Citizenship and Residency Investment Progams

In an era where global mobility and security are more valued than ever, citizenship by investment (CBI) and residency by investment programs offer unparalleled opportunities to individuals seeking to expand their horizons. From the sun-kissed beaches of the Caribbean to the historic landscapes of Europe and beyond, these programs not only provide a path to a second passport or residency but also open doors to a world of possibilities—be it for business expansion, education, lifestyle enhancement, or simply the freedom to travel. 

Reach Out to Us

Address

4/3 Pirumyanner, 4th Floor, Suite 12 , Yerevan, 0054, Armenia

Phone

+37499001167

Overview of Programs

1

Caribbean & Pacific Passports

Gain citizenship in exotic locales: Caribbean and Vanuatu.

2

Worldwide Citizenship Paths

Diverse CBI options: Malta, Turkey, Egypt, Cambodia, and Jordan.


3

Europe Residency by Investment

Secure your residency in Europe: Greece, Hungary, Latvia, and more.


Caribbean & Pacific Passports

The Caribbean's citizenship by investment programs offer unique benefits set against the backdrop of stunning landscapes and welcoming communities. Each program presents distinct advantages: 

  • Dominica is most accessible for individuals, with costs starting at $109,750.
  • Antigua and Barbuda offer the best value for couples ($148,600) and small families ($153,200).
  • St. Lucia provides the most economical option for larger families, with costs for three ($184,000) and four children ($200,000).
  • St. Kitts and Nevis boast the most powerful passport with access to 158 countries.
  • St. Lucia stands out with its government bond investment option.
  • Antigua and Grenada extend eligibility to include unmarried siblings.
  • Antigua uniquely requires a minimal physical stay.
  • Grenada is exclusive in offering an E-2 visa treaty with the US, appealing to those looking towards business opportunities in the US.

Following a recent MoU signed by the Prime Ministers of Antigua & Barbuda, Dominica, Grenada, and Saint Kitts & Nevis, it is anticipated that these programs will share a minimum investment threshold of $200,000 in the near future. Our comparison chart below offers a detailed look into each program.

Criteria

Antigua and Barbuda

Dominica

Grenada

St. Kitts and Nevis

St. Lucia

Vanuatu

Investment Options

Minimum Donation

$100,000

$100,000

$150,000

$250,000

$100,000

$130,000

Minimum Real Estate Investment

$400,000

$200,000

$220,000

$400,000

$200,000

N/A

Minimum Investment in Government Bonds

N/A

$300,000

N/A

Program Details

Processing Time

3-4 months

3-6 months

3-5 months

4 months

3-4 months

1-3 months

Application Processing Fee

$30,300

$1,250

$3,000

$350

$2,000

N/A

Applicant Due Diligence Fee

$7,500

$7,500

$ 5,000

$10,000

$8,000

$5,500

Interview Fee

$1,500

$1,000

N/A

Minimum Holding Period for Real Estate Investment

5 years

7 years

5 years

N/A

Family Inclusion

Children Age Limit

Under 30

Unmarried, under 31

Dependent

Under 26

Under 31

Under 25, unmarried

Parents Age Limit

Over 55

Over 65

Over 55

Over 65

Over 55

Over 65

Siblings Inclusion Criteria

Unmarried

N/A

Over 18, unmarried, no children

N/A

Under 18

N/A

Cost (USD)

Cost for 1 Adult

$139,300

$109,750

$159,000

$260,350

$110,000

$135,500

Cost for 2 Adults

$148,600

$169,500

$218,000

$317,850

$156,000

$155,500

Cost for 2 Adults + 2 Children

$153,200

$201,000

$222,000

$367,850

$168,000

$185,500

Cost for 2 Adults + 3 Children

$195,500

$229,250

$249,000

$417,850

$184,000

$200,500

Cost for 2 Adults + 4 Children

$212,800

$257,500

$276,000

  $467,850

$200,000

$215,500

Additional Requirements

Minimum Stay Requirement 

5 days/year

N/A

Interview

Yes

Yes

No

Yes

No

No

Program Benefits

Passport Validity

10 years

10 years

5 years

10 years

5 years

10 years

Henley Passport Ranking

27th

34th

31st

26th

31st

59th

Visa-Free Travel or Visa on Arrival

Schengen countries, Singapore, Hong Kong

80 countries, incl. Bosnia, Israel, Malaysia, Montenegro, Russia, Seychelles

150 countries, incl. Albania, Brazil, Chile, Lebanon
Macedonia, Seychelles,
South Africa,
South Korea, Tunisia, UK

