Azerbaijan · Residency by investment
Temporary Residence Permit on Investment Grounds
Open. Grounds and thresholds are verified against the State Migration Service. Investors and highly qualified specialists receive 3-year permits, and these are renewable. Other grounds give 1 year initially, extendable in 2-year increments.
At roughly USD 59,000, this is the least expensive way into a residence permit anywhere in the region, and applications are typically decided in ten to twenty business days. The country levies no wealth tax and no inheritance tax. For a narrow set of families, that is a real proposition. But the 2026 tax repricing and the new property-use rule have taken away most of what made it interesting.
Qualifying routes
Roughly USD 59,000, the cheapest property-linked residence in the region.
Roughly USD 59,000.
Roughly USD 59,000.
Roughly USD 294,000.
At least 5 full-time or 10 part-time employees, of whom 80% must be Azerbaijani citizens.
The facts
- Minimum investment
- 100k AZN
- Total landed cost
- Investment plus modest state fees and legal costs, roughly USD 2,000-5,000.
- Route type
- Residency by investment
- Timeline
- 1 months (10-20 business days, the fastest adjudication in the region.)
- Physical presence
- The property must be used by the owner. See watchOuts.
- Family
- SpouseDependent children
- Permanent residency
- Reported at AZN 200,000 (roughly USD 120,000) of property, double the temporary threshold. This figure comes from secondary sources, though, and was not on the official migration.gov.az page we retrieved.
- Citizenship
- 5 years of permanent legal residence, with mandatory renunciation in practice.
- Language test
- Fluency in Azerbaijani.
- Dual citizenship
- Not permitted. You would have to renounce.
- Requirements
- a qualifying investment under one of the listed groundsowner use of the property, if you choose the property routeclean criminal recordhealth insurancean application to the State Migration Service
- The property must be used by the owner. Renting it out does not qualify as a basis for the permit. That rules out the yield-plus-residence combination that makes property routes attractive elsewhere, and it is a detail rarely disclosed.
- The 7-year non-oil exemption expired on 31 December 2025. Until then, non-oil private sector income up to AZN 8,000 a month was taxed at 0%. From 1 January 2026 it moves to a progressive 3%/10%/14% structure, rising to 5% in 2027 and 7% from 2028 in the low bracket. Any advice or model dated before 2026 is out of date. When we checked, PwC's own page on taxes on personal income still showed the expired exemption table, which contradicts PwC's own significant developments page. Do not rely on a single source here.
- Dual citizenship is not recognised. Citizens must notify the authorities within one month of acquiring a foreign nationality, and doing so generally triggers loss of Azerbaijani status. The President may grant exceptions. Grounds for denaturalisation include acquiring another nationality, serving in a foreign government or military, and fraud in the original application.
- Azerbaijan has CFC rules. Holding more than 20% of the charter capital or voting shares in a foreign entity that earns income from a low-tax jurisdiction triggers proportionate inclusion of that income.
- Rates escalate on a published schedule through 2028. Model forward, not spot.
- Azerbaijan has the longest CRS history on this list, with a framework in place since 1 July 2017. There is no opacity here.
- The AZN 200,000 permanent residence threshold comes from secondary sources only. It was not confirmed on the official page we retrieved.
- Social insurance on wages above AZN 8,000 fell from 25% to 21%. The health insurance threshold moved from AZN 8,000 to AZN 2,500.