How to get a loan from a foreign bank. Is it possible to take a loan from a foreign bank and spend it in Russia

Credit conditions in foreign banks are much more favorable than in domestic ones. Mortgage loan at 5%, desire to please customers, service culture, long history successful work- pleasant "little things" that attract borrowers.

Why take a loan from a foreign bank if Russian banks lend to the population? Perhaps there are people who are perplexed about this. Then let them try to answer why there are so few foreign banks in our financial market.

Yes, simply because if the borders were opened for them, the ruble would collapse. Foreign credit markets have long been formed and are no longer trying to make money, for example, on mortgage loans, but are interested in the population buying real estate.

Therefore, mortgage loans in these banks are given at 5% per annum, while in Russia the rate is about 10-15% per annum. Of course, the Russians would prefer to take loans from foreign banks, and the cash flows would rush abroad. This is the main attractive feature, but there are also secondary ones - a high service culture and customer orientation in foreign banks.

Is it possible for a Russian citizen to take a loan from a foreign bank?

There are three mortgage lending schemes in the world:

American - extended-open.
German - balanced-autonomous.
Spanish, English, French and Italian - truncated open.

Let's take a closer look at each scheme.

Extended-open scheme. This scheme is most common when buying ready-made housing. Buyer pays from own funds a small part of the cost, and the rest of the amount is covered by a bank loan. The borrower repays the loan to the bank within 15-30 years.

Balanced autonomous circuit. Similar to the first scheme, but in Europe it works a little differently. Those who want to take a loan open a savings account at the bank and save money on it, which will allow them to make a down payment. Usually 5 years is enough for this. After that, the state joins the purchase and pays about 10% of the value of the property, and the borrower receives the rest of the money as a soft loan, the term of which is usually 15 years.

Truncated Open Diagram. A financial institution issues a target loan to the borrower, aimed at investing in various projects. You can invest in real estate, for example. Mortgages remain in the primary market valuable papers. The duration, size and interest rates of such a loan are not clearly regulated, and the bank's management sets them at its discretion, taking into account the wishes of the client and the credit situation.

Mortgage loan today can be easily taken in Spain or Cyprus. I must say that in Cyprus, Russian citizens are the main buyers of real estate, and there are many very attractive offers in banks. You can get a mortgage at 3.5% per annum, which seems like a very good deal. Even a not very wealthy person can buy a country villa in Cyprus, and it will cost less than a house in Russia.

Consumer loan in a foreign bank

Getting abroad is much more difficult than a mortgage. To qualify for such a loan, you need to be a resident of the country where you want to borrow. Only if you have a residence permit or a green card, your application will be considered by the bank on general terms.

If in the case of a mortgage, the bank does not take risks - in case of default on the loan, the costs will be compensated by the sale of collateral (real estate), then when buying expensive items, such as a car, banks look very closely at the applicants. Often, the term of the loan is determined by the time frame of your stay in the country.

If you live in the country on a legal basis, officially work, receive income and have a good one, you can apply for a bank loan without hesitation - the probability of a positive resolution of your request is very high.

Russians permanently residing in the Russian Federation, wishing to take loans from a foreign bank, face serious problems. Such applications are considered by foreign banks in individually and it is difficult to advise anything that guarantees the receipt of credit funds. It is better to contact specialists who specialize in such transactions. At the same time, choose a brokerage company that has been operating in the market for a long time and enjoys a positive reputation.

Is it difficult to get a loan abroad?

For immigrants who have moved to a new place of residence, loans are necessary for quite understandable reasons. Banks in Europe are open to newcomers, but in different countries there are regulatory subtleties of immigrant banking.

By presenting a passport, an immigrant can deposit money into a bank account, but a certain amount is required to obtain a loan. social status. A tourist or an unemployed student has no chance of getting borrowed money from a bank. In extreme cases, you can get a loan for relatives or friends with a stable financial situation. Although only the closest people can agree to this.

The siding is opening a legal entity and obtaining a loan for a company. A mortgage can sometimes be arranged for a realtor, although such a service is very expensive.

The subtleties of obtaining a loan abroad

The lending procedure in Europe is not easy, so it is better to entrust all the efforts to professional intermediaries. When buying a property, contact a real estate agency. Upon purchase ready business use the services of a consulting firm.
Required documents:

the passport;
income statement;
information about the composition of the family;
statement from the personal account;
property title documents.

The amount you can count on directly depends on the level of income indicated in the documents. Ideally, the size of a one-time loan payment should not exceed 40% of monthly income. The bank may request proof of permanent employment and a copy of a long-term visa.

