In pursuance of these provisions of the law, on January 4, 2023, Order of the Government of the Russia dated December 31, 2022 No. 2573 "On approval of the criteria that a foreign citizen who has invested in Russia must meet in order to issue a residence permit in Russia without obtaining a temporary residence permit" was published.
These criteria are:
- investments in socially significant projects of the constituent entities of Russia in the amount of at least 15 million rubles for 3 years before the application is submitted
- registration of a legal entity in the form of a business partnership, a limited liability company, a joint-stock company with a single founder, a peasant (farm) economy or an economic partnership in Russia, and the implementation of entrepreneurial activities by this person in Russia for 2 years immediately preceding the calendar year, in which a foreign citizen applied for a residence permit. At the same time, a foreign citizen at the time of filing an application must be its sole founder, and a legal entity must annually pay taxes and insurance contributions to state non-budgetary funds in the amount of at least 4 million rubles.
- investments in the amount of at least 30 million rubles in a Russian legal entity that has been carrying out entrepreneurial activities in Russia for at least 3 years in the form of a business partnership, limited liability company, joint-stock company, peasant (farmer) economy or business partnership, which in the calendar year preceding the submission of the application, contributed at least 6 million rubles of taxes and insurance contributions to state non-budgetary funds in Russia.
- acquisition on the territory of Russia on the right of ownership (common share ownership) of real estate objects of any purpose at the construction stage or within 2 years after their commissioning, subject to the condition of their continuous possession for one year prior to the date of applying for a residence permit in Russia.
At the same time, the total cadastral value of objects owned by a foreign citizen must be at least 50 million rubles on the territory of Moscow, at least 20 million rubles on the territories of the subjects of the Far Eastern Federal District, at least 25 million rubles on the territories of other subjects of Russia, and there should be no restrictions on rights and encumbrances on these objects during the specified period of their ownership by a foreign citizen (including mortgage pledge).
The family members of a foreign investor are his spouse (wife), children (including adopted children), spouses of children, parents (including adoptive parents), spouses of parents, grandparents, grandchildren.
When applying for a residence permit, a foreign investor provides:
- an application for issuing a residence permit in two counterparts (according to the form of Annex 1 to the Administrative Regulations on issuing a residence permit in Russia)
- identity document of the applicant
- a document confirming that a foreign citizen is classified as a foreign investor (in the case of an application for a residence permit by a foreign investor or a family member of a foreign investor)
- documents confirming the degree of kinship (documents confirming the fact of registration of birth, marriage or divorce, change of name (in the case of registration of acts of civil status by the competent authority of a foreign state), issued by the competent authority of a foreign state, - in the case of an application for a residence permit residence by family members of a foreign investor
- a document confirming the fact of marriage (in the case of registration of a civil status act by the competent authority of a foreign state), issued by the competent authority of a foreign state, - in the case of an application for a residence permit by the spouse of a foreign investor
- a document issued by the competent authority of the state of permanent residence no earlier than 3 months on the date of application, confirming the absence of a criminal record or, if any, containing information about the crime for which the applicant was convicted (not represented by foreign citizens under 14 years of age, visa-free foreign citizens, foreign citizens residing in Russia on the basis of a temporary residence permit, if such a document was provided earlier when applying for a temporary residence permit)
- documents (one of the documents) confirming the ability of a foreign citizen to support himself and his family members in Russia within the subsistence level without resorting to state assistance (with the exception of foreign citizens recognized as disabled) - a list of such documents is given in clause 26.10 of the Administrative Regulations for issuing a residence permit in Russia
- four personal photographs sized 35 x 45 mm in black and white or color (for stateless persons - two photographs) that meet the requirements set out in clause 26.4 of the Administrative Regulations for issuing a residence permit.
For more information, please contact the consultants of the Confidence Group company.
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