137 countries, incl. Brazil, China, Israel, Seychelles,
South Korea,
Uruguay

145 countries, incl. Argentina,
Brazil, Chile,
China, Israel,
Russia,
Seychelles,
South Korea, UK,
Uruguay

158 countries, incl.  Albania,
Argentina, Brazil,
Chile, Israel,
Lebanon,
Macedonia, Russia, Tunisia,
UK, Uruguay 

148 countries, incl.   Argentina, Chile,
Israel,
Seychelles,
South Korea,
Tunisia, UK  

E-2 Visa Treaty with the US

No

Yes

No

Country Profile

Non-Eligible Countries

Afghanistan
Iran

North Korea

Somalia
Sudan
Yemen

Belarus
North Korea Northern Iraq

Russia

Sudan

Yemen

Belarus
Iran
North Korea

Russia

Afghanistan

Belarus

Iran
Iraq
North Korea

Russia

Belarus

Iran
Russia

Iran

Iraq

North Korea

Yemen

Population

93,000 (22,000 in St. John's)

72,000 (14,500 in Roseau)

112,000 (33,700 in St. George's)

53,000 (14,000 in Basseterre)

184,000 (20,000 in Castries)

319,137 (51,437 in Port Vila)

Human Development Index

(higher score is preferable)

0.82, 54th

0.74, 97th

0.79, 73rd

0.83, 51st

0,72, 109th

0.61, 140th

Political Stability Index (higher score is preferable)

82.55

95.75

85.38

82.55

77.83

83.02

Criminality Score (lower score is preferable)

2.98

2.63

2.93

3.52

3.53

2.43

Antigua and Barbuda

• Beekeeping & honey production
• Greenhouse (flowers, vegetables, berries, herbs, lemons, etc.)
• Dried fruits (apricots, prunes, peaches, etc.)
• Winemaking
• Vegetables (celery, asparagus, broccoli, etc.)
• Poultry farming & hatchery operation
• Berries (strawberry, blackberry, raspberry, etc.)
• Cattle farming
• Sheep & goat farming
• Pig farming
• Fish farming (crawfish, caviar, etc.)
• Herb growing (herbal teas, spices, medicinal herbs, stevia)
• Dried herbs and medicinal herbs
• Wild harvest
• Paulownia tree farming
• Crops (buckwheat, emmer wheat, etc.)
• Corn farming
• Cotton farming
• Mushroom farming, harvesting
• Snail farming
• Horse breeding

Dominica

• Cold storage for fruits and vegetables
• Slaughterhouse
• Fish processing
• Cheese making, milk processing
• Meat processing
• Canning, packaging, freezing, etc.
• Juice
• Compote, jam, syrup, concentrate, pickles
• Mushroom processing
• Vodka (grape, apricot, apple, plum, etc.)
• Brandy, fruit & herbal wine, tinctures
• Pasta manufacturing
• Processing of wild harvest (canned fruits, berries, herbs)
• Flour milling
• Oil production (olive, linseed, grape seed, etc.)
• Livestock feed manufacturing
• Organic fertilizer production
• Leasing of farm equipment

Grenada

• Guest house, bed & breakfast
• Camping & glamping
• Wooden, light-structure, treehouse cottages
• Rest area (shelter, food, WC, market, souvenir shop, etc.)
• Co-living space
• Workcation space
• Rental of recreational vehicles
• Travel agency
• Souvenir shop
• Gastronomy & wine tourism
• Restaurants (café, pavilion, gastro-yard, etc.)
• Craft tourism
• Archeological tourism
• Adventure tourism
• Hiking trails & tours
• Horseback riding
• Mountain climbing
• Cave tourism
• Off-road tours
• Rental of all-terrain vehicles
• Bicycle rental station
• Mountain bike trails & tours
• Fishing
• Eco-village
• Birdwatching
• Winter tourism (ski lodges, ski equipment rental)
• Rental of snowmobiles
• Recreational & athletic facilities
• Amusement park
• Skating rink
• Zip line
• Ropeway

St. Kitts and Nevis

• Gas station
• Auto parts
• Auto pawnshop
• Car wash
• Car service station
• Carsharing
• Help with buying used cars

St. Lucia

• Children's center
• Play rooms and playgrounds
• Kindergartens
• Goods for kids
• Children's clothing
• Mental math
• Toys and games for children
• Children's' hairdressing salons

Contact Us for Assistance

Whether you have a specific concern or just need some preliminary advice, our team is here to help. Fill out the form below, and one of our experts will reach out to you shortly. No strings attached, and absolutely free.

