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Digital Nomad Visa

Armenia

At a glance

Duration

12 months

Non-extendable

14 month(s) delay

Price

$270.00

Tax rate

20%

Overview

The Armenia Digital Nomad Visa is more than just a visa designed exclusively for digital nomads. It serves as a residency permit primarily targeted at foreign business owners who wish to embrace the digital nomadic lifestyle. This program contributes to Armenia's broader "Golden Visa" initiative, which grants foreigners residency privileges in exchange for a minimum annual investment of $150,000.

Remarkably, freelancers, remote workers, and digital nomads are not obligated to demonstrate a specific minimum income threshold to qualify for the residency permit. However, to be eligible for this visa, you must register as a sole entrepreneur.

Upon approval, recipients of this visa are granted a one-year temporary residence permit, with the option to renew it for up to five years. After five years, you may become eligible for permanent residency in Armenia.

As a sole proprietor in Armenia, you are subject to a tax rate of approximately 20%, applicable up to an annual turnover of $60,000. While Armenia has double taxation agreements in place with countries such as China, Canada, Russia, the UK, and select EU nations, it lacks such agreements with the United States and certain other countries. If you originate from a country without a double taxation agreement with Armenia, you may encounter the possibility of paying taxes to both nations if you opt for the Armenia Digital Nomad Visa.

One noteworthy feature of the Armenia residence permit is that it allows you to apply for residency on behalf of your spouse and dependents, enabling them to join you in residing in Armenia. With this permit in hand, you can enjoy life as a digital nomad in Armenia while accessing the country's healthcare and education systems.

Qualifications for the Armenia Digital Nomad Visa

In contrast to numerous other digital nomad visas, obtaining the Armenia digital nomad visa entails relatively few prerequisites. Additionally, the application procedure is straightforward. However, to meet the eligibility criteria, you must fulfill the following:

  1. Possess the capacity to work remotely – you should be capable of providing evidence that you engage in remote work as either a freelancer or a business owner.
  1. Be prepared to register as a proprietor in Armenia – you must be ready to complete the registration process as a sole proprietor, also referred to as a "private entrepreneur."

Benefits

What are the benefits?

  • Valid for 12 months

  • Tax rate is 20%

  • Is extendable

  • Diploma agnostic

Requirements

Prerequisites for the Armenia Digital Nomad Visa

If you are a digital nomad willing to establish yourself as a business owner in Armenia and fulfill your tax obligations while residing there, you qualify for a residency permit. To initiate the application process for this permit, you must compile the following necessary documents:

  1. A valid passport – You are required to submit your current passport when applying for the residency permit.
  1. Passport translation – In addition to your original passport, you must provide an Armenian translation of your passport, officially authenticated by an Apostille.
  1. A completed application form – Fill out the application form for the residency permit accurately and comprehensively.
  1. Proof of registration as a sole proprietor in Armenia.
  1. Medical certificate – Present a medical certificate confirming your good health condition.
  1. Payment receipt – The application fee, which amounts to AMD 105,000 or approximately $265, can be paid online. Ensure you retain a copy of the payment receipt, as it will be required during the application process.

Taxes

Armenia offers a tax exemption to digital nomads on their global income as long as their stay in the country does not exceed 183 days within a calendar year. Should they surpass this threshold, they will be classified as tax residents of Armenia and will then become subject to tax obligations. The applicable tax rate varies depending on the type of income: business income is typically taxed at a rate of 20%, while dividends incur a 5% tax, and interest income is subject to a 10% tax rate.

Tax rate

47%

Who is it for?

The Armenian Digital Nomad Visa is primarily intended for individuals who are digital nomads or remote workers. It is tailored for non-European Union (EU) and non-European Economic Area (EEA) citizens who engage in remote work and aspire to reside and work in Armenia for an extended period. This visa specifically caters to the following categories:

  1. Digital Nomads: Individuals who possess the flexibility to work from any location with an internet connection and choose to travel while working.
  1. Remote Workers: People who hold positions allowing them to work from a location outside their employer's physical office, often on a full-time or part-time basis.
  1. Freelancers: Self-employed professionals offering online services and capable of working from diverse locations.
  1. Entrepreneurs: Those who manage online businesses or startups and can oversee their operations from Armenia.
  1. Location-Independent Professionals: Individuals whose work does not necessitate a fixed geographical location.

The objective of the Armenian Digital Nomad Visa is to attract these groups of individuals to Armenia, promote tourism, boost the local economy, and encourage them to select Armenia as their preferred destination for remote work and lifestyle. It presents an opportunity for digital nomads and remote workers to immerse themselves in Armenia's culture, natural beauty, and way of life while making a positive contribution to the local economy through their presence and expenditures.

What are the steps?

Steps to Secure Your Residency Permit in Armenia

To facilitate your journey through the Armenia digital nomad visa application process, follow the outlined steps below:

  1. Register as a Sole Proprietor

To begin, you must initiate the process by registering as a sole proprietor in Armenia. This step will grant you an Armenian tax ID number. During this registration, you are required to submit the following documents:

  • - A duly completed application form.
  • - Your original passport.
  • - A translated copy of your passport into Armenian, authenticated with an Apostille.
  • - Proof of payment for the registration fee.
  1. Apply for the Residency Permit

Once you have successfully registered as a sole proprietor in Armenia and obtained your tax ID number, allow approximately one month before making your initial tax payment. Subsequently, you can proceed with the application for the Armenia digital nomad visa or residency permit.

You have the option to apply for a temporary residence permit, granting you a one-year stay in Armenia, with the possibility of renewal. Alternatively, you can opt for a permanent residence permit, which is valid for five years and can also be renewed.

Prepare the following documents when applying for your residence permit:

  • - Your original passport.
  • - A translated and apostilled copy of your passport in Armenian.
  • - A valid medical certificate.
  • - Passport-sized photos (measuring 35mm x 45mm).
  • - Proof of business ownership in Armenia.

Please note that there is a registration fee associated with the Armenia digital nomad visa or residence permit. The cost for a temporary residence permit is approximately 105,000 AMD or USD 270, while a permanent residence permit fee is approximately 140,000 AMD or USD 360.

If you choose to submit your application online or remotely, you will need to send your passport to Armenia.

  1. Await Approval

The processing time for your residence permit may take up to two months. During this waiting period, you have the option to stay in Armenia using a different type of visa.

By following these steps, you can navigate the process of obtaining your residency permit in Armenia as a digital nomad with greater ease.

Timeline for approval

The application process can proceed smoothly when you meticulously adhere to the correct steps and assemble all the requisite documents. It's crucial to submit your application well in advance of your intended departure to account for any potential delays.

Typically, the timeline for visa approval spans up to 14 days, not counting weekends and holidays. However, during the peak tourist season, which typically falls between April and September, the Consulate may experience higher volumes of applications, potentially resulting in extended response times.

Days required

14

Consular services

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