TEHRAN, Iran, June.8
Trend:
There are currently 40,000 foreign indices in the stock exchange that is an advantage for increasing the volume to 200,000 codes, said the head of the Securities and Exchange Organization.
"Foreign investors have invested in various stock groups, the following 40,000 stock indices are from various countries that mostly invested in mercantile exchange," said Mohammad Dehghan Dehnavi, Trend reports citing ILNA.
"The approved bill for offering residency to foreign investors in the stock exchange includes series of long-term and short-term measures for the country's capital market and economy. Some of these measures have psychological effects and some have financial effects," he added.
"The approval for offering five years residency permit for foreign investors in Iran's stock market was aimed for the future of the capital market. Foreign investors should have $250,000 in form of a bank's saving account to obtain residency. This is an opportunity to create a foreign investment for the country," Dehnavi noted.