2024.03.29 CBI

Your Details:

Goals and Preferences:

What are your primary goals for obtaining a new citizenship or residency? (Select all that apply)
Which countries or regions do you wish to access visa-free? (Select all that apply))

Investment Preferences:

Preferred investment option for obtaining citizenship or residency:

Timeline and Family

Family members also applying:

Residency Plans:

Your Privacy Matters to Us
Rest assured, any information you provide will be treated with the utmost confidentiality. We firmly believe in the principle of data privacy. That means we will not sell, rent, or lease our contact lists to any third party, and your personal details will never be handed over to individuals, government agencies, or companies.

11

Decade-strong: 11 years of unmatched expertise in immigration and business matters.

4.9

A 4.9/5 rating on Google Business underscores our commitment to excellence and client satisfaction.

95%

Boasting a stellar success rate of 95% in obtaining residency/citizenship for our clients.

Worldwide Citizenship Paths

In the landscape of global citizenship by investment programs, Malta stands out with one of the strongest passports, offering visa-free travel to coveted destinations including the USA, Canada, Australia, Japan, and the UAE. However, the Maltese program's high cost—potentially 10 times more than a Caribbean counterpart—and its lengthy processing time of over a year highlight the premium placed on its extensive travel freedoms. On the other hand, the Turkish CBI program presents a compelling investment opportunity, particularly with its short 3-year real estate holding period. Despite its attractiveness from an investment standpoint, the higher minimum real estate investment of $414,000, inclusive of acquisition taxes, and the lack of visa-free access to Schengen countries somewhat limit its appeal compared to Caribbean options. Egypt's program offers citizenship through real estate investment without additional fees for family members, providing a more accessible pathway despite the Egyptian passport's limited visa-free travel to only 59 countries. Jordan's CBI program, requiring a substantial $1 million investment, and Cambodia's primarily donation-based approach, might not entice those prioritizing global mobility due to the relative passport strengths and investment demands. These nuances across different jurisdictions underscore the varied objectives and considerations investors must navigate when selecting the CBI program that best aligns with their goals for investment, family inclusion, and international travel.

Criteria

Malta

Turkey

Egypt

Cambodia

Jordan

Investment Options

Minimum Donation

€ 610,000

AND

€700,000

N/A

$250,000

$245,000

N/A

Minimum Real Estate Investment

$414,000

$300,000

N/A

N/A

Minimum Investment in Government Bonds or Bank Deposits

N/A

$500,000

$500,000

N/A

 $1 million

Program Details

Processing Time

14-18 months

3-6 months

6-12 months

3-4 months

3-6 months

Application Processing Fee

€8,000


$10,000

$85,000

$10,000

Applicant Due Diligence Fee

€15,000 

N/A

N/A

N/A

$5,000

Interview Fee

N/A

Minimum Holding Period for Real Estate Investment

5 years

3 years

5 years

N/A

6 years

Family Inclusion

Children Age Limit

Under 29, unmarried

Under 18 or disabled

Under 21, unmarried

Under 18

Under 18, unmarried

Parents Age Limit

Over 55 

N/A

Financially dependent

Siblings Inclusion Criteria

N/A

Cost 

Cost for 1 Adult

€1,333,000

$415,000

$260,000

$330,000

$1,015,000

Cost for 2 Adults

€1,397,000

$415,574

$260,000

$335,000

$1,020,000

Cost for 2 Adults + 2 Children

€1,525,000

$416,722

$260,000

$345,000

$1,030,000

Cost for 2 Adults + 3 Children

€1,574,000

$417,296

$260,000

$350,000

$1,035,000

Cost for 2 Adults + 4 Children

€1,638,000

$417,870

$260,000

$355,000

$1,040,000

Additional Requirements

Minimum Stay Requirement 

N/A

Interview

N/A

Program Benefits

Passport Validity

10 years

10 years

7 years

10 years

5 years

Henley Passport Ranking

5th

53rd

89th

88th

88th

Visa-Free Travel or Visa on Arrival

190 Countries, incl. Schengen, USA , Canada, UK, Singapore, Hong Kong, South Korea, Japan, UAE

118 countries, incl. Hong Kong, Japan, South Korea, and Singapore

59 countries, incl. Hong Kong, Jordan, Iran
 

59 countries, incl. Singapore, Iran, Indonesia, Caribbean countries
  

61 countries, incl. Hong Kong, Indonesia, Turkey, Caribbean countries

E-2 Visa Treaty with the US

No

Yes

Yes

No

Yes

Country Profile

Non-Eligible Countries

Afghanistan

Belarus
DRC
Iran
North Korea

Russia
Somalia
Sudan
Syria
Venezuela
Yemen

Armenia

Cyprus

Cuba

Nigeria

North Korea Syria 

Israel

N/A

N/A

Population

518,536 (6,675 in Valletta)

