Is Azerbaijan a rich or poor country?

The nation is rich in natural resources, and its economy is heavily based on oil and other energy exports. The country is considered an upper-middle income nation possessing a high level of economic development and literacy. Like many of the former Soviet republics, Azerbaijan has struggled to move to a market economy.

Is Baku a nice place to live?

Baku, Azerbaijan, differentiates itself with low living costs. Our data reflects that this city has a good ranking in housing and safety. Baku is one of the top ten city matches for 1.6% of Teleport users.

Is Baku part of Russia?


Baku Bakı
Country Azerbaijan
Region Baku
• Mayor Eldar Azizov

Why is Baku so rich?

Two-thirds of Azerbaijan is rich in oil and natural gas. The region of the Lesser Caucasus accounts for most of the country’s gold, silver, iron, copper, titanium, chromium, manganese, cobalt, molybdenum, complex ore and antimony.

Can Americans move to Azerbaijan?

In order to apply for a permanent residency visa, foreigners must have been residing in Azerbaijan with a temporary visa for a minimum of two years and provide an official medical certificate confirming that they are able bodied and well.

What is the quality of life in Azerbaijan?

Our data for each country are based on all entries from all cities in that country….Quality of Life in Azerbaijan.

Purchasing Power Index 26.84 Very Low
Health Care Index 45.94 Moderate
Climate Index 91.40 Very High
Cost of Living Index 29.03 Very Low
Property Price to Income Ratio 14.70 High