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The founder of Eurochem may lose his right to reside in Switzerland

The founder of Eurochem may lose his right to reside in Switzerland

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Switzerland may grant a permanent residence permit to Russian businessman, founder of Eurochem and SUEK Andrey Melnychenko. This was reported by SonntagsBlick.

According to the media, the Swiss authorities are not satisfied with the fact that Melnychenko is outside the country for a long time, which is why he does not meet the conditions for obtaining a residence permit.

Since 2009, Melnychenko has been living with his family in a house in the ski resort of St. Maurice in the canton of Graubünden. The headquarters of Eurochem, an international fertilizer manufacturer, is located in the canton of Zug.

SonntagsBlick notes that the businessman’s case is being considered by both the Graubünden authorities and the federal migration authorities. Canton, according to mass media, is ready to extend Melnychenko’s status, but federal officials are against it.

According to Forbes magazine, Melnychenko’s fortune exceeds 25 billion dollars. The businessman leads the ranking of the richest Russians.

Melnychenko is under sanctions from the United States, the European Union, Great Britain and Switzerland itself. After the introduction of restrictions, the businessman left the boards of directors of the SUEK coal company and Eurochem.

Melnychenko’s wife and children are EU citizens, SonntagsBlick clarifies. The businessman’s lawyers are ready to appeal the probable denial of the right to residence in court.

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