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Regulations for 5year residence to foreign investors approved/ Cabinet appreciates national volleyball team’s victories in VNL 2019

The Council of Ministers convened on Sunday in a session that was chaired by President Rouhani and appreciated national volleyball team players, coach and coaching staff for their consecutive victories in VNL 2019.

The cabinet also went on to approve the regulations for granting fiveyear residence to foreign nationals who invest in Iran.

Based on the regulations, the minimum amount required to be qualified for the residence is 250,000 euros.

Source: Presidency of Islamic Republic of Iran

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