Azerbaijan
How Azerbaijan performs
Tax
Lighter than most. Taxes here are below average: Azerbaijan is 28th of 123. Most people keep a good share of their income and business profit. Personal income tax 3% - 25%, corporate tax 20%, VAT 18%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Some concerns. Azerbaijan is less peaceful than most countries in the index (88th of 117). Look closely at the area you would live in.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Very affordable. Azerbaijan is one of the cheapest places to live in the index, 23rd of 118. Your money goes a long way here.
Source: Numbeo Cost of Living Index
Education
Average education. Education is mid-table: Azerbaijan is 72nd of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 20% |
|---|---|
| Personal income tax | 3% - 25% Tax rate varies depending on amount of income earned and nature of employment |
| Standard VAT | 18% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- YesProficiency in Azerbaijani language
- Investment Immigration Pathway
- Azerbaijan Residence Permit by Investment
- Official language
- Azerbaijani (Azeri)
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina