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Useful information about money, business, investments, and life. Brief, to the point, and inspiring.
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Bon voyage! Where Kazakhstanis Can Travel Visa-Free

No matter your preferred vacation style — beach, adventure, sightseeing, or shopping — you can find a destination where Kazakh citizens do not need a visa in 2025. There are many such places: Kazakhstanis can travel visa-free to 43 countries, and in 47 more, a visa can be easily obtained upon arrival at the airport.

Let’s explore the list of popular countries you can visit without a visa as a Kazakh citizen.

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How to Travel the World Smart: 11 Budget-Friendly Travel Hacks

The internet is full of anonymous quotes like “Travel is the only thing you buy that makes you richer” or “If travel were free, you’d never see me again.” They reflect one unpleasant truth: traveling costs money — often a lot. But it’s entirely possible to see the world for much less than what tour operators typically offer.

How do you travel on a budget without sacrificing comfort and experience?

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A World You Can Change: How to Start Running

Is running good for you? How do you start morning runs from scratch? What should you keep in mind?

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From TikTok to Instagram: How to Promote Your Business Online in Kazakhstan

From TikTok to Instagram: How to Promote Your Business Online in Kazakhstan TikTok, Facebook, Instagram, and Telegram are often seen as platforms for chatting and viewing media. However, they are powerful tools for online business promotion: social networks gather a solvent audience and rely on advertising algorithms that help grow your brand, expand your customer base, and increase sales.

Where should you advertise your business online? How can you do it effectively?

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Cash Collection Services: What They Are and Why Your Business Needs Them

Businesses that handle cash frequently need to deposit funds into a bank. However, transporting large sums of money can be risky. Cash collection services ensure secure transportation and help maintain the safety of your financial assets.

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Escrow Account: What It Is and Why You Need One

When entering into transactions that carry financial risks (such as buying an apartment under a shared construction scheme), an escrow account is often used. It is designed to protect the interests of both parties during unforeseen circumstances, secure the funds, and reduce the chances of misconduct. Escrow accounts can be opened by individuals, legal entities, and individual entrepreneurs.

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How to Use a Credit Card with Maximum Benefit: 5 Tips

Credit cards often spark debate, but one thing is clear — they let you purchase essential items even when you don’t have the funds on hand.

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Acquiring: What It Is, How It Works, and What Benefits It Offers

According to the National Bank of Kazakhstan, over 1.2 billion transactions were made using bank cards in September 2024 alone, totaling more than 16.8 trillion tenge.
However, for a business to accept such payments, it must connect to a banking service known as acquiring.

Currency overview
USD/KZT exchange rate Overview

Increased currency sale volumes support Tenge from excessive weakening 

The third quarter kicked off for tenge with some exchange rate stabilization after a noticeable weakening in June. As a result, the average KZT exchange rate weakened by 6.07% by the end of July amid the decline in the National Fund operations in terms of currency sale volume. According to the results of July, foreign currency sales from the National Fund to ensure transfers to the republican budget amounted to $506 mln and about $984 mln as part of selling the currency to purchase Kazatomprom shares. In August, according to the forecasts of the Government, the National Fund will sell currency at similar levels of 500-600 mln. These transactions, in our opinion, support the exchange rate from excessive weakening. As we noted earlier, the level of KZT 480 per US dollar is an attractive level for market participants to sell the U.S. currency.  

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Overdraft, Credit Lines, and Account Credit Limits in Kazakhstan: What They Are and How They Differ

Both individuals and entrepreneurs may face situations where they lack sufficient personal funds for specific needs — for example, purchasing home appliances or raw materials for production. In such cases, the optimal solution is to apply for a bank loan. However, alongside standard loan products, banks in Kazakhstan also offer tools such as an overdraft, a credit line, and an account credit limit.

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POS Terminal: What It Is and How It Work

According to data from 2024, the share of cashless payments using bank cards in Kazakhstan increased to 89%, and the volume of such transactions exceeded 962.7 trillion tenge.

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How to Issue an Invoice Online in Kazakhstan: A Step-by-Step Guide for Legal Entities

To enable a buyer to pay for goods and services in the Republic of Kazakhstan, it is necessary to create an invoice, which is more conveniently and quickly done online. This document is one of the primary ones in transactions between counterparties. How accurately it is filled out determines the successful transfer of funds to the seller or service provider's account.

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Digital Tenge in Kazakhstan: What It Is and Why Kazakhs Need It

Digital currency is a logical extension of Kazakhstan’s active digitization of its economy. As a result, in 2021, the National Bank of Kazakhstan launched a pilot project called “Digital Tenge,” developed with the participation of market representatives, experts, and international partners.

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Online Accounting: Almost Unlimited Opportunities for Your Business

Convenient, functional, reliable, and cost-effective — it’s hard to overestimate the benefits of online accounting for entrepreneurs. Services integrate easily with bank accounts, allowing you to perform any operation.

