# Armenia residency and identification reforms > Live situation record from CLSTR: https://clstr.news/situations/armenia-residency-and-identification-reforms > Updated: 2026-10-10T09:17:44.000Z. Sources: 4. Developments: 2. Armenia is implementing a series of administrative reforms involving residency requirements and the introduction of new biometric identification documents. Effective November 1, new residency regulations will introduce financial thresholds for foreign entrepreneurs. Individual entrepreneurs must demonstrate at least 1 million drams in business accounts or turnover, while those participating in companies must invest at least 2 million drams in charter capital or equivalent securities. The overhaul also includes increased state fees for temporary and permanent residence status, alongside a new non-refundable fee for work visa applications. In conjunction with these changes, the country is introducing new biometric ID cards and passports designed to meet high European certification standards. These documents aim to enhance security, ensure accurate identification, and facilitate digital public services while reducing the need for data sharing between state agencies. The Ministry of Internal Affairs noted that the pricing for these new documents reflects improved technical capabilities and security standards. ## Timeline ### 2026-10-10: Armenia introduces new biometric ID cards and passports Armenia is launching new biometric ID cards and passports, priced at 5,950 AMD and 28,650 AMD respectively, to enhance security and digital service accessibility. 2 sources. https://clstr.news/cluster/armenia-introduces-new-biometric-id-cards-and-passports ### 2026-10-05: Armenia to overhaul residency requirements and fees Starting November 1, Armenia will implement new residency rules, including financial thresholds for entrepreneurs, increased state fees, and a digitalized biometric application system. 2 sources. https://clstr.news/cluster/armenia-to-overhaul-residency-requirements-and-fees --- Cite as: Armenia residency and identification reforms. CLSTR, https://clstr.news/situations/armenia-residency-and-identification-reforms