Iran to give 5-year residency to foreign investors
The Iranian government has approved a by-law that grants five-year residency to foreign investors in line with the strategy to encourage foreign investment.
The Iranian government has approved a by-law that grants five-year residency to foreign investors in line with the strategy to encourage foreign investment.
The by-law was proposed by the Ministry of Economic Affairs and Finance (MEFA) to give incentives to foreign investors and secure forex revenues for national economy. It was passed by the cabinet, presided by Iranian President Hassan Rouhani.
Each investor will get five-year Iranian residency if they invest 250,000 $ or equivalent in other currencies, accepted by the Ministry of Economic Affairs and Finance, according to the by-law.
https://en.irna.ir/news/83375852