From April 1, 2026, Uzbekistan bans cash purchases of real estate and cars

Why are these changes being introduced? A new government resolution is aimed at legalizing income and combating the shadow economy. Switching to cashless payments for major purchases is a standard global practice, and in 2026 it becomes mandatory for Uzbekistan.

This will ensure full transparency of transactions and protect the rights of both buyers and sellers. How will a transaction work now? Opening an account: The buyer must hold funds in a bank account or in an electronic wallet identified by a bank.

Notary agreement: Notaries will certify real estate and car transactions only if there is confirmation of a bank transfer or a payment order. Dealerships and the secondary market: The rule applies not only to new cars from UzAuto Motors or ADM Jizzakh, but also to transactions between individuals on the secondary market.

Impact on Tashkent’s real estate market For the housing market, this will be an important milestone: Price transparency: Understating the real value of apartments in contracts will stop. Investor confidence: Transparent transactions make the market clearer for foreign investors. Possible fees: Buyers should factor in bank fees for transferring large amounts and for the seller’s cash withdrawal in advance.

Expert opinion: should you hurry? If you have savings in cash currency and were planning a purchase, experts recommend completing the transaction before April 1, 2026 to avoid procedures for confirming the origin of funds (compliance), which may become stricter in banks after the ban is introduced.