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Visa money money tranfer U.S. Sanctions

Kyrgyzstan’s Keremet Bank Restricts Use of Visa Cards Following U.S. Sanctions

Keremet Bank, a commercial bank in Kyrgyzstan recently subjected to U.S. sanctions, has announced new restrictions on the use of its Visa cards. The announcement was issued through the bank’s press service. As per the official statement, Visa cards issued by Keremet Bank can now only be used at the bank's ATMs, POS terminals, and other payment devices. To provide customers with an alternative, the bank is offering free issuance of cards under the national payment system, Elkart. The process for obtaining an Elkart card will take up to five working days in Bishkek and up to ten days in other regions. The bank reassured its clients that their funds remain secure. Customers can withdraw money at the nearest branch by presenting a valid passport or transferring funds through the mobile application to Elkart cards or settlement accounts. The U.S. Treasury Department imposed sanctions on Keremet Bank, citing alleged ties to Russian authorities and collaboration with Promsvyazbank, a Russian financial institution that has been under U.S. restrictions since 2022.

Russia Migration Visa Azerbaijan visas Aktau Plane Crash

Azerbaijan Tightens Visa Rules for Russians Amid Aktau Crash Fallout

The Azerbaijani government has announced new restrictions on the temporary stay of Russian citizens, effective January 1, 2025. Under the new rules, Russian citizens and stateless persons residing in Russia will be limited to a maximum of 90 days per calendar year without a visa. The announcement comes in the wake of a tragic plane crash involving an Azerbaijan Airlines (AZAL) aircraft near the Kazakh city of Aktau on December 25. The plane, which had taken off from Baku headed to Grozny, Chechnya, crashed, killing 38 people and injuring 29 others. Kazakhstan is currently leading the investigation into the incident. Accusations and Responses Azerbaijan’s President Ilham Aliyev has stated that the plane was struck by Russian ground fire while flying over Russian territory. He accused Russia of attempting to obscure the truth by spreading “absurd theories” about the crash. Russian President Vladimir Putin had issued an apology for the incident one day before Aliyev's remarks, but did not admit responsibility for the alleged ground fire. International Reactions The crash has prompted flight suspensions to Russia by several airlines, citing safety concerns. Turkmenistan: Flights on the Ashgabat-Moscow-Ashgabat route have been canceled from December 30, 2024, to January 31, 2025. The reason for the decision has not been disclosed, but the airline previously operated twice-weekly flights to Moscow. Kazakhstan: Kazakh Air has suspended its Astana-Yekaterinburg route from December 28, 2024, to January 27, 2025, to ensure passenger safety. Israel: Israeli airline El Al has halted flights on the Tel Aviv-Moscow route until next week, citing “events in Russian airspace.” UAE: Flydubai has suspended flights to Sochi and Mineralnye Vody due to technical reasons. Flights to Sochi are expected to resume on January 2, while services to Mineralnye Vody will restart on January 3. In a symbolic gesture, an Uzbekistan Airways plane circled Aktau Airport twice in memory of the Azerbaijan Airlines crash victims. Broader Implications The tragedy and subsequent allegations have heightened tensions in the region and raised concerns about air travel safety in Russian airspace. While investigations are ongoing, the incident underscores the geopolitical sensitivities and potential risks associated with the aviation sector in this area.

