Uzbekistan
37,543,200 people
Population
Uzbek
Language
Currency
Uzbekistani Som (UZS)
Territory size
448,971 sq.km.
Main cities
Tashkent, Quarshi
GDP
130,32 billion USD total, ~ 3,468 USD per capita
Housing
Uzbekistan’s real estate market remains dynamic, with growing demand in both Tashkent and regional centers. Rental prices have increased significantly, with Tashkent seeing a 17% rise compared to 2022. Expat-friendly and popular districts in Tashkent include Mirabad, Yakkasaray, and Yunusabad, while a popular area in Qarshi is Islam Karimov Street.
Average monthly rates in Tashkent
Studio
$650–$700
$1,200–$2,500
$2,500–$4,000
$3,700–$7,000
Two-bedroom
apartment
One-bedroom
apartment
$800–$1,000
Three-bedroom apartmen
House
Average monthly rates in Qarshi
Studio
$300–$400
$600–$1,000
$1,300–$2,000
$1,500–$2,200
Two-bedroom
apartment
One-bedroom
apartment
$400–$700
Three-bedroom apartmen
House
Key Trends:
  • In August 2024, the average rental price in Tashkent remained stable at $8.3 per square meter.
  • New apartment supply decreased compared to last year, tightening the rental market.
  • Secondary housing prices in Bukhara, Kashkadarya, Tashkent, and Khorezm rose by 18.7% due to higher demand and limited supply.
  • Despite a decline in real estate transactions, the rental market remains robust.
  • The overall rental market in Tashkent stabilized, with average prices holding steady in recent months.
  • Uzbekistan remains an attractive market due to its expanding economy and foreign investments.
Challenges:
  • High demand but low supply of comfort and comfort+ apartment options in the market.
  • Significant increase in taxes and utilities.
  • Limited number of 3–4-bedroom apartments.
  • Ongoing reconstruction work in many residential complexes.
  • Limited number of underground parking spaces.
  • Utility fees, especially for gas and electricity, significantly increased since October 2024.
Immigration
Uzbekistan offers a 60-day visa-free stay for citizens of Russia, Kyrgyzstan, Kazakhstan, Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine. Travelers from 56 countries can enter visa-free for 30 days for tourism, business, or private purposes. while an e-visa is available for 77 countries. Others must apply for a consular visa.

For long-term stays, a long-term visa is required, typically based on employment under a local labor contract. However, citizens of countries eligible for a 60-day visa-free stay under bilateral agreements are exempt from obtaining a work visa. All foreign workers must secure a work permit, issued digitally through a state migration web portal based on a request from their local employer.

In 2024, Uzbekistan introduced a law defining criteria for designating foreigners as "undesirable." Individuals on this list will be barred from entering Uzbekistan, opening bank accounts, purchasing real estate, participating in privatization, or engaging in financial and contractual activities (except for disposing of their property). The designation lasts 5 years, with the possibility of extension. Those already in Uzbekistan must leave within 10 days of notification, or they will face deportation and visa annulment.
Moving
Transportation: Uzbekistan uses road transport for household goods, with major ports such as Poti (Georgia) and Riga (Latvia) facilitating shipments. Tashkent International Airport (TAS) is the primary air freight hub for the country.

Customs Duties: Customs duties typically range between 4-8 €/kg based on the gross weight of the goods. Diplomatic shipments are exempt from customs duties.

Customs clearance usually takes 3-5 days.
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relo@intermarkrelocation.com