Foreign citizens planning to obtain Armenian citizenship for investments, as well as to attract labor in the form of non-residents to their own enterprises, need to know what penalties the Armenian legislative framework envisages for such actions. During its journey, Citizenship Invest has successfully processed a second nationality and passports for thousands of clients from over 45 countries across the Middle East, Europe, and Asia. Am 12.10.2020 sind Änderungen zum Staatsangehörigkeitsrecht in Kraft getreten. Eventually if permanent residency is undertaken by the investor and their family then citizenship of the country can usually be applied for. Citizenship for investments in Armenia is available to business visitors of the country who, in accordance with the legislation and regulatory acts of the state, can: In addition, Armenian legislation provides special categories of business visitors that are allowed to get started on job or provide services for a temporary period without the need for a permit. Foreign applicants have to be thoroughly vetted before being granted Armenian citizenship in return for their investments. Invest in a Qualified Investment fund with a minimum value of 350.000 €.. Many people dream of a move to Aruba. The hiring of foreigners by employers without a residence permit or work permit entails a fine in the amount of 100,000 to 150,000 Armenian drams (equivalent to approximately 210 to 310 US dollars). The dual citizenship law must strengthen Armenian's position. Related Programs . Citizenship Investment (you can choose between A and B) A) Government Bonds Refundable (after 5 years): €500,000 for citizenship in 5 years, doubled for Fast-Track option (2 years). Citizenship by Investment. Also, it should be noted that the Republic of Armenia does not limit foreign employers in the number of employees per one company. On the 27th September 2013, the Spanish Government introduced Law 14/2013, in support for entrepreneurs and internationalization, to give non-EU citizens and members of their families the opportunity to obtain a Temporary Residence Permit in exchange for carrying out Real Estate investments in Spain whose value exceeds € 500,000 Euros. specialists or other persons arriving on the basis of international treaties of the Republic of Armenia; teachers of foreign educational institutions who are invited to give lectures in educational institutions of the Republic of Armenia; accredited representatives of foreign media. Armenia is a small Christian country (it was the first country in the world to adopt Christianity as its official religion) which lies high in the mountains of Ararat, mostly surrounded by Muslim neighbours (between 1 million to 1.5 million of the Armenian population of Turkey was killed in the Armenian genocide of 1915-17). ... grandchildren) of an Armenian citizen or of a foreign citizen holding a Special Passport of Armenia, has adequate means of accommodation or property in Armenia and also has legally lived in Armenia for 3 years before applying for a Permanent Resident Card, Naturalisation after 3 years of residency. Portugal. Grenada has the 39th strongest passport and gives its citizens the option of E-2 USA ‘INVESTOR VISA’ that could down the line lead to a Green Card. It is noteworthy, that citizenship of Armenia by investments does not entail renouncement of citizenship of other countries nor creates obstacles for those wishing to renounce it. The economic investment in Armenia is favorable with Government backed incentives including Free Economic Zone (FEZ) . A second passport is also legalized in Georgia, and the applicant can have two passports at once – Armenian and Georgian, and use any of the documents convenient for traveling. Suite #203, Green Corner Building, Riqqa Road, Dubai, UAE ; Sat - Fri 9.00 - 21.00 +971 4 228 0422 ; Suite #3601, HDS Business Center, Cluster M, Near Movenpick Hotel, Dual Citizenship Despite popular belief there are very few European countries that offer residency through investment in real estate. Other countries offer a route to citizenship following a reasonable period of residence, such as Australia, Canada, Greece, Portugal, Singapore, the UK, and the USA. Armenia's immigration-friendly laws make it possible to invest in safe assets, such as vacation property, to acquire short-term or long-term residence status. You are absolutely right, I add it now. Does Armenia offer a route to residency and citizenship through an investor visa? development fund. Armenian government officials have to balance the benefits of the investment for citizenship program with its drawbacks. in the Republic of Armenia; possess apartment/house by ownership right and has established livelihoods in the Republic of Armenia to sustain themselves; have lived in Armenia, in accordance with the law, for a minimum of three years before applying for permanent resident status. ENTRY CRITERIA €100,000 donation. Citizenship by investments in Armenia for non-resident with his own business in Armenia. The currency is Dram and armenian language is spoken widely in the country. Citizenship by investment is the process of obtaining a second citizenship