Foreign Investment Attracted Through Introduction of Investor Visa in Kazakhstan
Kickstart Your Kazakhstan Adventure with a "Golden Ticket"
Stirring things up in the Central Asian region, Kazakhstan just rolled out a fresh plan to lure foreign bigwigs and beef up its investment allure. The announcement was made on April 30, courtesy of the Foreign Ministry's press service.
Get ready to snap up some epic photo ops, because that's exactly what the new investor visa regulations have in store for you!
Keen on investing a cool $300,000 in Kazakh businesses or local securities? You're in luck! Once you've hit that investment threshold, breezy electronic application procedures will whisk you away to a world of long-term business partnerships and residency possibilities.
With this so-called "Golden Ticket," you'll snag a residence permit that could last you as long as ten years - unparalleled stability, right up your alley!
The scheme is inspired by golden visa programs ubiquitous in countries such as Europe, the US, UAE, and Singapore, with Kazakhstan joining the trendy investment residency club.
The program aims to create a welcoming, predictable environment for foreign investors by offering robust legal protections and fostering trust in Kazakhstan's investment landscape. Picture spending your days invested in ventures without a single worry about the law of the land.
So, what's the catch? Just ten days after the official publication, the golden ticket will go live, open for business.
From attracting riches and cutting-edge technology to stoking business activities, this program mirrors strategies in other countries and will undeniably supercharge Kazakhstan's economy, thanks to increased foreign investment and international cooperation.
[1] Source: GoKz.gov.kz[2] Source: Azernews.az[3] Source: Kazakhstan2050 Strategy[5] Source: Astana.gov.kz (Date of the officially announced effective date may vary)
Investors from around the world can take advantage of the electronic application process for the new investor visa, which allows them to invest $300,000 in Kazakh businesses or local securities and secure a residence permit that could last for up to ten years. This "Golden Ticket" program, reminiscent of golden visa programs in countries such as Europe, the US, UAE, and Singapore, aims to create a favorable environment for foreign investors by offering robust legal protections, fostering trust in Kazakhstan's investment landscape, and supercharging the economy with increased foreign investment and international cooperation. The program is set to launch just ten days after its official publication.
