IT & Tech · Yerevan, Armenia

IT & Tech Companies — Real estate and relocation in Yerevan

Capeto Estate works specifically with IT and technology companies relocating to Yerevan. We source full buildings for engineering teams, coordinate legal and banking setup under Armenia's High-Tech Industry Law, and operate natively in English, Russian, and Chinese. We've moved teams under 48-hour deadlines. We stay with you past the contract signing.

Quick Answer
  • Full-building hotel leases for IT engineering teams of 20–120+ — our primary offering for tech companies
  • 1% turnover tax under Armenia's High-Tech Industry Law — we coordinate registration via legal partners
  • 48–72 hours to first shortlist when timelines are urgent — we've done it under pressure
  • Infrastructure verified — fibre internet, power, office capacity checked on every property we present
  • English, Russian, Chinese — WeChat, Telegram, WhatsApp are all primary channels
  • Legal, banking, immigration coordinated via active partner network — one engagement, not three separate contractors
01 — Who We Work With

Software teams, gaming studios, fintech, and beyond.

The majority of our IT engagements fall into three categories — though we work with any engineering-led business considering Yerevan as a primary or secondary base:

  • Software development & outsourcing studios — teams relocating from Russia, CIS, or China looking for a stable operational base with access to European and US clients
  • Gaming studios (mobile, PC, console) — companies prioritising creative talent, low operating costs, and a geopolitically neutral base for international publishing
  • Fintech and crypto companies — operations requiring a favourable regulatory environment, banking access, and a credible business address outside higher-scrutiny jurisdictions

Geographically, our IT clients come predominantly from Russia and the CIS and China and East Asia, with a growing number from the Gulf region and Western Europe. We're one of very few agencies in Yerevan that can work comfortably in all three language environments simultaneously.

02 — What We Do for IT Companies

Full-building leases. Office sourcing. Everything else around them.

Our IT-specific offering is built around one core insight: engineering teams don't move like corporate delegations. They move fast, under pressure, and they need a base that works on day one — not three weeks later. Everything we do reflects that.

Full-building hotel leases

Our signature offering for IT teams. Yerevan has a number of hotel buildings with functioning room infrastructure — beds, bathrooms, common areas — that can be leased as a single block at rates far below equivalent distributed accommodation. For teams of 20–120+ people, this means the whole team lives in one building, operations stay coherent, and cost-per-person drops substantially.

We verify every property for fibre internet connectivity (and backup options), power reliability, and realistic office conversion capacity before presenting it. We've turned down properties that look good on paper and fail on connectivity.

Office and commercial space

For companies that want a formal office rather than (or in addition to) residential-hotel accommodation: we source and negotiate standalone office leases across central Yerevan. We know which buildings have reliable generators, which have 24/7 access, and which landlords will negotiate flexible terms for tech tenants.

High-Tech registry and company setup

Armenia's High-Tech Industry Law offers registered technology companies a 1% turnover tax (vs. standard 18%) and a flat 10% income tax for employees. We coordinate the registration process through our legal partners — it typically runs in parallel with move-in, and can complete in 2–4 weeks. Company registration itself takes 1–3 business days.

Eligible sectors include software development, IT services, R&D, gaming, and fintech. Capeto Estate can refer you to the legal partner who handles the application — initial consultation is free.

Banking and corporate accounts

Opening corporate and personal accounts in Armenia is faster and less restrictive than in most European jurisdictions — but it still requires knowing the right contacts. We introduce clients to banks we have active relationships with, which shortens timelines and reduces the back-and-forth that trips up companies going in cold.

Immigration and visa support

Citizens of most countries can enter Armenia visa-free for up to 180 days. For longer stays, residency via company registration is the standard route. Our immigration partners handle permit applications, residency registrations, and employee documentation across all team nationalities.

03 — Case Study

70 people. 5 days. One roof.

2026 · Verified Technology Company Relocation · Yerevan

In 2026, a technology company of 70 professionals reached out to Capeto Estate under extreme time pressure. As the US-Iran conflict escalated and Dubai came under threat, the team had no emergency relocation plan — and the situation was moving faster than they could manage.

Forty team members had already made it to Yerevan and were scattered across separate, expensive short-stay hotels — fragmented, without a proper base. The remaining 30 were due to fly in within three days. They needed a single building capable of housing all 70 people, with functioning office space, immediately.

Within 48 hours, Capeto Estate sourced and presented five viable properties. Every one met the brief. The team selected one. While contracts were being drafted, we coordinated the move of those already in Yerevan into the new building as existing bookings vacated — room by room, day by day, without disrupting operations.

By day five, all 70 people were under one roof. Contracts signed. Team together. Work resuming.

70 Professionals relocated
48h To first shortlist
5 Days, start to finish
5 Properties presented

Client details are withheld by mutual agreement. Case study shared with client permission.

Relocating a team to Yerevan?

Tell us your team size and timeline. We'll tell you what's realistic.

04 — Why Armenia for IT

Tax, talent, stability. All three, in one city.

