What do I need to know when buying property in Uzbekistan?
When we asked expats what advice they would give a foreigner before buying a property in Uzbekistan, they said...
"1. It is important to research the local laws and regulations regarding property ownership in Uzbekistan before making any purchase. 2. It is also important to ensure that the property is legally registered and that all necessary documents are in order. 3. It is advisable to hire a local lawyer to assist with the purchase process and to ensure that all legal requirements are met. 4. It is important to be aware of the local customs and culture when buying property in Uzbekistan. 5. It is also important to be aware of the local tax laws and regulations, as well as any restrictions on foreign ownership of property. 6. It is advisable to obtain a survey of the property before making any purchase. 7. It is important to be aware of any potential risks associated with the purchase, such as environmental hazards or political instability. 8. It is also important to be aware of any potential restrictions on the use of the property, such as zoning regulations or restrictions on the type of activities that can be conducted on the property," explained one expat living in Uzbekistan.
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What do I need to know when buying property in Uzbekistan?
If you live in Uzbekistan, newcomers to Uzbekistan would love to hear your answer to this question: