The Prime Minister of Kazakhstan

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Unregistered land couldn’t be legalized in Kazakhstan - Ministry of Finance

06 May 2016, 19:31

Unregistered land couldn’t be legalized in Kazakhstan, Deputy Finance Minister Ardak Tengebayev said during a press conference in the CCS.

"Not registered properly shouldn’t be legalized. Immovable property situated on land owned by the right of ownership could be legalized. The law does not provide for it, " he explained.

It is worth to note that as of November 30, 2015, 425 billion tenge was legalized in Kazakhstan. In comparison with indicators on November 30, 2015 an additional 779 billion tenge was legalized, including the property situated on the territory of the Republic of Kazakhstan for 302 billion tenge, on property located outside the Republic of Kazakhstan for 0.7 billion tenge, the money for 477 billion tenge.