Member Login

AIFC organized a ONE-OF-A-KIND EXPAT CENTRE in Kazakhstan

23 Jan 2020 12:00 PM | Alexander Belyasov (Administrator)

Headquartered in the city of Nur-Sultan the AIFC is gradually becoming a financial hub on this untapped and financial service-wise pristine territory between Frankfurt and Tokyo. From year to year, more and more foreign nationals chose Nur-Sultan as their temporary and permanent destination, be it for investment, work, educational, or tourism purposes. 

Today Nur-Sultan is inevitably becoming a nascent cosmopolitan, vibrant community, where people of all races and colours, professions and walks of life come together.

The ever-growing spate of foreign nationals to the Nur-Sultan locality engendered the timely and in no way superfluous decision to establish a one-of-a-kind and unique to the regions of West and Central Asia, the Caucasus, EAEU, the Middle East, West China and Mongolia – the one and only Expat Centre.

The AIFC Expat Centre is a specialised multifunctional institution, designated to foster the expedite integration of the foreign nationals into Kazakhstan society on a one-stop-shop basis.  It provides foreign nationals with access to an ample variety of government and socially oriented soft-landing services in English.

The AIFC Expat Centre has all the primary need one might have, covered in a single place.  Here the foreign national may access more than 500 government services with no hassle and delinquencies.  All inquiries pertaining to Kazakh visa and registration issues can be settled in the AIFC Expat Centre in no time by courtesy of the government support and presence of all state decision-making officials on site. Along with all these services, the Centre provides the foreign nationals with the access to vehicle registration and obtaining the national driver’s license, as well as tax and revenue related service on site. If it so happens that the foreign national is struggling with becoming an investor in Kazakhstan, the full-fledge support and assistance by the the Investor Service Centre are available at the Centre. This all came possible due to the systemic support of the National and local governments.

Moreover, should a foreign national require an assistance in finding an accommodation, an educational facility for toddlers (English language based schools, daycares and nursery centres), or a hospital, the AIFC Expat Centre will gather up all the necessary information and make all the arrangements on the client’s behalf in the shortest time frames possible. 

Toachieve the AIFC goals and create a comfortable environment for investors, a unique preferential visa regime was introduced. Therefore, no work permit is required to attract foreign employees for the AIFC Participants. The AIFC foreign employees and their family members, may obtain working and dependent visas for a period of up to 5 years. In applying for visa and migration services, the simplified procedures are provided for the AIFC Participants.

AIFC is currently working on another great solution for investors, which is the residency by investment program. The program suggests that an investor has an opportunity of receiving an investor visa valid for up to 5 years in exchange for the investments in securities and investment funds listed on AIX and companies created in accordance with AIFC law.

In addition to the abovementioned, the investor has an opportunity of receiving tax residence status in Kazakhstan if he spends not less than 90 days in Kazakhstan and delivers the payment to the state budget. The investors that participate in AIFC residency by investment program and become Kazakhstan tax residents will be exempt from the payment of IIT on foreign income.

It is expected that the residency by investment program will be valid by the third quarter of 2020.