Investing in Belarus and an introduction to it

Spread the love

Investing in Belarus, the conditions for obtaining a residence permit in Belarus by investment and the different ways to immigrate to Belarus by investing in this article will be analyzed scientifically and accurately. We discuss the most important points about investing in Belarus in this article. It is worth noting that investing in this country is one of the ways to emigrate. It is important to know the economic situation and the legal and judicial system of the country to know the investment conditions in this country, and after examining them, we can ask whether Belarus is a good destination for investment or not? We also try to answer frequently asked questions about investing in Belarus, including: What are the advantages of investing in Belarus? Is it possible to obtain residency and citizenship in this way? It is recommended to read this article for comprehensive information on investing and residing in Belarus.

Investment in Belarus and general conditions

Belarus declared its independence after the collapse of the Soviet Union in 1991. It has a population of over 9 million and is bordered by Russia, Poland, Lithuania, Latvia, and Ukraine. Belarus has an unemployment rate of 3% and a gross domestic product Domestic: $1,150.277 billion, ranking 58th. The economy of Belarus is relatively stable, and a large part of its economy depends on its ally Russia. Investing in Belarus is one of the ways to obtain residency in this country. After the separation from the Soviet Union, Belarus provided many opportunities for foreign investors aimed at economic recovery.

Investing in Belarus and investment criteria

Making an appropriate decision about investing in Belarus requires knowledge of the most important economic indicators in this country. One of the important things to pay attention to is the country’s security in terms of property confiscation, the legal system and the way the judiciary deals with foreign investors. We studied the issue of property expropriation in Belarus for foreign investors from 2014 to 2017;

According to statistics, from 2014 to 2016 Belarus scored 6 for the risk of property confiscation index, and in 2017 it slightly decreased to 5. On this basis, the probability of property confiscation is high in Belarus.

Expropriation risk or the risk of property confiscation is an indicator that indicates the possibility of expropriation of the foreign investor by the host country and the possibility of breaching contracts and agreements by this country. This indicator also includes measuring the performance of the judiciary and the rate of change in behavior with foreign investors. The lower the number, the lower the risk, and the higher the number, the higher the risk.

Investing in Belarus and influencing economic indicators

Addressing the country’s economic prospects plays an important role in commercial and investment activities in this country. In fact, there are important factors that greatly affect businesses and industries, including: unemployment rate, GDP and income tax percentage; In the following, we will examine these factors during recent years in Belarus.

Unemployment rate in Belarus:

The unemployment rate in each country is one of the important and influential indicators that have a great importance in choosing a country for investment and immigration, and in this graph, you can see the statistics of the unemployment rate during the years 2003 to 2018.

GDP growth in Belarus:

Another indicator that plays a big role in choosing the path of immigration and investment in any country is the GDP of the destination country. Belarus has registered a number of 115,027 billion dollars, ranking 58th in the world. In this graph, the changes in this indicator can be seen during the period between 2010 and 2017.

Investing in Belarus by registering a company:

Investing in Belarus by registering a company is one of the ways in which an investor can obtain a residence permit and launch a business. Belarus appears to be a good option for investment due to the relatively excellent living conditions along with a favorable environment for business and trade compared to other CIS member countries; Any foreign investor can start his own business by registering a company with an initial capital of $150,000 and apply for permanent residence by demonstrating appropriate financial turnover. To do this, a person first gets a 3-month visa to start his own business. After submitting sufficient documents, and if the company achieves profits, the investor can apply for permanent residence after 7 years. The types of companies in Belarus are as follows:

Limited Liability Company (LLC) Registration
Joint stock company – joint stock company or open joint stock company (JSC-CJSC-OJSC))

Investing in Belarus by buying real estate:

Investing in Belarus by buying real estate is another way to obtain a residence permit. It should be noted that the real estate market in Belarus is accessible to foreign investors, and the conditions for real estate and its circulation are excellent. According to a 2014 study of 187 countries, Belarus ranked third in terms of living standards, which is why the real estate market has attracted the attention of most foreign investors. Regarding the approximate price range of real estate, it can be said that the amount in Minsk, the capital of Belarus, ranges from 1,500 to 2,500 dollars per square meter, depending on the region in which the property is located. The question that imposes itself who is allowed to buy real estate in Belarus? In response to this question, it can be said that all foreign citizens or legal entities are allowed to own property and have the right to sell it in Belarus. The enshrined rights are guaranteed by the Constitution and Civil Code of the Republic of Belarus. The law not only allows property owners to own land, but also to use it for commercial purposes. Obtaining permanent residence in Belarus by buying real estate requires owning a property with a value of more than 150,000 euros, which leads to obtaining a residence permit for 7 years.

Investing in Belarus and obtaining residency and citizenship:

An analysis of investment in Belarus and methods of obtaining a residence permit in this country. According to the research that has been done, it can be said that permanent residence can be obtained by registering a company and buying real estate under certain conditions; Where the value of the property must be more than 150,000 euros, and for obtaining a residence permit through company registration, a financial turnover of more than 150,000 euros per year is required. This method also leads to the residence of the spouse and children under the age of 18 years. As for children of 18 years of age, it is possible to obtain residency by means of company registration if the investor presents him as a partner. Year after year, if the person is in the country for 90 days out of 365 days in a year the residence will be renewed; The residency also turns into permanent residency after 7 years.

Investing in Belarus and its pros:

Investors usually search for the appropriate market to invest in each country to expand their business and increase their profitability, so they choose a country for investment based on some features and criteria. Belarus has set up several incentive programs to attract foreign investors. The country also enjoys a special strategic location in terms of geographical location, which allows the investor to access the markets of other countries. The benefits of investing in Belarus are as follows:

In terms of geographical location, Belarus is located in a special strategic position which has made it a suitable point for investment.

Easy access to the markets of some countries such as Russia, Kazakhstan and Armenia

Belarus has provided safe conditions for investors in terms of the legal and judicial system

Belarus has made great developments in the field of infrastructure, such as military technology, communications and transportation

The Belarusian government supports foreign investors by providing guarantees and benefits

Enjoy a favorable tax system

Allow commercial activity for investors in 6 free economic zones

Having a skilled workforce

Investing in Belarus and the negatives:

Of course, investing in any country has its pros and cons that the investor must take into consideration; Let’s take a look at the negatives of investing in this country:

Belarus’ dependence on Russia:

economically, financially and vitally
Severe vulnerability to oil prices and its derivatives
Weak government management
The high level of corruption in the administrative system
High probability of property confiscation
Small number of manpower

About Owner

Check Also

How to improve communication skills within the cordial reception business

Spread the love How to improve communication skills within the cordial reception businessWhile the cordial …

Leave a Reply

Your email address will not be published.