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Foreign investors to be granted Russian citizenship with simplified procedures

October 02, 2014, 9:40 UTC+3 MOSCOW MOSCOW October, 2. /TASS
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MOSCOW, October 2. /TASS/. Russian Prime Minister Dmitry Medvedev has signed regulations to grant Russia citizenship to foreign entrepreneurs and investors with simplified procedures, the cabinet website said on Thursday.

The formalities are simplified with the aim to attract foreign investments to the Russian economy, the document said.

It gives a list of activities, to which the preferences are not applied. Among them are trade, auto repair, catering, realtor’s work and advertising.

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