New Registration, Transfer and Eligibility Rules
Monday, 15 March 2010 07:23
At the Executive Board in Halkidiki, 2009 new regulations for the registration, transfer of players and eligibility for participation in FIDE events were agreed. These come into effect from July 1st 2010.
Registrations, Transfers and Rules of Eligibility for Participation in FIDE Competitions
1. Registration under a Federation
1.1 A player may only be registered under one Federation at any one time.
1.2 A player who has dual citizenship must be registered under and only represent one Federation.
1.3 A player qualifies to be registered under a Federation:
(a) if he or she is qualified by citizenship or naturalization in the country of that Federation; or
(b) if he or she has resided for a continuous period of two years in a country of which he or she is not a citizen and, after thorough examination and clearance by the FIDE General Secretary, is approved for registration under the new Federation of his or her country of residence. This two- year period of residence shall be reduced to one year if the player has not participated in any FIDE competition (including continental individual and team events) for at least 5 consecutive years prior to the date of registration.
(c) if FIDE has approved his or her transfer.
2. Transfers between the Federations
2.1 A player who wishes to change his Federation and register under a new Federation must apply through the new Federation to FIDE for a transfer. A notification fee of €250 is payable for all transfers.
2.2 Consent and Compensation Fee from New Federation
2.2.1 A player who qualifies to be registered under a new Federation may at any time transfer from one Federation to another Federation with the consent of the new Federation to which he wishes to transfer.
2.2.2 Provided the player does not have a continuous period of residence of two years, such consent shall be accompanied with a payment from the new Federation to the old Federation of a compensation fee (“Compensation Fee”) according to the following scale:
FIDE Title/Rating Amount of Compensation Fee Payable
GM rated 2700 and above € 50,000
GM rated 2600 to 2699 € 30,000
GM rated below 2600 € 10,000
IM rated above 2400 € 6,000
IM rated 2400 or below € 4,000
FM or rated above 2300 € 2,000
Women players rated above 2600 € 50,000
Women players rated above 2500 € 20,000
Women players rated above 2400 € 10,000
Women players rated above 2300 € 5,000
Women players rated above 2200 € 2,000
WFM or rated above 2100 € 1,000
The full regulations can be found here.
I dont have 50,000 eros.