Dear Clients and Partners,
What is currently happening in Kazakhstan’s real estate market, and what should companies expect when relocating employees to the country?
These questions are addressed by Andrey Lukash, Director of Intermark Relocation Central Asia, in the latest analytical review by Antal Kazakhstan, “Relocating to Central Asia: A Personal Perspective for Expats and Employers.”
Key observations
1 Demand for expat-suitable housing is growing faster than supply.
2 High-quality rental apartments are often taken within just a few days of being listed.
3 Property owners are revising rental rates amid inflation and rising utility costs.
4 Almaty’s office real estate market has nearly reached zero vacancy.
What else is covered? The review also explores Central Asia’s growing role as a destination for international business, the practical realities of expatriate relocation, and the key factors influencing employee adaptation in a new country. Additional regional outlooks and trends are discussed by Andrey Lukash in our latest video.
If you are considering Kazakhstan for employee relocation or launching new projects, our team can support every stage of the process, from immigration procedures and documentation to housing search and employee settling-in.