Tourism Legislation Visa visas international tourism Digital Nomads

British Citizen Becomes First Holder of Kazakhstan’s New Neo Nomad Visa

Kazakhstan’s Ministry of Tourism and Sports has announced that Sertac Yener, a British citizen, has become the first foreign national to receive the new Neo Nomad Visa. Kazakhstan introduced updated visa regulations on November 18, 2024, to attract business immigrants, skilled professionals, and tourists. Among the new offerings is the Digital Nomad Visa, which provides long-term residence options for IT specialists, and the Neo Nomad Visa, designed for “neo-nomads” with a verified monthly income of at least $3,000. Applicants for the Neo Nomad Visa are required to provide health insurance and a clean criminal record. The first Neo Nomad Visa was issued at Kazakhstan’s embassy in the UAE. Sertac Yener brings 30 years of experience in the energy sector, focusing on project development, financing, and corporate partnerships. In addition to his professional pursuits, Yener has a deep interest in Kazakhstan’s language, culture, natural landscapes, and gastronomy. His daughter completed studies in Kazakh language and Central Asian studies at the University of Chicago. “Kazakhstan is an amazing country!” Yener said. “With the Neo Nomad Visa program, I have the opportunity to stay in this country for up to one year. The visa will allow me to work remotely in my company and get to know Kazakhstan, immersing myself in nature, a friendly atmosphere, cuisine, music, traditions, and language. Thanks to my daughter, I 've been enjoying the melody and richness of the Kazakh language for some time now.”

Bilateral Relations Visa China

Uzbekistan and China Introduce Visa-Free Regime for 30 Days

The heads of the foreign ministries of Uzbekistan and China have signed an agreement which will allow citizens of both countries to travel without visas for up to 30 days. This was announced by Uzbek Foreign Minister Bakhtiyor Saidov. The document was signed December 1 in Chengdu during a business forum. Saidov emphasized that the agreement will be an important step towards strengthening bilateral ties, and developing trade and cultural exchange between the countries. The initiative to simplify the visa regime was discussed last spring during Uzbek President Shavkat Mirziyoyev's state visit to China. Until now, Uzbeks had to obtain a visa to travel to China, while Chinese citizens from March 2021 could visit Uzbekistan without visas for up to 10 days. The date when the visa-free regime will come into effect will be announced later.

tourism industry international tourism Bilateral Cooperation Visa China Tourism

Kazakhstan Sees 50% Surge in Chinese Tourism During Landmark Year of Collaboration

The Year of Kazakhstan Tourism in China concluded on November 27 with a closing ceremony in Almaty, attended by over 300 representatives from the tourism sectors of both countries. The initiative, officially launched in Beijing on March 28–29, aimed to foster greater connectivity between Kazakhstan and China while encouraging mutual cultural and economic exchange. It also facilitated stronger partnerships among tourism industry stakeholders from both nations. Deputy Minister of Tourism and Sports of Kazakhstan, Yerzhan Yerkinbayev, highlighted the year’s success: “This year was marked by a significant expansion of cooperation between Kazakhstan and China in the field of tourism. The tourist flow between our countries demonstrated significant growth, which once again emphasizes that we are united not only by good neighborliness but also by a common desire for mutual understanding and cultural exchange.” According to Kazakhstan’s Border Service, the number of trips by Kazakhs to China increased by 31% in 2024, while visits by Chinese tourists to Kazakhstan rose by 50%. Data from Kazakhstan’s National Bureau of Statistics reveals that 566,500 foreign tourists visited Kazakhstan between January and June 2024. Among these, Chinese tourists were the second-largest group, totaling 69,918. Visitors from Russia topped the list at 186,100, followed by tourists from India (53,695), Turkey (30,312), and the United States (19,597). The Year of Kazakhstan Tourism in China attracted substantial media attention. Chinese media corporations extensively covered Kazakhstan’s tourism potential, achieving an overall media indicator of 1.8 billion views. Posts about Kazakhstan on social media platforms reached 160 million users, significantly boosting the country’s visibility in China. Building on this momentum, the governments of Kazakhstan and China have designated 2025 as the Year of China Tourism in Kazakhstan. Additionally, an agreement on mutual visa-free travel came into effect in November 2023. Under the agreement, citizens of both countries can travel visa-free for up to 30 days per visit, with a maximum of 90 calendar days within a 180-day period. This arrangement applies to tourism, medical treatment, business trips, and transit travel.

Investments Visa Uzbekistan

Uzbekistan introduces 3-year investor visa to attract foreign investment

TASHKENT (TCA) — Uzbekistan has introduced a three-year investor visa for foreigners and stateless people if they invest a minimum of US $183,000 in the country's economy, Xinhua news agency reported with reference to the Uzbek Justice Ministry. Continue reading