and passport by investing in the economy of the host country. Benefits: No residency requirement. Offshore Pro Group is not a bank, financial institution or payment card issuer. Sponsored Feature . The main sources of immigration law are: It is important to remember that a special work permit will be required for official employment or the provision of services to foreign citizens. Additionally, the following considerations should be borne in mind when looking to obtain citizenship by investments in Armenia with the employment of foreign persons: However, in order to obtain a residence permit, and then citizenship for investments in Armenia, foreigners are required to undergo medical checkups. foreign specialists arriving in Armenia for a period of not more than six months in order to train employees to use equipment; technicians and engineers training personnel to install, repair, operate machinery and equipment; employees of logistics companies and freight forwarding companies supplying machinery, machine tools and other equipment to a branch of a foreign company, or to a legal entity created by a non-resident in the Republic of Armenia; students performing work as part of exchange programs or during the holidays, based on relevant agreements. There are three other ways to qualify for a second citizenship. With our team of over 10 year experience and our vast strong partnerships including different programs in the Eastern Caribbean Region, Turkey & Europe. investment in government-approved . La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. In this article we will present South Caucasian country, Armenia in terms of the possibility of obtaining Armenian citizenship by investment. The dual citizenship law must strengthen Armenian's position. This also qualifies for Armenian passport. Learn how ANYONE can get a Second Passport & Citizenship. Annual quotas for various permits for official employment are not provided at this stage here. An immigration expert from our team will contact you with investment opportunities for residency and citizenship. Tag: citizenship-by-investment. Citizenship by investment programmes offers the opportunity to legally acquire a new nationality in return for an investment in the economy of the host country. Permanent Residency “Special residency status” issued to distinguished foreigners engaged in economic and cultural activities in Armenia. Knows the Armenian Constitution 3. directors or authorized representatives of commercial organizations with foreign capital; employees of commercial organizations of a foreign state. Am 7. They have zero reason to pay for Armenian citizenship, they’re no worse off staying in China. Has permanently resided in Armenia for the last three years 2. With a low-risk investment you can become an owner of a beautiful vacation property and get a temporary residence permit. Turkey Closer Than Ever to Visa-Free Deal With Europe Following Unilateral Liberalization. Several such programmes currently exist in Europe for real estate. Is able to communicate in Armenian language B) Financing Non-refundable: €180,000 for citizenship in 5 years, €100,000 for Fast-Track option (2 years). Tweet. In 2019, the state was included in the list of top countries that provide beneficial, quick, and which is most important – completely legal citizenship by investment in the country’s economy. lack of requirements for mandatory knowledge of the Armenian language by employees of the enterprise; control by the employer of compliance with immigration rules by company personnel; lack of requirements to train or improve the skills of local employees (the legislation of Armenia does not determine any state fees and charges); lack of regular checks by the immigration authorities for compliance with the immigration rules by the foreign investor-employer; Armenian employees and business owners are not required to have health insurance upon employment (with the exception of some licensed activities that require a medical examination and the provision of a health record). Citizenship Invest is one of the oldest most reputable companies within the Citizenship by Investment industry and holds the strongest credentials. “Special residency status” issued to distinguished foreigners engaged in economic and cultural activities in Armenia. More than 20 countries now offer such schemes, which are popular with the wealthy and with those eager to evade taxes, including money launderers, corrupt officials, and organized crime figures. If an employee of a foreign company extends a residence permit, a new labor market test is not required. The legislation of Armenia provides a list of qualified professions and positions that may be occupied by foreigners without having to obtain a work permit. Cambodia is missing. Details are all up in the air. Armenia's immigration-friendly laws make it possible to invest in safe assets, such as vacation property, to acquire short-term or long-term residence status. Aruba visas, residency and citizenship . The Law of the Republic of Armenia “On foreigners”; RA international treaties and other laws regulating immigration relations; government