Yerevan, Armenia π¦π²
#997
40.177711, 44.512623
Nomad Score:
68%
Essentials
ποΈ City | Yerevan is the capital and largest city of Armenia, known for its rich history, vibrant culture, and stunning views of Mount Ararat. |
π₯ Population | Approximately 1.1 million residents. |
π» Internet Speed | Average internet speed is around 30 Mbps, with fiber options available in many areas. |
πΈ Currency & Banking | 1 USD β 480 AMD (Armenian Dram). ATMs are widely available, and credit cards are accepted in most places. |
π° Tap Water | Tap water is drinkable in Yerevan. |
π Power | Electricity is provided at 230V, 50Hz, with Type C sockets prevalent. |
πΆ SIM Card | Local providers include Viva-MTS, Beeline, and Ucom, offering competitive prepaid plans. |
π³ Banking for Expats | Banks like Araratbank and VTB Bank are common, as well as online options like TransferWise. |
π Accommodation | Options range from short-term rentals via Airbnb to long-term apartments through sites like MyHome.am. |
π³ Cashless Friendly | Yes, cashless payments are widely accepted, especially in tourist areas. |
π Short Term Rentals | Airbnb and local rental websites are available, prices ranging from $20 to $100 per night. |
ποΈ Budget Accommodation | Hostel Yerevan and Envoy Hostel offer beds starting from $10 a night. |
Working and Networking
π’ Best Coworking Space | Impact Hub Yerevan is renowned for its vibrant community and excellent facilities. |
β Best Cafe for Work | CafΓ© La Boheme offers a relaxed atmosphere with good coffee and Wi-Fi. |
πΌ Networking Events | Events like Startup Armenia and tech meetups are held regularly in Yerevan. |
π₯ Social Events for Expats | The Yerevan Expats Facebook group organizes regular meetups and events. |
Transportation
π Best Taxi/Ride App | GG and Yandex Go are popular ride-hailing apps in Yerevan. |
π² Bike/Scooter Rental | Rideshare and scooter rentals are available through apps like Lime. |
ποΈ Best Beach Nearby | Lake Sevan, about 70 km away, is popular for its beaches. |
βοΈ Top Regional Airline | Armenia Air provides regional connections to neighboring countries. |
βοΈ Top International Airline | Air France, Lufthansa, and Turkish Airlines fly into Yerevanβs Zvartnots Airport. |
π£οΈ Highway Access | Main highways include the M1 and M7, connecting Yerevan with other cities. |
π Main Train/Transit Hub | Yerevan Railway Station connects to various regional destinations. |
π Public Transport Passes | Single rides on the metro cost 100 AMD; monthly passes are available. |
βοΈ Regional Travel | Buses and taxis connect Yerevan to nearby cities and attractions. |
Health and Wellness
π₯ Best Hospital | Arabkir Medical Center is one of the best hospitals in Yerevan. |
π§ Yoga & Wellness Centers | Yoga Studio Yerevan offers classes and wellness activities. |
ποΈ Gyms & Fitness Centers | Fitness House and World Class are popular gyms in Yerevan. |
π§Ί Laundry Services | Laundry services like Laundry & Dry Cleaning are available throughout the city. |
Food and Drink
π± Best Food Delivery App | Glovo and Menu.am are popular food delivery services. |
π½οΈ Best Local Dish to Try | Khorovats (Armenian barbecue) is a must-try local dish. |
π± Vegan/Vegetarian Options | Allegra and Dargett are known for their vegan-friendly menus. |
π« Best Dessert Spots | CafΓ© Τ΅ΦΦΥ‘ΥΆΥ« ΥΥ‘ΥΊΥ‘ΥΆΥ¨ is famous for its desserts and traditional pastries. |
π Affordable Shopping Spots | The local markets like Vernissage offer affordable options for fresh produce and crafts. |
π E-commerce/Online Store | Best Buy Armenia for electronics and online shopping. |
π Grocery Delivery | Fresco and SAS supermarkets offer online delivery services. |
πΈ Bar/Nightlife Area | The Cascade area is vibrant with bars and nightlife; try beers at Dargett Microbrewery. |
π» Local Brewery | Kotayk Beer is a well-known local brew. |
π· Wine Bars | In Vino is a favorite wine bar in Yerevan. |
π² Street Food Stalls | Try traditional lavash and shawarma from street vendors. |
π Popular International Cuisine | Pizza and sushi are available at numerous restaurants like Pizza.am and Sushi Train. |
