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Import and export of cash foreign currency by individuals have new rules

The resolution of the Cabinet of Ministers of the Republic of Uzbekistan approved new rules for the import and export of cash foreign currency by physical persons through the customs border.

Under new regulations, imported and exported cash foreign currency exceeding the equivalent of $2000 subject to declaration when passing customs procedures.

Meantime, if the cash amount is equal or does not exceed the equivalent of $2000 its declaration is not required.

Individuals are allowed to import foreign currency cash on the territory of the Republic of Uzbekistan in unlimited quantities, in compliance with the rules of customs control.

The export of cash foreign currency by physical persons is allowed in the amount equal or not exceeding the equivalent of $5,000 in compliance with the rules of customs control.

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