List of jobs for foreign citizens who can be issued a work permit irrespective of the quota
On 22 December 2009 the Ministry of Public Health and Social Development ("MHSD") issued Order No. 1010n approving the list of jobs for foreign citizens who can be issued a work permit irrespective of the quota. The Order was registered with the Ministry of Justice on 29 December 2009. Foreign citizens, save for certain exceptions, may be employed in the Russian Federation provided they have obtained work permits within the annual quota set by the Government. However, according to the Federal Law on Foreigners, the quota does not apply to foreigners who are qualified specialists for the jobs included on a list approved by the MHSD. The Order now approves the list of jobs for 2010. For example, company directors, heads of representative offices, directors of divisions and departments may obtain work permits irrespective of the quota. The Order entered into force on 23 January 2010.
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Russia is seventeenth biggest holder of US securities
Russia is the world’s seventeenth-biggest holder of US securities. As of end June last year the securities in question totalled some 150 billion dollars. This follows from the latest report that the US Department of the Treasury circulated yesterday. Accoridng to the report, Russia was unloading US securities in 2008 and 2009. In 2007 Russia was the thirteenth-biggest holder of US securities in the world, with overall investment standing at 223 billion dollars. According to the latest report, 9.7 trillion dollar worth of US securities were held the world over in the middle of last year, as against 10.3 trillion dollars, a year before. The ITAR-TASS news agency reports that the leading investors are China and Japan. Russia is seventeenth biggest holder of US securities.
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Incorporate in Russia
You can also learn basics about incorporation in Russia here: russiainc.org
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