86.04 million (5.66 million in Ankara)

111 million (9.54 million in Cairo)

16.77 million (2.23 million in Phnom Penh)

11.29 million (4 million in capital Amman)

Human Development Index

(higher score is preferable)

0.92, 25th

0.86, 45th

0.74, 103rd

0.6, 148th

0.73, 99th

Political Stability Index (higher score is preferable)

80.66

13.68

14.15

44.81

35.38

Criminality Score (lower score is preferable)

5.00

7.03

5.05

6.85

4.93

Our Services

Visa & Residency

  • Visa application
  • Visa extension
  • Invitation letter
  • Residence permit
  • Work permit
  • Citizenship

Legal & Compliance

  • Address registration
  • Social security number
  • Tax ID number
  • Tax residency certificate
  • Tax compliance services
  • Health insurance

 Investment

  • Personal bank account
  • Corporate bank account
  • Company registration
  • Real estate
  • Stocks and bonds
  • Bank deposits

Europe Residency by Investment

When navigating the diverse landscape of European residency by investment programs, potential investors have several considerations to weigh, starting with the budget. For those inclined towards making a contribution rather than a traditional investment, Malta presents the lowest financial entry through donation. Conversely, Hungary and Latvia emerge as the most accessible for traditional investments, each requiring a minimum of EUR 250,000. Despite these differences in investment type—ranging from real estate opportunities in Spain, Greece, and Latvia, to investment funds in Hungary and Portugal, and donations in Malta—all these countries offer the significant advantage of visa-free travel within the Schengen zone. Malta, however, adds layers of complexity with additional prerequisites like property rental and a minimum net worth of 500,000 euros. On the path to citizenship, Portugal distinguishes itself with its expedited timeline of eligibility in just five years, coupled with a minimal physical presence requirement of seven days per year, offering a unique blend of accessibility and flexibility. Meanwhile, Malta's pathway to naturalization also spans five years but demands a more substantial residence period of 48 months, posing a contrast in the commitment required to achieve citizenship.


Greece

Hungary

Latvia

Malta

Portugal

Spain

Investment Details

Minimum Investment

€275,000

€ 250,000

€250,000

€300,000

€500,000

€ 500,000

Investment Type

Real Estate

Real Estate Fund

Real Estate or

Government bonds

Real Estate

Venture Capital Fund

Real Estate

Non-Investment Requirements

N/A

N/A

Minimum income of €15,480

Minimum net worth of €500,000, donation of €2,000, property lease of €12,000

N/A

Minimum income of €28,800

Minimum Holding Period for Investment

5 years

5 years

5 years

5 years

5 years

5 years

Program Specifics

Processing Time

3- 4 months

3 months

1-3 months

4-6 months

12 months

5-7 months

Residence Permit Validity

5 years

10 years

5 years

5 years

2 years

5 years

Minimum Stay Requirement

N/A

N/A

N/A

N/A

14 days/ 2 years

N/A

Application Processing Fee

€2,000

TBD

€12,650

€68,000

€8,500

€153

Family Inclusion

Children Age Limit

Under 21

Under 18 or dependent

Under 18

Financially dependent

Under 18 or dependent

Under 18 or dependent

Parents Age Limit

Any age

Over 65 or dependent

Disabled

Dependent

Over 65

Dependent

Siblings Inclusion Criteria

N/A

Costs

Cost for 1 Adult

€277,000

€250,000

€262,650

€370,000

€508,500

€500,153

Cost for 2 Adults

€277,150

€250,000

€262,650

€370,000

€517,000

€500,306

Cost for 2 Adults + 2 Children

€277,150

€250,000

€262,650

€370,000

€534,000

€500,612

Cost for 2 Adults + 3 Children

€277,150

€250,000

€262,650

€370,000

€542,500

€500,765

Cost for 2 Adults + 4 Children

€277,150

€250,000

€262,650

€370,000

€551,000

€500,918

Citizenship and Residency

Dual Citizenship Allowed

Yes

Yes

No

Yes

Yes

No, with exceptions

Eligibility for Citizenship

7 years

8 years

10 years

5 years

5 years

10 years

Minimum Stay Requirement for Citizenship

Continuous Residence

Continuous Residence

Continuous Residence

48 months/ 5 years

14 days/ 2 years

183 days per year

Other Requirements for Citizenship

Citizenship test in Greek language, history and culture, being a tax resident, no criminal record

