Effective January 1, 2026, the requirement for government approval to invest in U.S. companies will be lifted for Uzbek. On December 16, the Central Bank amended the procedure for certain foreign exchange transactions related to capital flows.
The amendments were mandated by the president November 11 Establishment of the U.S.-Uzbekistan Business and Investment Council decree."
Starting January 1, 2026, Uzbeki nationals and companies will be allowed to invest in U.S. companies without government consent and with no limit on the value, as long as the funds are held in their Uzbek onshore bank accounts.
Residents of Uzbekistan will now be able to:
- transfer funds to the U.S. to start a company or purchase a equity stake in a U.S. company;
- use funds to replenish the working capital of their U.S. branches; do so in any amount, within the limits of their own funds in their accounts.
Thus, investment activity in the U.S. no longer requires a government consent. Previously, permission was required for transactions over $10,000.
However, current restrictions remain in place for investments and capital transactions in other countries. The relaxations apply exclusively to the United States.
