Forum
Analytics
Yerevan, Armenia 🇦🇲
#997
,
Nomad Score:
70%
Essentials
| 🏙️ City | Yerevan is the capital and largest city of Armenia, known for its rich history and vibrant culture. |
| 👥 Population | Approximately 1.1 million people. |
| 💻 Internet Speed | Average internet speed is around 50 Mbps. |
| 💸 Currency & Banking | 1 AMD ≈ 0.0026 USD, with local banks such as VTB Bank and Araratbank widely available. |
| 🚰 Tap Water | Drinkable; however, bottled water is commonly consumed. |
| 🔌 Power | 220V, 50Hz, with Type C shops for charging. |
| 📶 SIM Card | Providers include VivaCell-MTS, Ucom, and Beeline, with good coverage across the city. |
| 💳 Banking for Expats | International banks like HSBC and MasterCard are accepted. |
| 🛌 Accommodation | Options include hotels, hostels, and short-term rentals via Airbnb. |
| 💳 Cashless Friendly | Yes, cards are accepted in most shops and restaurants. |
| 🏠 Short Term Rentals | Airbnb offers numerous options throughout the city. |
| 🛏️ Budget Accommodation | Hostel Yerevan offers dorms starting at around $10 per night. |
| 🏙️ Best Area to Stay for Tourists | Republic Square and the Cascade area are popular among tourists. |
| 🏙️ Best Area to Stay for Digital Nomads | The City Center is recommended for easy access to cafes and coworking spaces. |
Working and Networking
| 🏢 Best Coworking Space | Impact Hub Yerevan is well-rated for its atmosphere and events. |
| ☕ Best Cafe for Work | Dargett Brewpub is a popular spot with good Wi-Fi and coffee. |
| 💼 Networking Events | Meetups are hosted regularly via platforms like Meetup.com and local groups. |
| 🥂 Social Events for Expats | The 'Yerevan Expats' Facebook group organizes regular events. |
Transportation
| 🚕 Best Taxi/Ride App | Yandex Taxi is widely used and reliable for getting around. |
| 🚲 Bike/Scooter Rental | Users can rent bikes via the 'Bike Yerevan' app. |
| 🏖️ Best Beach Nearby | Lake Sevan, about 1.5 hours away, is the nearest beach area. |
| ✈️ Top Regional Airline | Armenia Air is a prominent local airline. |
| ✈️ Top International Airline | Flydubai and Lufthansa offer direct international flights. |
| 🛣️ Highway Access | The M1 Highway provides access to major cities like Gyumri and Vanadzor. |
| 🚉 Main Train/Transit Hub | Yerevan Railway Station serves as the primary transport hub. |
| 🚍 Public Transport Passes | Metro tickets cost about 100 AMD; monthly cards are available. |
| ✈️ Regional Travel | Buses and marshrutkas connect Yerevan with surrounding regions. |
Health and Wellness
| 🏥 Best Hospital | Arabkir Medical Center is regarded as the best hospital in Yerevan. |
| 🧘 Yoga & Wellness Centers | The Body & Mind Center offers various yoga classes. |
| 🏋️ Gyms & Fitness Centers | Fitness House provides a wide range of gym facilities. |
| 🧺 Laundry Services | Laundromat services are available at Clean City. |
Food and Drink
| 📱 Best Food Delivery App | Glovo and Yerevan Fast offer convenient food delivery options. |
| 🍽️ Best Local Dish to Try | Khorovats (Armenian barbecue) is a must-try local delicacy. |
| 🍱 Vegan/Vegetarian Options | Cafes like Veggie Cafe offer great plant-based meals. |
| 🍫 Best Dessert Spots | Café La Boheme serves delicious pastries and desserts. |
| 🛒 Affordable Shopping Spots | The GUM Market offers local produce and snacks at good prices. |
| 🛒 E-commerce/Online Store | Local e-commerce sites like YerevanStore.com have a variety of goods. |
| 🛒 Grocery Delivery | Supermarket delivery services are available via SAS supermarket app. |
| 🍸 Bar/Nightlife Area | The Republic Square area has vibrant nightlife options. |
| 🍻 Local Brewery | Dargett Brewery offers tours and tastings. |
| 🍷 Wine Bars | In Vino is a popular spot for wine lovers. |
| 🍲 Street Food Stalls | Check out the food stalls in the Vernissage market. |
