Support The Moscow Times!

Government Eases Visa Rules For Major Investors

The government has allowed the Economic Development Ministry to obtain visas for the employees of big foreign companies that invest in the Russian economy from the country's diplomatic missions and consulates abroad, a news report said Monday.

The rules also apply to firms involved in the implementation of the Skolkovo project and the creation of an international financial center in Moscow.

The government made appropriate amendments to the ministry's internal regulations last Wednesday, Interfax reported.

The issue was discussed at a Cabinet meeting on March 28.

According to the meeting's materials, foreign investors recommended by the Economic Development Ministry will be able to receive Russian visas for up to five years.

The new regulation is expected to promote foreign investment in Russia, the report said.

Related articles:

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more