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Kapan, Armenia 🇦🇲
#2081 ,

Nomad Score: 56%

Essentials

🏙️ City Kapan is the administrative center of the Syunik Province in southern Armenia, known for its rich history and stunning natural landscapes.
👥 Population Approximately 20,000 residents
💻 Internet Speed Average speed is around 50 Mbps, with some areas having access to fiber optic connections.
💸 Currency & Banking 1 AMD ≈ 0.0022 USD. Major banks include Ardshinbank and VTB Bank, offering international transfers.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 220V, 50Hz, 🔌 Type C/F sockets
📶 SIM Card Beeline and VivaCell-MTS are popular providers, offering reliable service.
💳 Banking for Expats Visa and Mastercard are widely accepted at local banks and ATMs.
🛌 Accommodation Options include local guesthouses, hotels, and rental apartments on websites like Airbnb and Booking.com.
💳 Cashless Friendly Partially cashless; while cards are accepted in some places, cash is commonly used.
🏠 Short Term Rentals Airbnb offers several listings ranging from $20 to $50 per night.
🛏️ Budget Accommodation Hostel type accommodations are available starting at around $10 per night.
🏙️ Best Area to Stay for Tourists The city center and nearby areas are preferred for access to shops and restaurants.
🏙️ Best Area to Stay for Digital Nomads Areas close to coworking spaces like 'Kapan Hub' provide a good environment for long-term stays.

Working and Networking

🏢 Best Coworking Space Kapan Hub is the primary coworking space, offering desks for approximately $15 a day.
Best Cafe for Work Cafe Tigran features good Wi-Fi and a cozy atmosphere, ideal for working.
💼 Networking Events Regular meetups are held at Kapan Hub and local cafes, focusing on tech and entrepreneurship.
🥂 Social Events for Expats The 'Kapan Expat Community' Facebook group hosts monthly gatherings.

Transportation

🚕 Best Taxi/Ride App Yandex.Taxi is widely used and offers reasonable rates.
🚲 Bike/Scooter Rental Kapan has limited bike rental services; inquire locally for options.
🏖️ Best Beach Nearby Lake Sevan is the nearest beach, about 90 minutes from Kapan by car.
✈️ Top Regional Airline Armenia Air offers regional flights to Yerevan.
✈️ Top International Airline FlyArmenia provides international connections from Yerevan to multiple destinations.
🛣️ Highway Access Main highways connecting Kapan include M2 and M10, offering access to Yerevan and other regions.
🚉 Main Train/Transit Hub Kapan's main bus station serves as the hub for regional travel.
🚍 Public Transport Passes No specific public transport passes; buses run at low fares around the city.
✈️ Regional Travel Buses from Kapan to Yerevan run frequently, costing approximately 3,000 AMD (€6).

Health and Wellness

🏥 Best Hospital Kapan Medical Center is the main healthcare facility, providing general medical services.
🧘 Yoga & Wellness Centers The local community organizes yoga classes at parks during warmer months.
🏋️ Gyms & Fitness Centers Fitness centers like 'Fitness World Kapan' offer memberships starting at 10,000 AMD per month.
🧺 Laundry Services Local laundromats are available, with services priced at around 2,000 AMD for standard washes.

Food and Drink

📱 Best Food Delivery App Glovo offers food delivery services in Kapan.
🍽️ Best Local Dish to Try Kufta (stuffed meatballs) and Kapan dolma are traditional favorites.
🍱 Vegan/Vegetarian Options Cafe Tomar offers vegan and vegetarian dishes.
🍫 Best Dessert Spots Local bakery 'Pandok' is renowned for its delicious Armenian pastries.
🛒 Affordable Shopping Spots The Kapan open market offers fresh produce and local goods.
🛒 E-commerce/Online Store Local option availability is limited; international sites like Amazon ship to Yerevan.
🛒 Grocery Delivery Local stores may not offer delivery; supermarket visits are common.
🍸 Bar/Nightlife Area Bars near the town square, such as 'Kapan Tavern,' offer a laid-back atmosphere.
🍻 Local Brewery Kapan Brewery produces local beers that are available in various bars.
🍷 Wine Bars Wine tasting events are hosted at 'Kapan Wine House.'
🍲 Street Food Stalls Street vendors offer kebabs and other local snacks around the city.
🍕 Popular International Cuisine You can find pizza and Italian restaurants in Kapan, with 'Pasta & Pizza' being a favorite.

