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Kazakhstan unveils 'Altyn Visa' to lure investors and skilled professionals

A bold overhaul of migration rules could transform Kazakhstan's workforce. Will the 'Altyn Visa' turn the country into a magnet for global talent and investment?

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The image shows a poster with animated images of people and text that reads "What a Boost in 2014/15: The Number of International Students in the U.S. Increased by 10% to a Record High of 974,926 Students".

Kazakhstan unveils 'Altyn Visa' to lure investors and skilled professionals

Kazakhstan is overhauling its migration policy to attract foreign investors and skilled professionals. A recent roundtable hosted by the Human Resources Development Center focused on recruiting highly qualified specialists. The changes come as part of a broader plan to modernise migration procedures and boost economic growth. The reforms follow a decree from the Head of State aimed at streamlining migration regulation. One key proposal is the introduction of an 'Altyn Visa'—a special visa designed to attract strategic investors and in-demand specialists. Holders of this visa could eventually transition to long-term residency, similar to Kazakhstani citizenship, after fulfilling employment or investment requirements.

The Ministry of Labor has outlined plans to simplify administrative processes. This includes launching a unified digital platform called QazETA and adopting a 'one-stop shop' approach for government services. Foreign nationals would also be categorised into four groups: business migrants, highly skilled professionals, mid-level specialists, and labour immigrants.

Kazakhstan already offers visa-free entry to citizens of 87 countries, with over 16 million foreign visitors recorded last year. The International Organization for Migration (IOM) has backed these initiatives, emphasising their potential to attract global talent. Migration is increasingly seen as a tool for ensuring economic and demographic stability, according to Anna Alshanskaya from the Kazakhstan Institute for Strategic Studies. The new measures aim to make Kazakhstan more attractive to foreign professionals and investors. By digitising procedures and simplifying residency pathways, the government hopes to strengthen the country’s workforce and economic prospects. The 'Altyn Visa' and other reforms are expected to play a key role in this strategy.

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