Tashkent (Agencies): Uzbekistan has launched its “Golden Visa” initiative, a strategic move to attract foreign investors and enhance its investment climate. Under a presidential decree issued on April 18, 2025, the program offers a five-year residence permit to foreign nationals and stateless persons through a simplified process, requiring an investment of $150,000 per family member.
The visa scheme is designed to bolster investor confidence, ensure legal protections, and create a stable international investment environment. Uzbekistan has undergone major economic reforms since 2017, transforming into a regional hub for foreign investment. President Shavkat Mirziyoyev emphasized the country’s commitment to removing barriers and fostering business-friendly conditions at the III Tashkent International Investment Forum held in May 2024.
Over the past seven years, Uzbekistan has attracted over $100 billion in foreign investment, launched 1,800 new product lines, and established a robust public-private partnership framework. The newly introduced “Golden Visa” program follows global trends, mirroring investment-based residency programs in Portugal, Greece, the UAE, the U.S., and Singapore.
The move comes as investment competition intensifies worldwide, with Uzbekistan positioning itself as Central Asia’s most attractive investment destination. Foreign investors have praised the government’s pro-business policies, including banking sector liberalization and privatization initiatives.
With leading figures such as Egyptian investor Naguib Sawiris committing millions to Uzbekistan’s industries, the “Golden Visa” program is expected to further accelerate foreign direct investment, stimulating economic growth, job creation, and technological advancement.