Foreign citizens who have secured their investment licence using capital from abroad with the consent of Iran's Economic and Technical Assistance and Investment Organisation are granted visas.
Following approval by the Ministry of Economic Affairs and Finance, foreign applicants who spend at least 250,000 USD or the equivalent in other currencies in banks with long-term deposits or more in Iran would be given a five-year residency visa.
In order to be eligible, you must,
The following documents must be provided while applying for this visa,
Foreign businessmen and investors can use their friends and family in Iran or organisations, corporations, and travel agencies connected to Iran to apply for visas, get them, and submit all required paperwork to the embassy.
Visa Processing Time
The investment visa for Iran is usually processed within 4 months time. However, the processing time may differ depending on various factors. Therefore, it is best to contact the nearest embassy to confirm the visa processing time.
How to Apply
You can use the general steps listed below to apply for an investment visa in Iran:
Duration
Foreign people or businesses can live in Iran for five years with an investment visa. The quantity of the investment, the length of the project, and other investment-related parameters may be used to estimate the precise duration.
Fees
Apart from the minimum investment of 250,000 USD, the applicants are supposed to provide a visa application fee. The visa may cost around 100 USD, however, you are advised to visit the nearest embassy to know the exact fee.
How can I apply for an investment visa extension?
You will normally need to submit the necessary paperwork and an application to the appropriate Iranian authorities in charge of processing visas in order to request an extension.
Can I work in Iran with an investment visa?
Iran's investment visas principally allow for the conduct of business involving investments. Depending on the type of employment you plan to have in Iran, you may need to apply for additional permits or work visas.