You can minimize paperwork by contacting a branch of a Russian bank abroad even before obtaining a new citizenship. If the bank you dealt with in Russia has subsidiaries abroad, ask for proof of your positive credit history.

In some countries, there are age restrictions for borrowers - from 18 to 60-65 years.

Why do you usually take out a loan abroad?

Most often, Russians take mortgages abroad. They occupy somewhat less often. Infrequently - . Very few people want to borrow money for household trifles.

They are also not very common, since most often the children of wealthy parents or wealthy people study abroad to receive a second higher education.

AT developed countries mortgage issue at 4-6% per annum for 30 years. Thus, you can buy property in the UK, Germany, Cyprus, Spain and Israel.

The rate on a car loan is on average 4%, on a consumer loan - 7% per year. Average data for business and education loans vary by country's immigration policy. In many European countries, the business of newly arrived immigrants is given loans with great care, and Chinese banks provide bank support to visiting entrepreneurs willingly and on favorable terms.

Getting a loan from any Russian bank is not a problem for most of the able-bodied population of the country. This procedure has become so simplified that credit organizations sometimes require only a passport.

There is only one problem - these are interest rates and the terms of the contract - the point is not just important, but, perhaps, the main one. After weighing all the pros and cons, people begin to think about how to get a loan abroad, because it is many times more profitable.

Can I get a loan abroad

Why are loans abroad so attractive? Even in times of crisis, the average interest rate in a foreign bank for mortgage loans varies from 4-6%, and for consumer loans from 7-9%. In Russia, these parameters reach 11-17% and 20-40%, respectively.

A loan is provided by analogy with the process familiar in our country: documents are collected, an application is submitted, the bank considers the request and a decision is made.

But the probability positive result small, because it is very difficult to prove your reliability and solvency as a citizen of another state. Still, it's worth trying similar practice exists.

Useful video on the topic:

Before applying, it is better to collect information from the reviews of people who actually received loans abroad. By the way, on the forums you can learn a lot useful information about the specifics of issuing a loan in a particular country.

To increase the chances of a positive response, you need to act in accordance with the following options:

Have a residence permit, citizenship or formal temporary residence in the country where you plan to make a loan.
Own property in the same state from which taxes are paid: house, apartment, land, etc.
You are going to spend the received money here, for example, by buying a house or a car.
Find relatives or friends in this country who can become co-borrowers or guarantors and have a positive credit history. Although it is better if they draw up a contract for themselves, and you just need to transfer money and pay off the debt.
It is more profitable to choose the bank whose representative office is present in your home country. If possible, then first open an account while in Russia, in their branch. So, you will provide all the information in advance and will be able to prove yourself on the positive side.
Also, for starters, you can open a deposit account in another country in order to subsequently contact this bank and apply for a loan.
It is always difficult for individuals to get a positive answer in a foreign bank. But you can go to the trick and register your own company.

Now many countries actively practice issuing loans for small or medium-sized businesses, so it is often easier for a legal entity to get a loan abroad. And there are states in which the entrepreneur is considered to be the one who owns real estate, rents it out and pays the corresponding tax.

Taking all this into account, let's say that getting a loan abroad is real, although for many it is almost impossible.

Important! No foreign bank will approve a loan to a non-resident of its country for use in the territory of another state.

Instruction

To apply, you need to follow a number of steps:

Analyze and select those countries that are more loyal to the issuance of loans to non-residents. Here, for example, Portugal, Turkey and Spain can be singled out - they are favorable to Russian citizens.

And getting a loan in Cyprus is a little more difficult than in Russia, and even more so because of the language barrier. China gives loans to non-residents who live or study in their territory for at least a year.

On the contrary, in France, England and Germany, it is very difficult to get a loan even for those who have a residence permit. In Italy and the USA, this is almost impossible to do.

Now you need to decide on the type of loan. For foreigners, consumer lending and mortgages are possible. If you are fluent in languages, then you can submit requests to interested foreign banks via the Internet on their websites without leaving Russia. Fill out the form with a preliminary application, send it for verification and wait for a response.

After approval or for an initial appeal to a bank branch, it is better to turn to professionals for help: real estate agents for foreign real estate or a consulting firm.

And some more tips:

Collect documents. You will need a visa, passport, birth certificate, papers confirming income. But by the way, each country and bank has its own list.
All collected copies are translated into the language of the country where the loan is issued.
An initial deposit of 10-30% is required if cash is not taken on credit (approved in exceptional cases).
The entire process takes 2 to 7 weeks on average.

