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
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)
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