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Investors can obtain a residence permit in Armenia without being actively involved in day-to-day management of the business. Armenia has liberal immigration laws that allow various ways of becoming a resident, such as investing in existing businesses or in agriculture. Purchasing an existing business or a share in one can also qualify an investor for residency.

Armenia offers temporary and permanent residence permits to digital nomads and their family members, who can apply remotely with only a valid passport. There is no minimum stay requirement. After three years of residence, it is possible to apply for Armenian citizenship and dual citizenship is allowed. The cost of living in Armenia is low and there are many investment opportunities available.

Armenian citizenship provides visa-free travel to 65 countries, which includes nations that are restricted to western nationals. Having dual citizenship in Armenia can serve as an "insurance policy" and can be passed down to future generations or renounced

Armenia requires a work permit for most foreign nationals to work in the country, except for highly skilled foreign specialists, business owners, executives, and certain other categories of workers. The permit must be applied for by the legal employer and is issued for the duration of the employment contract but no longer than one year.

The special residence permit, which is issued in the form of a passport, is valid for 10 years and can be extended indefinitely in 10-year increments. It is generally issued to foreigners of Armenian origin and, in some exceptional cases, non-Armenians engaged in economic or cultural activities in Armenia.

An Armenian residence permit allows visa-free travel and unrestricted stay in the country and the right to engage in any lawful activities, such as working, studying, or retiring. Foreigners who are residents in Armenia are required to have a registered address for official notices and other purposes. 

Armenia provides a range of benefits for business owners, including quick and simple registration processes, affordable registration fees, minimal tax burdens, no restrictions on foreign ownership, and the opportunity for residency and citizenship. The country also boasts a highly educated yet low-cost workforce, a favorable investment climate, and a thriving diaspora community.

An Employer of Record (EOR) is a third-party that hires and pays an employee on behalf of another company, handling all employment tasks such as payroll and compliance with labor laws. EOR services allow companies to streamline international growth, reduce liabilities and compliance risks, and convert freelancers and contractors into employees.

To deal with various government agencies and banks, one can apply for and obtain a social security number (SSN). Additionally, any person can apply for and obtain a tax identification number, and a tax residency certificate can be issued to those who have spent at least 183 days in a year in Armenia or to those who have their "center of vital interests" in Armenia.

Foreigners can register their marriage in Armenia without any requirement to reside in the country or show other ties to it. The process is usually fast, taking as little as two business days. Remote registration with a power of attorney may also be possible.