Confidence Group reports on the issue concerning the confirmation of the source of income for foreign citizens with the temporary residence permit (TRP) in terms of recognizing of a foreign citizen’s bank deposit as such source of income
In accordance with p. 9 of art. 6 of the Federal Law №. 115-FZ as of 25.07.2002 «On the Legal Status of Foreign Citizens in the Russian Federation», a foreign citizen temporarily residing in Russia within 2 months from the day of expiry of the next year from the date of receipt of the TRP is obliged to submit to the territorial body of the migration federal executive at the place of receipt of the TRP notification on confirmation of the residence in Russia with the attachment of income statement, a copy of the tax return or other document confirming the size and source of income of this foreign citizen for the next year from the date of receipt of a temporary residence permit.
In this regard, there are the following questions:
- Is the bank deposit is an «other» document confirming the size and source of income of a given foreign citizen for the next year from the date of receipt of the TRP?
- Are there any requirements for the opening date of the bank deposit, should the deposit be relevant within all the previous year?
Confidence Group sent a request to the Department of migration issues of MIA regarding this issue.
The answer of the Department of migration issues of MIA of Russia contained an indication that, in accordance with item "l" of p. 6 of the Rules for determining the average monthly income of a foreign citizen or stateless person and the average monthly per capita income of a family member of a foreign citizen or stateless person (approved by the Decree of the Government of Russia as of 9 February 2007 No. 911) - the interest on the bank deposits are taken into account when calculating the average monthly income of a foreign citizen and family members.
Thus, the legitimate source of income is indicated not by the deposit itself, but by the interest on this deposit.
The interest on the deposit may be an «other document» confirming the size and source of income of a foreign citizen when submitting a notification of confirmation of the residence with a temporary residence permit. The bank deposit with interest must be relevant for all the previous year, and the interest on the deposit must remain in motion within all year, and not be withdrawn one week prior to the notification.
The text of the request of Confidence Group is available here.
Please note that these answers are the views of the state bodies and are not the official explanation and a normative act.
For detailed information please, please contact Confidence Group consultants.
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