This means Russian citizens will no longer have to go through the months-long process of applying for a visa. The parole authority also makes it much easier for them to vacation or do business on Guam.
In response to the news, Gov. Eddie B. Calvo said Guam’s economic agenda is “inching closer and closer to breaking through the island’s economic doldrums.” The next step is China, he said.
“The circulation of tax refunds cash, improving tourism from current markets, infrastructure spending and now new money from Russia will lead to new jobs, at the very least. We’re keeping this economic momentum going. We’ve got the affordable housing initiative running at full steam. We’ll be streamlining the government regulatory processes. We’re working on Series B of the bond so we can release another $100 million in tax refunds. And we’re working daily with the foreign investors we met in China, Japan and the Philippines,” said Calvo.
In anticipation of extra visitors, the Guam Visitors Bureau is gearing up to enter the Russia market with advertising and tours.
