Invest in Armenia

Armenia is fast becoming one of the most dynamic and promising destinations for foreign direct investment in the South Caucasus. With record-breaking GDP growth, a liberal pro-business government, low operational costs, and a tech-savvy, multilingual workforce, Armenia offers strategic advantages for companies looking to expand into Eurasian and Middle Eastern markets. Backed by robust free economic zones, generous tax incentives, and rapidly improving infrastructure, this guide provides everything investors need to make informed decisions—from sector-specific opportunities and legal frameworks to practical steps for company formation and local partnerships. Whether you’re exploring manufacturing, ICT, renewable energy, tourism, or agribusiness, this book is your essential roadmap to seizing opportunity in one of the world’s most underrated investment frontiers.

Why Download This Publication?

  • Learn how Armenia achieved one of the fastest GDP growth rates in Eurasia and why global investors are rushing in.
  • Understand Armenia’s powerful market access through its memberships in the Eurasian Economic Union (EAEU), CIS Free Trade Area, and bilateral treaties with countries like Iran, Georgia, Switzerland, and Norway.
  • Explore major tax and operational incentives, including 0% tax regimes in Free Economic Zones (FEZs), grants, R&D subsidies, and fast-track business registration.
  • Discover sector-specific opportunities in ICT, renewable energy, agribusiness, advanced manufacturing, and tourism—complete with real-world investment case studies.
  • Benefit from Armenia’s low overhead costs, with skilled labor costing as little as $300/month and office rents starting at $6/m².
  • Tap into a highly educated, multilingual workforce, with 40% of university graduates in STEM and fluency in English, Russian, and Armenian.
  • See how leading global brands like Picsart, Radisson Blu, and Acciona Energia succeeded in Armenia—and how you can too.

This complimentary resources is provided courtesy of