To stimulate development, Kabul is actively offering incentives.
The authorities of Afghanistan have approved a program to grant residency permits to foreign investors willing to invest in the country's economy. The duration of the residency permits under the new scheme may range from one to ten years, reported the news agency UFUQ, citing the office of Vice Prime Minister Abdul Ghani Baradar.
To implement the initiative, the Investment Committee has been tasked with identifying specific categories of investors and the duration of their stay based on the amount of investment made, and then to present a detailed report at the next commission meeting.
This program is seen as part of the Afghan government's efforts to overcome economic difficulties amid international isolation. According to World Bank data, the country's economy showed growth in 2023-2024; however, it is hindered by a sharp reduction in foreign aid, especially from the United States.
To stimulate development, Kabul is actively offering incentives to both local and foreign investors. According to the Afghan Ministry of Industry and Commerce, the support package includes the allocation of land plots for individual and industrial construction, exemption from customs duties on the import of one vehicle and industrial equipment, as well as a complete tax exemption for a period of five years.
Earlier, the Afghan ambassador to Russia reported that the authorities of the two countries are negotiating the mass import of Afghan labor migrants for agricultural work in the Russian Federation. Currently, the quota for workers from this country, established by Russian authorities, does not exceed 80 people per year.
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