Foreign banks issue loans in local currency or dollars and euros. You cannot get a loan in rubles abroad.

You may also be interested in these articles:

Mortgage abroad

Taking out a mortgage at a low interest rate abroad is more possible than any other type of lending. Banks are more willing to provide it to non-residents of the country and even meet halfway: they give a deferred payment, they can change the terms of the contract, it is allowed and even encouraged to rent out purchased housing, it is possible to sell property with the transfer of credit obligations to a new owner.

In Spain, Bulgaria, Poland and Cyprus, take a mortgage for Russian citizens simply. But the crisis forced the banks of even these countries to increase the requirements for borrowers. If earlier 20-25% of the down payment of the total amount was considered sufficient, now the requirements have increased to 40-60%. Cooperation with credit institutions of other countries should be approached with full and reliable information about the conditions of their programs. It is necessary to contact only trusted intermediaries, and the purchase of real estate should not be carried out according to photos and recommendations. Invest wisely.

Interest rates on loans from most foreign banks are more attractive than those offered by Russian ones. And the main proof can be considered 4-6% per annum when purchasing a mortgage in Europe, and 13% per annum - which Russia offers. How realistic is it to take loans in Europe Russian borrower?

Credit in a foreign bank: conditions for obtaining a loan

Take loan from a foreign bank- does not mean to come to the Russian branch of a European bank - the interest there will be "Russian". To apply, you need to contact the source, that is, the bank in his country.

Providing a loan to a citizen of another country carries an increased risk for foreign banks. Indeed, in the event of problems related to the payment of the debt, this issue will be regulated not by the state whose bank issued the funds, but by the country of registration of the borrower. This does not entirely suit the creditor, as it will be difficult for him to control the lawsuit.

It is most likely to get a loan in a foreign country in the following cases:

if the potential borrower has a residence permit in the country;
lives permanently in the country where the bank is located;
the borrower has dual citizenship(including in the country of the creditor bank);
the borrower is an entrepreneur in the country of the bank where he takes out the loan.

For example, in Finland and Italy such activity may be equated with the rental of real estate. But only if all taxes established by local legislation are paid in full.

To obtain credit in foreign credit institution It is recommended to do one of the following:

apply to a foreign consulting agency when buying a business;
contact a real estate company - in case of real estate acquisition(that is, the bank issues a loan to a real estate agency, and the client only needs to pay the amount of the down payment)

Take mortgage in a foreign bank You can only purchase real estate in the same country. For example, in Spain, it will not be possible to purchase a Moscow apartment. Real estate in Russia is illiquid collateral for a European bank, which in fact can be equated to the absence of such. There is only one way: if you have a relative in the country where you received the loan, who is ready to vouch for you and pledge his property as security for the loan.

In which foreign banks can Russians get a loan

Almost any American or European bank is a potential creditor for a citizen of our country. But whether he becomes one or not depends on the client's knowledge in matters of foreign lending, as well as the state of his bank account.

For example, at the bank of Spain possible at 4% per annum. For a period of up to 25 years, its size reaches 60% of the value of the acquired property. It will be necessary, in addition to complete set documents confirming the income and trustworthiness of the borrower, provide a certificate of absence of loans at home. The entire set of documents must be translated into official language licensed professional.

Get a mortgage in France is possible only in a limited number of banks, among them:

Credit foncier de France
Societe Generale

But you can open a loan here only if the borrower already has real estate in the country.

Easier to get a mortgage In Cyprus. He is loyal to foreign borrowers. Mortgages at 7% per annum are offered by:

Hellenic Bank
Bank of Cyprus
Laiki Bank
Alpha Bank

Key points that may affect the decision of the bank:

The borrower has a residence permit in the country of the creditor bank.
Due to the lack of a credit history of a citizen of the Russian Federation abroad, in most cases it is necessary to have a deposit in the bank where you plan to receive a loan later.
Reliability and reliability of documents confirming the reliability of the borrower, including his legal income, preferably in the country where the bank is located.
Availability of loan collateral. For example, previously purchased real estate.

The fact remains that loans from foreign banks are offered at a much lower interest rate than in Russia. Thus, a mortgage in many European countries and the US will cost an average of 4-6%, and a consumer loan - about 7-10%.

Russian bankers explain that such a "luff" for the borrower is possible not because of the disinterestedness of Western colleagues, but solely because of the free access of foreign banks to "long" credit money. But the borrower is not too interested in the features of monetary policy. He is interested in getting 10-20 years at a fantastically low rate. And he begins to study the proposals of foreign banks.

