What assets does Arthur Khachatryan, elected secretary of the "Armenia" faction, have?
03-08-2026 16:04 Armenia Press of Diaspora
armlur.am Yesterday, the first session of the 9th convocation of the National Assembly began. It is noteworthy that the secretary of the "Armenia" faction of the National Assembly has been elected as the opposition MP Arthur Khachatryan. Against this backdrop, the newspaper "Zhoghovurd" has examined what the opposition MP has declared from the moment he assumed office in 2021 until 2025.
The career path of Arthur Khachatryan
Before engaging in parliamentary activities, economist Arthur Khachatryan held various leadership positions in the public administration system. From 2016 to 2017, he served as the Deputy Minister of Territorial Administration and Development of the Republic of Armenia, and then from 2017 to 2018, he held the position of Governor of Shirak Province. Subsequently, from May 12, 2018, until October 3, he was appointed Minister of Agriculture of the Republic of Armenia and was dismissed from the position on October 4. In 2019, he was appointed Chairman of the Board of Trustees of the "Business Armenia" foundation, and on June 20, 2021, he was elected as a member of the National Assembly through the national electoral list of the "Armenia" party alliance. He is also a member of the Armenian Revolutionary Federation party.
From 2021 to 2025, Arthur Khachatryan's property has significantly decreased: when he assumed office, he declared 7 real estate properties, but by the end of 2025, their number had decreased to 4 (due to the sale and transfer of apartments). At the same time, his bank deposits and cash accounts have increased due to the funds received from the sale of real estate.
Khachatryan's assets at the time of assuming office
In the declaration upon assuming the position of MP in 2021, Arthur Khachatryan reported seven real estate properties. These included a 1/3 share of an apartment located in Arabkir (acquired in 2020 through other means), one apartment purchased jointly in Arabkir, an apartment bought in Davtashen in 2014, a 1/12 share of an inherited individual residential house in the Central administrative district, a parking space purchased in Arabkir, an inherited apartment in Ajapnyak from 2010, and a 1/6 share of a land plot inherited in the Yeghvard community of Kotayk Province.
At that time, he did not own any vehicles. He had only 20 US dollars in his bank accounts, while his cash amounted to 3 million drams. He also declared one share, which was valued at 0 drams. Of the declared income of 12 million 232 thousand 686 drams, 8 million 646 thousand 923 drams were loans from "Ardshinbank," 1 million 673 thousand 688 drams from "Ameriabank," and 896 thousand 421 drams from "HSBC Bank Armenia." The remaining amount was formed from the State Management Academy (405 thousand 452 drams), the "Aurora Humanitarian Initiative" foundation (315 thousand drams), the Ministry of Finance of the Republic of Armenia (180 thousand 25 drams), "Vivat Consulting" LLC (78 thousand drams), and the French University in Armenia (37 thousand 177 drams). The remaining principal of the loans amounted to 11 million 216 thousand 932 drams. He was the 100% shareholder of "Agrimak" LLC, which was entrusted to the fiduciary management of his wife, Gohar Karapetyan, for a period of 10 years on July 30, 2021.
2021 Annual Declaration
During 2021, Arthur Khachatryan acquired an apartment in the Arabkir administrative district through joint ownership, valued at 25 million 498 thousand 850 drams, as well as a parking space valued at 1 million 950 thousand drams. By the end of the year, he continued to own a total of 7 real estate properties.
He did not own any vehicles during the year. At the end of the year, he had 724 thousand 627 drams in his bank accounts, 326 US dollars, and 4 US dollars, while his cash amounted to 3 million drams. His annual income totaled 15 million 420 thousand 769 drams, of which 3 million 576 thousand 270 drams was his salary from the National Assembly, 405 thousand 452 drams from the State Management Academy, 315 thousand drams from the "Aurora" foundation, 397 thousand 974 drams from the Ministry of Finance, 78 thousand drams from "Vivat Consulting" LLC, and 37 thousand 177 drams from the French University. Additionally, new loan funds were involved, and by the end of the year, the remaining principal of the loans amounted to 10 million 610 thousand 896 drams.
2022 Annual Declaration
At the beginning of 2022, from the 7 real estate properties he owned, Arthur Khachatryan sold the apartment in Davtashen for 51 million drams on June 15. By the end of the year, he retained 6 real estate properties. No vehicles were declared either.