regulations governing various technical issues, including working conditions and immigration rules. Your guide to living in Aruba. €450,000 investment. Larger investments may qualify you for long-term (five years) and special (ten years) residence. Armenia Citizenship. Golden investor visas - All Rights Reserved. -National Flag of Հայաստանի Հանրապետություն (hye) Республика Армения (rus) Currency AMD. Citizenship by investments in Armenia begins with obtaining a residence permit, after which all foreign persons are required to register in the passport and visa department of the RA Police. Yerevan is a bustling and developed city with plenty of pockets of wealth, and it’s a great place to go if you’re looking for a high standard … However, after spending plenty of time in Yerevan, I can certainly tell you that isn’t the case here. Investment programmes require a financial contribution from as low as USD 100,000 to as much as USD 2.5 million. Many countries around the world have offered such citizenship opportunities to foreigners, including the United States, Europe and third world countries. Aside from that, the introduction of dual citizenship in Armenia will encourage investments. Armenian citizenship isn’t worth anything to anyone who wouldn’t already be engaged with Armenia is some way that can get them citizenship. Citizenship by investment in Armenia: family relocation. These include: Foreigners qualified under these categories do not need a work permit. Visa Type: Business visa or residence permit. Let us examine in more detail the ways to obtaining citizenship by investments in Armenia, as well as in the basics of legislative framework applicable to non-residents who wish to set up their business operations in Armenia. prove the existence of close relatives (parent, spouse, brother, sister, child, etc.) To be eligible for this investment option, applicants must meet the following criteria: Make an investment of US$900,000. Here is the list of countries with which   Armenia has a visa-free regime according to bilateral and multilateral agreements as of 2020: Additionally, below is the list of countries whose citizens with all types of passports are unilaterally exempt from the requirement to obtain a visa to enter the Republic of Armenia. Citizenship by investment in Armenia: legislative framework. Any person 18 years or older can apply for Armenian citizenship. Level Immigration – is a one stop for alternative residency and citizenship procurement with the entire process handles by our highly experienced professionals. IMPORTANT LEGAL NOTICE: Offshore Pro Group offers a professional service for international individuals and companies which includes analyzing your banking needs, recommending the best international banks and card issuers for you, and helping you complete the application and account opening process. Search . This also qualifies for Armenian passport. Privacy Policy | KYC/CDD | Refunds & Returns Policy | Contact Us | Terms & Conditions. If you have further questions about Citizenship Program Armenia or any other concerns, please contact us. Special residency status. If Armenia ever offers a Golden Visa program, the recommended price for citizenship could be as low as $50,000, according to a report prepared by a leader in the global immigration and investment services industry. Any person 18 years or older can apply for Armenian citizenship. We’ll look at some of the visas and residency permits that let you live and work on the island. development project. The second passport program gives citizenship options available through a real estate purchase or a cash donation. Under Armenian law a child born to an Armenian father or mother can easily acquire Armenian citizenship, irrespective of the place of birth or residence. Armenian law allows you to trace your ancestry back to your grandparents. At this point, you might be wondering, “why would I want Armenian citizenship?” A lot of people tend to think of former Soviet countries like Armenia as these dark, dismal places that are far behind the rest of Europe in terms of development. Citizenship and Immigration Services. Investment projects. €100,000. We provide a professional and time-efficient service from A to Z, including applications, due diligence and facilitating you in making the finest investment decisions. Spread the word! From start to finish, a citizenship by descent case could take weeks, months or … In other words, your children and grandchildren will be able to … © 2021 OP GROUP INC. Offshore Pro Group. Citizenship-by-investment (CBI) is a process offering individuals fast-track access to a second citizenship and passport in exchange for an investment in a country’s real estate or a donation to a government fund. Previously, Armenian legislation did not provide for this type of residence permit – foreign investors could obtain a residence permit and permanent residence only when they reunited with their family, entered into marriage with a resident of Armenia, or after providing substantive evidence of Armenian origin. Invest in real estate with a minimum investment of 280.000€. Arton Capital, which worked up the numbers for