Application process
In order to apply for PR, investors can purchase residential, commercial or industrial real estate in any region of Russia
The application process will take approximately 4 months and requires the approval of the Ministry of Economic Development and a personal visit to the Ministry of Home Affairs
Identifying a real estate project and the unit that fits client’s needs
Signing the Power of Attorney and appointing the lawyer to act on behalf of the client for the purpose of the real estate purchase
Application for PR is submitted to the Ministry of Home Affairs. Personal visit is required
Ministry of Home Affairs reviews the application and grants PR
Transferring money to the escrow account
Registration of ownership, getting ownership certificate
Signing the purchase agreement with the development company
After 12 months from the date of ownership registration, agent submits the evidence of the completed investment to the Ministry of the economic development and gets the approval letter