Armenia
🇦🇲

Living in Armenia

Yerevan · EUROPE · 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 — low taxes, low costs, fast internet, and a growing startup ecosystem.

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

Details

Climatecontinental
EnglishMedium
CurrencyAMD (Armenian Dram)
Tax rate5%
Beach
Mountains

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

Is Armenia right for you?

Answer 8 questions to get a personalised ranking based on your budget and passport

Start Free Quiz