What do I need to know when buying property in Azerbaijan?
When we asked expats what advice they would give a foreigner before buying a property in Azerbaijan, they said...
"When buying property in Azerbaijan, it is important to be aware of the regulations and laws related to purchasing property in the country. You should ensure that you have a thorough understanding of the local property market before making a purchase, as well as having all the necessary documents in order. It is also important to work with a qualified lawyer and real estate agent, as they can provide advice and guidance to help ensure a smooth transaction. Additionally, Azerbaijan operates a transfer tax system, and so should be considered in any budgeting plans. Finally, any transaction should be registered with the appropriate local tax office," remarked another expat in Azerbaijan.
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What do I need to know when buying property in Azerbaijan?
If you live in Azerbaijan, newcomers to Azerbaijan would love to hear your answer to this question: