All children - citizens of Kazakhstan, were born in 2006 and later, will be annually awarded with 50% of investment income gained by National Fund of the Republic of Kazakhstan. At that, income is averaged over eighteen years preceding the reporting year. All children for the reporting year receive the same amount.
You can use received funds for housing or education.

Citizens of the Republic of Kazakhstan who did not reach the age of eighteen are participants of the program. Consequently, in 2024 these are the persons born from 2006 to 2023, except for deceased persons (date of death is before and including 31.12.2023).

Yes, payments from National Fund to UAPF are transferred and kept in USD. Payment of intended savings to account with the Bank is also in USD.
However, when transferring funds for housing or education, money is converted at the exchange rate in effect at the time of transfer.

No, such opportunity is not provided for by the current legislation.

Upon reaching the age of 18, a recipient of intended savings has the right to use accumulated amount only for improving housing conditions and (or) paying for education.

Yes, children who are citizens of the Republic of Kazakhstan and who will reach the age of 18 in 2024 will be awarded with intended requirements for 2023. For them, amount of payments will be USD 100.52.

For more effective accumulation, you can transfer your intended savings to AQYL Education Deposit.
Bank's interest + annual state premium up to 7% of deposit balance will be accrued on your savings.
According to the terms and conditions of AQYL deposit you can also use accumulated funds for education (technical and professional, post-secondary, higher and postgraduate education). Follow the link to read more about terms and conditions of AQYL educational deposit and to open it online via Halyk app

No, payments of intended savings from UAPF will not be subject to PIT.

Those who left Kazakhstan for permanent residence to another country will lose the right to use funds of National Fund.

If a child was born in 2006 or later obtains citizenship of the Republic of Kazakhstan, he/she is entitled to intended savings from National Fund. In this case, money will be accrued from the date of obtaining citizenship, and not from birth date itself.