And here it turns out that subsidiaries located in Russia, when issuing loans, are guided by the realities of the local market.

There are no registered branches of foreign banks in Russia. Moreover, the possibilities for opening them are limited by law. BUT subsidiaries subject to Russian laws, in terms of conditions for the borrower, do not differ too much from Russian banks.

The conclusion is simple: in order to take advantage of foreign interest rates, a loan must be taken directly from abroad. Shall we try?

But who will give him?

Theoretically, no one forbids you to apply to a foreign bank. In practice, from the very first steps (at the stage phone call or applying) it becomes clear that you are not very welcome. Despite the fact that most large banks have a number of loan offers for foreign borrowers, they prefer to give loans to citizens of their country or at least residents (no, we are not talking about spies, but about those who live in the country long time legally).

Reference

Resident of the country (from lat. residencies- sitting, remaining in place) - legal or individual, permanently registered or permanently residing in this country. Residents are obliged in their economic activities to adhere to the laws of the country of residence, pay taxes in accordance with the laws and regulations of this country.

There are good reasons for such discrimination. Lending to foreigners carries increased risks for the bank. If only because such a borrower is always a “servant of two masters”: he takes a loan in one country, and if something happens, a credit dispute will be considered according to the laws of the country of which he is a citizen. Partly for this reason, foreign banks often prefer not to contact our compatriots at all ...

Those who permanently reside abroad and / or have a residence permit in the country where they plan to take a loan have the greatest chances of obtaining a loan from a foreign bank. Russians permanently residing at home and not having dual citizenship, can count on a loan from a foreign bank only if they conduct business activities abroad.

If you bought a house abroad, rented it out and pay to the country's treasury legal tax, then in a series European countries(for example, in Finland or Italy) will be considered an entrepreneur.

"Ambush" of foreign lending

Let's say you are a stubborn person and decided to get a loan from a Western bank at all costs. Perhaps your business requires it. Or you do not really trust the experts, believing that they are lobbying the interests of domestic banks and deliberately hide information about foreign credit organizations.

Well, in this case it makes sense to go in two parallel ways:

the first is to send application letters to foreign banks of interest to you (it is best to write in English).
the second is to walk around thematic Internet forums and talk with "experienced" ones who have already passed the same path. Russian-speaking residents of those countries that attract you with a “credit climate” can be of great help to you. Of course, the information will have to be filtered, but you will learn a lot of useful things. For example, that a foreigner's chances of getting a loan are increased by opening a deposit account with a Western bank. But alas, most banks operating outside the Russian Federation will not open such an account "just like that." You will have to settle a lot of formalities and prove that you are not going to use your account to launder criminal proceeds. And for that you will have to prove your financial viability and the legitimacy of the source of income.

And the most disappointing. If you want to get a loan abroad and spend in Russia, then, firstly, you will have to spend money on a commission for international money transfers. Secondly, you, or rather, your credit funds, may come to the attention of the domestic tax inspectorate.

According to paragraph 3 of Article 208 of the Tax Code, tax is levied on “other income received by the taxpayer as a result of his activities outside Russian Federation". Credit money fits into this definition quite well.

So, taking into account all the associated costs, the interest rate and the total cost of a loan in a foreign bank is not so profitable.

Mortgage in the West - an apartment in Russia? Forget about it…

So far, speaking of loans from Western banks, which can theoretically be obtained to spend in Russia, we have mainly meant "ordinary" non-purpose loans and credit cards.

But the main loan product that attracts our fellow citizens is the "Western" mortgage. And those coveted 4-6%... It would seem that the situation is rosy: foreign banks issue mortgage loans to Russians without any problems. The requirements for non-resident borrowers differ very little from standard conditions for the citizens of the country. Spain and Cyprus are considered especially liberal in this matter. However, there is a very significant caveat, the same for all Western countries A: The property you buy with mortgage funds must be located in the country where the mortgage is issued.

Simply put, it is impossible to get a mortgage loan from an American bank and buy an apartment in Russia. There are no exceptions even for Moscow and St. Petersburg. The reason for the restriction is quite logical: the collateral for a mortgage loan is the acquired property (house and apartment). And a house and an apartment on the territory of Russia for a foreign bank is considered virtually non-liquid collateral - including in metropolitan area, alas and ah.

