In recent years, citizenship by investment programs have become increasingly popular among global citizens seeking greater travel freedom and migration flexibility. One such program that offers an affordable and efficient route to second citizenship is the Armenian Citizenship-by-Investment Program. As a member of the Eurasian Economic Union (EAEU), Armenia provides visa-free access to Russia and other CIS countries, making it an attractive option for visa-free mobility. This article will explore the key features, benefits, eligibility criteria and application process for Armenian economic citizenship, with a focus on how it can facilitate global mobility for investors and their families.
Armenia’s Strategic Location Offers Regional Access
Located at the crossroads between Europe and Asia, Armenia is strategically situated to offer regional access. With Armenian citizenship, investors gain the right to live, work and study anywhere in the Eurasian Economic Union member states of Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia itself. This unlock visa-free entry to a market of over 180 million people, without needing to obtain Russian residency rights first.
Fast and Straightforward Application Process
The Armenian citizenship by investment program has a fast and straightforward application process compared to other CBI options. There is no interview, education or language requirements. The entire application can take as little as 2-3 months with proper preparation. Applicants simply need to make a one-time non-refundable contribution of $100,000 for a single applicant, $130,000 for a family of four, and $15,000 for each dependent thereafter.
Dual Citizenship Allowed under Armenian Law
Armenia permits dual citizenship, so investors do not need to renounce existing nationality. The country has no residency requirements and citizens can live anywhere in the world after obtaining the passport. Armenian passports have a 10-year validity and holders only need to visit Armenia once every 5 years to maintain citizenship status.
Visa-Free Access to Over 60 Countries
The Armenian passport provides visa-free entry to over 60 countries including the 26 Schengen Area states as well as the UK and Ireland. It also allows holders to travel freely to Russia and most former Soviet nations without the need for an entry visa. The passport gives the flexibility to easily visit major global destinations.
In summary, Armenia’s Citizenship-by-Investment program offers an affordable pathway to global mobility. The strategic location provides EAEU access, the straightforward process enables fast approval, and the travel benefits open doors to over 60 visa-free destinations. For investors seeking a Plan B passport or global mobility, Armenian economic citizenship is worth considering.