For those who want to apply Investor Visa by AZN100,000 ($59,000) bank deposit, recommend to contact bank prior to visiting Azerbaijan.
In some cases, following documents are requested by banks to approve account opening and/or fund transfer from overseas:
And even notarization of above documents by Azerbaijan embassy may be requested.
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Foreigners who moved to Azerbaijan may have a chance to obtain citizenship of Azerbaijan after 5 years stay.
Proving knowledge of Azerbaijani language is required to obtain the citizenship. Brief steps as follows: (1) Obtain Temporary Residence Permit and start residing in Azerbaijan; (1') After 2 years residency, you may want to upgrade your status to Permanent Residence Permit; (2) Stay Azerbaijan for total 5 years based on Temporary / Permanent Residence Permit; (3) Apply citizenship For more detail, please have a look at LAW OF AZERBAIJAN On Citizenship of the Azerbaijan Republic. Article 14. Admittance to the Citizenship of the Azerbaijan Republic A foreigner or a stateless person who lives in the territory of the Azerbaijan Republic for the last 5 years and submits a document certifying his/her knowledge of the state language may be admitted to the citizenship of the Azerbaijan republic upon his / her own application consistent with this Law, regardless of his / her origin, social and property status, race and nationality, sex, educational background, language, religious views, political and other convictions. If a person applying for the citizenship of the Azerbaijan Republic calls for forcible change in the state structure set by the Constitution of the Azerbaijan Republic, for disturbing its territorial integrity; performs activities that cause damage to state security, protection of public tranquility, the health and morality of the population; propagandizes racial, religious and national exception; has relations with terrorist activities, then such application for citizenship shall be rejected. Decision on admittance to the citizenship of the Azerbaijan Republic shall be adopted in accordance with paragraph 20, Article 109, the Constitution of the Azerbaijan Republic. A person applying for the citizenship of the Azerbaijan Republic shall pay state duty in a manner and amount determined by the legislation of the Azerbaijan Republic. |
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