Uzbekistan

Uzbekistan maintains a competitive tax environment with a top personal income tax rate of 12% and a corporate tax rate of 15%. These low rates position the country as an appealing base for entrepreneurs and remote workers. Capital gains are taxed at a relatively low rate of 12%, making Uzbekistan reasonably attractive for investors and those with portfolio income. Uzbekistan taxes residents on their worldwide income, including foreign-sourced earnings. This means income from overseas employment, investments, and business activities is subject to domestic tax rates, though double taxation treaties may provide relief. Uzbekistan does not permit dual citizenship. Individuals acquiring citizenship here may be required to renounce their existing nationality, which has significant implications for tax residency planning and global mobility.