Latest / IMI Podcasts / Uzbekistan Introduces New 5-Year Donation-Based Golden Visa
Transcript
- 0:00SPEAKER_00: Uzbekistan has added a new residence permit option for foreign nationals through Presidential Decree PF 67, dated April 18, 2025.
- 0:08SPEAKER_00: The decree states that from June 1st, 2025, foreign citizens and stateless persons will receive a residence permit in Uzbekistan for a period of five years in a simplified manner in exchange for payments in the amount of$250,000 and$150,000 for each family member, spouse, child, and parents.
- 0:29SPEAKER_00: This new pathway adds a third option to Uzbekistan's investment migration framework, joining two existing routes.
- 0:37SPEAKER_00: First, investment visa route, Presidential Decree UP 5611, amended 2019.
- 0:44SPEAKER_00: This route consists of two investment tiers, three-year renewable residence permit, approximately$250,000, 8,500 times BEV, as equity or capital injection into a locally registered company, 10-year renewable residence permit.
- 1:01SPEAKER_00: $3 million investment in enterprises involved in producing goods and services.
- 1:06SPEAKER_00: Family inclusion is spouse, parents, and children included as dependents at no extra cost and nationality restrictions.
- 1:14SPEAKER_00: Second, real estate route, presidential decree, U, P 5611, Appendix 6, as amended by UP101.
- 1:25SPEAKER_00: Investment,$300,000 in Tashkent and the Tashkent region reduced from the previous$400,000.
- 1:33SPEAKER_00: $100,000 in regions such as the Republic of Karakal, Pakistan, and other areas of the country.
- 1:40SPEAKER_00: $200,000 in cities like Samarkand, Bukhara, Namangan, Andajan, Fergana, and Korezim.
- 1:49SPEAKER_00: Its residence period is indefinite VNZH, permanent residence card.
- 1:55SPEAKER_00: Family inclusion is that investors can include dependents at no additional cost.
- 2:00SPEAKER_00: Its nationality restrictions is limited to approximately 85 listed countries.
- 2:05SPEAKER_00: Lastly, new donation route, PF 67, April 18, 2025.
- 2:11SPEAKER_00: Donation amount is$250,000 for the main applicant,$150,000 per family member.
- 2:17SPEAKER_00: Residence period is five-year permit, renewal rules still unknown.
- 2:21SPEAKER_00: Method is a one-off contribution to a state designated account.
- 2:26SPEAKER_00: Nationality restrictions is open to all nationalities.
- 2:29SPEAKER_00: The presidential decree PF 67 includes no repeal or amendment clauses directed at the previous programs.
- 2:36SPEAKER_00: The decree adds to the existing residence options rather than replacing them, meaning the real estate and high-value investment visa tracks remain active.
- 2:45SPEAKER_00: For families, cost considerations vary significantly.
- 2:49SPEAKER_00: While dependent family members require no additional payment under the real estate and investment visa routes, each family member under the new program requires an additional$150,000.
- 3:00SPEAKER_00: This means a family of four would face a total outlay of$700,000 under the new program, potentially making the real estate option more economical for larger families eligible under that pathway.
- 3:13SPEAKER_00: Before the program opens on June 1st, the Cabinet of Ministers and the Ministry of Internal Affairs must issue an implementing resolution specifying several critical details: treasury and bank account number and wiring instructions, final application form requirements and processing timeline, anti-money laundering document requirements, renewal rules after the initial five-year period, and clarification on whether time under this permit counts toward Uzbekistan's five-year residence requirement for naturalization.
- 3:46SPEAKER_00: Until the government publishes this implementing resolution, banks cannot legally accept any payments for the new program.
- 3:55SPEAKER_00: This episode first appeared as an article by Ahmad Abbas on IMIDaily.com.
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