Investors in Kyrgyzstan may be granted visas for 30 years and tax holidays

Наталья Маркова Economy
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The possibility of providing long-term visas for foreign investors for a period of 20 to 30 years is being discussed in Kyrgyzstan. These visas will be available to those who are ready to invest between 300,000 and 400,000 dollars into the country's economy. The Deputy Head of the National Investment Agency under the President of the Kyrgyz Republic, Zhalyn Zheenaliev, announced this in a broadcast on "Birinchi Radio."

According to Zheenaliev, this initiative aims to improve Kyrgyzstan's competitiveness in attracting foreign investments. In a context where the total volume of foreign direct investments worldwide is about 1.2 trillion dollars, the republic seeks to create the most attractive conditions for foreign investors.

He also noted that the state offers not only land plots but also a wide range of benefits. In particular, investors can expect exemptions from customs duties on raw materials and equipment, as well as exemptions from three types of taxes for up to five years for large, national, and strategic projects, with the possibility of extending this period for another five years.
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