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Uzbekistan introduces special visa for foreign investors

27 Sep 2019 12:31 PM | Vera Dedyulya (Administrator)

A special visa for foreign investors - the Investment visa - is being introduced in Uzbekistan, a correspondent reports.

This is stipulated by a presidential decree (No UP-5833, dated 19 September 2019), which made an amendment to the list of new additional (non-electronic) types of entry visas for certain groups of foreigners, who visit Uzbekistan.

In line with the approved amendment, the Investment visa will be added to the list of the existing Vatandosh, Student visa, Academic visa, Medical visa and Pilgrim visa.

The investment visa will be issued for foreigners and entities without citizenship, who have invested in the Uzbek economy no less than 8,500 times the basic calculation value [The basic calculation value is equal to 223,000 soms or about 23 dollars]. This visa will be issue for the period of three years.