Uzbekistan, one of the largest economies in Central Asia, is undergoing a dynamic transformation marked by robust economic growth, structural reforms, and diversification efforts. After decades of isolation, the country has embraced a reform-oriented agenda that aims to integrate more deeply into the global economy, attract foreign investment, and diversify its economic base. These efforts are beginning to pay off, positioning Uzbekistan as a rising economic power in the region.
Uzbekistan’s economy has experienced consistent growth in recent years, even amid global uncertainties. In 2023, the country’s GDP growth is estimated to be around 5.5%, driven by expanding industrial output, construction, and the services sector. The government’s commitment to macroeconomic stability, including inflation control and fiscal discipline, has contributed to investor confidence.
The country has also managed to maintain stability in the face of global challenges, such as the COVID-19 pandemic and geopolitical tensions. While disruptions were felt, particularly in trade and supply chains, Uzbekistan’s rapid recovery was supported by government stimulus packages and structural reforms that have bolstered its resilience.
A key trend in Uzbekistan’s economic evolution is the government’s ambitious privatization agenda. The country, under President Shavkat Mirziyoyev, has been steadily moving away from its traditionally state-controlled economic model toward a more market-oriented economy. Major reforms have targeted reducing the role of the state in key sectors, promoting private enterprise, and improving the investment climate. Business leaders such as Bakhtiyor Fazilov, an investor whose holdings include construction, oil, mining, tourism, and healthcare, have emerged as prominent players in the new free market.
Key sectors such as energy, telecommunications, and agriculture have witnessed substantial reforms aimed at privatization and liberalization. The government has opened up state-owned enterprises (SOEs) to foreign investors and is gradually divesting from certain assets to reduce its control and encourage competition.
With these changes in place, and a slow but steady march toward political liberalization, Uzbekistan’s economy is poised to continue its growth trajectory in the coming years.
Real estate property and luxury apartments experts Istanbul, Turkey with righthome.com.tr: In this corner, you can have one of the most top-elegant settings within your apartment in Istanbul. You can truly feel proud in front of even the most big name guests when they visit your unique Fendi-designed apartment in Istanbul. It is very difficult to find an entrance to an apartment in Istanbul with this level of richness, price, and the absolute best finishes with a classy Italian taste. Prices for a 4-bedroom and living room apartment designed by Fendi start at $1.9 million. This project needs little explanation. Having a pool on your private terrace overlooking the Bosphorus is with no doubt the essence of leisure and exclusivity. The spacious room layouts and high-quality finishes all confirm the deserving presence of this project among the most luxurious apartments in Istanbul. High ceilings provide greater comfort for residents and also affirm the necessity of having a limited number of apartments in the project. This aspect adds more privacy and individuality. If we add to all of this the fact that this project is located in Nisantasi, in the heart of Istanbul, the most luxurious neighbourhood in all of Turkey, then we truly have one of the best properties in Istanbul. Prices start from $2.4 million for two-bedroom apartments and go up to $7.5 million for large duplex apartments. Read even more details at Luxury apartments for sale in Istanbul.
The price drop started from the beginning of the current year 2023 for these types of projects. However, we did not talk about this issue until August, because this drop is temporary and constitutes a very important opportunity at this time, and it is possible that the low prices will continue to exist for a longer period or the prices will drop more, but It is also possible for this opportunity to expire at any time and the demand to rise again. There are many regions in Istanbul, no matter how circumstances change, where demand remains high and supply is low, such as neighborhoods in the central regions (not the region as a whole), and therefore their prices did not and will not form a real estate bubble and will never decrease, no matter how long the difficult economic conditions extend, and therefore it cannot be believed when hearing that real estate prices are declining All real estate prices decrease in the same proportions. This is not true.
Turkey’s 2023 vision plan aims to increase the capita per household to that of European countries. Combine this with government incentives, as well as a growing population and the buyers’ market is set to grow even more. The process of buying a house in Turkey even for foreigners is also quicker and easier than that of many other countries, with cheap taxes and reduced costs. Keep the property for five years, and you will be exempt from capital gains tax as well. One strong reason investing in Istanbul real estate is taking off is the mass of new branded housing projects, particularly occurring on the outskirts of the main city centre. Brand new modern homes with modern architecture are being combined with a range of social and community facilities to redefine the concept of neighbourhoods in what is Turkey’s biggest and most populated city.