You can prove your reliability and solvency three times and four times, but the bank will still consider that you are asking for a mortgage loan without collateral. The financiers have never gone for this and never will. Therefore, you cannot take a mortgage “there”, but you cannot buy an apartment “here”.

But there is one and only (and unrealistic for most) exception: the presence of a relative - a citizen of the very country where you want to get a mortgage loan, or another resident guarantor who agrees to take risks and provide the bank with his own house or an apartment. Naturally, not in Russia, but in the country where the loan was issued.

Summarizing

From a formal point of view, there are no legal restrictions on obtaining a loan from a foreign bank. But there are practical difficulties that negate all the benefits of such a decision - from methods of confirming income (only legal and transparent sources are recognized abroad) and ending with the unspoken reluctance of foreign bankers to work with Russian borrowers. In addition, not a single Russian real estate agent or mortgage broker will undertake to help you find a foreign bank that lends money to purchase real estate not abroad, but in Russia.

Foreign banks themselves generally offer a compromise: apply for a loan to subsidiaries operating in Russia. Think about it, maybe this is actually the best solution?

Anastasia Ivelich, expert editor

Interest rates on loans abroad attract many Russians. Almost every citizen of our country can use banking services abroad, but it will be quite difficult to get a long-term loan. The rules for opening a credit line depend on the country and the bank. We will figure out how to get a loan abroad and whether it is possible to do this without leaving Russia.

Internet using

The easiest way to get a loan abroad is through the Internet; there are electronic platforms for this. You don't have to travel to another country for it. The disadvantage of this method is that you cannot get a large sum and you need to give money after a short period of time. One of the platforms for this, available to Russians, is Webmoney. You will receive money to your wallet in foreign currency. To receive funds, you must:

have a personal certificate and above;
regularly use the wallet and have a good turnover of funds on it;
confirm your mailing address.

Loans from real users from abroad and receiving funds from a credit machine are available in the system.

The amount of the loan and the term for consideration of the application depends on your reputation in the system and the type of loan chosen. Ordinary users are available only microloans from 1 to 50 dollars. If you do business on this site, then you can really get up to 50 thousand dollars. These funds can be cashed out. Dollars can be converted into rubles and withdrawn to your card.

You will have to give the system a small percentage first for currency exchange, and then for withdrawing funds. The "pitfalls" are high interest- from 5 to 10% per month, as well as relatively short return periods from 60 days to six months.

Features of international loans

An exact answer to the question "Can a Russian get a loan in another country?" does not exist. Each case must be considered separately. First of all, you need to decide on the country where you want to receive money, as well as the goal that you want to achieve. It is easier to get a loan in Europe, especially where there are Sberbank offices. In this case, only service at the Russian office of this credit institution can become a condition, as well as letter of guarantee for an overseas branch. Additionally, you will need to prove your trustworthiness. Do not contact financial institutions of the following countries:

Great Britain;
Switzerland;
Romania;
Bulgaria.

There are the most stringent requirements for borrowers. To receive money, you will have to become a resident of these countries, have a residence permit or a long-term visa.

The main problem is that consumer loans and cash loans are not provided abroad, or their conditions are very strict. This is due to the complexity of international transfers and high risks that the loan to the bank will not be returned. The following options are quite available:

Getting funds to buy a business. In this case, an intermediary is required between the bank and the client - a consulting firm that will take on some of the risks. It is almost impossible to get money without her participation.
Making a loan for a relative or close friend, which is a resident of the selected state.
Mortgage loans at low interest are issued through realtors. They can only be spent on the purchase of real estate in the country in which the loan was issued. The loan term is usually 30 years, the overpayment is from 60 to 75% of the cost of housing. This option is suitable for those who are going to move to a foreign country.
Mortgage lending for housing in Russia is provided less often, not every apartment can be bought in this way. It should be located in a good area, be liquid. When opening an account in a foreign bank, it is necessary to notify the Central Bank. Have property that can act as collateral. The easiest way to overcome all the nuances of this venture is with the help of a consulting agency. In this case, the maximum term will be only 12 years. Applying for this type of loan is in the banks of Spain, Cyprus, Morocco.
Appeal to intermediaries. They will help to properly prepare documents and represent the interests of a citizen of another country. Some firms work online, you do not need to travel to another country.

Banks are very willing to lend legal entities from Russia who dream of opening a branch in another country. Priority direction to receive money is China. They can be invested in the manufacturing sector, the establishment of trade networks.

It is worth remembering that financial institutions will never give funds for you to spend them in Russia. Purchases will have to be made only in the country where the loan was received. The only exceptions are short-term online loans.