Dear All, To clarify :
The "*AUTOMOBILE PASSPORT*" is held as collateral for the duration of the Loan not your personal passport - much like when you take a mortgage the bank will hold the deed to your property. In Russia they refer to the title or deed in respect to automobiles as the "Vehicle Passport" It may have changed but 3 years ago - Raiffeisen Bank permitted foreign nationals to take out a 3 year "New Car" automotive loan [ which is what I obtained in USD] They also permit early pay-off without penalty after 6 months. Raiffeisen Bank will issue you a document approving your credit for 90 days. Permitting you time to search and find your car. They will as well provide you with a list of approved dealers and insurance companies [ you can find this list on their web site] Once you take possession of your car you will need to register it and get your technical passport [good for 3 years "this requires a medical, the purchase of a fire extinguisher / first aid kit / road marker" - The medical certificate proving you are normal enough to own and drive a car - cost 1000p done in 2 hours - the other items either come with your car or can be purchased for under a few thousand roubles] The first time around the process will take 2 trips after that - it will be a yearly event [ for people holding work permits - it co-insides with your work visa and registration] *As a side note* I just completed this process : It took 2 hours from start to finish. Arrived at 11:55 and left at 13:55 :) To all expat's about to complete this process yourselves: Their New Address is: 20 Lobnenskaya Street - crosses Dmitrovskoe Shosse [from the centre turn left it is almost at the end of this road] - close to MKAD *You are required to submit*: Automotive Passport [original plus copy ] Current registration [ original plus copy ] Vehicle registration card [plastic card] Insurance Policy [Osaga] Your Passport There is no longer a need to travel to the bank to pay the registration fee - it can be done via a payment kiosk right on premises. [ Commission fee 20% - well worth it] Nina Dolman Commercial Director - International Operations / FT-Network Email: [EMAIL PROTECTED] www.ft-network.biz mobile: 007 926 248 97 42 2008/9/24 Vladimir <[EMAIL PROTECTED]> > 1) as far as i know, no translation is required if you have an > International Drivers license - just pay some $ and get it, you will > be fine. > > 2) holding a passport as a loan collateral is illegal under the > Russian laws. If it is indeed the case, just proves that bad > reputation that RZB has in Russia. > > Anyway, if you come to Russia, just bring some money and buy a used car, > then register it on a Russian resident and drive it under the power of > attorney (doverennost). Then you will avoid the hassle of foreign > plates etc. There are some car leasing opportunities, I hear. > > You may also consider long term rentals, for prices see below > > http://www.prokatauto.ru/tariffs/ > > Wednesday, September 24, 2008, 2:50:45 PM, you wrote: > > > For the record Raiffeisen Bank does offer loans to foreigners. I have a > 3 > > yr USD car loan @ -9% interest. The Bank holds the passport until the > car > > loan is paid off. My loan will end in Feb 09. I have been here in > Russia > > 5+ years on a work visa. Restrictions: Must be employed by the same > company > > for 1+ years and be able to provide them with official documented proof > of > > income as a permanent employee. Must be for a new car purchase only. > Must > > be able to place a down payment of a minimum of 25% of the price of the > > vehicle. The whole process in obtaining credit took 10 days. The credit > > authorization was valid for 90 days. Raiffeisen bank will supply you > with a > > list of authorized automotive deals and insurance companies. They are > > foreigner friendly speak English and very easy to deal with. > > > If you are in the centre there is a very accommodating branch on > Tverskaya > > Yamskaya right near Mayakovskogo metro. > > > Hope this helps :) > > > > On 23/09/2008, Johan Hultman <[EMAIL PROTECTED]> wrote: > >> > >> Many thanks for all the useful and interesting answers! > >> Just found out the great potential of this mail-list! :-) Incredibly > >> valuable to get this input! > >> Looks like a translated/notarized copy of your drivers license and > passport > >> is the way how most people deal with this issue, and Raiffeisen was > >> mentioned by several people so this is were I'll turn first of all - > hope > >> these guys are as good and generous as you say! ;-) > >> Good luck to you all and DRIVE SAFELY!! :-) > >> > >> Cheers! > >> /Johan > >> > >> > >> 2008/9/22 Nina Dolman <[EMAIL PROTECTED]> > >> > >>> > >>> I have been living in Moscow for more than 5 years driving with my > foreign > >>> License [I am Canadian]. All you need to do is have your foreign > license > >>> translated into Russian. > >>> > >>> For car loans contact - Raiffeisen Bank > >>> > >>> > >>> > >>> > >>> Nina Dolman > >>> Commercial Director - International Operations / FT-Network > >>> Email: [EMAIL PROTECTED] > >>> www.ft-network.biz > >>> mobile: 007 926 248 97 42 > >>> > >>> > >>> > >>> 2008/9/21 Johan Hultman <[EMAIL PROTECTED]> > >>> > >>>> Dear All, > >>>> I would like to ask if someone could help in clarifying the conditions > >>>> for driving in Moscow with a foreign driving license? > >>>> In my case the driving license is from European Union (Italy); as far > as > >>>> I understood I can use it, but for a limited period? > >>>> How long is this period, and after that what is needed? To make a new > >>>> Russian one or it will be enough to adapt the foreign driving license > in > >>>> some way? > >>>> > >>>> Further I would like to ask if someone has knowledge of where to > receive > >>>> credit in Moscow (for buying a car) as a non-Russian citizen. All the > banks > >>>> I asked so far refuse even though I have a good (white!) salary... > >>>> > >>>> Thankful for any advice! > >>>> > >>>> Cheers! > >>>> /Johan > >>>> > >>>> > >>>> > >>>> _______________________________________________ > >>>> Expat mailing list > >>>> [email protected] > >>>> http://www.lists.ru/mailman/listinfo/expat > >>>> http://www.expat.ru/forum/ > >>>> > >>>> > >>> > >>> > >>> > >>> _______________________________________________ > >>> Expat mailing list > >>> [email protected] > >>> http://www.lists.ru/mailman/listinfo/expat > >>> http://www.expat.ru/forum/ > >>> > >> > >> > >> > >> _______________________________________________ > >> Expat mailing list > >> [email protected] > >> http://www.lists.ru/mailman/listinfo/expat > >> http://www.expat.ru/forum/ > >> > > _______________________________________________ > Expat mailing list > [email protected] > http://www.lists.ru/mailman/listinfo/expat > http://www.expat.ru/forum/ >
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