Starting September 1, 2024, Russia has launched a new residency program aimed at attracting foreigners who share the country’s “traditional values.” The program, called the Shared Values Visa (SVV), will allow individuals to apply for residency without needing to pass Russian language history exams.
Russian President Vladimir Putin signed a decree on 19th August 2024 (Monday) approving this Russia’s New Residency Program – Shared Values Visa (SVV).
This move comes as part of Russia’s efforts to strengthen its traditional spiritual and moral values and attract individuals who disagree with what Russia describes as the “destructive neoliberal ideology” in their home countries.
Key Features of the Shared Values Visa Program
- Exemption from the Quota System: Applicants are not subject to the limited number of temporary residence permits available each year.
- No Exams: Foreigners applying through the SVV do not need to pass Russian language, history, or law tests.
- Country Eligibility: The list of eligible countries has yet to be published.
- Focus on Traditional Values: Applicants must demonstrate that they are relocating to Russia due to disagreements with their home country’s policies, particularly those that conflict with Russia’s traditional values.
Who Qualifies for the SVV?
To qualify for the SVV, applicants must express support for Russia’s traditional values, which the decree defines as respect for life, dignity, human rights, family, and spirituality over materialism.
Rumours are floating that this Visa is for the citizens of specific countries, but as mentioned, these are the rumours only. Final list of eligible countries is not yet decided by the Russian authorities.
Easier Path to Russian PR
Our experts on Inova8 Consultants believes that the SVV lowers many barriers to obtaining a temporary residence permit. In 2024, Russia issued only 10,595 temporary residence permits, so the SVV’s exemption from the quota system is seen as a significant change.
Moreover, the removal of the language, history and law tests will make it easier for foreigners to relocate to Russia and make their living in a country which protects their rights and values.
Since the announcement made, we have seen a large number of inquiries about this new Shared Values Visa program. People worldwide are showing keen interest in applying for this Visa but have no idea on “How to apply”.
A final meeting of Russian government officials is scheduled on August 29, 2024, to discuss the Shared Values Visa (SVV) and other residency programs further. More information and clarity to this Visa program is expected after this meeting.
Alternative to the Golden Visa
The SVV is also seen as a potential alternative to Russia’s Golden Visa program. Introduced in 2023, the Golden Visa grants permanent residency to foreigners who invest in real estate, social projects, or businesses in Russia.
Conservative Legislative Actions
The SVV program is the latest in a series of conservative moves by the Russian government. In November 2023, Russia’s Supreme Court banned the “international LGBTQ public movement”. In July 2023, President Putin signed a decree banning gender reassignment surgeries.
Conclusion
This new Shared Values Visa Program reflects Russia’s commitment to attracting like minded individuals who share their traditional values. Keep an eye on upcoming updates to see how the SVV could offer a unique opportunity for those seeking residency in Russia.