Iran Opens Long-Term Residency to Foreign Investors

DID Press: Consulate General of the Islamic Republic of Iran in western Herat province announced a temporary suspension of ordinary and tourist visa issuance, while introducing a new five-year special residency program aimed at attracting foreign investors.

According to the official statement, applicants seeking long-term residency must deposit at least USD 250,000 (or its equivalent) in an Iranian bank or financial institution for a minimum of five years.

Additional deposit requirements have been set for families — USD 100,000 for families of up to five members and USD 20,000 for each additional family member.

The process involves three stages: applying for an investor visa, obtaining a multiple-entry visa, and then securing five-year residency permit. Holders of the permit will be eligible for work authorization, healthcare and education services, driving licenses, and investment guarantees for both principal and profit.

The consulate emphasized that applicants should verify their eligibility under the new regulations before submitting applications.