The main requirement is to create 50 new employment at a commercial entity. In practice, the Ministry of Family, Labor and Social Services that will issue the conformity certificate requires the proof of such investment (new formation or capital investment to an existing commercial entity) and proof of new employment (minimum six months of continuous employee payroll records following the investment). The application process may take four to six months. Therefore, the minimum investment could be roughly estimated to be $300,000, based on approximately $500 per employee per month for 50 employees for a year, or more for the purposes.
