Can a russian citizen open an account in the UAE?

Yes, a Russian citizen can open an account in the UAE. Before applying to a bank to open an account, it is necessary to obtain a residence visa (residency permit) in the Emirates. This can be done through employment, starting a company, obtaining a freelancer license, or purchasing real estate. A personal account can be opened in many banks within a few days if the applicant has a residence visa, but the exact timeframe depends on the type of residency visa and the client’s history.