Culture and Attractions
ποΈ Must-See Landmarks | Republic Square and the Cascade Complex are iconic landmarks in Yerevan. |
ποΈ Museums & Art Venues | The History Museum of Armenia and the Cafesjian Center for the Arts are must-visit spots. |
π° Historical Sites | Visit the ancient ruins of Garni Temple and Geghard Monastery. |
π Religious Sites | Saint Gregory the Illuminator Cathedral is the largest church in Armenia. |
π Annual Events | Yerevan hosts the Yerevan Jazz Fest and the Golden Apricot Film Festival each year. |
π¨ Cultural Districts | The Kond district features traditional architecture and is rich in culture. |
π Theater Venues | The Armenian National Academic Theatre of Opera and Ballet is a cultural highlight. |
ποΈ Local Markets | Vernissage is a great place to explore local arts and crafts. |
πΌ Music Scene | Yerevan has a vibrant music scene with venues like the Aram Khachaturian Concert Hall. |
π¨ Street Art | The city features numerous murals and street art in various neighborhoods. |
π§βπ³ Cooking Classes | The Armenian Culinary Academy offers hands-on cooking classes for traditional dishes. |
π©βπ¨ Art Galleries | Modern Art Museum Yerevan showcases local artists. |
π°οΈ Historic Buildings | The Yerevan Cascade features stunning architecture and outdoor sculptures. |
π΄ Local Heritage | Armenian culture is steeped in rich history, symbolized in its music, dance, and language. |
Nature and Outdoor Activities
π Nearby Nature Escapes | The Ararat Valley offers hiking and stunning views of Mount Ararat. |
ποΈ National Parks Nearby | Khosrov Forest State Reserve is a beautiful area for nature lovers, located about 25 km from Yerevan. |
π² Cycling/Walking Paths | The Yerevan Lakeside Park has beautiful walking paths along the lake. |
π Scenic Viewpoints | The view from the top of the Cascade affords breathtaking panoramic views of the city and beyond. |
π¦ Birdwatching Locations | The Ararat Plain is a noted location for birdwatching. |
π₯ Bonfire-Friendly Spots | Some areas in the outskirts of Yerevan, like the Hrazdan River Valley, are popular for bonfires. |
Other Services and Amenities
π¦ Parcel Delivery Service | Armenia Post and DHL offer reliable shipping services. |
π οΈ Tech Repair Services | Tech Repair Yerevan provides services for various devices. |
π Table Tennis Spots | Ping Pong Yerevan has several tables available for public play. |
π§βπ« Language Classes | The American University of Armenia offers language courses. |
π Libraries & Study Spots | The National Library of Armenia is a great place for study and research. |
ποΈ Community Centers | Cultural House of Yerevan hosts various community events. |
πΉοΈ Gaming Lounges | Gaming hubs like Game Zone provide a place for gamers to gather. |
π° Casino & Gaming Halls | Casino Shangri La is one of the most popular gaming establishments in Yerevan. |
Business
π’ Studio Purchase Price (City Center) | Approx. $1,500 per mΒ² (e.g., a 40 mΒ² studio = $60,000) |
π’ Studio Purchase Price (Outside City) | Approx. $1,000 per mΒ² (e.g., a 40 mΒ² studio = $40,000) |
π 1-Bedroom Purchase Price (City Center) | Approx. $1,300 per mΒ² (e.g., a 60 mΒ² 1-bedroom = $78,000) |
π 1-Bedroom Purchase Price (Outside City) | Approx. $900 per mΒ² (e.g., a 60 mΒ² 1-bedroom = $54,000) |
π‘ 2-Bedroom Purchase Price (City Center) | Approx. $1,200 per mΒ² (e.g., an 80 mΒ² 2-bedroom = $96,000) |
π‘ 2-Bedroom Purchase Price (Outside City) | Approx. $800 per mΒ² (e.g., an 80 mΒ² 2-bedroom = $64,000) |
πΌ Corporate Tax | 20% on corporate profits. |
π΅ Dividend Withholding Tax | 10% on dividends. |
π¦ Tax System | Armenian tax system is based on income earned within the country. |
π Highest Income Tax Bracket | 36% for income exceeding 2 million AMD. |
π§Ύ VAT | 20% on goods and services. |
π Controlled Foreign Company (CFC) Rules | Yes, strict CFC rules are in place. |
π Property Tax | Based on the cadastral value of the property. |
π Property Transaction Tax | Notarized transaction fee is approximately 0.5%. |