Kazakhstan is set to announce its investor visa programme. Details are not finalised at this stage but the investment limit is expected to be in the region of USD$100,000 to $200,000.
The newly established Astana Financial Center (AIFC) of Kazakhstan is set to be the centre for any investment for HNW investors seeking a residency visa. Astana International Financial Center (AIFC), will be a hub for the region, on the gateway between East and West. Part of the AIFC plan includes the development of a residence by investment program.
The investment requirement will be between US$100,000 and US$200,000 invested in either:
by buying real estate within the borders of the AIFC
The program would grant applicants instant permanent residence in Kazakhstan, with rights such as health insurance, social security, and retirement benefits. At this stage the program appears limited to permanent residency in Kazakhstan. There are no details of any citizenship by investment programme for Kazakhstan.
One of the key attractions to the scheme is its tax benefits. Tax within the AIFC is 0%. AIFC investors would only be taxed on local income, with no worldwide taxation.