An investment-based residence permit in Azerbaijan is a special type of permit granted to foreign citizens who make investments in the country. It is considered one of the most common and convenient ways to legalize one’s stay. This permit not only provides the right to reside in Azerbaijan but also highlights the country as an attractive destination with highly profitable investment opportunities. That is why every year, thousands of foreigners invest in Azerbaijan and, at the same time, apply for an investment-based residence permit.
If you are planning to invest in Azerbaijan and obtain a residence permit based on your investment, you have several options to choose from:
Foreign nationals who invest at least AZN 100,000 (about USD 59,000) in Azerbaijani real estate are eligible to obtain an Azerbaijan residence permit by investment. At first, qualifying investors can receive a temporary residence permit valid for up to one year, which may subsequently be extended in two-year increments. This option covers investments in both commercial and residential properties.
In addition, it should be noted that obtaining a Permanent Residence Permit through real estate investment requires a minimum investment of AZN 200,000 (around USD 120,000).
Foreign nationals who invest a minimum of AZN 500,000 (around USD 295,000) in Azerbaijan’s economy are eligible to obtain a residence permit for up to three years. This investment may take different forms, such as contributions to business sectors or the purchase of commercial real estate.
It is important to highlight that the required investment threshold remains the same for both Temporary and Permanent Residence Permits.
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Foreign nationals who invest at least AZN 100,000 (around USD 59,000) in state securities may also obtain an Azerbaijan residence permit by investment. Meeting this requirement allows investors to obtain a temporary residence permit valid for one year.
To qualify, the investment must be placed in the securities of legal entities in which the state owns 51% or more of the shares or interests.
As with real estate investments, the minimum investment threshold for obtaining a Permanent Residence Permit through securities is AZN 200,000 (approximately USD 120,000).
Foreign investors may obtain a residence permit in Azerbaijan by placing a minimum deposit of AZN 100,000 (approximately USD 59,000) in a local bank under a term deposit agreement. The initial residence permit issued on this basis is valid for one year and may be renewed for subsequent two-year periods.
Funds can be deposited in either local or foreign currency, although deposits in the national currency generally provide higher annual interest rates of about 10–12%.
As with other investment-based options, securing a Permanent Residence Permit through bank deposits requires a minimum investment of AZN 200,000 (around USD 120,000).
In Azerbaijan, investment-based residence permits are issued and renewed by the State Migration Service. Foreign investors have the option to apply both online and in person. Applicants who satisfy the requirements must prepare the relevant documentation and submit it for review.
The evaluation process usually takes 10–20 business days. During this period, the authorities may request supplementary evidence to confirm the legitimacy of the business activity or investment. Once approved, eligible applicants are granted a Residence Card.
Holders of a Temporary Residence Permit are required to apply for an extension no later than one month before the permit expires. Likewise, individuals applying for the issuance or renewal of a Permanent Residence Permit must submit their application at least three months before the expiration date of their current card.
When applying for a residence permit in Azerbaijan on the basis of investment, the following documents must be provided:
Completed application form
Copy of the applicant’s passport
Medical certificate
Proof of investment
Copy of the document granting the right to stay or reside in Azerbaijan
Two recent photographs
Proof of residential address in Azerbaijan
Consent letter from the property owner of the residence
Identification document of the property owner
Foreign investors who wish to acquire or extend an investment-based residence permit in Azerbaijan must follow a series of legal steps:
Begin by identifying which investment option best matches your financial capacity and goals. Depending on your preference, this could involve purchasing real estate, placing funds in a bank deposit, or selecting another legally approved investment method.
After deciding on the investment type, it is crucial to execute the investment in line with Azerbaijani legislation. Proper legal compliance will help you avoid complications, and consulting with professional advisors is strongly recommended for a secure process.
With your investment completed, you will need to gather the required paperwork. This includes personal identification documents as well as official proof confirming that the investment was made according to the law.
Finally, once all requirements are met and documents prepared, you can apply for a residence permit. Applications may be submitted online or in person to the State Migration Service. For a smoother process and to mitigate risks, professional legal assistance is advisable.
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