Kyrgyzstan attracts foreign investment in the country and offers investment visa to foreign investors who invest atleast US$140,000 (or 10 million SOM) in various economic development projects in the country.
Investment visa for foreigners
The Investment visa (“I” type) is issued to investors or the head of foreign investment company and members of his family (spouse, minor children and parents who are in dependence) who is performing investment activities in the Kyrgyz Republic.
Minimum Investment
To qualify for investor visa amount a minimum investment of of USD 140,000 or 10 (ten) million som for up to 3 (three) years invested in the sectors:
- Production;
- Industry;
- Agricultural industry;
- Banking;
- Power systems;
- Education;
- Medicine;
- Construction purposes;
- Information and communication technologies.
The investment visa grants to the foreign investor the residency rights to freely enter, leave and reside in the country.
The investment visa (“I“ type) – is issued to foreign citizens on the basis of application to The State Agency for Investment and Export Promotion under the Ministry of Economy of the Kyrgyz Republic.
Why Kyrgyzstan?
Kyrgyzstan is a landlocked country with mountainous terrain bordered by Kazakhstan to the north, Uzbekistan to the west and southwest, Tajikistan to the southwest and China to the east. The country has about 6 million population. Agriculture is the main economy, and Kyrgyzstan is rich in mineral resources with substantial deposits of coal, gold, uranium, antimony, and other valuable metals. Metallurgy is an important industry. In 2014, Kyrgyzstan’s exports including gold were a total of $1.88 billion. The GDP of 2016 is 6.5 billion USD.
The State Agency for Investment and Export Promotion under the Ministry of Economy of the Kyrgyz Republic is the authorized body for attracting foreign direct investments into the country’s economy, as well as providing support to potential and existing investors.
Family visas
Also according to a new order, for convenience of investors the category of the family visa has been implemented.
The family visa – “F” is issued to members of the family of the applicant (spouse, minor children and parents who are in dependence) staying in the territory of the Kyrgyz Republic with visas of category investment – “I”, “labor – “W1” and “W2”, educational – “S” for up to 1 year with a possibility of annual prolongation and without the right of implementation of a labor activity.
Read more: http://www.invest.gov.kg/en/information-for-investors/investment-visa/
