Guide for foreign investors
Updated September 2026
Yes. Foreign individuals and foreign companies can buy and own buildings in Azerbaijan: apartments, private houses, offices, retail premises, hotels and industrial facilities. You do not need to live in Azerbaijan to buy.
Ownership becomes legally valid only once it is entered in the state real estate register. Registration is the step that completes a purchase — not the payment or the signature alone.
Under the Land Code of the Republic of Azerbaijan, foreign citizens, stateless persons and foreign legal entities cannot own land. They can use land under a lease agreement.
When buying a private house or a villa, the right to the plot beneath the building has to be checked separately before the purchase.
Owning real estate can support a residence application under the Migration Code of the Republic of Azerbaijan. Ownership does not grant residence automatically — you apply separately to the State Migration Service.
A bank term deposit of the same amount is an alternative ground under the same articles.
A foreign buyer needs a valid passport. Documents may require a notarised Azerbaijani translation, and a purchase can be completed through a representative under a power of attorney.
Budget for more than the purchase price. Typical transaction costs include notary fees, the state registration fee, a property valuation, and translation or legalisation of documents. After the purchase, owners pay annual property tax, tax on rental income if the property is let, and tax may apply to the gain when it is sold. Rates depend on the property and on the owner's tax status, so ask for a written estimate before you commit.
Prices in Baku are often quoted in US dollars, while contracts and state fees are in manats (AZN). The manat has been held at about 1.70 per US dollar since 2017.
Yes. Foreigners can own apartments and other buildings in Azerbaijan. Ownership is completed by registration in the state real estate register.
No. Under the Land Code, foreign citizens and foreign companies cannot own land, but they can lease it.
Property worth at least AZN 100,000 is a ground to apply for a temporary residence permit, and property worth at least AZN 200,000 — after two years of temporary residence — for a permanent one. You still apply to the State Migration Service.
No. A purchase can be completed through a representative acting under a power of attorney.
This guide is general information based on the Land Code and the Migration Code of the Republic of Azerbaijan as of September 2026. It is not legal advice; confirm the details for your case before you buy.
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