Azerbaijan

Azerbaijan is known as the land of fire and is one of Central Asia’s most popular travel destinations. The country offers promising prospects for high-net-worth investors eyeing a second residency or citizenship. With a robust economy buoyed by oil and gas reserves, it presents lucrative investment opportunities, particularly in sectors like energy, real estate, and tourism. The government’s favourable policies towards foreign investors, including tax incentives and streamlined processes, further enhance its appeal. Additionally, Azerbaijan’s strategic location at the crossroads of Europe and Asia fosters trade and business expansion.

AZERBAIJAN CITIZENSHIP BY INVESTMENT

Azerbaijan has yet to implement a formal residency or citizenship by investment programme, unlike many other countries. These programmes enable individuals to acquire citizenship or residency rights in specific nations through significant investments, commonly in real estate, national development funds, or local enterprises. Golden visa programmes are available elsewhere, particularly in Europe. One such example is the Greece Golden Visa requiring investment in real estate.

AZERBAIJAN RESIDENCY BY INVESTMENT

Azerbaijan lacks a specialized residency by investment programme. Foreign investors seeking a straightforward residency through investment are encouraged to explore European countries with appealing programmes, such as the Portuguese Golden Visa.

AZERBAIJAN PASSPORT STRENGTH AND RANKING

Should Azerbaijan decide to initiate a CBI programme, it would offer an enticing prospect for foreign investors. Presently, ranked 127th on La Vida’s Global Passport Ranking, Azerbaijan grants its citizens visa-free entry to 81 countries.

Stronger passports can be obtained through various citizenship by investment programmes, such as the St Kitts & Nevis Citizenship by Investment Programme, which has been a favoured option for acquiring second citizenship since 1984.