Best Residence by Investment Lawyers in Nur-Sultan

About Residence by Investment Law in Nur-Sultan, Kazakhstan

Residence by Investment (RBI), also known as “Golden Visa” programs, allow foreign nationals to obtain the right to reside in a country through significant investment. In Nur-Sultan, Kazakhstan’s capital, RBI options provide a legal pathway for investors and their families to obtain temporary or permanent residency in exchange for investment in the national economy-such as business, real estate, or government bonds. Kazakhstan’s strategic location, growing economy, and business-friendly environment make it an attractive destination for investors from around the globe. The process is regulated by national migration laws and overseen by state authorities.

Why You May Need a Lawyer

Legal guidance is crucial for navigating Kazakhstan’s RBI framework as the process may involve complexities and compliance requirements. Common situations where legal advice is needed include:

• Understanding eligibility criteria and investment thresholds.
• Ensuring proper preparation and submission of required documentation.
• Interpreting local laws, taxes, and residency rules relevant to foreign investors.
• Managing risks associated with investment, property acquisition, or business setup.
• Handling rejections, appeals, or compliance issues if situations change.
• Ensuring lawful inclusion of family members in residency applications.
• Protecting assets and privacy under local legal regulations.
• Advising on the path from temporary residency to permanent residency or citizenship if applicable.

Local Laws Overview

Kazakhstan’s residence by investment framework is governed by the Law “On Migration of the Population” and supporting regulations. The key legal considerations for prospective investors in Nur-Sultan include:

• Types of Investment: Permitted investments may include real estate purchases, shares in Kazakhstani companies, new business establishment, or contributions to strategic sector projects. Minimum investment amounts are set by the government and may change periodically.
• Residency Status: Foreign investors may be eligible for temporary residence permits (generally up to three years, renewable) or permanent residence permits after meeting specific criteria. Legal status is typically tied to the continued maintenance of the investment.
• Family Inclusion: Most RBI schemes allow immediate family (spouse, minor children) to be included as dependents, provided certain requirements are met.
• Due Diligence: Applicants must undergo background checks for criminal activity, source of funds, and security risks.
• Taxation: Residency may affect your tax status; legal advice can help clarify tax obligations on worldwide income, property ownership, and business operations.
• Compliance: Strict adherence to migration and currency control laws is necessary, and failure may result in permit revocation or legal penalties.

Frequently Asked Questions

What are the minimum investment requirements for residence by investment in Nur-Sultan, Kazakhstan?

Minimum investment amounts may differ based on the chosen type (e.g., real estate, company shares). As of recent legal frameworks, amounts typically start from approximately US$100,000 but are subject to periodic updates. Consult local experts for current thresholds.

Can I bring my family as part of the investment residence program?

Yes. Immediate family members-including spouse and minor children-can usually be included in the residency application, provided eligibility and documentation requirements are fulfilled.

What is the typical processing time for a residence by investment application?

Processing depends on the complexity of your case and the chosen investment type. Typically, it takes from several months to a year, including time for due diligence checks and investment transaction processing.

Will I automatically receive citizenship through the investment program?

No. Residence by investment provides a legal residence permit, not automatic citizenship. Citizenship can be explored after meeting residency and other legal requirements over an extended period.

Do I need to reside in Kazakhstan full-time to maintain my residency?

Residency permit conditions may require actual residence in Kazakhstan for a certain period each year. Failing to meet minimum stay requirements might jeopardize your status.

Are there any restricted or prohibited sectors for investment?

Yes, some sectors (e.g., strategic resources, national security-related industries) may have restrictions or require special permission. A legal adviser can clarify which investment types are eligible for the RBI program.

How is the source of funds for investment verified?

Authorities require proof of lawful source of funds to prevent money laundering. Detailed bank statements, legal declarations, and supporting evidence are typically needed.

Can my residence by investment permit be revoked?

Yes. Revocation can occur if the investment is withdrawn, laws are broken, or permit conditions are not met. Ongoing legal compliance is essential.

What role does a local lawyer play in the process?

A local lawyer helps prepare documentation, ensures regulatory compliance, represents your interests before authorities, manages property or business transactions, and resolves disputes if necessary.

How do taxes work for investors obtaining residency?

Tax residency is determined separately from legal residency. Depending on your stay and income sources, you may become liable for Kazakhstani taxes. Consulting a lawyer or tax adviser is critical to understanding your obligations.

Additional Resources

For further support and official information, consider consulting the following:

• Kazakhstan Ministry of Internal Affairs (Migration Service Committee)
• Kazakhstan Foreign Investors’ Council
• Public Service Centers (eGov Kazakhstan)
• Nur-Sultan Bar Association for registered legal practitioners
• Local law firms specializing in migration and investment law
• KazInvest (the national investment promotion agency)
• The Embassy or Consulate of Kazakhstan in your home country
• Official translation and notary services within Nur-Sultan

Next Steps

If you are considering residence by investment in Nur-Sultan, Kazakhstan, begin with a thorough assessment of your eligibility and objectives. Gather detailed documentation proving your identity, the legitimate source of your investment funds, and any family relationships you wish to include. Next, consult a qualified local lawyer with expertise in migration and investment laws. They can review your case, explain legal requirements, assist with preparing and submitting your application, facilitate the investment process, and represent you in interactions with authorities.

Having the right legal partner ensures your application is complete, compliant, and best positioned for approval. As regulations can change, ongoing legal support is advised throughout your residency period. If you need assistance, reach out to local bar associations or reputable law firms in Nur-Sultan to schedule a consultation and begin your journey to residency in Kazakhstan with confidence.