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Azerbaijan tightens requirements for foreigners wishing to permanently live in country
Baku/09.02.23/Turan: The Government of Azerbaijan is preparing to double the investment requirements for foreigners and stateless persons wishing to permanently reside in the country.
This is reflected in the draft law "On Amendments to the Migration Code".
According to the document, from now on foreigners and stateless persons for permanent residence in Azerbaijan must purchase real estate worth at least 200.,000 manats or deposit at least 200, 000 manats in local banks. Until now, the specified amount was 100.000 manats. -0-
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