While Armenia may be a small country it has become a popular destination for expats and retirees alike. Why do you ask? It offers more than just banking and asset protection, Armenia is safe, affordable, and has a high standard of living. Not to mention, plenty of natural beauty and hospitality. So read on and we will explain why you should consider living in Armenia.

Located between Europe and Asia, Armenia is rich in history and was the first country to adopt Christianity. Even though Armenia was occupied at times by different empires such as the Sassanians and Seljuk Turks, its unique cultural heritage and homogeneity has endured. Not to mention, plenty of buildings and architecture that have endured for over 1,000 years. If you like archaeology, history, and culture, you will love Armenia.

Unlike many of the post-Soviet countries, Armenia has a reputation for safety. The crime stats are well below the regional average and the capital of Yerevan is regarded as one of the safest cities in Europe. Violent crimes and mass shootings are practically unheard here. Aside from the occasional pickpocketing, you can feel safe walking around most parts of the city even at night. Moving outside of Yerevan, crime is virtually non-existent, and it is an area where you can think of everyone as your neighbor. This is a nice touch that is often lost in many countries.

Affordable Life

Armenia is not only safe, but affordable. In fact, these are the main reasons why the country has seen an influx of foreigners of digital nomads the last few years. You can live comfortably for $1,000/month, including rent. For example, a small apartment in a nice part of Yerevan can be found for as little as $300/month and food expenses rarely top that. A nice dinner for two usually runs about $30 with a taxi fare costing no more than a few dollars. Of course, actual expenses vary by person, but suffice to say there are few countries in the world that can be compared to Armenia when it comes to affordability and safety.

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Friendly People

Armenians have a well-deserved reputation when it comes to hospitality and foreigners are welcomed and treated like family. People are warm, friendly, and always willing to strike up a conversation. In fact, it might even lead to being invited for dinner. In short, you can think of Armenia as a big family. That is the type of hospitality you can expect here.

Natural Beauty

While Armenia may disappoint beach lovers (it is a landlocked country after all), it makes up for it in scenery. There are plenty of mountains with scenic views and all of this is just a short trip outside the city. You can spend a quiet day outside by the lake, go hiking, or skiing. Of course, the mountainous terrain is not only beautiful, but perfect for wine making. Armenia is known for its fine wine that rivals anything from France. Not only that, but it is home to one of the oldest wineries in the world.

A Laid-Back Lifestyle

Perhaps the best of both worlds and part of that is due to a homogenous population that has managed to retain its cultural identity. However, at the same time it has been shaped by Armenians living abroad and when they return home, they bring many of those customs with them. For example, if you go to a restaurant or a store you can expect to receive the level of service (and quality) you would in New York or Paris, albeit with a touch of Armenian hospitality. Not to mention, much cheaper.

Average Monthly Expenses in Yerevan

This of course is not an inclusive list, but it highlights what you can expect to pay on average for some basic products and services. Keep in mind, your actual expenses will vary depending on your lifestyle and preferences.