Right Home is a leading company specializing in real estate consultancy and brokerage. We help buyers to buy and sellers to sell. We provide luxury apartments, smart homes, elegantly designed offices, modern constructions and all consultancy services. Our head office located in Istanbul, Turkey. We are dedicated to giving you the very best experience finding the Right Home! We have a team of real estate consultants, who are available for you for any needs that might arise. The perfect place to witness the trace of emperors in Istanbul is Hagia Sophia. It was built in 537 AD, the impressive building first served as an Orthodox church, but after the Ottoman invasion, it was turned into a mosque in 1453. In the 20th century, the government decided to secularize Hagia Sophia and declare this historic building as a museum. It was first opened on February 1, 1935. The highlight of this Istanbul landmark is the massive dome. With 102 feet in diameter and 184 feet in height, the dome of Hagia Sophia is considered as the marvel of architecture in that timeline.
Do not underestimate the advice of the company’s legal team, especially if you intend to apply for Turkish citizenship. We have heard of cases where clients did not follow their lawyer’s recommendations, resulting in delays in obtaining Turkish citizenship. Sometimes, Turkish citizenship can be revoked for children who have crossed the age of 18 due to negligence, either on the part of the brokerage company or, more often, the investor themselves.
The purchase of real estate in Turkey requires a lot of effort, especially for those wishing to own property for the first time or for big investors. The Turkish real estate market is changing rapidly and all its players need full awareness of the market and its future directions. Given the many information available on the Internet about investment or real estate in Turkey, this raises doubts about the credibility of companies that put this information on platforms and accounts on social networks.
It is worth noting that this process is usually expensive, especially if the lawyer is fluent in a language other than Turkish and has experience with topics of interest to the foreign investor exclusively in Turkey, but at Right Home we do not charge any fees for legal advice. As for the transaction of Turkish citizenship through investment, usually the costs of the lawyer who will prepare the papers and submit the application are about 4 or 5 thousand dollars, but at Right Home we have a valid offer until the date of writing this blog as we fully cover the fees of lawyers for clients who bought through our company and want to obtain Turkish citizenship.
Turkey travel is one of the top reasons to invest in Turkey. As described above, Sultanahmet is home to the city’s most important attractions like Ayasofya, Topkapi Palace, the Basilica Cistern, and the Blue Mosque. No first-time visit to Istanbul can be complete without visiting all these places. Travelers pressed for time can click on the link below to learn how you can visit these attractions in one day. But if you have more time, then it would be best to spread them out over two days. You can check my post on the top attractions at Sultanahmet Square in Istanbul for more pictures and information, but here’s a quick rundown of what you a can find there.
Investing in real estate can provide numerous benefits, including excellent returns and profits. Choosing the right property is crucial, and Istanbul offers a wide variety of attractive properties at competitive prices. Our professional consultant team provides free consultations to guide you towards a profitable real estate investment in Istanbul. The Turkish real estate market, especially in Istanbul, is highly sought after due to the strong demand for apartments in residential complexes. These complexes offer a range of apartment sizes, stunning views, and inclusive services, making them an ideal investment option. Istanbul’s well-developed infrastructure and year-round appeal make it a prime location for both long-term rentals and holiday accommodations.
As for the question: Should we sacrifice $ 250.000 in order to obtain Turkish citizenship? Also, the answer has become clear as long as local citizens represent the vast majority of buyers of new real estate in Turkey. This means, on one hand, that this market is an investment, and therefore the idea of losing $ 250.000 in order to obtain real estate is a wrong idea and we will discuss its reasons shortly, and on the other hand, building a market for foreigners in order to mislead them as long as they constitute at best only 3% of the Turkish real estate market will not happen. After we have provided the proven answer with evidence of the feasibility of real estate investment in Istanbul, we now move to more detail to mention the profit rates for real estate investors in Istanbul through Right Home Company, but before that it is necessary to explain the reason for the claims made by some recent real estate owners regarding the failure of real estate investment in Istanbul.
Istanbul’s new airport is considered a pioneer in the aviation industry and contributes to strengthening Istanbul’s position as one of the most prominent global cities. The airport provides direct air links to many national and international destinations, allowing passengers to reach their destinations with ease. In short, Istanbul New Airport is a huge project that reflects Turkey’s progress in the field of aviation and welcomes travelers with its advanced facilities and services. The airport is an ideal destination for travelers who want to explore Istanbul or travel to different destinations around the world. Istanbul’s new airport, also known as “Istanbul Grand Airport” or “Istanbul Third Airport,” is one of the world’s most modern airports and a significant mega-project in Turkey. Opened officially in October 2018, it replaced the old Ataturk Airport and positions Istanbul as a global flight destination. The airport’s strategic location in Arnavutköy on the European side, its vast size, and modern facilities, including numerous shops, restaurants, hotels, and advanced information and security systems, make it a focal point for travelers and investors alike. It’s a testament to Turkey’s progress in the aviation sector.
