Nomad Score: 68%

Essentials

πŸ™οΈ City Yerevan is the capital and largest city of Armenia, known for its rich history, vibrant culture, and stunning views of Mount Ararat.
πŸ‘₯ Population Approximately 1.1 million residents.
πŸ’» Internet Speed Average internet speed is around 30 Mbps, with fiber options available in many areas.
πŸ’Έ Currency & Banking 1 USD β‰ˆ 480 AMD (Armenian Dram). ATMs are widely available, and credit cards are accepted in most places.
🚰 Tap Water Tap water is drinkable in Yerevan.
πŸ”Œ Power Electricity is provided at 230V, 50Hz, with Type C sockets prevalent.
πŸ“Ά SIM Card Local providers include Viva-MTS, Beeline, and Ucom, offering competitive prepaid plans.
πŸ’³ Banking for Expats Banks like Araratbank and VTB Bank are common, as well as online options like TransferWise.
πŸ›Œ Accommodation Options range from short-term rentals via Airbnb to long-term apartments through sites like MyHome.am.
πŸ’³ Cashless Friendly Yes, cashless payments are widely accepted, especially in tourist areas.
🏠 Short Term Rentals Airbnb and local rental websites are available, prices ranging from $20 to $100 per night.
πŸ›οΈ Budget Accommodation Hostel Yerevan and Envoy Hostel offer beds starting from $10 a night.

Working and Networking

🏒 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.
πŸ’Ό Networking Events Events like Startup Armenia and tech meetups are held regularly in Yerevan.
πŸ₯‚ Social Events for Expats The Yerevan Expats Facebook group organizes regular meetups and events.

Transportation

πŸš• Best Taxi/Ride App GG and Yandex Go are popular ride-hailing apps in Yerevan.
🚲 Bike/Scooter Rental Rideshare and scooter rentals are available through apps like Lime.
πŸ–οΈ Best Beach Nearby Lake Sevan, about 70 km away, is popular for its beaches.
✈️ Top Regional Airline Armenia Air provides regional connections to neighboring countries.
✈️ Top International Airline Air France, Lufthansa, and Turkish Airlines fly into Yerevan’s Zvartnots Airport.
πŸ›£οΈ Highway Access Main highways include the M1 and M7, connecting Yerevan with other cities.
πŸš‰ Main Train/Transit Hub Yerevan Railway Station connects to various regional destinations.
🚍 Public Transport Passes Single rides on the metro cost 100 AMD; monthly passes are available.
✈️ Regional Travel Buses and taxis connect Yerevan to nearby cities and attractions.

Health and Wellness

πŸ₯ Best Hospital Arabkir Medical Center is one of the best hospitals in Yerevan.
🧘 Yoga & Wellness Centers Yoga Studio Yerevan offers classes and wellness activities.
πŸ‹οΈ Gyms & Fitness Centers Fitness House and World Class are popular gyms in Yerevan.
🧺 Laundry Services Laundry services like Laundry & Dry Cleaning are available throughout the city.

Food and Drink

πŸ“± Best Food Delivery App Glovo and Menu.am are popular food delivery services.
🍽️ Best Local Dish to Try Khorovats (Armenian barbecue) is a must-try local dish.
🍱 Vegan/Vegetarian Options Allegra and Dargett are known for their vegan-friendly menus.
🍫 Best Dessert Spots CafΓ© Τ΅Φ€Φ‡Υ‘ΥΆΥ« ՏՑպՑբը is famous for its desserts and traditional pastries.
πŸ›’ Affordable Shopping Spots The local markets like Vernissage offer affordable options for fresh produce and crafts.
πŸ›’ E-commerce/Online Store Best Buy Armenia for electronics and online shopping.
πŸ›’ Grocery Delivery Fresco and SAS supermarkets offer online delivery services.
🍸 Bar/Nightlife Area The Cascade area is vibrant with bars and nightlife; try beers at Dargett Microbrewery.
🍻 Local Brewery Kotayk Beer is a well-known local brew.
🍷 Wine Bars In Vino is a favorite wine bar in Yerevan.
🍲 Street Food Stalls Try traditional lavash and shawarma from street vendors.
πŸ• Popular International Cuisine Pizza and sushi are available at numerous restaurants like Pizza.am and Sushi Train.

