[Microsoft Store][Profile][Billing] How Do I Change Country/Residence for Microsoft Account? Editing Your Microsoft Account Profile for Microsoft Store. SOLVED: Change Home Location

Question

Hello,
I am experiencing problems with using my Microsoft Account for billing and purchasing apps in Windows store.
I am using my old WLID that I've created several years ago, and I have obsolete information including my country residence there. Now when I go to
https://billing.microsoft.com, I see that I have 2 profiles:
Personal profile: US
Business profile: Russia.
Now the problem is that I want my personal profile be changed to Russia as well. Having US in the profile makes it impossible to make purchases from Microsoft Store because Store does not allow for changing country when making purchases via PayPal.
Currently I have this information:
I need the Country/Residence information to be changed to Russia. How do I do that?
I am stuck.
How do I change country for my Microsoft Account?
If it's not possible, would I be able to continue using my Microsoft Account with old residence/country information while making purchases through a new Microsoft account where I have specified my current residence?
Or is it the same as with Windows Phone 7:
http://support.microsoft.com/kb/2692008
If yes, do I understand that I have to start all my 'virtual living' from scratch to use Microsoft Store? In other words, do I have to sign-in into Windows 8 with a new Microsoft Account that will have Russia specified as a Country/Region to purchase apps
from Microsoft Store?
If yes, can I use this new account only for purchasing apps while continuing to use my old account or all purchased apps are strictly tied to this new Microsoft Account I will use for purchasing?
Thank you.
Well this is the world we live in And these are the hands we're given...

Answer 1

Hello,
Thanks to
this post @ Microsoft Answers, I was able to make Microsoft Store use correct information of my current country residence.
//The drawback in my case was that I lost the possibility to pay with Paypal, although Paypal supports payments in Russia, and, most importantly, I lost access to US marketplace, all comments/reviews are now in Russian. What a bummer! Honestly, I'd
like to have access to US store... Seems like the only workaround it to switch Home location for the time I purchase an app and change back when the app is purchased.
To change the Country/region data used for Payment and Billing in Microsoft Store,
Press WindowsKey+W to show Start screen and focus on searching in
Settings.
Type 'region' (without quotes) and open Region dialog box when found.
In the Region dialog switch to Location tab and change the country of choice in the
Home location drop-down list.
Click OK to apply changes and make them effective.
Open Store and press WindowsKey+I to show settings charms then choose
Your account.
In the Your account screen click Add payment method to configure your payment settings that will be used for purchasing apps from Windows Store.
Notice Country/region value has changed.
This country will be specified in Country/residence within Payment and Billing in Microsoft Store app.
Well this is the world we live in And these are the hands we're given...