Kazakhstan introduces "Golden Visas": Residence permits for investments from $300,000

Kazakhstan has taken an important step in attracting foreign capital by approving an investor visa program similar to global practices. According to the new rules developed by the Ministry of Foreign Affairs of Kazakhstan, foreigners who have invested $300,000 or more in the country's economy will be able to obtain a long-term residence permit.

Program conditions

• Minimum investment: 300,000 USD in the authorized capital of Kazakhstani companies or securities of local issuers.
• Term of residence permit: up to 10 years with the possibility of extension.
• Simplified procedure: electronic application without the need for permanent residence in the country.

Advantages for investors

• Access to EAEU markets - residence permit in Kazakhstan opens up opportunities for doing business in the countries of the Customs Union.
• Preferential tax regime - program participants will be able to take advantage of special economic conditions.
• Visa-free regime - holders of “Golden Visas” will be entitled to visa-free travel to a number of CIS countries.

The new initiative is aimed at diversifying the economy and attracting foreign direct investment in non-resource sectors. Experts estimate that the program could bring up to $1 billion to the budget in the next 5 years.

“This step will strengthen Kazakhstan's competitive position in the international arena and create additional incentives for business”, - noted in the Ministry of Foreign Affairs of Kazakhstan.