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Pick up to 4 countries and see residency, company, banking, family, and risk notes line up. No prices, no marketing packages - just the working notes.

 AM flagArmenia

Europe

TR flagTürkiye

Europe

RO flagRomania

Europe

OverviewArmenia has become an accessible relocation and operational base since 2022, with a maturing IT sector, simple residency routes, and a competitive tax framework. Bordercase coordinates with licensed Armenian partners for filings.Türkiye offers a range of residency routes from short-term tourist residency to longer-term investor / family / work routes. Bordercase coordinates with licensed Turkish lawyers for filings.Romania is an EU member state with structured residency routes, accessible company formation, and competitive costs for founders and remote professionals. Bordercase coordinates with licensed Romanian partners.
Best for
  • Founders
  • IT professionals
  • Tax simplification
  • Banking diversification
  • Regional hub
  • Citizenship by investment
  • Cost of living
  • Regional residency
  • Families
  • Founders
  • Digital nomads
  • EU access
  • Cost of living
CurrencyAMDTRYRON
LanguageArmenianTurkishRomanian
Time zoneUTC+4UTC+3UTC+2
EU memberNoNoYes
SchengenNoNoYes
Residency

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.

Türkiye residency routes:

  • Short-term residence permit (1-2 years, renewable)
  • Family permit
  • Work permit - employer-sponsored
  • Student permit
  • Citizenship-by-investment via real estate or qualifying deposits / investments

Romanian residency routes:

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

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.

Limited Şirket (LLC) and AŞ (Joint Stock) are common structures. Notary registration, tax registration, and a tax representative are typically required.

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

Banking

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 banking for residents is broadly accessible; non-resident corporate banking has tightened. Source-of-funds and ownership clarity are central.

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

Family

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 on most routes. International schools (English, German, French, Italian) are available in Istanbul and Ankara.

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

Risks

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 Türkiye:

  • Restricted residency zones (some districts no longer issue short-term residency to foreigners)
  • Currency volatility on investment routes
  • Shifting policy on the citizenship-by-investment programme
  • Banking documentation requirements tighten regularly

Risks Bordercase watches for in Romania:

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

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 Türkiye documents:

  • Passport
  • Biometric photos
  • Proof of address
  • Proof of income or savings
  • Health insurance
  • Criminal record certificate
  • Marriage / birth certificates for family

Documents apostilled and translated to Turkish.

Typical Romanian residency documents:

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

Apostilled and translated to Romanian.

Country pages stay the authoritative source. This view is a side-by-side; nothing here promises a particular outcome.