Get TRC in Azerbaijan by real estate investment

Friends, in this blog I will tell you about Azerbaijan. Many people contact me regarding Azerbaijan, by purchasing property in Azerbaijan, how can they take that TRC, the 2-year residence permit there, how can they take it, and what will happen after that, how will we get PR later, will we get citizenship, etc. I have already made a video on this, you must have seen it. But the demand is high now because after Turkey, people are interested in Azerbaijan, because the restrictions Turkey has placed in the last one or two years, after that, people’s interest shifted from there to the other side, and Azerbaijan — whose policy has always been good, their economy is stable, currency is stable — so generally people are moving more towards that side, towards Azerbaijan. So right now, Azerbaijan is absolutely a good option, and in Azerbaijan you get a 2-year TRC with family if you invest between $55,000 to $60,000 in property, in real estate. Then you can get the 2-year residence permit.

Inside Azerbaijan, by the way, it is 100,000 Manat, the local currency there. It keeps moving up and down. Sometimes it becomes 55,000, sometimes it becomes 60,000; if it goes up, then it becomes 60,000. So between 55 and 60, you have to make this investment and purchase real estate there. You can deposit this money in the bank as well, but most people are interested in the real estate option because from that you can also generate income or you can live in it yourself. So if you are interested in this, then you can absolutely do it.

Now what is the method?

The method is that you will go — Azerbaijan’s e-visa is obtained very easily on a Pakistani passport. For the last 7 years, Azerbaijan has been giving e-visa and you can easily get e-visa. After taking the e-visa, you will reach Azerbaijan, and what will you do in Azerbaijan? There you will visit properties and select a property that meets the required amount. Then you will purchase it. Then you have to transfer your funds to Azerbaijan. For that you will have to open an account in Azerbaijan, and your account gets opened — it is not that difficult. If you give this reason to the bank people there, then the bank will open your account for you, okay. Then you will transfer your money. If you are in Pakistan then you will transfer from Pakistan, if in Dubai then from Dubai. From Pakistan, transferring money is a little difficult, but you can also take cash with you. If you have family members, four or five, then according to 5–5000 you can take cash with you to Azerbaijan. Otherwise, you can transfer from outside — from America, from the UK — if you open the bank account.

After that, sir, you will make the payment, the property will be transferred in your name, and when it gets transferred in your name, after that you will apply for the residence permit and provide the required documents. So simply you will get the TRC of Azerbaijan, which is for 2 years, and as long as your property is there, you can extend it. And you can also apply for eventual PR, and you can also apply for Azerbaijan citizenship.

What are the benefits?

The benefits are that you can include your family, your wife and children under 18 years. And those children will get free schooling there. You will also get medical at a low cost. Apart from that, whatever facilities an Azerbaijan citizen gets, normally you also get those social facilities there, okay. And it is a good place to live, it is a peaceful country. Apart from that, the weather is not very harsh. It becomes harsh in winter, but generally in summer the weather is good, and it is not so expensive. To be very honest with you, Azerbaijan is very cheap compared to Turkey, because in Turkey inflation has increased a lot. But Azerbaijan is a stable country, not that expensive. You can live comfortably in a budget of 00 there with family because education is not that expensive, you can admit children in local schools. And from there, you get visas of other countries easily, and for the long term also Azerbaijan is a good option.