Buying an apartment to obtain a residence permit in Russia. Selection of suitable new buildings.
Selection of suitable new buildings.
Not so long ago, legislative initiatives aimed at improving the investment climate in our country, primarily in the field of real estate, were launched in Russia. If earlier a foreign citizen could not obtain a residence permit when buying an apartment, in January next year such an opportunity will appear. In this article we will talk about innovations in legislation and share a selection of modern residential complexes with apartments, the purchase of which will help a foreigner to become a little closer to Russia.
January 14, 2023, a new law comes into force, which, among other things, gives foreigners the right to obtain a residence permit when buying real estate. It doesn't matter if we are talking about commercial real estate or residential. In addition, you will no longer have to receive quotas for temporary residence, because you will be able to immediately send an application for a residence permit.
Currently the details of how this law will be applied are being determined by the Government which will soon publish an Order listing all the requirements that has to be met in order to be eligible for residence after buying real estate.
Though currently draft Government Order is available which states the following requirements for the "investment" that has to be made:
• purchase of real estate worth in total amount 50,000,000 rubles in Moscow; • purchase only on the basis of purchase agreement (mortgage will not suffice); • in a new building that has already been commissioned; • ownership of real estate for 1 year before the date of application for a residence permit and 2 years after obtaining a residence permit; • absence of encumbrances and restrictive rights of the real estate object at the time of filing the application.
If all the conditions are met, you will be able to request certificates in the "EGRN" (Unified register of properties) and only then submit the documents to the migration department. Thanks to the real estate you bought, your relatives will also be able to apply for a residence permit:
• spouse; • children; • parents; • parents of the spouse; • grandparents; • grandchildren.
Where foreigner can buy an apartment to obtain a residence permit?
The Moscow primary real estate market is a rich fair of club houses, skyscrapers, large–scale residential complexes and restored mansions. Hundreds of houses at different stages of construction and with different legal backgrounds. Not every project is suitable for obtaining a residence permit. So that you do not get lost in this diversity – we have compiled for you a selection of 5 new buildings, the purchase of an apartment in which will give you the right to obtain a residence permit.
Family complex "Eleven" on Presnya
The Eleven residential complex consists of two textured towers up to 17 floors high with premium class apartments located in Presnensky district, on Zvenigorodskoye highway. It is convenient for those whose life is connected with the Business Center, because the City towers are just around the corner – just 8 minutes by car and the Red Square can be reached in 20 minutes. Nearby there is also a metro station "Ulitsa 1905 goda", which you can reach in 11 minutes.
All apartments in the project come with a fine finish from the Italian designer Roberto Santoro in two versions: light and dark. You save time on repairs, because an oak engineering board was already laid on the floor for you, bathrooms with premium plumbing were finished with large-format granite. A cozy landscape of 3,000 square meters with flower beds, promenades and an amphitheater was laid out in the courtyard. A fitness club with a 25-meter swimming pool and a spa complex with thermal rooms were opened in the house. While you are busy with business, your child will find something to do in the nursery. Always go down to a local restaurant, buy a baguette at the bakery or meet a partner in the cigar room.
"The Prime Park" project consists of 9 skyscrapers up to 41 floors heigh with premium class apartments located in the Khoroshevsky district, on Leningradsky prospekt. Directly opposite is the oldest Petrovsky Park with lush alleys, behind the towers is the largest shopping center in Europe – Aviapark and right next door is a sports town with clubs for every taste. More details about the Prime Park towers in our room tour of the finished apartment. Follow the link to get inspired by this project and its details.
A pool of apartments without finishing was allocated in the residential complex so that neighboring lots could be combined into one residence. But most of the options are sold in the "whitebox", where all surfaces have already been leveled, interior doors, sockets, switches have been installed and communications have been built. There are also some apartments with designer repairs from the authors of the project, the British architectural bureau DYER.
Towers with a park and a shopping gallery in the Khoroshevsky district New Russian:
On the territory of "Prime Park", landscaped gardens and alleys have been arranged, smoothly flowing into each other. As many as 4 hectares of green areas with dry fountains, summer verandas, art objects, flower beds and playgrounds. In the shopping gallery, you can have dinner in a cafe, take things to the dry cleaners, go to the pharmacy or to the furniture showroom. Soon they promise to open a fitness club, a beauty salon and a kindergarten.
