All about: Foreign intermediaries

1. The insurance company

To open the account in the insurance company for investment, it is necessary to prepare following documents:

The statement with instructions of funds for investment,
The document confirming the place of residence (the receipt on payment of utilities or an extract from bank),
The list of successors,
International passport copy.

These documents are sent to the company which steadfastly studies the future client. Can sometimes request the additional information: it concerns incomes of the potential investor more often. If all is normal, the client receives the corresponding notice and then he can transfer money to the company account.

To make such transfer, it is necessary to give only in bank the translated copy of the statement. It is enough of it to send money abroad, but, alas, not all banks so easily carry out this procedure. So, in "Sber" it is not necessary to go: he puts so much obstacles on a way of the client what easier to open the account in Rajffajzenbanke or in ВТБ 24 and to make transfer through them. The bank commission for transfer of means can be different – from $30 to $300 depending on bank and from the transfer sum.

After reception of means for the account the insurance company sends to the client the policy which is the basic document for the investor. And further it is possible to watch investments in a mode of real time through the Internet. And this big advantage of the insurance company in comparison with bank or bank-depozitariem. For an example we will result two insurance: Generali (Guernsey) – affiliated company of insurance company Assicurazioni Generali SpA (rating АА from agency S&P) and Scottish Life (Isle Of Man) – affiliated company Royal London Group (a rating And from agency S&P). Both have high ratings of reliability, and means of the client are protected by very strict financial legislation of the countries where they are registered. Other reliable insurers can be found, studying ratings of authoritative agencies S&P – www.standardandpoors.com and FITCH – www.fitchratings.com.

2. Bank-depositary

Procedure of opening and the list of documents for account opening almost same, but thus you are obliged to inform tax that have opened the bank account. Otherwise the bank won't translate. At account opening in the insurance company to inform tax on it it is not necessary

3. Foreign commercial bank

The same procedure, as well as in bank-depozitarii (if not to take into consideration that foreign banks with the big scratch open accounts to Russians – to their check approach strictly, and any coming money carefully is checked about their origin). Unique distinction between these banks that, having the account in commercial bank, you can not buy shares on this money, and simply hold on the account. The Bank-depositary for the account doesn't hold money – having made there transfer, you are obliged to give to bank the list of funds for investment.

4. The Internet broker

For account opening it is necessary to fill the corresponding questionnaire on a site, to unpack it and to send to the broker on his physical address. Further you transfer money to the account of the broker, and all – can buy shares of funds through the Internet. At opening of the account at the broker tax it is not necessary to inform. Examples of brokers and their sites: TD Ameritrade (www.tdameritrade.com), Interactive Brokers (www.interactivebrokers.com).