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Armenia offers an e-visa available to nationals of virtually all countries at evisa.mfa.am. Fee is approximately 31 USD for a single entry; the visa allows a 120-day stay and is not extendable for work purposes.
Available to any nationality with a qualifying basis such as employment, business, or family ties. Armenia is known for its relatively easy and affordable residency process, popular with remote workers and entrepreneurs.
Granted after 3 years of continuous temporary residence. Open to any nationality; applicants must demonstrate stable income and no serious criminal record. Full right to live and work permanently.
Armenia offers visa-free entry to citizens of over 60 countries, including the EU, US, Russia, and many CIS states, for stays typically ranging from 90 to 180 days. Other nationalities can obtain an e-visa online or a visa-on-arrival at Zvartnots Airport in Yerevan. Armenia has gained popularity as a relocation destination, particularly for Russian citizens following 2022 geopolitical events, due to its ease of entry and affordable cost of living.
Armenia generally does not require a separate work permit for foreigners; foreign nationals with a valid residence permit or visa status may work in Armenia with an employment contract. Employers of foreign nationals must register the employment with relevant authorities. The ease of establishing businesses and the lack of burdensome work permit requirements have made Armenia attractive for remote workers and entrepreneurs.
Spouses and children of Armenian residence permit holders can apply for family reunification residence at the Police of the Republic of Armenia (Migration Service). The process is relatively straightforward, requiring proof of family ties and financial sufficiency. Dependent family members may also apply for temporary residence independently once in the country.
Armenia has a flat personal income tax rate of 20%, making tax planning straightforward for expatriates. Corporate income tax is also 18%. VAT is 20%, and Armenia has signed double taxation treaties with around 45 countries. Dividends are taxed at 5%, and capital gains from Armenian-source income are included in general taxable income.
Armenia's public healthcare system is underfinanced and relies heavily on out-of-pocket payments, making private healthcare the preferred option for most expatriates. Private clinics in Yerevan such as Astghik Medical Center and Erebouni Medical Center offer reasonable quality care at affordable prices. International health insurance is recommended for full coverage including evacuation.
Armenia has a functioning banking sector with institutions including Ameriabank, ACBA Bank, and Armbusinessbank. Foreign nationals can open bank accounts relatively easily with a valid passport; some banks also accept non-residents. Russia's isolation from SWIFT since 2022 has made Armenian banks popular conduits for international transfers involving Russian entities, resulting in increased compliance scrutiny.
Armenia does not have a formal golden visa or investor citizenship program, but foreign investors can obtain temporary and permanent residence through business activity. The government has prioritized creating a friendly business environment, with low taxes, a simple company registration process, and a range of incentives for tech and innovation companies, particularly through the Armenia High-Tech Foundation (ISTC).