The Golden Visa program is designed to bolster Kazakhstan's appeal as a destination for international investors. By providing a pathway to residency, the country seeks to enhance its economic diversification and integrate more deeply into the global economy.

Investment Criteria

To qualify for the Golden Visa, applicants must invest a minimum of US$300,000 in one of the following:

• Charter Capital of Kazakh Companies: Investing directly into the equity of companies registered under Kazakh law.
• Publicly Traded Securities: Purchasing securities listed on the Kazakhstan Stock Exchange (KASE) or the Astana International Financial Centre (AIFC).

This approach emphasizes active economic participation, steering investments toward productive sectors rather than passive assets like real estate.

Residency Duration and Application Process

Successful applicants are granted a residence permit valid for up to 10 years, providing long-term stability and integration opportunities.

Application Process:

• Online Submission: Applications can be submitted electronically via Kazakhstan's e-Gov portal or through Kazakh diplomatic missions abroad.
• Required Documentation: Applicants must provide proof of investment, a valid passport, a police clearance certificate, and other standard documents.

The digital application process ensures efficiency and accessibility for international investors.

Strategic Objectives

Kazakhstan's Golden Visa program aligns with several strategic goals:

• Attracting Foreign Capital: Encouraging investments that contribute to economic growth and diversification.
• Enhancing Investor Confidence: Providing legal guarantees and a predictable environment to build trust among foreign investors.
• Fostering Economic Integration: Strengthening ties with international markets and promoting sustainable economic partnerships.

The program draws inspiration from successful models in Europe, the UAE, and Singapore, adapting best practices to Kazakhstan's unique context.

Regional Implications

Kazakhstan's initiative reflects a broader trend in Central Asia, where countries are actively seeking to attract foreign investment through residency programs. For instance, neighboring Uzbekistan plans to launch its own Golden Visa program, offering five-year residency permits for investments starting at US$200,000.

These developments indicate a competitive regional environment, with nations striving to position themselves as attractive destinations for global investors.

Kazakhstan's Golden Visa program represents a significant step toward integrating the country into the global investment community. By offering long-term residency in exchange for substantial economic contributions, Kazakhstan aims to attract high-net-worth individuals and foster sustainable economic growth.

For investors seeking opportunities in emerging markets with strategic geographic positioning, Kazakhstan presents a compelling option.