Temporary Residence Permit - Real Estate

The Temporary Residence Permit (TRP) based on real estate ownership is established under Article 45.1.3 of the Migration Code of the Republic of Azerbaijan. This provision was designed to encourage foreign investment by offering a legal pathway to residency for individuals who demonstrate a significant financial commitment to the country through the acquisition of immovable property. It fills the gap for investors who wish to reside in Azerbaijan without necessarily engaging in active business operations or employment, providing a stable, asset-backed basis for temporary stay.

This permit is intended for foreign nationals who own real estate in Azerbaijan with a market value of at least 100,000 AZN. It is particularly suitable for property investors, retirees, or individuals seeking a second home in the region. The distinctive feature of this visa is that it directly links residency rights to the possession of property, requiring only proof of ownership and the specified valuation, making it a straightforward option for those with the necessary capital to invest in the local real estate market.