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Residence Permit by Investment

Regardless of the quantity, by achieving the 60,000 USD worth requirement, you can apply and start the process. Houses, apartments, offices, stores, or lands are ahead of you. You can create various options in any province of Azerbaijan via having an official appraisal for each property. 

Additionally, you can buy commercial properties other than real estate and rent your investment. 

The Process

Foreigners and stateless persons should apply to the State Migration Service of the Republic of Azerbaijan in case of existence of grounds for issuance of a permit for permanent residence at least 3 months before the expiry date of their permits for temporary residence in the territory of the Republic of Azerbaijan.

Application of a person for issuance of a permit for permanent residence in the Republic of Azerbaijan are processed within the period provided by the Law of the Republic of Azerbaijan "On State Fee" in accordance with the amount of state fee paid under this Law and relevant decision is made by the State Migration Service.

A permit for permanent residence in the Republic of Azerbaijan is issued for the period of 5 years. At least 3 months before the expiry date of this permit, the permit for permanent residence can be extended again for 5 years upon application of foreigners or stateless persons. The number of extensions is not limited.

Required Documents

  • Application form, sample of which approved by the Cabinet of Ministers of the Republic of Azerbaijan;

  • Copy of the passport or other border crossing document;

  • Notarized copy of the birth certificate or a document equal to it (for persons without passport who are under the age of 18);

  • Reference certifying that the person is not a carrier of a virus of any disease included in the list of dangerous infectious diseases approved by the relevant executive authority;   

  • Document certifying existence of necessary funds to meet minimal needs of foreigners and stateless persons and family members arriving with them (except the cases when citizen of the Republic of Azerbaijan or a person obtained a permit for permanent residence in the Republic of Azerbaijan who is a close relative of foreigner undertakes to support them during their stay in the country);

  • Copy of the permission card for temporary or permanent residence in the Republic of Azerbaijan;

  • Notarized copy of the document certifying that the grounds for issuance of a permit for temporary residence in the Republic of Azerbaijan are not removed;

  • Two photos sized 3.5 x 4.5 cm;

  • Notarized consent of minors between the ages of 14-18;

  • Document of a residential area, where a person shall be registered on (extract on the state registration of the property right from state registry of real estate, warrant for accommodation, rent or tenancy agreement or other document set forth in the legislation of the Republic of Azerbaijan);

  • Application of the person providing the foreigner or stateless person with a residential area (except the cases when there is a residential area in possession of the foreigner or stateless person);

  • Copy of the identification document of the person providing the foreigner or stateless person with a residential area (except the cases when there is a residential area in possession of the foreigner or stateless person);

  • Receipt certifying payment of the state fee.

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