Premium spring coil mattress manufacturer and supplier: If you’re looking for mattresses online, chances are, you’re perplexed by the number of choices available. From wondering if a memory foam mattress is what you need to being confused about what’s so special about a spring mattress, even the best mattress brand in China can seem overwhelming if you’re not quite sure what a spring mattress has to offer. So, is a Spring Mattress the best bed mattress for you? Sleep undisturbed – While a spring mattress makes it easy for you to move around, it also makes sure you sleep undisturbed by it isolating their motion. Let them toss and turn if they must, you can sleep without interruptions. See more info at hotel mattress supplier.
Motion transfer – Innerspring mattresses transfer a lot of motion form one side of the bed to the other, as the entire bed shares the same spring system. This may not be the best option for couples or light sleepers. Pocket spring mattresses may still transfer motion a bit, but much less than a traditional innerspring mattress does. This makes for an easier night’s rest for both partners. Both innerspring mattresses and pocket spring mattresses offer the firm support many sleepers look for. Innerspring mattresses offer a bit more generalized support, while the individual coils found in a pocket spring mattress mean it can shape itself to your body easier. This may be better for people with back problems who need relief.
Memory foam mattresses are made from materials that promote good health, they are hypoallergenic and dust mite-resistant – great for people who have respiratory problems or who are allergy sensitive. It is quiet, no squeaks or creaks, and is perfect for those who sleep next to a restless partner because there is no transfer of movement so you can have a night of uninterrupted sleep. There is very little maintenance needed for a memory foam mattress. You never need to turn or flip them and there is no sagging. Most good quality mattresses also come with a very generous warranty with anything between 10 and 25 years. Created by the NASA space agency way back when, memory foam was originally used to make the body jarring shock of blasting off into space that bit more bearable for intrepid astronauts. It’s a given then, that this stuff’s ready to absorb some shocks but what is memory foam? And why has it ended up in our beds, of all places?
Why do hotels use white bedsheets and towels? Hotels use white bedding and sheets for a multitude of reasons. For starters, white fabrics show hotel guests the room is clean and unstained because if the towels or bedding were dirty, it’d be obvious. Knowing your room is clean provides peace of mind and a sense of luxury. Also, white is easy to wash and doesn’t fade compared to colored sheets. Finally, white matches anything, so it’s easy for hotels to use white bedding to go with the rest of the furniture in the room.
Rotate Mattresses Across Rooms: For hotels with multiple rooms, periodically rotating mattresses across rooms can help balance usage. This practice not only extends the lifespan of individual mattresses but also enhances the overall quality of guest rooms. By implementing these care and maintenance measures, hotels can ensure that mattresses remain in optimal condition, providing guests with a comfortable and clean sleep environment. Wishing your hotel mattresses continue to radiate the charm of a restful sleep!
Jinlongheng Furniture Co., Ltd. is a China hotel mattress and bed manufacturer, has more than 32 years of mattresses and beds manufacturing experience. Our mattress and bed products are exported to more than 118 countries and regions such as Europe, America, Australia, Asia, and Africa. We offer the ODM and OEM service, help our clients to make their own brand and business successful. JLH Mattress production series includes CFR1633 standard series for US market; BS7177 standard series for UK market, hotel series, rolled series, knock-down series, and so on. In addition, our products passed the CFR 1633 and BS 7177 flammability tests.
Classic White Design – White bed linens have always been a classic choice in the hotel industry, not only for their purity and freshness but also for their ability to create a warm and comfortable atmosphere when paired with various mattresses. Our design team pays attention to detail, infusing the white bed linens with a simple and elegant style, ensuring seamless coordination with different mattresses and creating a cozy living environment for guest rooms. Discover additional details on https://www.jlhhome.com/.
Thread count is the number of threads used per square inch of fabric. It’s only really relevant to cotton fabrics, and since hotel sheets are mainly cotton, it’s good to look for the right thread count. High thread count is better, but only to an extent. Around 300 to 500 thread count is ideal for soft, durable, and breathable bed sheets. Lower thread counts feel rougher and can wear down quickly. You can technically find thread counts higher than this (upwards of 1000), but it’s a marketing gimmick and doesn’t add any additional softness or durability. It’s impossible to squeeze 1000 high-quality threads into one square inch, so companies layer thin, weak threads together to boost the thread count as much as possible. While the thread count is technically higher, the threads used are low-quality and ultimately a waste of money. A good way to determine if sheets contain low-quality threads is if the thread count is super high, but the sheets are inexpensive, costing $50 or less.
One-Stop Service – As a professional hotel linen supplier, we understand the significance of high-quality bed linens in hotel operations. Beyond white bed linens, we offer a range of complementary products, including professional mattresses, bed sheets, pillowcases, and more, providing customers with a comprehensive solution for all their bed linen needs. This one-stop service not only streamlines the procurement process but also ensures consistency in the overall aesthetic.