Regulatory Alerts2019-01-17 | ПФ-5635Added · Updated
State Program on Implementing the Strategy of Actions on Five Priority Development Directions of the Republic of Uzbekistan for 2017-2021 in the Year of Active Investments and Social Development
The President of Uzbekistan approved a state program with a total project value of 16.9 trillion UZS and 8.1 billion USD to implement the 2017-2021 development strategy. The decree establishes an investment visa valid for three years, grants ten-year residence permits to foreign citizens investing over 3 million USD, and creates a Uzbek-UAE investment company with a 10 million USD charter capital. It mandates the restructuring of government bodies, the establishment of an Expert Council, and the introduction of simplified medical and educational access for foreign investors and their families.
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