Armenia, specializes in citizenship-by-investment programs, commonly called Golden Visas. It is one thing to make investments in Armenia out of a feeling of moral obligation toward the homeland. However, initially foreign investors enter Armenian territory with one of 4 visas: All businesspeople, non-resident investors, as well as persons arriving in Armenia for the purpose of employment, apply for a V -7 visa (with the exception of crew members). Citizenship-by-investment (CBI) is a process offering individuals fast-track access to a second citizenship and passport in exchange for an investment in a country’s real estate or a donation to a government fund. Most Popular. June 23 rd 2016 European Countries – Real Estate Golden Visas. Citizenship; Investment Visas; Expat Stories; Moving To ARUBA; Helpful Resources; Love this article? Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Whereas with citizenship by investment, the timeline is written out in black and white and is normally 4-6 months, the citizenship by descent processing times tend to vary wildly. Armenian citizenship in a simplified manner can be granted through naturalisation for a person with an Armenian origin or with an Armenian predecessor. Please note our website remains a guide. If the question relates to temporary employees or non-resident specialists holding a position in a foreign or local company, employees may be hired without permit. In this case, the level of sustainability is considered sufficient if the foreign investor possesses adequate funds to cover the costs of own living and that of family members who are under guardianship or are the dependents of the foreign investor. Armenian government officials have to balance the benefits of the investment for citizenship program with its drawbacks. Citizenship. Jan 9, 2020 - Armenia is one of the most advanced as well as scenically beautiful countries in Europe and has a rich and diverse cultural history. In fact that there is currently no citizenship program for this country, we would like to draw your attention to our new Vanuatu Citizenship by Investment Program. Under article 13 of the Armenian law on citizenship (No. To this category belong: The process of obtaining a work permit in Armenia can last about 30-40 business days from the date of application. Click the button above for a no-obligation quote. 16 of Nov. 6, 1995) a foreigner can apply for Armenian citizenship if he or she: 1. I’m done, for 2020, says beaten Venus By Reuters . Citizenship for investment in Armenia: what happens in case of violations. Within five working days after receiving information provided by the employer, the controlling body, in the manner prescribed by the legislation of the Republic of Armenia, enters the information into the employment database, compiles the data, and then refers the candidates (applicants) to the employer. Oktober 2020 RUS Änderungen im Staatsangehörigkeitsrecht. Anonymous June 5, 2020 at 2:54 am. tucanoprod January 4, 2020 at 2:23 pm. The corporate immigration system of the Republic of Armenia, passport and visa departments are managed by the Ministry of Internal Affairs. Grenada’s citizenship by investment and second passport program is the only program in the Caribbean that allows Visa Free access to China. Subject to T&C - No Spam - Unsubscribe any time. Its many imposing castles are juxtaposed against the backdrop of scenic rural beauty that brings alive the true meaning of the countryside, while at the same time providing all the conveniences one can expect from modern developed society. The process of applying for Armenian citizenship through ancestry is straightforward. All citizens are eligible to get a Visa by Investment(Golden Visa) Choose 1 option for your application for a Visa by Investment. The main industries are diamond-processing, metal-cutting and machinery. These include: In all of the above cases, hired personnel (non-residents) receive a visa allowing them to reside in Armenia with the aim of working in representative offices of foreign companies. Australia offers residence by investment schemes for business innovation and investment. Our global network of immigration experts and lawyers can get you the help you need. Investor stream (A$ 1 million) Significant investor visa (A$5 … Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. Share. 2. 44. Citizenship by Investment in Armenia:  corporate immigration rules. The purchase can be made by an … 7. Pin. to a Montenegrin government. Australia. If you are interested in the opportunity to obtain Armenian citizenship by investment, please contact our lawyers by e-mail info@offshore-pro.info. Citizenship for Investment in Armenia: Visas overview. Armenia ranks 29th out of 162 economies according to the 2018 Report. Aside from that, the introduction of dual citizenship in Armenia will encourage investments. Armenian Canadians (Western Armenian: գանատահայեր, Eastern Armenian: կանադահայեր, kanadahayer; French: Arméno-Canadiens) are citizens and permanent residents of Canada who have total or partial Armenian ancestry. The legislation of the Republic of Armenia clearly defines the categories of immigrants under