The project presented by the RA government attempts to implement the 4th part of Article 13 of the Law "On Citizenship of the Republic of Armenia", according to which the citizenship of the Republic of Armenia can be granted to those who have provided exceptional services to the Republic of Armenia, as well as those who have provided exceptional services to the Republic of Armenia, as well as those who have contributed to the economy, science, education, culture. , persons with a significant contribution in the fields of healthcare and sports.
The description and evaluation criteria of the significant contribution in the fields of economy, science, education, culture, healthcare, sports are defined by the decision of the Government of the Republic of Armenia.
Such standards have not been actually defined to date, and in essence the draft is nothing more than a legal act designed by the RA Police to ensure its actual use.
However, the question arises whether the fulfillment of these criteria will guarantee the receipt of RA citizenship - the answer is clear, no, it will only create a theoretical opportunity to receive RA citizenship.
The justification for the adoption is that as a result of the adoption of the project, persons with significant contributions in the fields of economy, science, education, culture, healthcare, and sports will be granted citizenship in a simplified manner by the Law "On Citizenship of the Republic of Armenia".
The description and evaluation criteria of the significant contribution in the field of economy are:
1) gratuitous provision of funds in the amount of at least 150,000 US dollars for the purpose of supplementing the inviolable capital of a foundation established to carry out activities in the field of education or science.
2) investment in the charter capital (acquisition of shares) of a commercial organization in the amount of at least 150,000 USD for a period of at least 10 years,
3) acquisition of government bonds in the amount of at least 150,000 US dollars, for a period of at least 7 years,
4) acquisition of real estate in the amount of at least 150,000 US dollars, for a period of at least 10 years, with a cadastral value approximated to the market value of the real estate,
5) investment in any investment fund (approved by the state) in the amount equivalent to at least 150,000 US dollars, for a period of at least 10 years,
6) establishment of a company in the field of high and/or information technologies with a capitalization equal to AMD 1 million dollars or more in the Republic of Armenia, provided that the center of vital interests of the founder is located in the Republic of Armenia,
7) establishment of a branch in the Republic of Armenia of a foreign information technology company with a capitalization equal to AMD 100 million or more, which has 500 or more employees in the Republic of Armenia,
8) establishment of a venture fund equivalent to AMD 80 million dollars or more in the Republic of Armenia,
9) financial investment of AMD equivalent to 100 thousand dollars and more in high-tech companies or venture funds,
10) having 20 or more years of work experience in high and (or) information technology companies listed on the New York, Frankfurt or London stock exchanges,
11) long-term (not less than 5 years) active cooperation in the international structures of the postal sector, as well as making financial, material and technical investments in the field, in the amount of AMD equivalent to at least 250 thousand dollars.