Russia's "golden visa" attracts China -India investors?

This newspaper special reporter Liu Yupeng

"'Golden Visa' helps to attract investors from China?" Russia's "News" said on the 24th that Russian President Putin recently signed a law to issue "golden visas" to foreign investors. The law stipulates that it will provide residence permits from foreigners in various areas of Russia (including real estate) (including real estate) (including real estate) (including real estate) (including real estate) (including real estate). This law will officially take effect on January 1 next year. Russian experts believe that the law is very beneficial to many foreigners who want to do business in Russia, including Chinese businessmen.

It is reported that the "golden visa" of citizen residence permits or citizenship through investment has already existed among EU countries such as Greece. But in recent years, the EU has gradually tightened the conditions for issuing this visa. Unlike the European Union, Russia is currently looking for ways to further attract investors. At present, investors in Russia need one and a half years to obtain residence permits, and the new law only takes half a year, and investor relatives can enjoy this treatment. Those who hold "golden visas" can work or open their own companies in any region of Russia. For investors in Crimea and the Far East, the investment of "golden visas" will be less than 30 million rubles.

Deputy Minister of Economic Development, Dmitry Volvage, said that the first year of the new law is expected to attract 300-400 foreign investors. This number will increase by 1.5-2 times in 3 years, " We see investors from Eurasian Economic Unions, CIS, the Middle East and Asian countries are interested in this. As for attracting funds, it is expected that the amount in the first year is about 12 billion rubles, and will then increase to 40 billion rubles. These investment will help the development of the domestic construction industry, agriculture and industry. "

Malkegehman, chief analyst of Teletrade, Russia, said that in eastern Russia, investors from China may be most interested in the plan. Under the current situation, some investors in China and other countries may want to develop business through investment and services in Russia, including the market that occupies Western companies after the evacuation of Russia, mainly in the field of SMEs. In addition, they also hope to participate in some parts of the manufacturing industry.

In addition to Chinese businessmen, the associate professor of the Russian School of Economy and Public Management Mihayer Burda said that India, Iran and some Turkish merchants will also be interested in Russia's "golden visa". In addition, there are some Russians holding European or American passports. For some reason, they have now decided to return to Russia, get "golden visas" and conduct some businesses. ▲

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