AM country scene

Permanent Residence — Business Activity

ArmeniaStarting a business

Explore the five recorded questions, answers and sources for this pathway.

Official link

Is this for a founder, startup entrepreneur, self-employed person, freelancer, company owner or another business profile?

This route is for a person engaged in entrepreneurial (business-owner/self-employed) activity in Armenia: a foreign national qualifies for permanent residence status by justifying that he or she is engaged in entrepreneurial activity in Armenia.

See recorded sources
  • Requirements
    To acquire permanent residence status in Armenia, a foreign national shall justify that:
  • Requirements
    he or she is engaged in entrepreneurial activity in Armenia.

What must actually exist or be demonstrated: business plan, company, innovation, clients, contracts, economic activity, job creation or other substance?

The checked official sources did not provide enough route-specific evidence to confirm what business substance, such as a company, business plan, contracts or economic activity, must be demonstrated for permanent residence on the entrepreneurial-activity ground.

See recorded sources
Limits of the record
  • The page does not specify which documents must be submitted to substantiate entrepreneurial activity in Armenia (e.g. company registration, business plan, tax filings).
  • Required documents
    documents substantiating the grounds for acquiring (or extending) residence status in the Republic of Armenia

What investment, capital, income, revenue, funding or viability evidence is central to this pathway?

The page states no minimum investment, capital, income or revenue threshold for this ground; it only requires documents substantiating the entrepreneurial-activity ground relied on.

See recorded sources
Limits of the record
  • The page states no minimum investment, capital, income or revenue figure for the entrepreneurial-activity ground.
  • Requirements
    he or she is engaged in entrepreneurial activity in Armenia.

What business/self-employed activity may the holder conduct? Are there important restrictions? What is the family position where clearly stated?

The checked official sources did not provide enough route-specific evidence to confirm what business activity the holder may conduct, any restrictions, or the family position for this route.

See recorded sources
Limits of the record
  • The page does not describe restrictions on the business activity permanent residents may conduct, nor the family position of holders.
  • Requirements
    he or she is engaged in entrepreneurial activity in Armenia.

What approval/application sequence applies, how long is the status granted, how is it renewed, and what longer-term residence direction is officially stated?

Application is made in person at the Migration and Citizenship Service (14 Tairov Street) after an online appointment; the card is issued within 30 days (extendable by 30 days) for a 5-year term with the possibility of extension. The official source does not describe a route from this status to Armenian citizenship.

See recorded sources
Limits of the record
  • This page's fee paragraph is textually labelled for "temporary residence status" even though the page covers permanent residence status; treat the AMD 140,000 figure with that inconsistency in mind.
  • The page does not describe a route from this status to Armenian citizenship.
  • Page intro
    After submitting the application for permanent residence status, the foreign national receives a supporting document – the permanent residence card – which is issued for a period of 5 years with the possibility of extension.
  • Processing time and procedure
    A residence card is issued within 30 days after the application is submitted. In accordance with the Law of the Republic of Armenia “On Fundamentals of Administrative Action and Administrative Proceedings,” the period may be extended for an additional 30 days.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

Your story.
Your next step.

Get your free results