🇦🇲 Armenia
An affordable Caucasus base with straightforward business-based residency routes
Visa Options
- Visa-Free / e-Visa Entry (up to 180 days (varies by nationality)) — Valid passport; many nationalities visa-free, others via e-visa — verify for your passport
- Temporary Residence via Business Registration (1 year (renewable)) — Register a company or as individual entrepreneur (from Nov 2026: AMD 2M company / AMD 1M sole-entrepreneur capital thresholds — verify current figures)
- Temporary Residence via Employment (1 year (renewable)) — Employer-sponsored work permit application
- Permanent Residence (5 years, then indefinite) — 3 years of temporary residence on a qualifying basis, or family sponsorship
Tax Overview
- Income Tax: Flat rate, approx. 20% on employment income (confirm current rate)
- Micro/Turnover Business Tax: 0–12% depending on activity and turnover regime for registered small businesses
- Profit Tax (general regime): 18%
- VAT: 20%
Cost of Living
- Comfortable living (single, typical): €450 – €750/mo
- 1BR Apartment (Yerevan, center): €350 – €550/mo
- 1BR Apartment (regional towns): €200 – €350/mo
- Groceries: €130 – €200/mo
- Utilities: €60 – €110/mo
- Dining out: €5 – €12/meal
- Public transport: €10 – €18/mo pass
Relocation Checklist
- Confirm visa-free or e-visa entry rules for your passport before travel
- Open an Armenian bank account
- Register a business or individual entrepreneur status if pursuing that residency route
- Apostille and translate required documents
- Book initial accommodation
- Apply for the temporary residence card at the Migration Service
- Register your address locally
- Consult a local advisor on 2026 immigration-law changes affecting your route