Armenia Commits to Significantly Boosting Foreign Direct Investments

Montreal (ots/PRNewswire) -

Arton Capital appointed advisors in the process

Arton Capital has been appointed to study and evaluate Armenia's
potential to develop and market an immigrant investor program,
following an invitation from the International Centre for Migration
Policy Development. The ICMPD seeks to promote innovative and
sustainable migration policies around the world. The initiative comes
as a series of steps undertaken by the EU-funded project entitled
Support to Migration and Border Management.

In a series of meetings held in Yerevan this week, Arton's team of
experts had the chance to delve into the local political economy as
well as the existing legal frameworks relating to visa and residency
issuance, naturalization, and laws regarding foreigners.

The concept of citizenship by investment was embraced by high
level officials at the Ministry of Economic Development and
Investments, the Ministry of Foreign Affairs, the Presidential
Administration, the Central Bank, the Police, the State Migration
Service and the Center for Strategic Initiatives.

The government of Armenia shared its strong belief that
alternative means of attracting foreign direct investment are of
primary importance for the country's economic development and future
growth. For their part, the experts from Arton Capital shared their
view that Armenia has the potential to position itself as a unique
investment destination for high net worth individuals from the Middle
East and Asia.

Arton Capital has been tasked with producing a detailed report
that will evaluate the existing infrastructure, outline the best ways
to structure an attractive and sustainable program in accordance with
EU laws, and implement industry-leading due diligence practices.

Many countries in Europe, North America and the Caribbean have
implemented citizenship and residency programs in the past 20 years,
and they have attracted billions in investments. Many more are
considering the implementation of such programs as a highly effective
means of boosting foreign direct investment.

"The direction chosen by Armenia is shared by many others," says
Armand Arton, founder and president of Arton Capital. "As a proud
Armenian, I am honored to offer my years of professional experience
and acute know-how to help the country meet its foreign direct
investment goals."

In support of its philanthropic commitment, Arton Capital has
pledged to donate the consulting fees awarded by the contract to help
refugees in Armenia. More than 20,000 Syrians, many of whom are
ethnically Armenian, have found refuge in Armenia since the Syrian
war began in 2011.

About Arton Capital

Arton Capital (http://www.artoncapital.com/) empowers individuals
and families to become Global Citizens
(http://www.global-citizen.com/) by investing in second residence and
citizenship around the world. This is accomplished through a bespoke
service experience that simplifies complexity and is supported by
long-term relationships.

As a global financial advisory firm specializing in investor
programs for residence and citizenship, Arton plays a critical role
in helping governments, industry professionals and investors meet
their goals quickly, efficiently and effectively.

Arton is the founder of the Global Citizen Forum
(http://www.globalcitizenforum.org/) as well as the Global Citizen
Foundation (http://www.global-citizen.org/). Its global operations
are spread over 15 offices around the world and have helped attract
over US$3 billion in foreign direct investment to various countries.

Arton Capital is a member of The Arton Group
(http://www.arton-group.com/), which comprises fully licensed
international banking, financial advisory and investment consulting
companies tailored to the needs of Global Citizens
(http://www.global-citizen.com/).

Mr. Rupert Wright, media@artoncapital.com, +44(0)7557-371908

ots Originaltext: Arton Capital
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