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Common Armenian residency routes:

• Temporary residence - issued for 1 year, renewable; granted for work, study, business, family, or Armenian ancestry
• Permanent residence - typically 5 years renewable; available after qualifying temporary stay or other qualifying ground
• Special residence - 10-year status for individuals of Armenian descent or those of significant value to Armenia
• Family reunification - spouse, children, dependant parents

Many nationalities can enter visa-free or with a simple e-visa for up to 180 days, which is often used to plan the right route.

Mauritius residency routes:

• Premium Visa - remote work
• Occupation Permit - investor / professional / self-employed
• Residence Permit by property purchase - within approved schemes
• Family routes

Bahamian residency routes:

• Economic Permanent Residence - qualifying property investment
• Annual residence permits for HNW
• Work permits - employer-sponsored
• Family routes

BVI presence options:

• Work permits - employer-sponsored
• Residency for HNW under specific programmes
• Limited tourist / business visit arrangements

Standard Armenian entities and tax treatment:

• LLC (Sahmanapak Pataskhanatvutyamb Enkerutyun) - the default private entity; fast online formation
• Individual Entrepreneur (IE) - simple setup; Turnover Tax regime at 5% (or category-specific rates) for qualifying small businesses
• IT Sector incentives - certified IT companies have historically benefited from reduced corporate tax and payroll incentives (programmes are revised periodically)
• Standard CIT is 18%; dividend withholding is 5% for residents

Bordercase coordinates structure choice to match real activity and current incentive frameworks.

GBC (Global Business Company) and Domestic Companies are the standard structures. Substance requirements following OECD reforms must be considered; the GBC framework has evolved materially.

IBCs (International Business Companies) are widely used; substance and reporting are now real. Funds and family-office structures are common.

BVI Business Companies (BVI BC) are the standard structure. Economic substance applies to relevant activities; UBO reporting is mandatory.

Personal and corporate banking is broadly accessible through Ameriabank, ACBA Bank, Ardshinbank, and others - typically with USD, EUR, RUB, and AMD accounts. Onboarding is straightforward for clean cases; expect source-of-funds questions for larger flows. Bordercase coordinates introductions where useful.

Local banks support resident and corporate accounts; KYC and source-of-funds requirements are real. Bordercase coordinates banking introductions.

Banking is selective and source-of-funds focused. Bordercase coordinates introductions through current partners.

Banking access has tightened materially; EMIs are common supplements. Bordercase coordinates introductions for cross-border cases.

Family reunification is supported across most routes. English-language international schools are available in Yerevan. Healthcare is a mix of public and private; private cover is recommended for relocating families.

Family inclusion is supported. International schools are available in major regions.

Family inclusion is supported on most routes. International schools are concentrated on New Providence.

Family inclusion follows the main route. International schools are limited.

Risks Bordercase watches for in Armenia:

• Tax residency triggers - 183 days makes you tax-resident under Armenian rules
• IT certification scope - incentives apply only to certified, qualifying activities
• Russia/EAEU exposure - Armenia is part of EAEU; some structures benefit from this, others raise sanctions/banking flags
• Source-of-funds scrutiny for non-standard transfer corridors
• Permit renewals - documentation continuity matters across cycles

Risks Bordercase watches for in Mauritius:

• Substance reform impacts on Global Business Companies
• FATCA / CRS reporting on related accounts
• Mauritian residency vs physical-presence-based tax residence elsewhere
• Banking introductions vary by activity

Risks Bordercase watches for in the Bahamas:

• Economic substance reporting
• Property due diligence
• Reputational handling around offshore structures

Risks Bordercase watches for in the BVI:

• Economic substance reporting
• UBO disclosure and beneficial ownership reform
• Reputational handling around offshore structures

Typical Armenian residency documents:

• Passport (6+ months valid)
• Proof of basis (employment, business, study, ancestry, family)
• Proof of accommodation
• Health insurance
• Bank statements / proof of income
• Criminal record certificate (apostilled, where required)
• Marriage / birth certificates for family routes

Apostille and certified translation into Armenian where required.

Typical Mauritius documents:

• Passport
• Criminal record certificate
• Proof of income / investment
• Health insurance
• Accommodation evidence
• Marriage / birth certificates for family

Apostille where required.

Typical Bahamian documents:

• Passport
• Source-of-funds evidence
• Health and police clearances
• Apostilled foreign documents

Typical BVI documents:

• Passport
• Source-of-funds evidence
• KYC for all UBOs
• Apostilled foreign documents