17 October 2019

The procedure for providing an “Investment visa” improves by step

This September, we already announced the introduction of an Investment visa for foreigners investing in the economy of Uzbekistan 200,000 thousand dollars and more.

According to the latest legislative amendments, some aspects of providing and holding these visas are being improved:

1.The territorial internal affairs departments are designated as the responsible authorities for the provision and extension of visas.

2.To obtain and extend an investment visa, the following documents shall be submitted: a) a questionnaire in an established form; b) an application from an enterprise with foreign investment; c) certificate of investments made; d) national passport.

3.Visa holders who have invested more than 3 million US dollars automatically receive a residence permit for a period of 10 years.

Also, foreign investors with an investment visa, as well as members of their families, are entitled to study at higher educational institutions of Uzbekistan on a common basis.