?

They don’t. In normal places, people are considered to be law abiding until proven otherwise, not the other way around.