Chamber club house in Khamovniki
"The Pirogovskaya 14 project" is a 9–storey club house with deluxe class apartments located in Khamovniki, on Pirogovskaya street. Locals buy fresh products at the Usachevsky market, where you can also have dinner at a premium restaurant. The oldest Moscow parks "Novodevichy Ponds" and "Trubetskoy Estate in Khamovniki" are within a 5-minute walk. You can always walk to the embankment of the Moskva River to walk along the shore. The famous Luzhniki Olympic Complex is 10 minutes away by car. The Kremlin can be reached in 25 minutes by car.
You will not have to waste time on the purchase of finishing materials and repairs, because all apartments come with designer finishes from the London bureau Hesse Macken Studio. The interiors are equipped with plumbing and household appliances from Duravit. The rooms have parquet flooring, dark wood doors. And in the kitchen there is Italian furniture and a countertop made of Greek marble.
A premium fitness club with round-the-clock operation and personal trainers was opened for residents. The lobby has a concierge 24/7, and there is also a lounge area with a fireplace, where it is pleasant to hold meetings or relax by a live fire. In the courtyard, an open-air living room was created, similar to a decorative garden with designer furniture, where people go down for breakfast and just to chat with their neighbors
Now let's move to the Business Center, where there are still options for buying on the primary market. We are talking about TOKYO Towers, a complex of 2 towers up to 85 floors heigh with business class apartments. The project was developed in the arch-buro Skidmore, Owings and Merill, which are known worldwide for their Arab high-rise "Burj Khalifa". In the nearby Afimall shopping center there is a wide selection of fashion boutiques, restaurants, beauty salons and shops. Right on the territory there are 3 metro stations, 1 MCC (Moscow Central Circle) rail station and a platform with trains to Sheremetyevo airport.
Apartments in the Moscow City Tower
All apartments are sold with a fine finish: engineering board made of Canadian oak on the floor, white marble in the bathrooms, Kupersboosh appliances and RIFRA plumbing. Thanks to ceilings from 2.9 meters and panoramic windows – you will always have a lot of sun and air at home. The main bonus is the magnificent urban landscapes at any time of the year. All the beauty of Moscow is before your eyes – the Moscow State University tower, Stalin's skyscrapers, the embankments of the Moskva River and the Luzhniki Stadium.
The first floors of the towers are occupied by a shopping gallery. You just need to take the high-speed elevator from Otis to work in a coworking, have a workout in a fitness club or relax in a spa complex. And on the 85th floor, the highest restaurant in Europe Ruski is open with panoramic glazing around the perimeter.
'The Titul" on Serebryanicheskaya - is a complex of 8 charismatic mansions up to 9 floors in height with apartments and deluxe-class apartments located in the Tagansky district, on the Serebryanicheskaya Embankment. Along the banks of the Yauza River, it is a 10-minute walk to Moscow's main Zaryadye Park and then the Red Square, GUM, Spasskaya Tower and St. Basil's Cathedral will open in front of you and all this luxury is located within walking distance.
A complex of mansions on the embankment of the Moskva River
All lots go without finishing, so that you can design the interiors to your taste or buy out several apartments to combine them horizontally or vertically into one large residence. There are options with a terrace, duplex lofts and spacious penthouses. The ceilings in the rooms are from 3.3 meters. All windows are panoramic. You will be able to admire the river scenery and boats passing by.
A cozy courtyard-park with a children's playground, promenades, young trees and shrubs was laid out on the inner territory, where residents like to go for a walk or just relax on a bench surrounded by flowers. There is a concierge working around the clock in the lobby, who will pick up your dry cleaning or book a table in the restaurant. On the ground floor there is a lounge area with a fireplace, which is ideal for friendly meetings with a glass of whiskey.
If you are going to buy an apartment in Moscow to obtain a residence permit, thencontact Whitewillexperts for help
● request REQUIRED DOCUMENTS FOR IMMIGRATION TO RUSSIA