267: Armenia Trip Report

The Expat Money Show - With Mikkel Thorup

Today I am bringing you part three of my series, breaking down my experience in each of the four countries I visited on my recent trip. I already discussed Turkey and Georgia in recent episodes - be sure to go back and check those reports out as well. This week, I’ll discuss my time spent in the interesting country of Armenia. Does this country have the potential for expats? You’ll get all my thoughts in today’s episode.

TODAY'S ARMENIA TRIP REPORT

• Tune in to hear how my initial first impression after taking the train into Armenia was quickly flipped around after I ventured downtown Yerevan.
• Hear about the HUGE difference I noticed right away that put Armenia a notch above Georgia.
• As with the Georgia episode, you’ll once again have to hear me rave about the incredible food. Which country’s food did I rank higher in the end?
• Learn how I found Armenia to be more business-oriented and entrepreneurial than neighbouring Azerbaijan - which I’ll elaborate on in next week’s episode.
• Listen for an inside look at my visit to a building site. How did the conditions hold up compared to the first world?
• I give my take from the ground on how the geopolitics involving the war in Ukraine have affected the situation in Armenia.
• Find out how friendly I found the people in Armenia to be towards visitors compared with Georgia.
• Learn how the Armenian genocide and the on-again, off-again war with Azerbaijan affect the country's people to this day.
• Hear my final verdict on all aspects of Armenia for expats, from banking to the cost of living to the political situation.

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266: Is Georgia A Good Plan B Location For Expats? 263; How To Get.A Turkish Passport 180: Residency and Citizenship Updates - Mikkel Thorup

CONCLUSION

That does it for Part 2 of my trip report, and I hope you all learned a lot about Armenia, a country that really goes under the radar. It’s a lovely place and one certainly worth visiting at a minimum. But it does bring a lot of baggage as far as a Plan-B location for expats goes, many of which concern the geopolitical situation and the constant problem with its’ neighbour, Azerbaijan. Well, Azerbaijan just happened to be the next stop on my trip, and it will be the subject of next week’s episode of the Expat Money Show. Be sure to subscribe so you don’t miss it, and I’ll see you next week!

Mentioned in this episode:

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JOIN US IN PANAMA - FLY'N BUY TOUR

Beginning of Q4, 2024, the Panama government has already stated that they are increasing the investment minimums for immigration from $300k to $500k for real estate; we also expect them to make this process more difficult! Because of this, I have decided to run a few quick trips to Panama for our community. Seeing the real estate in Panama is an important part of the due diligence process, that’s why I would like to pay for you to join me in Panama. All you have to do is sign up for the tour at https://expatmoney.com/fly, pay for the tour, and if you end up finding a property that fits your needs on the trip, then the amount you paid for the tour PLUS your airfare (up to $1000 USD) will be taken off the purchase price, making the entire tour and flights essentially free for you. Why am I offering you this awesome deal? Because my hope is you will hire me and my lawyers to do your immigration work! Our company has helped hundreds of people successfully go through the immigration process in Panama, and we do an excellent job, if I do say so myself. This is a service we offer to everyone in our community, but you have to choose a good property that will qualify you first.

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