Recently, the Federal Tax Service (FTS) clarified whether such transactions are legal. According to the Federal Tax Service, they are absolutely legal. Citizens of the Russian Federation have the right to receive funds from renting out both Russian and foreign real estate to their foreign accounts. Such activities are classified as foreign trade services, and under such agreements, the transfer of funds to foreign bank accounts will be legitimate. Foreign trade transactions can be conducted by both individual entrepreneurs and individuals without the status of sole proprietors.
Fined in January, businessman Alexei Efremenko, who rented out non-residential premises, receiving payment to his account in a German bank, managed to challenge the decision of the tax authorities in court at the end of April.
Source: Forbes