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.
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Updated Real Estate Prices in Yerevan and Retirement Opportunities in Armenia
According to official statistics published by the Cadastral Office, the real estate market in the center of Yerevan has demonstrated significant growth, with a notable increase in the last year. From April 2023 to March 2024, average prices per square meter in the city center rose from $2,102 to $2,295, reflecting a 9.2% annual increase. This steady upward trend is part of a larger surge observed over the last decade, where prices soared from $1,021 in 2012 to $2,073 in 2023, totaling a 103% increase. This growth was particularly marked by a dramatic 42.4% rise from 2021 to 2022.
Retirement in Armenia
To help you make an informed decision, we cover several key aspects of retiring in this country.
Tax Considerations: Armenia offers a tax-friendly environment, with no tax on pensions or insurance income, capital gains, gifts, and inheritance.
Visa and Residency: Armenia is known for its liberal immigration laws, allowing nationals of many countries to visit visa-free and stay long-term. For detailed information on visa and residency requirements, please visit our website.
Safety and Security: Armenia ranks as one of the safest countries globally. For current safety rankings and crime statistics, refer to Numbeo's Safety Rankings.
Connectivity and Internet Access: The country boasts high-speed, affordable internet, ensuring you stay connected with loved ones and global happenings effortlessly.
Property Ownership: Foreigners face no restrictions on owning real estate and most land types, providing flexibility in finding your ideal home.
Cost of Living and Domestic Assistance: The cost of living is relatively low, and affordable labor makes it easier to find domestic help. Detailed cost information is available on Numbeo.
Healthcare System: Armenia has an accessible healthcare system with both public and private options, and health insurance is reasonably priced at around USD 200-500 annually.
Community and Social Integration: Vibrant expatriate groups such as the Armenian Repatriates Network and Expats in Republic of Armenia provide excellent resources for networking and integration.
Our Services
Visa & Residency
Legal & Compliance
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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.
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.
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What Clients Say
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.
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.
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Nadine B.
The company is the great team of professional specialists. They have formally defined mature processes, that helps to serve client's requests clearly, on time, without red tape and bureaucracy.
Maxim 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
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.
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.