Armenia Temporary Residence Visa From India

Most of the former soviet bloc countries – which are relatively new to experiencing the taste of free life of free democratic set-up that sans overt governmental control over every walk of personal and social domains – have started opening up their economies to the outer world. The most prominent of these initiatives include inviting immigrants interested in investing in the future of the economies of these countries.

Peacefully nestled between Eurasia and Asia, a country – Armenia – with a similar history sits pretty on the verge of such an expansive transformation, where the government of the country has prepared an ambitious plan of providing great impetus to the progressive journey of Armenian economy.

As it is a popular proverb that rising stars always manage to pull the attention of the audience in search of some potent performers, this former Soviet republic has finally been able to make a statement; and establish itself as a nation that holds several promises for the immigrants in waiting.

The country is believed to be having a very liberal and relaxed entry permit norms for the aliens – in fact any such law that strictly and closely guides or controls inward movement of aliens is yet to evolve in this country. This aspect is coupled with certain other factors that provide the profile of this state a comparable status and many investors across the world have started considering moving to Armenia – on the basis of investments and business – a possible option.

 Armenia – in the current scenario – is one of the most comparable locations for business investment. It has several virgin areas and sectors that need deeper exploration and development. This nation has everything an investor would need – an environment that fosters and supports development of business. Moreover, the immigration process of this country is quite fast, as well cheap in comparison to other emerging destinations.

The current investment policy being pursued by the government of Republic of Armenia is directed to creating a favorable environment for business and inviting interested immigrant investors to infuse funds into the designated venues. The biggest advantage being offered by the pro-business and investment policy of this country is that, the people moving into making investments are guaranteed following things:

A transparent statutory set-up that fosters business environment and bolsters the confidence of investors – the government guarantees an unprecedented stability in the policy; and an equal treatment to the local and alien investors.

The Armenian government also aims to render national and favored nation, besides providing appropriate guarantee to investors against abrupt changes in the laws and regulations regarding business and investments.   

The new Armenian investment policy has volumes to talk about the benefits it extends to all investing the immigrants entering through the Armenia Temporary Residence Visa, like: 

The immigrants are allowed to establish companies in which they have a 100 controlling interest;

The investors do not need to undergo a strict screening and approval process while proposing and making an investment into a commercial enterprise;

Ownership and procurement of landed properties is although not a privilege of foreigners, companies registered by aliens are allowed to procure real estate.

A whole range tax sops – in form of VAT reliefs on imports;  and no taxes and duties on exports along with VAT relief on exports – await alien business owners and investors.

Guarantees on investments made in the country – this is biggest insurance for the investing individuals; as they are protected by five-year grandfather clause.

 Besides this, individuals getting into this country through Armenia Temporary Residence Visa can also access to free economic zones, policies that permit liberal foreign remittances and profit plough back.