In the Economic Freedom Ratings for 2022, Armenia took 11th place out of 165 countries. Possessing all the necessary priorities, Armenia may act as a powerful trampoline to boost business development.

Foreign business owners and investors appreciate the pace of economic reforms, security, freedom and openness of Armenia. As a rule, there are no restrictions on foreign ownership of companies, real estate and other assets.

A residence permit in Armenia gives you the right to visa-free entry and unlimited stay in the country, as well as the right to engage in any legal activity, such as running a business, working, studying, or simply retiring.