Eurasia & Balkans · South Caucasus
Armenia
The region's only jurisdiction combining unrestricted dual citizenship with a genuine three-year naturalisation path — but its most useful status closes on 1 November 2026 and its banking proposition for Russian nationals has substantially broken.
Tax position
- Income tax (top)
- 20% — schedular rather than truly flat: 20% on employment and interest, 10% on royalties and lease income, 5% on dividends, 10%/20% on property sales
- Capital gains
- 0% on securities and on property sold to individuals; 10%/20% withheld if real estate is sold to a legal entity
- Wealth tax
- none
- Inheritance tax
- none
- Special regime
- High-tech regime 2025–2031: either 1% turnover tax (turnover up to AMD 115m, at least 90% qualifying IT) OR general 18% CIT plus 10% PIT for R&D staff, a 200% salary deduction and 60% PIT reimbursement — the two are mutually exclusive. Micro-business: 0% turnover tax up to AMD 24m
- Territorial
- No — worldwide income taxed
- CFC rules
- No
- Exit tax
- No
- CRS
- Participating
1 route into Armenia
Closed — listed so you do not chase them
Is Armenia actually right for your family?
We will tell you if it is not. That is the whole service.