Вопросы и Ответы

First of all to buy an apartment in Uzbekistan, one has to be a resident of Uzbekistan. That is, as a foreign citizen neither you nor your sister-in-law can register for an apartment in Uzbekistan.

Procedure of procurement of a residential real estate differs with respect to primary and secondary market.

In order to purchase an apartment (non-commercial) in Tashkent, seller does the most part with documentation. This requires the seller to prove no debt for utilities. Paperwork takes a week to complete. Once all required documents are ready, the buyer and the seller go to “BTI”, for the purchase transaction to transpire.

Suffice it to say, there is minimum burden on the buyer in this certain case.

Money transfer in Uzbekistan can be accomplished by Western Union and other similar bank services.

The amount of transfer is not limited. Yet, it should be noted that transferred amount exceeding $500 has a likelyhood to be tracked.

There is no tax burden either on buyer or seller, as long as it is non-commercial transaction.

Mr. Leonard,

1. To buy an apartment, your sister-in-law should have a Tashkent registration (Tashkent residence status in her passport or “Propiska”). Getting the “Propiska” is not only time consuming) One has to take a deep breath before embarking on getting it)
2. For you to pay for an apartment, your sister-in-law should open a foreign currency accound (USD account) within a local bank, where you can transfer the funds. Money transfer through Western Union or other similar services is not the safest method, and is not advisable.

As for an agency, I have emailed you their contacts. Should you have any further inquiries, you are welcome to do so here)

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