Russia has decided to offer attractive facilities to foreigners in return for investment.
According to international media reports, the European Union and the Caribbean countries have also proposed to give golden visas to foreigners for investment.
The proposal has been made by the Ministry of Economic Development of Russia, which believes that such an attractive scheme will stabilize the country’s economy and create new jobs.
According to the Russian media, foreigners will be given five conditions to invest in the country, fulfilling any one of them can become Russian citizens. Remember that the maximum rate of individual income in Russia is fifteen percent, while Small businesses owe only six percent.
According to the Russian media, if the proposal given by the Ministry of Economic Development becomes a reality, foreigners will need to invest at least ten million rubles, i.e. 20931066 two hundred ninety-three hundred and sixty-six Pakistani rupees.
It should be noted that the Golden Visa program has long existed in many other countries such as Portugal, but this type of investment visa program is more common in the Caribbean.
This month, due to the Corona epidemic, Russia decided to introduce a new electronic visa as well as a new e-visa policy, which was also approved by the Russian Prime Minister.
According to the Russian media, this initiative of the government will open the international borders of Russia, as a result of which the tourism of Russia will get a big boost. Citizens of 52 countries, including Turkey and Japan, who hold e-visas, tourists, businessmen and people visiting friends will be able to enter Russia.
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EU sanctions Russia
Russia has decided to offer attractive facilities to foreigners in return for investment. According to international media reports, the European Union and other Western countries have imposed economic sanctions on Russia.
This change is likely to affect the foreign direct investment (FDI) in Russia, possibly resulting in decreased opportunities for investors.
For more detailed information on this subject, you can refer to the provided web search results.
Russian Federation – Foreign Investment Law
Foreign direct investment (FDI) in Russia
Russia Foreign Direct Investment, 1994 – 2024
Current date: 2024-10-11