Culture and Attractions

🎟️ Must-See Landmarks Republic Square and the Cascade Complex are iconic landmarks in Yerevan.
πŸ›οΈ Museums & Art Venues The History Museum of Armenia and the Cafesjian Center for the Arts are must-visit spots.
🏰 Historical Sites Visit the ancient ruins of Garni Temple and Geghard Monastery.
πŸ• Religious Sites Saint Gregory the Illuminator Cathedral is the largest church in Armenia.
πŸŽ‰ Annual Events Yerevan hosts the Yerevan Jazz Fest and the Golden Apricot Film Festival each year.
🎨 Cultural Districts The Kond district features traditional architecture and is rich in culture.
🎭 Theater Venues The Armenian National Academic Theatre of Opera and Ballet is a cultural highlight.
πŸ›οΈ Local Markets Vernissage is a great place to explore local arts and crafts.
🎼 Music Scene Yerevan has a vibrant music scene with venues like the Aram Khachaturian Concert Hall.
🎨 Street Art The city features numerous murals and street art in various neighborhoods.
πŸ§‘β€πŸ³ Cooking Classes The Armenian Culinary Academy offers hands-on cooking classes for traditional dishes.
πŸ‘©β€πŸŽ¨ Art Galleries Modern Art Museum Yerevan showcases local artists.
πŸ•°οΈ Historic Buildings The Yerevan Cascade features stunning architecture and outdoor sculptures.
🏴 Local Heritage Armenian culture is steeped in rich history, symbolized in its music, dance, and language.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes The Ararat Valley offers hiking and stunning views of Mount Ararat.
🏞️ National Parks Nearby Khosrov Forest State Reserve is a beautiful area for nature lovers, located about 25 km from Yerevan.
🚲 Cycling/Walking Paths The Yerevan Lakeside Park has beautiful walking paths along the lake.
πŸŒ„ Scenic Viewpoints The view from the top of the Cascade affords breathtaking panoramic views of the city and beyond.
πŸ¦‰ Birdwatching Locations The Ararat Plain is a noted location for birdwatching.
πŸ”₯ Bonfire-Friendly Spots Some areas in the outskirts of Yerevan, like the Hrazdan River Valley, are popular for bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service Armenia Post and DHL offer reliable shipping services.
πŸ› οΈ Tech Repair Services Tech Repair Yerevan provides services for various devices.
πŸ“ Table Tennis Spots Ping Pong Yerevan has several tables available for public play.
πŸ§‘β€πŸ« Language Classes The American University of Armenia offers language courses.
πŸ“š Libraries & Study Spots The National Library of Armenia is a great place for study and research.
🏘️ Community Centers Cultural House of Yerevan hosts various community events.
πŸ•ΉοΈ Gaming Lounges Gaming hubs like Game Zone provide a place for gamers to gather.
🎰 Casino & Gaming Halls Casino Shangri La is one of the most popular gaming establishments in Yerevan.

Business

🏒 Studio Purchase Price (City Center) Approx. $1,500 per m² (e.g., a 40 m² studio = $60,000)
🏒 Studio Purchase Price (Outside City) Approx. $1,000 per m² (e.g., a 40 m² studio = $40,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,300 per m² (e.g., a 60 m² 1-bedroom = $78,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $900 per m² (e.g., a 60 m² 1-bedroom = $54,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. $1,200 per m² (e.g., an 80 m² 2-bedroom = $96,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. $800 per m² (e.g., an 80 m² 2-bedroom = $64,000)
πŸ’Ό Corporate Tax 20% on corporate profits.
πŸ’΅ Dividend Withholding Tax 10% on dividends.
🏦 Tax System Armenian tax system is based on income earned within the country.
πŸ“ˆ Highest Income Tax Bracket 36% for income exceeding 2 million AMD.
🧾 VAT 20% on goods and services.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict CFC rules are in place.
🏠 Property Tax Based on the cadastral value of the property.
🏠 Property Transaction Tax Notarized transaction fee is approximately 0.5%.