Overview
In this way, the applicant can buy property anywhere in the beautiful country of the Republic of Azerbaijan, such as: Baku, Ganja and If he or she can prove to the Azerbaijani Immigration Police that he has observed all the legal details, he or she can apply for residence in Azerbaijan for himself and all his/her family members (spouse and children under 18) and if the Azerbaijani Immigration Police agrees to the request, they can Use the issued residence card to live freely in this beautiful country until the validity period of the card, and when the validity period of the card expires, they must apply to open the application file to extend the residence card.
General conditions
- The minimum value for the purchased property should be 100,000 Azerbaijani manats.
- The seller must show you his property documents before starting the sales process.
- The property must be purchased in cash.
- The main conditions of the contract of sale, the price of the contract, the rights and responsibilities of the parties, the obligations of the seller and the buyer must be in writing and made available to the parties to the contract.
- The sales contract can be submitted in English or Azeri, but if it is in English, it must be translated into Azeri.
- It is an agreement as to who will bear the government costs of the sale, but it is usually the responsibility of the buyer.
- The buyer must have a residence in Azerbaijan.
- The cost of a notary public will be about 200 manats.
- The cost of insurance will be about 50 manats.
- Amounts must be paid as a technical certificate based on the area of the property being traded.
- Property ownership documents will be issued in about ten to twenty days.
- Sign a contract with the White Bird Group
- completing and translating the relevant documents and forms
- Travel to the Republic of Azerbaijan
- Opening a bank account in one of the banks of Azerbaijan to transfer the initial capital for the purchase of property in Azerbaijan
- Examine and carefully review the available properties based on the budget and taste of the applicant in Baku or any of the cities of Azerbaijan
- Applying for and receiving initial residence in Azerbaijan to make it possible to purchase a property
- Sign a contract with the seller of the property in Azerbaijan and pay the down payment in the office
- Payment of the remaining amounts pledged to the seller of the property based on the contract concluded, as well as the amounts and legal fees of the property being traded
- Receive the key and complete the steps of transferring the document and property to the applicant
- Complete the documents required to open a residence permit in Azerbaijan
- Receive appointment time from the Immigration Police to open the residence file of the Republic of Azerbaijan
- Action to open the residence file of the Republic of Azerbaijan by the applicant
- If the police respond positively to your case, you or our colleagues will receive the card
Benefits of obtaining a residence permit in Azerbaijan by purchasing a property
– A developing country
– Ability to invest in the emerging HUB of trade and industry in the region and access to the growing market of the Caucasus region.
– The possibility of living freely for all family members in a beautiful country.
– The possibility of education with modern facilities for all children in local or international schools.
– Benefit from an international bank account.
– Benefit from standard medical facilities after purchasing a suitable insurance package for all family members.
– Good effect on the process of the results that you get from applying for a visa for different countries.
– The criterion for valuing a property is the report of an official government expert, and for example, if you buy a property for 120,000 manat, but the expert report evaluates the value of the property at 95,000 manat, you are not eligible for residency.
– When you buy property as a foreigner in Azerbaijan, you are only, the owner of the property and you cannot buy a share of the area.
– To own the arena, you can buy the arena in the name of a company that you can register in Azerbaijan under your own name.
– If a reputable real estate agency is used to buy the property, the possibility of fraud can be minimized.
– If people live in the property being traded, you must get a notarized consent from them.
– Purchase agreements can be drafted in both English and Azerbaijani, but since the contract form is absolute imprisonment, it must be translated into Azerbaijani (absolute imprisonment means that, if the benefit of the money is given to the person without expiration of the contract, It is called absolute imprisonment and will continue until the death of the owner or his return, or in other words, the property purchased in Azerbaijan will not be given to you in full, and only the property will be sold to you and the land will not be sold).
– Note that you are the party to the transaction with the seller of your personal property and the white bird group cannot manage or guarantee the transaction concluded between you and the owner.
– In case of any problem between you and the owner of the property, whether legal or criminal, you must be a party to the dispute with them personally, and this issue has nothing to do with the white bird group.
– The valuation criterion for the Azerbaijani manat is the exchange rate of the Azerbaijani manat in the open market.
– This program does not include your children over the age of eighteen, and if you have children over the age of eighteen, you must purchase a separate property for them.
– You do not have to live in a certain city of Azerbaijan. For example, you can live in Baku, Ganja, etc.