Culture and Attractions

🎟️ Must-See Landmarks Visit the ancient Tatev Monastery, accessible by the Wings of Tatev aerial tramway.
🏛️ Museums & Art Venues The Syunik Regional Museum showcases the history and culture of the region.
🏰 Historical Sites The medieval fortress of Kapan offers historical insight and beautiful views.
🕍 Religious Sites Explore the historic landmarks like the St. Gevorg Church.
🎉 Annual Events Kapan hosts an annual Arts and Crafts Festival in July, showcasing local talent.
🎨 Cultural Districts The old town area retains traditional architecture and charm.
🎭 Theater Venues Local theater performances are held at the Kapan Cultural Center.
🛍️ Local Markets Visit Kapan's marketplaces for local crafts and foods.
🎼 Music Scene Local musicians perform at cafes and events, promoting Armenian folk music.
🎨 Street Art Murals depicting local culture can be found around the city center.
🧑‍🍳 Cooking Classes Cooking workshops are occasionally offered by local chefs at community centers.
👩‍🎨 Art Galleries Local art is featured at small galleries, including exhibitions in the Cultural Center.
🕰️ Historic Buildings The old buildings in Kapan tell stories of its rich history and culture.
🏴 Local Heritage Kapan celebrates its Armenian heritage through various cultural events and festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The Vorotan Gorge offers breathtaking views and hiking opportunities.
🏞️ National Parks Nearby Shikahogh State Reserve is a nearby national park known for its biodiversity.
🚲 Cycling/Walking Paths Several trails explore the natural beauty around Kapan, suitable for cycling and hiking.
🌄 Scenic Viewpoints The viewpoints along the road to Tatev provide stunning vistas of the landscape.
🦉 Birdwatching Locations Areas around the Vorotan River are popular for birdwatching.
🔥 Bonfire-Friendly Spots Designated picnic areas above Kapan offer beautiful views and fire pits.

Other Services and Amenities

📦 Parcel Delivery Service Local post office services provide parcel and shipping options.
🛠️ Tech Repair Services Kapan has a few electronics shops offering repair services for devices.
🏓 Table Tennis Spots Local parks and community centers often have table tennis tables for public use.
🧑‍🏫 Language Classes Private language tutors offer Armenian and English classes in the area.
📚 Libraries & Study Spots The Kapan Central Library is a quiet space for studying and reading.
🏘️ Community Centers Cultural and community events are regularly held at the Kapan Cultural Center.
🕹️ Gaming Lounges Local cafes provide gaming options like tabletop games and video games.
🎰 Casino & Gaming Halls Kapan has no casinos; local entertainment is mostly focused on social gatherings.

Business

🏢 Studio Purchase Price (City Center) Approx. $800 per m² (e.g., 30 m² = $24,000)
🏢 Studio Purchase Price (Outside City) Approx. $600 per m² (e.g., 30 m² = $18,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,000 per m² (e.g., 60 m² = $60,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $800 per m² (e.g., 60 m² = $48,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $950 per m² (e.g., 80 m² = $76,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $700 per m² (e.g., 80 m² = $56,000)
💼 Corporate Tax 20%
💵 Dividend Withholding Tax 10%
🏦 Tax System Armenian residents are taxed based on worldwide income.
📈 Highest Income Tax Bracket 36%
🧾 VAT 20%
🌐 Controlled Foreign Company (CFC) Rules No strict CFC rules exist; favorable for expats.
🏠 Property Tax Annual property tax is assessed based on property value.
🏠 Property Transaction Tax 2% standard property transaction tax.
💻 Attractive Tax System for Digital Nomads 0% tax for individuals working remotely outside of Armenia.

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