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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
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