Russia to offer PERMANENT RESIDENCY to foreigners who buy property

If you’ve always wanted to move to Russia, there may be no better time. With notoriously hard-to-navigate bureaucracy, foreigners have long been put off moving to Russia, and many have gone elsewhere. Now, things are changing.A new proposal from Russia’s Ministry of Economic Development will allow foreigners to obtain a residence permit after purchasing real estate. According to Russian newspaper Izvestia, the bill has been designed to help boost the economy by attracting investors from abroad and could come into force as early as July 2021.

Source: Home, Sweet Home? Russia to offer PERMANENT RESIDENCY to foreigners who buy property — RT Russia News

Interesting…

WtR

About the Author

Russian_Village

A survivor of six heart attacks and a brain tumor, a grumpy bear of a man, whom has declared Russia as his new and wonderful home. His wife is a true Russian Sweet Pea of a girl and she puts up with this bear of a guy and keeps him in line. Thank God for my Sweet Pea and Russia.