● Obtaining a lifelong residency for the investor and their family members – spouse, children, parents, spouse's parents, grandparents, and grandchildren
● Foreign investor will skip the necessity of obtaining a quota for temporary residency and obtaining temporary residency itself, but will instead directly apply and obtain permanent residency
● Obtaining a lifelong residency for the investor and their family members – spouse, children, parents, spouse's parents, grandparents, and grandchildren
● Foreign investor will skip the necessity of obtaining a quota for temporary residency and obtaining temporary residency itself, but will instead directly apply and obtain permanent residency
RESIDENCY PROGRAM OVERVIEW
Under the proposed regime of investment foreign investors will have the following benefits:
Under the proposed regime of investment foreign investors will have the following benefits:
● No requirement to reside in Russia for the investor or family members
● Possibility to reside in any region of Russia and work without work permit
● Eligibility to apply for citizenship after 5 years as a legal resident
● Processing time – 4 months after submission of the application
● No requirement to reside in Russia for the investor or family members
● Possibility to reside in any region of Russia and work without work permit
● Eligibility to apply for citizenship after 5 years as a legal resident
● Processing time – 4 months after submission of the application
As of January 15 2023 Russia has joined the club of countries that offer foreign investors a Residency by investment.
Investment into socially significant projects in the Russian regions
Investment into socially significant projects
Investment of 15 million rubles (~250.000USD) into socially significant projects in the Russian regions
● Investment of 15 million rubles (~250.000USD) into social, cultural objects in the russian regions
● Donation of 5 million rubles (~85.000USD) to a charity fund.
● Donating to a charity fund is the most straightforward option as it doesn’t require making an investment decision but the donated funds are non-refundable
BUSINESS CREATION
The foreign national must create a company in Russia.
● The foreign national should be the sole owner of the company.
● The qualifying requirement is the amount of taxes paid by such company.
● Taxes paid should be not less than 4 million rubles (~65.000USD) annually.
● The foreign investor is eligible to apply for residency after 2 years of company registration
● Foreign investors that already have a business in Russia and their company meets the tax payment requirement can also benefit from the new program.
● The qualifying requirement is the amount of taxes paid by such company.
● Taxes paid should be not less than 4 million rubles (~65.000USD) annually.
● The foreign investor is eligible to apply for residency after 1 year of company registration.
● To keep the residency such company must operate and pay the required amount of taxes for 2 more years after residency is granted
● Foreign investors that already have a business in Russia and their company meets the tax payment requirement can also benefit from the new program
Investment in existing business in Russia
Investment of 30 million rubles (~500.000USD) into a Russian company which is at least 3 years old, and has paid taxes for the last year of not less than 6 million rubles (~100.000USD).
Buying shares on the stock exchange is the simpler option as less due diligence is required, and future resale is easier. The foreign investor would need to seek standard professional investment advice with regards to potential profits from dividends payable by the company and potential profit from future sale of the shares
Buying shares on the stock exchange is the simpler option as less due diligence is required, and future resale is easier. The foreign investor would need to seek standard professional investment advice with regards to potential profits from dividends payable by the company and potential profit from future sale of the shares.
● For this option the foreign investor can invest into publicly traded shares of Russian companies or in private Russian companies.
● The investment must be held for at least 3 years to keep the residency For this option the foreign investor can invest into publicly traded shares of Russian companies or in private Russian companies.
● Investment into a private company requires a more thorough due-diligence process before making an investment and the signing with the seller party of a proper share-purchase agreement including an exit strategy.
● Investment into a private company requires a more by due-diligence process before making an investment and the signing with the seller party of a proper share-purchase agreement including an exit strategy.
(~830.000USD)
(~335.000USD)
(~415.000USD)
50
20
25
mill rub
mill rub
mill rub
INVESTMENT IN REAL ESTATE in russia
Foreign national invests into a currently being build piece of real estate (residential or commercial) or purchases real estate that has been built within last 2 years.
The required amount of investment varies by region and the cadastral value of the real estate should be not less than:
Please also contact our real estate consultant inwhats app
● The foreign national will be eligible to apply for residency after 1 year of such purchase.
● The foreign national will be eligible to apply for residency after 1 year of such purchase. To keep their residency, the foreign national must own such real estate for 2 more years after obtaining residency.
Foreign investors that already have invested and own real estate before January 15th 2023, can also benefit from the new program, provided that they have already owned it for at least 1 year and the price of the real estate meets or exceeds the program requirements.
Foreign investors that already have invested and own real estate before january 15th 2023, can also benefit from the new program, provided that they have already owned it for at least 1 year and the price of the real estate meets or exceeds the program requirement
Moscow
Moscow
Crimea and the Far East region
Crimea and the Far East region
Other Russian regions
Other Russian regions
● Solid institutions and stable government with high domestic approval ratings
● Lower inner city crime rates relative to Western cities
● Availability of world class medical care
● Solid institutions and stable government with high domestic approval ratings
● Lower inner city crime rates relative to Western cities
● Availability of world class medical care
RUSSIA HAS ADVANTAGES
Russia is well placed to draw high-quality investors looking to relocate from any part of the World. Importantly, it is an industrialized country and the sole European power whose economic cycle is synchronized with Asian economic growth, rather than with western economic contraction.
Self-sufficiency in energy and food
World's largest exporter of energy and wheat
Financial stability
Trade surplus and low government debt (ca 14% debt to GDP)
Attractive tax system
Flat income tax of 13%, no inheritance tax, no wealth tax, highly preferential corporate tax frameworks
Resources
A qualified, well educated labor force and cheap, abundant land and natural resources
OTHER IMPORTANT ADVANTAGES OF RUSSIA:
VISTA IMMIGRATION
VISTA Immigration is rated among the best immigration law firms in Russia.
Timur Beslangurov
● Started by its managing partner Timur Beslangurov in 2001 VISTA Immigration provides exceptional services to its Clients for over 20 years.
● Started by its managing partner Timur Beslangurov in 2001 VISTA Immigration provides exceptional services to its Clients for over 20 years.
Partner
● Timur Beslangurov is internationally recognized as the leading expert on the Russian immigration and has been an advisor to the Russian immigration authorities on the residency immigration program.
● Timur Beslangurov is internationally recognized as the leading expert on Russian immigration and has been an advisor to the Russian immigration authorities on the residency immigration program.
● VISTA Immigration offers professional services and full assistance to foreign investors seeking to obtain residency and citizenship in Russia, and together with an exclusive network of reliable partners, assists in finding real estate options, investments on the Russian stock exchange market, as well as offers full support in business creation and tax advice.
Information provided in this article under no circumstances should be treated as investment advice. For investment advice one should seek assistance from professional investment advisors. VISTA Immigration bears no responsibility for investments made by the Client
● VISTA Immigration offers professional services and full assistance to foreign investors seeking to obtain residency and citizenship in Russia, and together with an exclusive network of reliable partners, assists in finding real estate options, investments on the Russian stock exchange market, as well as offers full support in business creation and tax advice.
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