Baku, Azerbaijan, January 26
Trend:
Uzbekistan is planning to adopt a document in the coming months that will allow in a simplified procedure to lease housing to foreigners for 120 days a year, Trend reports via Podrobno.uz.
In particular, this document will give the right to owners of residential premises that registered in a special unified electronic system and the right to conclude short-term rental agreements for residential premises for up to 30 days in electronic form without notarization and registration with tax authorities.
At the same time, people providing residential premises in the short-term lease for up to 30 days but not more than 120 days a year will be able to provide accommodation services without registering as a business entity. In fact, this will create legal conditions for the use by Uzbeks of large international online platforms for accommodation, search and short-term rental of private housing.
"In the initial version of the draft document on housing rental a period of 60 days per year was specified. We chose such term as we had studied international experience before developing our document, especially in Europe there is now a process of reducing these deadlines to 30 days,” said Aziz Fayozov the acting head of the State Committee on Tourism Methodology.
He emphasizes that many European states are already refusing the widespread use of the Airbnb apartment reservation system since it creates a shortage in the market for the citizens of these countries.
"We take into account the interests of our citizens. Tourists naturally pay more as come for a week and leave $200-300. The owner can rent an apartment to several tourists within a month. The price in the rental market will naturally increase with such a scheme", he noted.
Fayozov underlines that the document now has the opportunity to rent housing for 120 days a year but it’s difficult to say how long it will be in the final version of the document as it is in the process of being finalized.