Armenia Investor Visa
Armenia Residence for Freelancers, Remote Workers, Online Business Owners
What Armenia Offers
An Armenian residence permit allows digital nomads and remote workers to live in Armenia and legally work for their employer or their own business using telecommunication technologies or otherwise. Armenia is a free and open, democratic country with rich history and traditions, beautiful nature, and a very low crime rate. Digital expats take advantage of Armenia's liberal immigration regulations, low cost of living, and high Internet speed. Residence permits are normally issued for up to five years.
How We Can Help
Our services include collecting, preparing, and filing all necessary documents, as well as serving as your legal representation before immigration authorities through the entire process, until the successful issuance of your residence card. Remote applications are possible.
Benefits of Armenian Residency
Steps and Timeline
- 1Step 1:
An agreement for legal services is entered into between the client and Vardanyan & Partners (V&P) (1 day)
- 2Step 2:
The client travels to Armenia or, in case of remote application, mails the necessary documents to Armenia, including a power of attorney and a legalized copy of his passport (or the original passport) (approx. 2-3 weeks)
- 3Step 3:
The client is registered with the tax office and is issued a taxpayer identification number (2-3 days)
- 4Step 4:
Income from business or employment is reported to the tax office and taxes are paid (approx. 3-6 weeks)
- 5Step 5:
Residence permit application is filed. In case of remote applications, client mails his original passport. After a few days the passport is sent back to the client. (1-2 days or approx. 2-3 weeks in case of remote application)
- 6Step 6:
Residence permit application is examined and approved (30-50 days)
- 7Step 7:
V&P collects the residence permit and delivers or mails it to the client (1 day)
Frequently Asked Questions
What are the benefits of getting a residence permit in Armenia?
An Armenian residence permit grants you and your family members the right to unrestricted stay in Armenia, a free and open, democratic country with rich history and traditions, beautiful nature, and a very low crime rate. Residents can travel visa-free to Armenia and engage in any lawful activities, such as doing business, working, studying or simply retiring. A resident may invite other foreigners to Armenia. Residents enjoy constitutional rights and freedoms, including rights to healthcare, social security, education, property and privacy rights, freedom of speech and religion. Holders of Armenian residence permits do not serve in the military.
If you wish to travel to other countries, holding a residence permit may be required to apply for a visa at an embassy in Armenia. However, the residence permit itself does not grant you the right to travel to other countries.
After how many years will I get an Armenian passport?
You may be eligible to apply for Armenian citizenship after three years of residency. The decision is normally made within 6 months after you apply. The law does not require that you stay in Armenia for a certain number of days. On the other hand, you will have to take a test on the knowledge of the Armenian Constitution in Armenian language. Also, you have to keep in mind that each applicant's case is examined separately and citizenship is not issued automatically. Therefore, we cannot guarantee that you will be granted Armenian citizenship after three years of residency.
What other expenses I will have to incur throughout the process?
You should budget for legal fees as well as certain other expenses, such as government fees, mailing, translation, notarization, etc. Please contact us for more information.
How much taxes am I required to pay?
While there is no amount set by law, as a general rule, it is recommended to report at least $1,000/mo. as that amount is certainly considered sufficient to cover your living expenses in Armenia. Assuming that a normal turnover tax rate of 5% is applied to that income you will pay $50 in business taxes. Other flat taxes generally amount to $30, bringing the total tax bill to $80 per month.
What documents do I have to provide?
You will have to present is a valid passport. A medical check certificate and photographs may also be required. There are no requirements to provide proof of address documents, police clearance certificates, bank account statements etc.
Is it guaranteed that my residency will be approved?
The project is structured in a manner to qualify you and your family members for residency. However, we cannot guarantee the approval because certain factors (e.g. background checks conducted by security agencies) are beyond our control.