Uzbekistan Unveils New 5-Year Donation-Based Golden Visa to Attract Global Investors. Uzbekistan is making significant strides to position itself as a prime destination for foreign investors and global citizens seeking residency opportunities. Effective from June 1, 2025, the country will introduce a 5-Year Donation-Based Golden Visa, offering a streamlined pathway for foreign nationals and stateless individuals to obtain long-term residency through substantial financial contributions.
Introducing the Donation-Based Golden Visa
Under Presidential Decree PF-67, issued on April 18, 2025, Uzbekistan’s new golden visa program allows eligible applicants to secure a five-year residence permit by making a donation of US$250,000 to the state. Additionally, family members including spouses, children, and parents can be included in the application for an extra US$150,000 per person.
Existing Investment Migration Pathways
Prior to this development, Uzbekistan offered two primary investment-based residency options:
- Investment Visa Route (Presidential Decree UP-5611, amended 2019):
- Three-Year Renewable Residence Permit: Requires an investment of approximately US$250,000 as equity or capital injection into a locally registered company.
- Ten-Year Renewable Residence Permit: Necessitates a US$3 million investment in enterprises involved in producing goods and services.
- Vatandosh Card Program:
- Designed to recognize the contributions of overseas Uzbeks, this program offers a five-year card granting visa-free entry, simplified property purchases, and access to public services. Eligibility is based on philanthropic efforts and participation in the country’s socio-economic development.
Benefits of the Golden Visa
The new donation-based golden visa offers several advantages:
- Long-Term Residency: A five-year residence permit with the possibility of renewal.
- Family Inclusion: Opportunity to include immediate family members under the same application.
- No Physical Presence Requirement: Applicants are not mandated to reside in Uzbekistan continuously.
- Access to Services: Cardholders can avail themselves of healthcare, education, and other public services on par with Uzbek citizens.
Uzbekistan’s Economic Reforms and Investment Appeal
Uzbekistan’s introduction of the golden visa is part of a broader strategy to attract foreign investment and stimulate economic growth. In 2024, the country attracted $35 billion in foreign investments and exported goods worth $27 billion. The government has been actively implementing reforms to create a more investor-friendly environment, including public-private partnership laws and the privatization of state-owned banks.
Additionally, the European Bank for Reconstruction and Development has committed over €3 billion to key sectors within the Uzbek economy over the past five years, underscoring the country’s growing appeal to international investors.
Conclusion
Uzbekistan’s new 5-Year Donation-Based Golden Visa represents a significant step in the country’s efforts to attract global investors and enhance its economic landscape. By offering a streamlined and accessible residency option, Uzbekistan is opening its doors to individuals and families seeking new opportunities in a dynamic and reform-oriented environment.
