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Nomad Score: 57%

Essentials

πŸ™οΈ City Kapan is the administrative center of the Syunik Province in southern Armenia, known for its rich history and stunning natural landscapes.
πŸ‘₯ Population Approximately 20,000 residents
πŸ’» Internet Speed Average speed is around 50 Mbps, with some areas having access to fiber optic connections.
πŸ’Έ Currency & Banking 1 AMD β‰ˆ 0.0022 USD. Major banks include Ardshinbank and VTB Bank, offering international transfers.
🚰 Tap Water Not drinkable; bottled water is recommended.
πŸ”Œ Power 220V, 50Hz, πŸ”Œ Type C/F sockets
πŸ“Ά SIM Card Beeline and VivaCell-MTS are popular providers, offering reliable service.
πŸ’³ Banking for Expats Visa and Mastercard are widely accepted at local banks and ATMs.
πŸ›Œ Accommodation Options include local guesthouses, hotels, and rental apartments on websites like Airbnb and Booking.com.
πŸ’³ 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.
πŸ›οΈ Budget Accommodation Hostel type accommodations are available starting at around $10 per night.
πŸ™οΈ Best Area to Stay for Tourists The city center and nearby areas are preferred for access to shops and restaurants.
πŸ™οΈ 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.
β˜• Best Cafe for Work Cafe Tigran features good Wi-Fi and a cozy atmosphere, ideal for working.
πŸ’Ό Networking Events Regular meetups are held at Kapan Hub and local cafes, focusing on tech and entrepreneurship.
πŸ₯‚ Social Events for Expats The 'Kapan Expat Community' Facebook group hosts monthly gatherings.

Transportation

πŸš• 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.
πŸ–οΈ 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.
πŸ›£οΈ Highway Access Main highways connecting Kapan include M2 and M10, offering access to Yerevan and other regions.
πŸš‰ 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

πŸ₯ 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.
πŸ‹οΈ 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

πŸ“± 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.
πŸ›’ Affordable Shopping Spots The Kapan open market offers fresh produce and local goods.
πŸ›’ E-commerce/Online Store Local option availability is limited; international sites like Amazon ship to Yerevan.
πŸ›’ 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.
πŸ• 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.
πŸ›οΈ 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.
πŸ• Religious Sites Explore the historic landmarks like the St. Gevorg Church.
πŸŽ‰ 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.
πŸ›οΈ 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.
πŸ§‘β€πŸ³ Cooking Classes Cooking workshops are occasionally offered by local chefs at community centers.
πŸ‘©β€πŸŽ¨ Art Galleries Local art is featured at small galleries, including exhibitions in the Cultural Center.
πŸ•°οΈ 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

πŸŒ… 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.
πŸŒ„ Scenic Viewpoints The viewpoints along the road to Tatev provide stunning vistas of the landscape.
πŸ¦‰ Birdwatching Locations Areas around the Vorotan River are popular for birdwatching.
πŸ”₯ Bonfire-Friendly Spots Designated picnic areas above Kapan offer beautiful views and fire pits.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service Local post office services provide parcel and shipping options.
πŸ› οΈ Tech Repair Services Kapan has a few electronics shops offering repair services for devices.
πŸ“ Table Tennis Spots Local parks and community centers often have table tennis tables for public use.
πŸ§‘β€πŸ« Language Classes Private language tutors offer Armenian and English classes in the area.
πŸ“š 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.
πŸ•ΉοΈ 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)
πŸ’Ό Corporate Tax 20%
πŸ’΅ Dividend Withholding Tax 10%
🏦 Tax System Armenian residents are taxed based on worldwide income.
πŸ“ˆ 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.
πŸ’» Attractive Tax System for Digital Nomads 0% tax for individuals working remotely outside of Armenia.

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