There are great opportunities in the business sector of Azerbaijan. The Azerbaijani visa is easily available as you need basic documents like a personal passport. The Asan visa is available by the fast processing channel, this is available even within a matter of 24 hours. You need to submit the processing fee of $ 103.5 and the required documents. The Azeri economy is oil-based but there are great opportunities in the tourism and hospitality sector. Since 2005 the economy has grown but exponentially and there are large investments done in the public sectors.
The Gross Domestic Product was $ 41.37 billion in 2017. It is increased to $ 46.94 in 2019. This shows the exponential increase in the GDP of Azerbaijan. The other thing which is quite critical for Azerbaijan is the hospitality sector. But the country is promoting the tourism sector by making Azerbaijan travels easy for the business.
We are discussing the various reason why Azerbaijan is best for the investments:
Investment opportunities in export:
The Asan visa Azerbaijan is available in a matter of minutes. The government has introduced the 3 ways to process your visa. The visa can be processed by fast processing. For businessmen travel to Azerbaijan is easy and they can invest in various sectors like the hospitality and the hoteling sector. The Asan visa Azerbaijan is available to the business personnel but they just need a letter for the invitation. This is quite attractive for the business personals to travel at their requirements. Import-export investment opportunities can help an entrepreneur to start a new venture or to grow his/her present business. Import-export business thus is also can be initiated on a home-based basis with a small startup capital investment. As your business grows, you will find a lot of expansion opportunities in this business.
They can invest in various sectors as the major sectors
The major exports of the Azerbaijan:
The major exports of Azerbaijan are as follows and there is an exception for oil and gas. The Azerbaijan is a major exporter of oil and gas products, the other major exports of the Azerbaijan are as follows:
- Oil and gas products
- Cotton fiber
- Onion
- Tobacco
- Wine
- Tea leaves
- Cosmetics
- Flowers
- Construction material
You can get e visa for Azerbaijan and can invest in these sectors as the government is encouraging foreign investment into their country.
The Azeri visa processing:
The Azerbaijani visa is one of the most accessible visas for business personnel, as they can get it in a matter of hours. You can get it for 30 days for a single, entry but you can extend the visa up to 90 days provided you have a solid reason but for staying in the country. You can also apply for the Azerbaijani visa for the capital Baku which is quite easily accessible. The Visa processing fee is also variable, you can apply for 3 types of visa processing.
There are 3 types of processing for the business personnel:
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- The urgent processing
- The fast processing
- The normal processing
The urgent processing is available for the Azerbaijani visa only in 24 hours and you need to submit the processing fee of 103.75. For the fast processing visa, the business persons but, usually have to credit the processing fee of $ 71 and you are able to get the visa in less than 2 days. The normal processing usually takes 3 working days and you need to submit the but processing fee of $ 45. Azerbaijan immigration authority introduced an electronic visa for selected countries in January 2017.
Visitors from designated countries can now apply evisa for Azerbaijan online without having to visit an embassy or consulate. The immigration department of Azerbaijan is an official authorization for visa issuance. The immigration department of Azerbaijan is an official authorization for visa issuance. Azerbaijan immigration authority introduced an electronic visa for selected countries in January 2017. Visitors from designated can now apply evisa for Azerbaijan online without having to visit an embassy or consulate.