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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.

Romanian residency routes:

• Employment-based residence (including the Blue Card)
• Digital Nomad Visa - remote workers
• Business / investor routes
• Family reunification
• EU citizen-derivative routes

Cayman Islands residency routes:

• Certificate of Permanent Residence for Persons of Independent Means - qualifying investment
• Residency Certificate (Substantial Business Presence) - operating a qualifying business
• Work permits for employer-sponsored roles
• Family routes

Grenada routes:

• Citizenship by Investment (CBI) via fund contribution or qualifying real-estate investment
• Standard work permits
• Family routes

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.

SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities.

Exempted Companies, LLCs, and partnerships are widely used in fund and holding structures. Economic substance rules apply to relevant activities.

Domestic companies and IBCs are common in international structures.

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.

Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures.

Banking is mature but selective. Source-of-funds documentation is central. Bordercase coordinates introductions through current partners.

Banking is selective. Bordercase coordinates banking introductions through current partners.

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 reunification is supported. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara.

Family inclusion is supported on most residency routes. International schools are concentrated on Grand Cayman.

CBI can include qualifying dependents.

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 Romania:

• Tax residency triggers
• Microcompany regime eligibility
• Processing variations between counties
• Schengen entry / exit rules now apply

Risks Bordercase watches for in the Cayman Islands:

• Economic substance reporting and audit
• Reputational handling around offshore structures
• KYC tightening across the industry

Risks Bordercase watches for in Grenada:

• Programme parameters change
• Due diligence has tightened
• Reputational and revocation risks if information is misrepresented

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 Romanian residency documents:

• Passport
• Criminal record certificate
• Proof of address
• Basis for residence
• Health insurance
• Family certificates

Apostilled and translated to Romanian.

Typical Cayman documents:

• Passport
• Source-of-funds evidence
• Health and police clearances
• Apostilled foreign documents
• Family certificates for dependents

Typical CBI documents:

• Passport
• Due diligence questionnaires
• Source-of-funds evidence (extensive)
• Family certificates with apostille and translation