As of July 2019, the Kazakhstan Residency By Investment Program has not yet been launched. According to reports by leading publications in the investment migration space, the program, once launched, will help drive foreign investment into Kazakhstan with a view to position the country as one of the worlds top 30 most developed nations by 2050.
Kazakhstan’s emigration and tax regime shows strong correlations with that of Dubai, which also offers free trade zones. The investment requirement has not been confirmed yet, however it is understood that it will likely be between $100,000 and $200,000. Economic residents would instantly enjoy the rights associated with permanent residency, including access to health insurance services, retirement benefits and social security.
The tax regime in Kazakhstan is expected to be a key draw card of the program: According to the tax regulations associated with the Astana International Financial Center (AIFC), foreign investors with Kazakhstan residency would only be taxed on their local income; not on their worldwide income. Yet with the tax rate in the AIFC being 0%, foreign investors could take up permanent residency, start a business and pay no taxes whatsoever.