Cairo: Hani Kamal El-Din
Starting June 1st, 2025, Uzbekistan will introduce a new program that allows foreign nationals to obtain permanent residency by making a financial investment of $250,000. This initiative, which aims to attract foreign investments and boost the national economy, is expected to create new opportunities for both investors and the country as a whole.
On June 1, 2025, Uzbekistan will officially launch a program offering permanent residency to foreign nationals in exchange for an investment of $250,000. This measure is part of a decree signed by President Shavkat Mirziyoyev on April 18, 2025, which outlines the procedures and criteria for foreigners to benefit from this new opportunity.
The program will grant foreign nationals a five-year residency permit, with the possibility of renewal after the term ends. In addition, investors will have the option to extend residency to their family members, including spouses, children, and parents, by paying an additional $150,000 for each family member.
This initiative mirrors similar “Golden Visa” programs already in place in countries like Portugal, Spain, and the United Arab Emirates, which offer residency or even citizenship in exchange for financial contributions. These programs are designed to attract wealthy foreigners who are willing to invest substantial sums in the local economy.
For instance, in the UAE, the “Golden Visa” is issued for a period of 10 years for those purchasing property worth at least $545,000. In Spain, foreign investors can obtain residency by investing at least €500,000 in real estate, securities, or a business venture. Additionally, Spain offers a renewable three-year residency period under its Golden Visa program.
Economic Goals:
Uzbekistan’s “Golden Visa” initiative is a strategic effort to stimulate foreign investment and diversify the country’s economic sources. By offering a clear path to residency, the government hopes to draw in significant capital, which will contribute to economic growth and development, while also enhancing the country’s global position as an attractive investment destination.
Expected Benefits:
This program is set to create new economic opportunities by attracting investors from around the world. These individuals will be able to benefit from Uzbekistan’s favorable investment environment, with the added incentive of permanent residency. It is expected that such investments will not only contribute to the national economy but also create jobs and foster business growth within the country.
