Freedom Finance Investment Company founder Timur Turlov, who first appeared in the Russian Forbes list in 2022, has become a citizen of Kazakhstan. As he told Forbes.ru, for that he was required to renounce his Russian passport, writes Forbes.ru.

This was reported to Forbes by his representative and confirmed by the businessman himself.

On Thursday, Turlov announced on Instagram that he had received a Kazakh passport.

Turlov's representative informed Forbes that Kazakhstan does not allow multiple citizenship, and therefore the businessman had to give up both his Russian passport and that of Saint Kitts and Nevis.

According to him, the Kazakh naturalization process had started five years ago when Turlov had received a residence permit in Kazakhstan.

Timur Turlov is a tax resident of Kazakhstan where he is living with his family for more than 10 years now.