Russian President Dmitry Medvedev has signed into law amendments creating a more attractive working environment for highly-qualified foreign specialists, the Kremlin said on Thursday.
The new law lowers taxes for foreign specialists and simplifies the complex process of obtaining work permits.
The law also regulates employment rules for workers from countries with which Russia has a visa-free travel regime.
Russians will be allowed to employ foreigners "for private, household and other needs that are not connected with entrepreneurial business." Such foreigners will need to have a special license to work in Russia for which they will have to pay a monthly advance payment of 1,000 rubles ($33).
The amendments were approved by the Russian parliament's lower house, the State Duma, on May 12 and approved by the upper house, the Federation Council, on May 13.
MOSCOW, May 20 (RIA Novosti)
