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Kazakhstan to Introduce "Golden Visa" for International Experts and Investors

06 May. 15:58

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The government of Kazakhstan has announced the development of a strategic "Golden Visa" system designed to facilitate the residency and employment of high-level foreign professionals and investors. According to Aida Balayeva, the Minister of Culture and Information, this initiative aims to bolster the national economy by attracting global talent. The new program focuses on creating a seamless environment for those whose expertise is vital to the country's industrial and technological advancement.

A key component of this new system is the complete digitalization of the application process through a "single window" principle. This approach is intended to significantly accelerate the processing of documents and reduce administrative hurdles for applicants. Furthermore, the authorities plan to simplify the recognition of foreign academic degrees and professional certifications for individuals working in critical sectors, ensuring that global standards are integrated into the local workforce more efficiently.

The "Golden Visa" is specifically tailored for investors and experts in fields such as information technology, engineering, manufacturing, and medicine. By providing more stable and long-term residency options, Kazakhstan hopes to secure a steady influx of capital and modern technical skills. This program targets those capable of contributing to large-scale infrastructure projects and high-tech industries, positioning the country as a competitive hub for international business.

Currently, Kazakhstan hosts over 240,000 foreign nationals with permanent residency permits, with approximately 40% of this population being citizens of the Russian Federation. The most popular destinations for foreign residents are the metropolitan hubs of Almaty and Astana. Additionally, regions with strong industrial bases, including Karaganda, Kostanay, and Pavlodar, continue to attract a significant number of foreign specialists due to the concentration of production facilities and economic opportunities.

















Two-Time Lottery Winner Donates Prize Money to Children in Need

23 Aug. 15:28

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North Carolina resident Christian Breton has secured a major lottery payout for the second time. According to Lottery Post, he has decided to donate a portion of his winnings to support school-aged children from low-income families in his local community.

After purchasing a $30 "$100,000 Cash Payday" scratch-off ticket, Breton claimed the $100,000 top prize, taking home $72,000 after taxes. This marks his second major win, following a $2 million prize in August 2024. Breton shared that while his previous winnings went toward helping his mother, his goal this time is to give back to the community by supporting families in need.