Forget the American dream. If you want to make money in a foreign country, the place to go is Russia, which a new survey found to be home to the "wealthiest expats in the world." A third of all expats in Russia — the highest proportion in the world — make more than $250000 per year, with almost half reporting an income of $200000 per year or more, according to a survey commissioned by HSBC Bank International. A new migrant law designed to make life in Russia easier for expat specialists has been put into force. The new regulation exempts highly-skilled workers with a yearly income of more than $66000 from migrant quotas, orders migration agencies to finish all paperwork for such workers within 2 weeks, simplifies immigration procedures for specialists' family members, grants work permits up to 3 years at once, and eases procedures for obtaining citizenship. This comes as part of the state's initiative to attract more foreign talent to the country. "The migration of highly-skilled workers is the priority in the new law on migration. This law is the basis for the future of Russian policy toward migrants as a whole. Russia is increasingly becoming dependent on its migrant workforce, primarily because of the demographic gap. "The changes will first and foremost simplify life of employers. They won't have to deal with quotas," lawyer Evgeny Reizman from Baker & McKenzie, an international law firm, told RT. According to the international network of job hunting websites The ...Related Blogs
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Duration: 00:06:14 Rating: ![]() ![]() ![]() ![]() ![]() View: 27From: ProtectSouthOssetia Keywords: Russia, Attract, Foreign, Specialists, with, Rapid, Permit, immigration, laws, Jobs, Looking, for, work, job, migrant, quotas, Russian, citizenship, highly-skilled, workers, Foreigner, globally-integrated, economy, competitive, commodity, producer, oil, n |
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