Citizenship test in Hungarian language

Citizenship test in Latvian language, history and culture, nor ciminal record, tax or other debts

Knowledge of Maltese or English

Language test in Portuguese, clean criminal records, no tax liabilities

Knowledge of language, history and culture, no criminal record or debts

Additional Considerations

Visa-Free Travel

Schengen countries

Local Employment Allowed

No

No

Yes

Yes

Yes

Yes

Population

10,432,481 (643,452 in Athens)

9,597,085 (1,763,913 in Budapest)

1,842,226 (609,489 in Riga)

519,562 (5,827 in Valetta)

10,343,066 (548,703 in Lisbon)

48,592,909 (3,223,334 in Madrid)

Human Development Index

(higher score is preferable)

0.89, 33rd

0.85, 47th

0.88, 37th

0.92, 25th

0.87, 42nd

0.91, 27th

Political Stability Index (higher score is preferable)

49.06

67.92

60.38

80.66

75.94

53.3

Criminality Score (lower score is preferable)

5.35

4.62

3.9

5

4.88

5.9

What Clients Say

Their meticulous attention to detail, unwavering dedication, and commitment to ensuring their clients' needs are met are truly admirable. I strongly recommend Vardanyan & Partners for their exceptional legal services.


ALI E.

As an American living in Armenia, I definitely need legal representation to help guide me through the many rules and regulations here, and I am happy that Vardanyan & Partners has been able to do just that.

JOHN B.

The team of Vardanyan & Partners led us through the whole process seamlessly by navigating the bureaucracy end to end. Extremely professional yet personal and friendly service.

MATI H.

Overall, I felt it could not have been any better. Everything was taken care of so smoothly, effortlessly, and managed very
well. 


JAGDISH N.

It is always daunting when dealing with immigration, visas in a foreign country. The team at Vardanyan & Partners made the process for registering the business and applying for residency so much easier. I had no worries at all. The team overall really went out of their way to accommodate and assist us.

NADINE B.

The team members were all professional, knowledgeable and most importantly, honest. They are hard-working and patient and were always responsive to my messages and questions. What I like most is, they are very well organized and have a modern system of work.

H. RASSA

Why Choose Us

Decade of Excellence

Over 10 years of specialized experience in immigration and business setup.

Tailored Solutions

Our team of locally licensed, English-speaking attorneys specializes in immigration, incorporation, and compliance matters, providing bespoke legal strategies for each client.

Fast & Fluent Communication

We prioritize your concerns with a 24-hour response policy and communicate effectively in both English and Russian.

Client-Centered Approach

At Vardanyan & Partners, client care is paramount. Our emphasis on honesty and transparency ensures that you are always informed and confident in your legal journey.

Secure Transactions

Benefit from our secure online payment system without the worry of hidden charges.

Reputable & Reliable

Established in 2012, Vardanyan & Partners has built a reputation for excellence and reliability. With our team, you are not just hiring attorneys; you are partnering with insured legal experts committed to your success.

What Makes Armenia a Good Choice for Residency

No Stay or Visit

Maintaining residency in Armenia does not require physical presence; remote application is possible.

Fast and Easy

The residency application usually takes about 80 days and only a valid passport is required. 

Family Covered

Residents can sponsor extended family for residency (parents, siblings, grandchildren, etc.) 

Citizenship Path

After living in Armenia for three years, citizenship can be obtained. Dual citizenship is allowed.

Nerses Isajanyan

Managing Attorney

LL.M., Georgetown University

Licensed Attorney, Armenia: License no. 903

Licensed Attorney, New York: License no. 5148945

Our firm's reputation rests on more than just legal expertise. We pride ourselves on the values of honesty, transparency, and an unwavering commitment to client care. We recognize the unique opportunities and challenges Armenia presents, and we are here to guide you through them.

For inquiries or to schedule a consultation, you may contact us at [email protected] or +374.99.00.11.67. I look forward to collaborating with you on your journey in Armenia.

Where to find us

Nestled in the heart of the Davtashen district in Yerevan, our office is a stone's throw away from the Migration Service building, ensuring seamless coordination on immigration matters. If you refer to the map above, you will pinpoint our exact location. For those journeying from the city center, anticipate a brief 20-30 minute taxi ride to reach us. We look forward to welcoming you and addressing your legal needs.

Address

4/3 Pirumyanner, 4th Floor, Suite 12 , Yerevan, 0054, Armenia

Phone

+37499001167

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