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Armenia
Yerevan · Armenian / Russian
Yerevan has become a surprise digital nomad hotspot — low taxes, low costs, fast internet, and a growing startup ecosystem.
Cost of living
$600/mo
Rent (1-bed)
$400/mo
Income tax
5%
Currency
AMD (Armenian Dram)
Safety
8
Internet
100 Mbps
Pros
- Very low cost of living
- No income tax for IT workers (until 2025)
- 5% flat tax for entrepreneurs
- Booming tech/startup scene in Yerevan
- Welcoming to Russians and Ukrainians
- Fast internet in Yerevan
Cons
- −Landlocked — no sea
- −Cold winters in Yerevan
- −Limited English outside Yerevan
- −Tensions with neighbors
- −Fewer international flights
Visa-free 180 days for most nationalitiesResidence permit (after 180 days)Individual entrepreneur status (tax 5%)
City data coming soon