Given the troubling socio-economic and political situation in Iran, wealthy Iranians are increasingly seeking out second residency abroad. As of 2022, a growing number of Iranian nationals are buying property in Armenia, Turkey, Portugal, Spain, Austria, Azerbaijan and Georgia with a view to obtain residency by investment. Other potentially viable investment residency options include Cyprus, [...]

As of November 2020, Iranian nationals are eligible to apply for the D7 Visa, provided they can meet the mandatory visa requirements. It is, however, very difficult, as foreigners (and Iranians, in particular, are finding opening a Portuguese bank account more challenging in 2022. View the other immigration options available to Iranians here.