Tax
1% turnover tax for tech companies
Armenia's High-Tech Industry Law offers registered tech companies a 1% turnover tax rate — compared to 18% standard, and far below UAE (9%), Georgia (15%), or EU rates.
Talent
50,000+ tech professionals post-2022
The post-2022 migration wave brought over 50,000 tech professionals to Armenia. Local hiring is competitive. Many are senior engineers from Russian and CIS companies now based permanently in Yerevan.
Education
Deep STEM tradition
Armenia has had one of the Soviet bloc's strongest mathematics and computer science traditions. Yerevan State University and the American University of Armenia produce consistent technical talent.
Infrastructure
Reliable infrastructure. Western standards.
24/7 electricity, widespread fibre broadband, stable mobile networks. No filtering or content blocks. Yerevan operates on Western internet infrastructure — no VPN required for standard business tools.
Geopolitics
Neutral jurisdiction. No sanctions exposure.
Armenia is not subject to Western sanctions and maintains working relations with both Russia and the EU. For companies navigating complex geopolitical positions, Yerevan offers a credible, clean base.
Cost
Low operating costs vs. Dubai or EU
Full-building hotel accommodation runs at a fraction of equivalent Dubai or European rates. Local engineering salaries are competitive but significantly lower than Western markets. Office rents in central Yerevan are attractive by any international comparison.

Comparing Armenia to Georgia, UAE, or another location? We've done that analysis dozens of times. Ask us directly — it's one of the most useful conversations we have.

Ask us directly →
05 — How We Work

Four stages. One engagement.

We run a tight four-stage process — designed to move quickly without cutting corners on verification or fit.

01
Brief
One conversation. Team size, timeline, budget, priorities. Full-building vs. distributed vs. office-led — we'll tell you which makes sense before we search anything.
02
Source
We identify and present verified shortlist. Infrastructure checked: internet, power, office conversion. Urgent: 48–72 hours to first options. Standard: 5–10 business days.
03
Execute
Lease signed. Move coordinated. Legal, banking, immigration running in parallel via partners. High-Tech registry application submitted. Typically 2–6 weeks end-to-end.
04
Partnership
We stay. Operational issues, renewals, renegotiations, team expansions — handled throughout the lease. Not a one-deal agency.
06 — Frequently Asked Questions

Questions IT companies ask us.

What is Armenia's High-Tech Industry Law?
Armenia's High-Tech Industry Law offers registered technology companies a 1% turnover tax rate (versus the standard 18%) and a flat 10% income tax for employees. Companies operating in eligible sectors — software development, IT services, R&D, gaming, fintech — can apply for High-Tech status through the Enterprise Incubator Foundation. Capeto Estate works with legal partners who handle the registration end-to-end.
What is the minimum team size for a full-building hotel lease?
The economics typically work best for teams of 20 or more. Below that, distributed serviced apartments or a partial hotel block usually offer better value and more flexibility. We'll tell you honestly which format fits your team size — we'd rather give you the right answer than close the wrong deal.
How quickly can you source properties?
In urgent situations, we've presented viable shortlists within 48 hours. Standard timelines run 5–10 business days for a thorough search. The case study on this page — 70 people, shortlist in 48 hours, fully moved in by day five — is real. Speed requires a clear brief from you and a degree of flexibility on specifics.
Do you verify internet connectivity and technical infrastructure?
Yes. For IT companies, internet reliability is non-negotiable. We verify fibre availability, backup connectivity options, and power reliability on every property we shortlist for tech clients. We've passed on properties that looked good on paper but failed on connectivity — that's not a shortcut we're willing to take.
Can you help register the company in Armenia?
We don't do legal registration directly, but we have active legal partners who do it fast. Company registration in Armenia typically takes 1–3 business days. High-Tech status application runs in parallel. We coordinate introductions and keep timelines aligned with your move-in schedule.
How do you work with Chinese-speaking teams?
Our team operates in Mandarin Chinese natively. WeChat is a primary client channel. All key communications and documents are available in Chinese. We've worked with teams from mainland China, Hong Kong, and Chinese companies operating across Southeast Asia and the Gulf region.
What if the team needs to grow after the initial lease?
We plan for this from the start. Where possible, we identify properties with expansion capacity or negotiate contractual provisions for additional space. Growth situations are handled as part of the ongoing partnership — not a separate engagement, not a new fee.
Do you work with companies that haven't decided on Armenia yet?
Yes. Many IT companies come to us mid-evaluation, comparing Yerevan to Tbilisi, Dubai, or other hubs. If Armenia isn't the right fit for your situation, we'll say so and, where we can, point you toward the right alternative. We've had engagements begin with this conversation and end without a Yerevan deal — that's fine. The referral matters more than the deal we didn't close.

Ready to talk about your team?

Tell us your team size, timeline, and where you're coming from. We'll take it from there.

WhatsApp / Telegram: +374 95 67 77 74  ·  WeChat: @capetoestate
Email: info@capetoestate.com  ·  Yerevan, Armenia

Capeto Estate is a real estate brokerage and relocation coordination agency. We are not a law firm, bank, or immigration authority. All legal, tax, and immigration matters are handled by licensed partner firms. Tax figures cited reflect published Armenian law as of 2026 and should be verified with a qualified tax advisor. Case studies are anonymised or shared with explicit client permission.

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