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OIETAI report on enactment of Foreign Investment Promotion and Protection Act

Sunday, Apr 29, 2018

The Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) outlined the measures taken by the organization in applying the Foreign Investment Promotion and Protection Act in 1396.

(SHADA: TEHRAN) -- One of the issues related to foreign investment that is carried out by the OIETAI is the provision of services related to obtaining a residence permit, three-year visa, multiple entry visa, and work permit for foreign investors, directors, experts as well as their family members.

According to the report, last year, 163 applications for the issuance and extension of the residence permit and extension of visa were issued by the Iranian Immigration & Passport Police Office, 145 long-term and short-term visas by the Ministry of Foreign Affairs’ Consular Office, and 59 work permits and visas by the Ministry of Cooperatives, Labor and Social Welfare.

In order to facilitate the issuance and extension of the residence permit, as well as the renewal of the visa and the certificate of the clients covered by Article 35, applicants can use the Police Representative (Immigration Police) services based at the OIETAI on Mondays every week.


 
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