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Typography "Art-Depo Studio": Uniting Business and Art

Our protagonist has proven through her experience that childhood dreams of creativity can be realized and turned into a stable business.

Bank CenterCredit continues its series of interviews with Kazakhstani entrepreneurs, and the latest video features Albina Abuzarova, co-founder of the typography studio «Art-Depo Studio».

The idea to start their own business came when Albina Abuzarova and her colleagues were working as employees at the same firm.

At that time, the existing "Bridge" gallery offered them to move into its additional space—a long, narrow, unheated balcony. This is where the work of the typography studio began—preparing exhibitions, creating catalogs, and closely collaborating with artists.

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Dreams Know No Obstacles: The Story of Maria Lipinskaya, Founder of “AsiaEliteFoodGroup”

This series of interviews with Kazakhstani entrepreneurs continues with the story of Maria Lipinskaya, the founder of "AsiaEliteFoodGroup." Today, the company produces more than 50 types of dairy products, including sour cream, cream, and cottage cheese, and its workforce has long exceeded 50 employees.

However, 20 years ago, the thought of a massive production facility was not even a dream. Maria worked at a successful company, and a chance event led her to contemplate starting her own business. The owner of the enterprise where Maria worked decided to change the business's profile. These changes motivated Maria to take a bold step – she left her job and opened her own company specializing in the sale of raw materials and ingredients for dairy production. The company quickly gained a solid reputation in the market, actively developed, and expanded its list of partners. One of these partners suggested to Maria the idea of starting a joint venture.

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Payment by Phone Instead of Card: Principles of Operation and Advantages of Contactless Payment

Today in Kazakhstan, to pay for goods and services with a card, you don’t even need to take out your wallet – the transaction can be completed using your phone. This is contactless payment, which is facilitated by apps like Apple Pay, Samsung Pay, Google Pay, or Garmin Pay.

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Investing in Gold: Where to Buy Precious Metals and How to Invest for Profit

One of the key tips for investors is to use a variety of tools to increase their savings. Therefore, in addition to acquiring securities, investments in precious metals, including gold, are also in demand. According to experts, precious metals, including gold, can make up to 15% of an investment portfolio.

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To Ensure a Smooth Journey: How to Check for a Travel Ban from Kazakhstan

Travel requires thorough preparation, including ensuring all documents are collected. Equally important is verifying if there is a travel ban from Kazakhstan. If you find out at the border that you are prohibited from leaving, your vacation will be ruined, and your plans will have to change on the fly. It is better to find out in advance so you can resolve the situation before your departure and enjoy your vacation.

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On Vacation! Where to Go for a Summer 2024 Holiday from Kazakhstan and What to See

Summer is a time to live life to the fullest. Kazakhstani travel agencies offer countless opportunities for you to make the most of this season. With various destinations to choose from, there is certainly a perfect holiday spot waiting for you, whether you’re looking to recharge or live out a dream. So where should you consider for a July or August getaway from Kazakhstan?

bcc journal
Trade Turnover between Kazakhstan and Turkey: Features and Nuances

For decades, the main trading partners of Kazakhstan remained Russia, China, and Uzbekistan. However, since 2010, another promising direction has been developing – trade with Turkey. By 2024, it is considered the most prioritized in the field of investment and trade-economic relations.

Currency overview
USD/KZT Exchange Rate Overview

Background for Appreciation

Since the end of October 2023, tenge affected by increased volumes of USD sales from the National Fund began its appreciation until mid-May. During this period of time, the national currency strengthened by 8.3%, while oil fell by -4.4%, which prevents it from being an exogenous explanatory factor in forecasting the USD/KZT exchange rate.

In general, such external factors as oil, the Russian ruble and the US Dollar Index (DXY) have weak correlations with values ranging from 0.45 to 0.52 during the period from 2018 to 2023. At the same time, if we take the period from the beginning of 2023, the ratio slightly decreases, especially with the ruble and the US Dollar Index.

bcc journal
Cryptocurrency in Kazakhstan: What Is Permitted and What Is Not

Despite the widespread digitalization that positions Kazakhstan as a leader in this area, not only among CIS countries but also globally, the official status of cryptocurrency in the country’s economy remains in a "gray" zone. On the one hand, regulators strive to stay abreast of modern economic trends; on the other hand, authorities act cautiously, wary of the decentralized nature of blockchain and the consequent risks of the shadow economy. Additionally, tax authorities have yet to develop transparent and comprehensible mechanisms for taxing all crypto market participants.

bcc journal
Trade of Kazakhstan within the EAEU: Features and Nuances

The Republic of Kazakhstan has been a member of the Eurasian Economic Union (EAEU) since the day the EAEU was established. Other member countries of the Union are considered priority areas for trade relations. Economic integration is facilitated by the EAEU agreement, which ensures the free movement of goods, labor, and services across the Union’s territory, and a unified policy in various sectors of the economy. To coordinate the movement of goods through customs, the EAEU Customs Union was established. A zero VAT rate is applied when member countries export goods within the Union.

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