Advantages of Living in Azerbaijan

Azerbaijan is a country rich in history and natural beauty. From the shores of the Caspian Sea to the impressive Caucasus Mountains, from ancient rock paintings to modern architectural wonders, Azerbaijan offers a wide range of attractions for both tourists and residents alike. The country is known for its warm hospitality, delicious cuisine, and unique blend of Eastern and Western influences. Additionally, it is highly attractive to foreign investors and serves as the economic growth engine of the Caucasus - this is due to special conditions offered to foreign investors in the country.
Azerbaijan's capital, Baku, is a vibrant city showcasing a fascinating mix of medieval and ultra-modern architecture.

Visa Requirements for Russians

Russian citizens do not need a visa to enter Azerbaijan for short-term stays. They are allowed to stay in the country for up to 90 days without a visa. This makes visiting or investing in Azerbaijan convenient for Russians.

Real Estate Investments for Foreigners

Foreigners have the same rights as local citizens to purchase residential or commercial property in Azerbaijan. Foreigners can invest in both residential and commercial real estate, making it an attractive option for those looking to buy property abroad.

Real Estate Market

Azerbaijan's real estate market, especially in Baku, shows significant growth. Luxury real estate projects are being implemented, attracting foreign investors. The average annual price increase for many real estate projects has been around 15% in recent years. This growth makes Azerbaijan an attractive destination for real estate investments.

Residency Visa through Real Estate Investment

Foreigners investing a minimum of 100,000 manats (about $59,000) in real estate in Azerbaijan are eligible to receive or extend a temporary residency visa. Those investing at least 200,000 manats (about $118,000) may be eligible for a permanent residency visa, subject to additional requirements.

Marina Village Project

The Marina Village project in Azerbaijan offers a unique opportunity for luxury living on the Caspian Sea waterfront.

Key features of the project include:

Fully furnished luxury properties, including appliances.
A marina for yachts within the project.
Bustling recreational areas and modern infrastructure.
Venetian-style architecture with stunning water canals and abundant vegetation.

The project is currently under rapid construction year-round and is expected to be fully ready for occupancy in January 2026. The project offers a unique opportunity to acquire properties for leisure and vacation purposes or for investment purposes with high returns. The project also has a management company that can rent out the property year-round according to the owners' wishes.

Tourism and Lifestyle

Azerbaijan offers a rich cultural experience, combining Eastern and Western influences. The country boasts a variety of attractions, from contemporary art centers to the world's only oil spa. Azerbaijan's tourism industry is diverse, offering opportunities for cultural exploration, adventure tourism, and even medical tourism.
Living in Azerbaijan provides access to a warm climate, delicious local cuisine, and a rapidly developing urban environment, especially in Baku. The country's oil wealth has contributed to significant economic growth and infrastructure development.
In conclusion, Azerbaijan, with its growing real estate market, attractive investment opportunities, and rich cultural offerings, presents an appealing destination for both residence and investment. The Marina Village project, in particular, demonstrates the country's potential for luxury development and waterfront living.