| 🍕 Popular International Cuisine | Restaurants like The Club serve excellent international dishes. |
Culture and Attractions
| 🎟️ Must-See Landmarks | The Cascade Complex and Republic Square are key attractions. |
| 🏛️ Museums & Art Venues | The History Museum of Armenia showcases rich Armenian heritage. |
| 🏰 Historical Sites | Khor Virap Monastery is a significant historical site nearby. |
| 🕍 Religious Sites | The Cathedral of Saint Gregory the Illuminator is a must-visit. |
| 🎉 Annual Events | Yerevan hosts the Aurora Prize Ceremony every April. |
| 🎨 Cultural Districts | The Northern Avenue and Cascade area are culturally vibrant. |
| 🎭 Theater Venues | The Sundukyan Theatre is popular for performances. |
| 🛍️ Local Markets | Vernissage flea market offers a variety of local crafts. |
| 🎼 Music Scene | The Aram Khachaturian Concert Hall hosts various performances. |
| 🎨 Street Art | The streets of Yerevan have numerous murals and graffiti work. |
| 🧑🍳 Cooking Classes | Diana's Cooking Classes offers traditional Armenian cooking experiences. |
| 👩🎨 Art Galleries | The Contemporary Art Museum of Armenia hosts exciting exhibitions. |
| 🕰️ Historic Buildings | The Blue Mosque is an architectural gem of the city. |
| 🏴 Local Heritage | The Armenian Genocide Memorial complex is a significant cultural symbol. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | Dilijan National Park is perfect for nature lovers, located about 1.5 hours away. |
| 🏞️ National Parks Nearby | Designated parks like Khosrov Forest State Reserve are nearby for hiking. |
| 🚲 Cycling/Walking Paths | Yerevan's parks, like Lovers' Park, have scenic paths ideal for cycling. |
| 🌄 Scenic Viewpoints | The top of the Cascade offers stunning views of Mount Ararat. |
| 🦉 Birdwatching Locations | Lake Sevan area is known for various bird species. |
| 🔥 Bonfire-Friendly Spots | Designated areas in Armavir for bonfires and picnics. |
Other Services and Amenities
| 📦 Parcel Delivery Service | Fastex is a reliable courier service for international shipment. |
| 🛠️ Tech Repair Services | Apple Repair Service in Yerevan is a certified repair shop. |
| 🏓 Table Tennis Spots | Ping pong can be played at the Yerevan Sports School. |
| 🧑🏫 Language Classes | The AGBU Yerevan offers Armenian language classes for expats. |
| 📚 Libraries & Study Spots | The Yerevan State University Library is a quiet study place. |
| 🏘️ Community Centers | The Yerevan Community Center hosts cultural and social activities. |
| 🕹️ Gaming Lounges | Gaming House Yerevan provides a space to game and meet other gamers. |
| 🎰 Casino & Gaming Halls | Casino Shangri-La offers gaming entertainment for adults. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. $1,500 per m² (e.g., 40 m² = $60,000) |
| 🏢 Studio Purchase Price (Outside City) | Approx. $1,000 per m² (e.g., 40 m² = $40,000) |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. $2,000 per m² (e.g., 60 m² = $120,000) |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. $1,200 per m² (e.g., 60 m² = $72,000) |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. $1,800 per m² (e.g., 80 m² = $144,000) |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. $1,100 per m² (e.g., 80 m² = $88,000) |
| 💼 Corporate Tax | 20% |
| 💵 Dividend Withholding Tax | 10% |
| 🏦 Tax System | Residence-based taxation on worldwide income. |
| 📈 Highest Income Tax Bracket | 36% |
| 🧾 VAT | 20% |
| 🌐 Controlled Foreign Company (CFC) Rules | Yes, but the regulations are favorable for digital nomads. |
| 🏠 Property Tax | Annual property taxation is based on property value. |
| 🏠 Property Transaction Tax | 4% on property purchases. |
| 💻 Attractive Tax System for Digital Nomads | A 0% flat tax rate applies to income sourced outside Armenia for qualifying individuals. |