Armenia
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Living in Armenia

Yerevan Β· EUROPE Β· Armenian / Russian

Cost of living

$560

excl. rent

Rent 1BR

$480

city center

Safety

5/10

GPI 2024

Internet

100 Mbps

avg speed

Yerevan has become a surprise digital nomad hotspot β€” low taxes, low costs, fast internet, and a growing startup ecosystem.

βœ“Pros

  • βœ“ Very low cost of living
  • βœ“ No income tax for IT workers (until 2025)
  • βœ“ 5% flat tax for entrepreneurs
  • βœ“ Booming tech/startup scene in Yerevan
  • βœ“ Welcoming to Russians and Ukrainians
  • βœ“ Fast internet in Yerevan

βœ—Cons

  • βœ— Landlocked β€” no sea
  • βœ— Cold winters in Yerevan
  • βœ— Limited English outside Yerevan
  • βœ— Tensions with neighbors
  • βœ— Fewer international flights

Details

Climatecontinental
EnglishMedium
CurrencyAMD (Armenian Dram)
Tax rate5%
Beachβœ—
Mountainsβœ“

Visa Options

Visa-free 180 days for most nationalitiesResidence permit (after 180 days)Individual entrepreneur status (tax 5%)

Visa-free days by passport:

US: 180dGB: 180dDE: 180dFR: 180dRU: 180dUA: 180dPL: 180dCA: 180dAU: 180d

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