At the end of the year, the MP formed a bank deposit of 11 thousand US dollars. In his bank accounts, he had 868 thousand 619 drams, 2 thousand 495 drams, 36 euros, and 4 US dollars, while his cash increased sharply from 3 million to 25 million drams. The total income for 2022 amounted to 7 million 858 thousand drams, of which 6 million 45 thousand 995 drams was his salary from the National Assembly, 848 thousand 540 drams was interest from the deposit from the Ministry of Finance, 792 thousand drams from the "Management Mix Innovation Academy," and 171 thousand 465 drams from the French University. The remaining balance of loan obligations amounted to 9 million 388 thousand 808 drams (of which 8 million 389 thousand 370 drams was a mortgage loan).
2023 Annual Declaration
In 2023, there were no changes in the composition of real estate; the same 6 properties were retained. However, on January 23, the MP acquired a 2010 Mitsubishi vehicle from Vardges Karapetyan for 2 million 500 thousand drams.
By the end of the year, the bank deposit increased from 11 thousand to 15 thousand US dollars. In his bank accounts, he had 2 million 635 thousand 270 drams, 700 drams, 12 euros, 49 US dollars, and 104 US dollars. Cash decreased from 25 million to 23 million drams. His annual income amounted to 11 million 281 thousand 573 drams, of which 10 million 239 thousand 748 drams was his salary from the National Assembly, 824 thousand 286 drams was other income from the Ministry of Finance, 142 thousand 539 drams from the French University, and 75 thousand drams from "Management Mix." The remaining balance of loan obligations decreased to 7 million 422 thousand 525 drams (of which 7 million 212 thousand 687 drams was a mortgage).
2024 Annual Declaration
During 2024, the composition of real estate and vehicles remained unchanged (6 real estate properties and 1 Mitsubishi vehicle). A share acquired in 2019 with a value of 0 drams was also declared.
By the end of the year, bank deposits amounted to 2 million 78 thousand 132 drams and 15 thousand US dollars. In his bank accounts, he had 2 million 764 thousand 900 drams, 12 euros, 100 thousand 814 drams, 187 US dollars, 104 US dollars, and 436 thousand 360 drams. Cash increased to 25 million drams. The income for 2024 amounted to 13 million 557 thousand 909 drams, including the salary from the National Assembly (10 million 727 thousand 72 drams), income from "Management Mix" (1 million 656 thousand drams), income tax refund (740 thousand 946 drams), compensation from the French University (approximately 293 thousand drams), and interest from Ardshinbank (367 US dollars). The remaining balance of loan obligations amounted to 7 million 471 thousand 92 drams. The share in "Agrimak" LLC was transferred to the fiduciary management of "El For" Accounting Center LLC since June 2022.
2025 Annual Declaration
During 2025, Arthur Khachatryan sold two apartments. On October 22, the apartment in Ajapnyak was transferred to Anna Abrahamyan for 0 drams through "other" means, and on November 26, the apartment in Arabkir was sold to Konstantin Kovalenko for 42 million 322 thousand 500 drams. By the end of the year, he retained 4 real estate properties.
Regarding vehicles, on December 29, the MP purchased another Mitsubishi vehicle from 2013 for 5 million 200 thousand drams, ending the year with 2 vehicles.
At the end of the year, bank deposits amounted to 30 thousand US dollars, 20 million drams, 2,500 US dollars, 3 million 982 thousand 347 drams, and 15 thousand US dollars. In his bank accounts, there were various amounts, including 8 million 232 thousand 524 drams and 2 million 129 thousand 747 drams. Cash decreased to 10 million 500 thousand drams.
The total income for 2025 amounted to 60 million 882 thousand 96 drams. The largest share came from the sale of property, amounting to 42 million 322 thousand 500 drams, and the salary received from the National Assembly, which was 13 million 368 thousand 228 drams. Additionally, a donation of 2 million 400 thousand drams from Stepan DerBedrosyan was declared, along with 1 million 745 thousand drams from the American University of Armenia, 721 thousand 268 drams from income tax refunds, 213 thousand 600 drams from the French University, 75 thousand 500 drams from deposit interest, and 36 thousand drams from "Management Mix."
The remaining principal of loan obligations amounted to 8 million 267 thousand 46 drams. In the expenses section, 3 million drams were noted for travel expenses, 3 million 884 thousand 843 drams for real estate renovations, and 3 million 250 thousand drams as other one-time expenses.
* This text was automatically translated by Artificial Intelligence (AI).
