Armenia
Pros and Cons of Living in Armenia
Last updated on Dec 05, 2023
Summary: The pros of living in Armenia include its rich cultural heritage, stunning natural beauty, and vibrant cities. Armenia is also known for its excellent education system, with many universities offering world-class programs. Additionally, the cost of living in Armenia is relatively low, making it an attractive destination for those looking to stretch their budget. On the other hand, the country has a high unemployment rate and a weak economy, making it difficult for many to find stable employment. Additionally, Armenia is prone to natural disasters such as earthquakes, making it a risky place to live.
What are the pros and cons of living in Armenia?
Expats, digital nomads and retirees living in Armenia responded:
"Expats and digital nomads living in Armenia appreciate the country's low cost of living, friendly locals, and stunning natural beauty. They also enjoy the vibrant culture, delicious food, and the fact that Armenia is a safe and secure place to live. On the other hand, some expats and digital nomads may find the language barrier and lack of modern infrastructure to be challenging. Additionally, the country's limited job opportunities and slow internet speeds can be a source of frustration," remarked one expat in Armenia.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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