Real Estate in Armenia

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Armenia To Return Taxes In 3 Years If Invested $2.5 M

Invest In Armenia and get taxes back in three years. According to a new project that the government of Armenia will unveil soon those investors who invest 2.6 million or more dollars in the real estate and construction industries in Armenia will receive their taxes back in three years. The deputy finance minister of Armenia Mr. unveiled some details of this investment stimulus after the today's government meeting in Yerevan.

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Mortgage lending in Armenia grows to 25.4 billion AMD in 2006

Mediamax reports that the Chairman of the Central Bank of Armenia Tigran Sarkisian said during the annual meeting of the Association of mortgage market participants of Armenia that the mortgage crediting has growin in Armenia in 2006, reaching to 25.4 billion AMD.

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