Kazakhstan introduces Golden Visa for investorsKazakhstan is introducing a new visa for foreigners who invest at least $300,000 (US dollars) into the authorized capital of Kazakh companies or into local securities, the press service of the republic’s Ministry of Foreign Affairs (MFA) announced on Wednesday.The golden visa allows holders to subsequently obtain a residence permit in Kazakhstan for up to 10 years, the press service said."Such visa programs, which are widely used internationally (including in Europe, the USA, UAE, and Singapore), have proven to be an effective tool for attracting capital, technology, and business activity. Kazakhstan is adopting this approach by offering its own model of investment residency," the statement reads.The MFA emphasized that issuing golden visas creates a "favorable and predictable environment for foreign investors, ensuring legal guarantees and strengthening confidence in Kazakhstan’s investment climate."The new rules for obtaining the investor visa will take effect 10 days after their official publication. (ICE ALMATY)

Fonte notizia: INTERFAX