which employees are permitted to obtain work permits on the basis of investments or through establishment of a subsidiary or corporate presence in Armenian jurisdiction. More than 20,000 Syrians, many of whom are ethnically Armenian, have found refuge in Armenia since the Syrian war began in 2011.” Countries offering such a program require from foreigners different levels of investment to qualify for citizenship. So far, it is too early to determine if … Armenia produces and exports diamonds, copper, zinc, gold and lead. Citizenship by Investment Immigration by Investment and Tax Residency Incorporate your Company International Bank Account Options Strategic Internationalization. Armenian investment and trade policies are considered to be the most open in the CIS. Citizenship for investments in Armenia is issued after permanent residence in the country for 5 years. Investor visa and citizenship by investment programme news. How to Obtain Armenian Citizenship by InvestmentA Case for Armenia as a Second Citizenship Opportunity “Where liberty dwells, there is my country.” – Benjamin Franklin (1783) The entire notion of obtaining a second citizenship is unfortunately so far removed from the domain of public discourse that the mere concept strikes the average person as equally foreign as […] by other persons who are deemed dependents of the non-resident who has obtained citizenship of the Republic of Armenia. Armenia is a landlocked country situated between the Black Sea and the Caspian Sea, bordered on the north and east by Georgia and Azerbaijan and on the south and west by Iran and Turkey. work in Armenia under an employment contract; provide services under a service contract. We make what looks like an expensive and difficult option, affordable and complex free. September hat die Zeitschrift Professional Wealth Management (PWM), ein Magazin der Financial Times, die vierte Ausgabe ihres Jahresberichts A Guide to Global Citizenship: The CBI-Index 2020 veröffentlicht. Citizenship of a child in case of loss of citizenship of the Republic of Armenia by parents: A child under the age of 14 (fourteen) years whose parents who have lost the citizenship of the Republic of Armenia will also lose the Republic of Armenia citizenship if he/she acquires the citizenship … Citizenship by investment programs legally confer citizenship status faster than traditional immigration processes and do so without requiring investors to put their lives on hold. All Rights Reserved. https://en.liberated.blog › armenian-citizenship-by-investment To summarize some key benefits of Armenian citizenship: Armenia allows dual citizenship, has established a wide range of privileges and preferential terms for doing business on an international scale, as well as for traveling to many countries of the world. Today the situation has changed – foreigners receive citizenship by investments in Armenia for special services to the state, including for their contribution to the development of the economy. Contact our advisors at La Vida for up to date information and an assessment for your personal circumstances. World. Our specialists will guide you through the process of collecting and submitting all the required documents and will support you throughout the process of obtaining citizenship by investment in Armenia. Alternative to the old Swiss Codename Bank Account, Citizenship by investments in Armenia: instructions for a foreign investor, Diplomatic, Official and Service passports only, Hong Kong (Special Administrative Region of the People’s Republic of China), Diplomatic, Service and Special passports only, Macao (Special Administrative Region of the People’s Republic of China). Every Armenian citizen, including a foreigner, who has received a second passport of the Republic of Armenia, has the right to submit documents for obtaining a residence permit for family members: The status of a permanent resident is granted to a foreigner if they: The status of a permanent resident can also be granted to a foreigner of Armenian origin or to a foreigner carrying out entrepreneurial activities in the Republic of Armenia. Zypern stoppt zum 1.11.2020 das „Citizenship by Investment“-Programm, nach dem bei Nachweis von Investitionen in Höhe von mindestens 2,5 Millionen Euro die Staatsangehörigkeit erworben werden konnte. Naturalisation after 3 years of residency. tucanoprod June 6, 2020 at 11:25 am. Registration of a residence permit lasts approximately 30 business days. Top Stories; World; Entertainment; Politics; Technology; Business; Sports; Armenia; Contact Us; Home Tags Citizenship-by-investment. Arton Capital recommends that Armenia require the small amount of $50,000 as a minimum investment for a foreigner to become a citizen. Given the novelty of that formal employment permits, prospective foreign employers should know how to formalize labor relations and remuneration for hired employees. Level Immigration is an emerging leader in provision of citizenship and residency by investment professional consultancy services. Our global network of immigration experts and lawyers can get you the help need! 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