Category Archives:common questions

Can a foreign company purchase residential property in Kazakhstan

Although the vast majority of notaries in Kazakhstan believe that a foreign company (i.e. a foreign legal entity, the place of registration of which is not the Republic of Kazakhstan) can not have beneficially owned residential property in Kazakhstan, in fact, it is misleading.
Indeed, current legislation of Kazakhstan prohibits foreigners temporarily staying in the territory of the Republic of Kazakhstan to have beneficially owned residential property (by virtue of Article 9 of the Law of the Republic of Kazakhstan “On Legal Status of Foreigners”). 

How to Choose the Right Lawyer in Kazakhstan

Currently in Kazakhstan both individuals (in other words, citizens) and legal persons (organizations) are provided with a wide range of rights and freedoms. Sometimes, these rights and freedoms are violated in any way. Given that not everyone is legally competent, and such incidents sometimes make you to seek protection or elementary advice from various legal firms, you should know what legal services in Kazakhstan can help to protect yourself, your family, your business from a variety of threats.

Foreigners in Kazakhstan are forbidden to carry on individual business

In Kazakhstan, foreigners are not allowed to carry on individual business, even if they reside in Kazakhstan. The same prohibition applies to stateless persons.

It follows from paragraph 3 of Article 1 of the Law of the Republic of Kazakhstan “On private entrepreneurship”, which sets the concept of the individual entrepreneur, who is a citizen of the Republic of Kazakhstan and oralmans exercising individual entrepreneurship without forming a legal entity corresponding to the appropriate criteria set out in paragraphs 3 and 7 of Article 6 hereof.

Restrictions on purchase of property by foreigners in Kazakhstan

Can a foreigner have a house on the right of ownership in Kazakhstan?

Unfortunately, Kazakh law allows a foreign to have a house on the right of ownership only if that person is a resident of Kazakhstan.

For example, Article 9 of the Law of the Republic of Kazakhstan “On Legal Status of Foreigners” stipulates that foreigners in the Republic of Kazakhstan can have a house on the right of ownership (with the exception of temporarily staying foreigners).