Visa requirements will be relaxed for foreign investors

Interfax News Agency reports that the State Duma has passed the law in the first reading stipulating relaxation of visa requirements for entry to the territory of the Russian Federation of representatives of foreign companies investing in the country’s economy.

 

The document proposes to grant the option of obtaining long-term visas (for up to 5 years) to agents and employees of large foreign companies, making investments at the territory of the Russian Federation.  The law also includes companies participating in implementation of projects for creation of Skolkovo Innovation Center and the international financial center in Russia.