Why you should buy into Russia

Foreign investors have been put off investing in Russia by the uncertainty surrounding the political situation in the country. But they shouldn't be, says Sven Lorenz in The Daily Reckoning. The Kremlin is keen to keep foreign investors onside, and there is a whole country of debt-free potential customers out there, just waiting to gain access to credit cards, mortgages and consumer goods...

By any measure, Moscow is far from being the most welcoming place in the world. Just getting into Russia is neither easy nor cheap.

The entry barriers are the same today as during the days of the Soviet Union. Even if you hold a EU passport, you still need to get a visa. To apply, you can opt to queue at the Russian Embassy in London - a task that could take up your entire day. You may still have a Russian bureaucrat slam the door in your face, just when it's your turn.

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