LYCOS RETRIEVER 
Armenia: Land
built 642 days ago
Armenia is the place that some Christians believe Noah's Ark landed, and Noah's family settled. The Armenian name for Armenia ( Hayastan) means Land of Haik. Haik was the name of a great-great-grandson of Noah.
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The greatest part of Armenia is mountainous (about 300 feet above sea level), while one-third is pastureland. Forest and woodland cover 12 percent of the contry, arid land some 18 percent, and permanent crops cover 3 percent. The highest elevation is 4,095 meters (Mt. Aragats) and the lowest point is 400 meters above the sea level (Debed river).
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The Constitution of Armenia protects all forms of property and the right of citizens to own and use property. Although foreigners have no right to own land (they can only lease it), a company registered by a foreigner in Armenia as an Armenian business entity has the right to buy land. There are no restrictions on the rights of foreign nationals to acquire, establish or dispose of business interests in Armenia.
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