Foreign investments

Armenia

According to the World Bank, Armenia takes the first place in terms of FDI appeal among Commonwealth of Independent States. The Armenian government has created a favorable environment for foreign investments by introducing new laws and conditions. The country was named '"The Caucasian Tiger" because of the substantial economic growth in observed in the early 2000s. Some of the measures to attract FDI include free economic zones (FEZ) with relaxed laws, also, profit tax, VAT, and property tax benefits. In particular, The Most Favored Nation (MFN) and National Treatment regimes are in effect, and the government has an "open door" policy with ongoing legal protection to encourage international investment. A highly beneficial business environment is guaranteed for international investors under the law "On Foreign Investments." Additionally, it guarantees the protection of foreign capital invested in Armenian businesses and permits limitless involvement. Research shows that Cyprus, Germany, Netherlands, UK, and France have made a total investment of US$1.4 billion in the period 2007–2013. Between 40%-53% of all foreign investments in Armenia between 1988 and 2022 originate from Russia.