Buying property in Kazakhstan

Can expats buy homes?

Buying property in Kazakhstan

Expats can buy property in Kazakhstan as long as they hold a residence permit. Before the fall of communism in the country, ownership of property was impossible with everything owned by the state.

Buying property in Kazakhstan is a lot simpler with the help of a local estate agent to guide you through the process. They will be able to help you with information on where to buy and advise you on prices.

You will also need a lawyer to assist with the legal process involved, and notarise any documents upon purchase, which will then be sent to the local Land Registry. Once your purchase has been approved, you will receive your title deed.

The typical downpayment on a house in Kazakhstan is between 10 and 20 percent.

House prices in Kazakhstan

At the time of writing, house prices in Kazakh city centres were around KZT 397,000 per square metre (US $1170), and 262,000 per square metre (US $771) outside of the city centres.  

For the newer, more expensive houses in Kazakhstan, expect to be paying a fair amount than the average, up to around KZT 600,000 (US $1,767) per square metre.

Inheritance

Expats are also legally permitted to inherit land and property from family members in Kazakhstan. Note, however, that if the land is used for agricultural purposes there are strict restrictions on ownership.

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