Efforts by the government of Kazakhstan to encourage investment by both local and international real estate investors in Kazakhstan real estate is causing a boost in the real estate market in the country.
Kazakhstan is in the republics of central Asia and is surrounded by Russia to the north, China to the east, Uzbekistan and Kyrgyzstan to the south, and the Caspian Sea to the west. It has a coastline of 1894 km along the Caspian Sea. Kazakhstan is four times Texas in terms of land area, which includes most of the land steppe plateaus and rolling plains.
Kazakhstan is open to international real estate investors that foreigners are free to buy property in the country, whether corporations or individuals. They can buy residential and commercial real estate, and land. The only exception is agricultural land.
The real estate market Kazakhstan is more open to foreign investors and local investors than it has ever been. International property investors are increasingly interested in real estate in Kazakhstan and the number of companies with foreign capital are also increasing in the country in recent years.
The government wants to attract as many international property investors as possible to improve the infrastructure in the country. Laws have been made to simplify the investment process, especially for foreign investors. The country hopes to become a major center or tourism and foreign investment.
Kazakhstan is composed of different types of housing, apartment blocks in the city to elite class homes and business. Almata, Kazakhstan’s largest city, is considered the most prestigious property with the best and most expensive.
The outskirts of the city mentioned, especially for those who wish to purchase separate houses in the country. The side of the country is experiencing the development of cottage neighborhoods with beautiful architectural drawings, which can be very interesting.
Another great city of Kazakhstan is Karaganda which is located at a distance of several hours from the capital. The houses and apartments are available here much cheaper than Alamata, but this is a large industrial city with great cultural and scientific perspectives.