Migrant Labor Legalization Brings Sverdlovsk Region 900m RUR

1 March 2017 (15:41)

UrBC, Yekaterinburg, March 1, 2017. Over 900m RUR were paid to Sverdlovsk Region’s budget as the shadow market of migrant labor grew legally visible last year. This is 1.2 times more than one year previously, Sverdlovsk Region Government’s website states.

According to the local division of Russia’s Federal Migration Service, 911.5m RUR were directed to their budget funds in 2016 from income tax paid by foreign workers employed here on a patent. 766m RUR were meant for Sverdlovsk Region’s budget and 145.5m RUR were meant for city budgets. Sverdlovsk Region Finance Ministry says the overall consolidated budget payments rose by 1.2 times, or by 176m RUR.

Sverdlovsk Region Finance Minister Galina Kulachenko says the increase in payments has to do with a number a factors: the labor market leaving the shadow economy sector (this applies to migrant workforce in particular), an increase in the amount of time a foreigner can legally stay in Russia, and the introduction of the so-called local coefficient.


Other materials on the topic::