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The vice chairman of international affairs of SEO declared the details of the project of giving 5-year residence to the foreign investors that intend to purchase stocks, bonds or units of investment funds in the Capital Market.

Tehran, May. 05 (SENA) – Bahador Bijani mentioning the instruction letter of giving the foreign investors and depositors a 5-year residence license and its regulatory documentations, stated: Although this ratification was completely legal and the board of ministers also ratified it, but there was no clear statement about the Capital Market and purchasing stocks which the head of SEEO announced this subject in a news session with government’s spokesman for the first time.

He added: There were sessions with the officials of the ministry of interior, organization for investment, economic and technical assistance of Iran, Securities and Exchange Organization, Central Bank and other related institutions and finally resulted in the project of giving 5-year residence to the foreign depositors and investors.

Bijani expressed: Based on this, ones who invest at least 250 thousand Dollars or its equivalent in the Capital Market, will receive residency with their wife/husband, boys under 18 and unmarried girls and parents (5 people at most).

The vice chairman of international affairs of SEO continued: In case of having more than 5 people in your list, you should have 50 thousand Dollars or its equivalent as deposit or investment per person.

Bijani, declared the investment method that the applicants can referring to the instruction letter of giving 5-year residence to foreign depositors and investors, proceed via the organization for investment, economic and technical assistance of Iran and receive their residence license.

The vice chairman of international affairs of SEO lastly remarked: As being internationalized for the Capital Market is one of the most vital subjects on the agenda of SEO, and foreign investors are of importance to this organization, this ratification would definitely be extended.

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