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Armenia’s Defense Ministry Promises Low-Price Apartments to Officers Who Agree to Serve for 20 Years

To make military professions more appealing to the public,  Armenia’s Ministry of Defense is offering a new housing acquisition program to officers who will pledge to remain in military service for 20 years. Defense Minister Vigen Sargsyan announced at the National Assembly on Wednesday that to date free apartments were only available to officers with a really dire housing situation; the officers would get on the list and for an apartment for years, he added. According to the ministry’s new program, meanwhile, officers not have to wait for more than 3 years to get an apartment.

“According to our very rough estimates, it will take three years at most for the officers to get an apartment. They will have to pay only 60-70 thousand drams per month for 20 years, and by the third year, they’ll have their apartments. Moreover, if officers serve on the front-line and live in apartments given to them by the military, then they will be free to rent out the new Yerevan apartment and pay the AMD 60-70 thousand from the rent money. Of course, the main condition is their commitment to a 20-year service,” Sargsyan said., adding that the final draft of the program will be ready in November.