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Economy
Russian nationals in Armenia plan to extend their stay
Many of Russian nationals, who relocated to Armenia after the start of the Russian- Ukrainian military conflict, decided to prolong their stay in Armenia, according to Armenian Central Bank Chairman Martin Galstyan, who told a press conference today that this trend was backed by the findings of surveys.
13.06.2023, 18:52
Economy
Departure of Russian nationals may force Armenia’s GDP to drop by 5-10%- EDB Center for Country Analysis
The departure of Russian nationals (who arrived in Armenia after Russia launched the so-called ‘special military operation’ against Ukraine in 2022 February) may result in 5%-10% decline in Armenia’s GDP, according to Alexei Kuznetsov, head of the Centre for Country Analysis at the Eurasian Development Bank (EDB).
09.06.2023, 10:14
Business
About 110,000 Russian nationals chose Armenia for residence- minister says
About 110,000 Russian nationals moved to Armenia last year, Economy Minister Vahan Kerobyan told Russian daily ‘Vedomosti.’
16.03.2023, 11:57
Business
Armenia recorded a 7.5 thousand increase in number of highly paid non-resident workers
The number of highly-paid non-resident workers in Armenia was up by 7.5 thousand people in early January 2023, compared to a year ago, deputy chairman of Armenian Central Bank Armen Nurbekyan said at the Amundi-Acba 2023 economic forum on Tuesday in Yerevan.
01.02.2023, 12:24
Technology
Armenia becomes new global platform for relocated foreign nationals
Armenia has become a new global platform for relocation of foreign nationals and will remain as such regardless of wars, the Executive Director of the Union of Advanced Technology Enterprises (UATE) Hayk Chobanyan said at a press conference on Wednesday.
25.01.2023, 17:11
Business
Armenian MP proposes combining Armenia and Russian income tax platforms to help Russians who moved to Armenia
Khachatur Sukiasyan, an Armenian MP from the ruling Civil Contract party, proposed combining the income tax platforms of Armenia and Russia to help Russian nationals who have moved to Armenia in recent months, avoid additional tax liabilities in their home country.
26.12.2022, 18:32
Economy
Gagik Makaryan on problems of investors in Armenia and peculiarities of local labor market
In an interview with ARKA news agency, Chairman of the National Union of Employers of Armenia Gagik Makaryan speaks about the current situation in the labor market after the influx of mostly Russian nationals, as well as names major problems investors face in the country.
22.11.2022, 16:09
Society
Foreign nationals concluded 197 property purchase deals in Armenia in June, 2022
In June 2022, foreign nationals concluded 197 transactions for the purchase of real estate in Armenia. Of those 123 deals were completed by citizens of Russia, 20 by citizens of European countries, 29 – by U.S. citizens, 8 – by citizens of Iran, 6 – by citizens from CIS countries (excluding Russia) and 17 deals were made by citizens of other states.
10.08.2022, 11:32
Society
The number of foreign nationals applying for Armenian citizenship has sharply increased- Deputy Police Chief
The number of foreign nationals applying for Armenian citizenship has sharply increased in the first half of 2022, Deputy Police Chief Ara Fidanyan said today at an extraordinary parliamentary session.
07.07.2022, 12:52
Society
Incarcerated foreign nationals in Armenia may ask for asylum
Armenia’s parliament has passed today in the second and final reading a set of amendments to the Criminal Procedures Code and the Law "On the detained and arrested persons."
19.10.2016, 17:45
Business
Foreigners not obliged to apply for work permit in Armenia
The Armenian government has suspended today a provision of the law that obliges foreign nationals to apply for a work permit in Armenia.
11.08.2016, 15:43
Incidents
Russian aircraft brings 246 stranded Armenian nationals to Yerevan
A Russian emergency situations ministry’s aircraft has operated a total of five flights to Armenia from South Ossetia in the Russian North Caucasus to bring 246 Armenian citizens stranded at Upper Lars border crossing on Russian-Georgian border, blocked by a massive mudslide on June 23.
01.07.2016, 18:09
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Armenian Finance Ministry revealed today the reason behind a sharp decline in exports in 2024 December by 48.6%.
Armenian Finance Ministry reveals reason behind sharp decline in exports in December