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PurgatoryAsia

Armenia

10%effective individual rate

10% capital gains tax. Armenia has attracted tech talent post-2022 with a growing startup ecosystem and crypto-friendly environment.

FATCA Partner

Yes

FATF Status

Clear

EU Blacklist

No

Dual Nationality

Allowed

CARF Status

Not yet committed

Bitizenship

Not yet

Tax Rates

Capital Gains Tax10%
Income Tax on Crypto20%
Corporate Tax18%
VAT on Crypto20%

Activity Taxes

Staking

10%

Mining

Taxed as income

DeFi

10%

NFTs

10%

Taxable Events

Crypto → Fiat

Taxable

Crypto → Crypto

Taxable

Holding Period

No holding period benefit

None

Regulation & Residency

Regulatory Body

Central Bank of Armenia

Residency Requirement

Easy residency; various visa options

Reporting Requirements

Annual tax return

Citizenship & Residency Path

Easy residency; citizenship after 3 years (fast for diaspora)

Resilience & Plan B

Jurisdictional Resilience

How well-equipped this jurisdiction is for a crypto holder who wants stability, access, and protection.

6.3

JRS

Institutions
5/10
Banking Access
5/10
Tax Clarity
8/10
Business Env.
6/10
Privacy
5/10
Geopolitical
10/10

Institutions (25%), banking (20%), tax clarity (20%), business (15%), privacy (10%), geopolitical (10%). Full methodology →

Plan B Readiness

How fast you can go from “I want to move” to “I’m a tax resident with banking and optionality.”

6.5

PBR

Business Ease
6/10
Citizenship Path
7/10
Dual Nationality
10/10
Quality of Life
5/10
Safety
7/10
Bitizenship
3/10

Business ease (25%), citizenship path (20%), dual nationality, quality of life & safety (15% each), Bitizenship (10%). Full methodology →

Notable Conditions

  • 10% CGT
  • Growing tech hub
  • Easy residency
  • Post-2022 tech talent influx

Living & Lifestyle

Cost of Living

Low

Banking Access

Moderate

Quality of Life

Moderate

Lifestyle Scores

Safety7/10
Healthcare5/10
Institutions5/10
Business Ease6/10
Int'l Schooling3/10
Privacy5/10

Bitizenship

Citizenship & Residency by Investment

Bitizenship structures CBI and RBI programs where your investment capital maintains indirect exposure to Bitcoin, while satisfying all legal requirements of the program. A new category at the intersection of citizenship planning and digital assets.

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