The economist and alumnus of the University of St. Petersburg Nikolai Kochanovski (1870-1966) was a pedagogue and scientist in Vladivostok, Russia, but the last part of his live he spent in Latvia. He fled Soviet-Russia and came to Latvia to live and work here. He became a private docent at the Faculty of Economics and Law of the University of Latvia (1924-1929), became a citizen of Latvia (1929) and learned the Latvian language. Nikolai Kochanovski came to Latvia at the end of 1923, just before reaching the age of retirement, this is why he did not get a pension from Latvia. He looked for financial and moral help from relatives in the US, but in times of the financial and economic crisis - the big depression - in the 1930s he was not able to get suitable work in the US and came back to Latvia. Though information about his life in Latvia in the 1930s and up to 1966 is sparse it is known that he lived in Riga, cared for himself. The last years of his life the scientist spent in a pensioners home.