Russia’s Economic Development Ministry has proposed a ‘golden visa’-style program for issuing residence permits to foreigners in exchange for investment in the economy, similar to existing schemes in the EU and the Caribbean. If the proposal becomes a reality, foreigners will need to invest at least 10 million rubles ($130,000) in the country. The ministry believes that implementing such a scheme will strengthen the Russian economy and create new jobs. For foreigners, a major appeal of residency would be the relatively low taxes. The individual income rate in Russia will be a maximum of just 15 percent. For small businesses, only six p
Hence then, the article about russia to offer golden visas to foreigners looking to take advantage of low tax rates who invest at least 130k in the country was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Russia to offer ‘golden visas’ to foreigners looking to take advantage of low tax rates who invest at least $130k in the country )