Residence Permit in Azerbaijan Through Depositing
Looking to stay long-term in Azerbaijan without starting a business or buying property? The deposit-based residence permit in Azerbaijan could be the right option for you.
This type of Temporary Residence Card (TRC) is designed for foreigners who deposit a specific amount of money into an Azerbaijani bank account. It’s a legal and easiest way to obtain residency.
What is a Deposit-Based TRC in Azerbaijan?
A deposit-based TRC means getting a residence permit by placing a deposit in a local bank. You don’t need to register a company or own real estate. It’s an ideal option for:
Foreign retirees
Digital nomads
Investors who want flexibility
Anyone seeking a legal stay without business or property commitments
How Much Do You Need to Deposit?
To apply for a residence permit through deposit in Azerbaijan, the required deposit amount is at least 100,000 AZN (around 58,000 USD). This amount must stay in your Azerbaijani bank account during your residence period.
💡 The deposit must be confirmed by official bank documents when applying.
Benefits of Deposit-Based Residence in Azerbaijan
✅ No need to start a company
✅ No need to buy property
✅ Legal long-term stay
✅ Access to services like healthcare and education
✅ Renewable permit based on valid deposit
Who Can Apply?
Anyone over 18 years old who can legally transfer and hold the required deposit in Azerbaijan can apply. There are no nationality restrictions. Family members (spouse and children) can also apply as dependents.
❗If you’re looking for a permit by investment or business, read other guides:
Application Process for Deposit TRC in Azerbaijan
Here’s how it works:
Open a local bank account
Deposit the required amount
Obtain a confirmation letter from the bank
Prepare all necessary documents
Apply to the State Migration Service
Attend the interview (if requested)
Receive your TRC card
⌛ The entire process usually takes 30 to 40 working days.
Required Documents
Passport (notarized and translated)
Bank letter confirming the deposit
Proof of legal stay (visa or entry stamp)
Health certificate (from an authorized clinic)
Application form
Residence address confirmation
How Long is the Permit Valid?
The deposit-based residence permit is generally issued for 1 year and can be renewed if the deposit is still valid.
Can You Use the Deposit?
No. The deposited amount must remain untouched in your account during your residence period. Withdrawing it may lead to the cancellation of your TRC.
Why Choose This Option?
If you’re not planning to run a business or purchase property, this is one of the safest and most flexible ways to stay in Azerbaijan long-term.
In Conclusion
The deposit-based residence permit in Azerbaijan is a simple and best option for foreigners who want to live in the country without business or property obligations.
Need help with your application? Contact our legal team for full assistance from start to finish.
Frequently Asked Questions (FAQ)
To get a deposit-based TRC in Azerbaijan, you need to deposit at least 100,000 AZN into an Azerbaijani bank account. This deposit must remain untouched during the permit period.
No. The deposit must remain in your bank account for the entire duration of your residence permit. Withdrawing the funds may result in cancellation of your TRC.
Yes. After getting your deposit-based TRC, you can apply for dependent residence permits for your spouse and children.
Typically, the deposit-based residence permit is valid for 1 year, and it can be renewed if the deposit remains in place.
No. A deposit-based residence permit does not give you the right to work or run a business. You would need a work permit or business-based TRC for that purpose.