Kazakhstan approved the rules for obtaining an investor visa, giving the right to residence permit of up to 10 years. This was reported by the Ministry of Foreign Affairs of the Republic of Kazakhstan.
Foreigners who invested at least $ 300 thousand in the authorized capital of Kazakhstani companies or local securities will be able to issue a visa. The application is submitted in electronic format.
According to representatives of the Foreign Ministry, the program is aimed at strengthening investment attractiveness and supporting long -term business partnerships. It is similar to the schemes operating in the USA, the EU, the UAE and Singapore.
The Golden Visa will provide legal guarantees and predictability for foreign investors, the department emphasized. The document will enter into force 10 days after the publication.