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Cochabamba, Bolivia 🇧🇴
#236 ,

Nomad Score: 62%

Essentials

🏙️ City Cochabamba is the fourth-largest city in Bolivia, known for its pleasant climate and vibrant culture.
👥 Population Approximately 1.5 million people.
💻 Internet Speed Average speeds of around 25 Mbps; higher in coworking spaces.
💸 Currency & Banking 1 USD ≈ 6.96 BOB. ATMs and banks are widely available.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 220V, 50Hz, Type C sockets.
📶 SIM Card Movistar and Tigo offer good coverage and data plans.
💳 Banking for Expats Many international banks operate; Visa and Mastercard are commonly accepted.
🛌 Accommodation Options range from hotels, hostels, to local rentals available via Airbnb.
💳 Cashless Friendly Growing acceptance of card payments, but cash is still king in many places.
🏠 Short Term Rentals Airbnb and local vacation rentals are popular for short stays.
🛏️ Budget Accommodation Hostel La Casona and Casa de Huespedes Hostal offer budget-friendly prices.
🏙️ Best Area to Stay for Tourists Central Plaza 14 de Septiembre and around the Simón Bolívar Park.
🏙️ Best Area to Stay for Digital Nomads The neighborhoods of Cala Cala and Huayllani provide more residential vibes and coworking options.

Working and Networking

🏢 Best Coworking Space Coworking La Paz, which is well-equipped and has a vibrant community.
Best Cafe for Work Café del Mundo offers good coffee and stable Wi-Fi.
💼 Networking Events Look out for expat meetups on platforms like Facebook groups.
🥂 Social Events for Expats Cochabamba Expat Meetup is a popular community event for networking.

Transportation

🚕 Best Taxi/Ride App Cabify and Uber are available for safe transportation.
🚲 Bike/Scooter Rental Rental options are limited; however, bicycles are available for rent in some parks.
🏖️ Best Beach Nearby Cochabamba is inland, but Lake Titicaca's beaches are 4 hours away.
✈️ Top Regional Airline Amaszonas is a regional carrier with services to major cities.
✈️ Top International Airline LATAM and Boliviana de Aviación provide international flights.
🛣️ Highway Access Access to major highways such as Ruta 4 leading to La Paz and Santa Cruz.
🚉 Main Train/Transit Hub The main bus terminal is Terminal de Buses in Cochabamba.
🚍 Public Transport Passes No formal transit passes; ticketing is typically pay-per-ride.
✈️ Regional Travel Buses are the main mode of transport to nearby cities like La Paz.

Health and Wellness

🏥 Best Hospital Hospital Viedma is one of the best-equipped hospitals in Cochabamba.
🧘 Yoga & Wellness Centers Centro De Yoga Shanti offers yoga classes for different levels.
🏋️ Gyms & Fitness Centers Basic-Fit and BodyTech are popular fitness centers.
🧺 Laundry Services Lavandería La Estrella offers affordable wash and fold services.

Food and Drink

📱 Best Food Delivery App Rappi and Glovo are popular for food delivery.
🍽️ Best Local Dish to Try Try 'Pique Macho', a popular local meat dish.
🍱 Vegan/Vegetarian Options Restaurant Vegano offers exclusively vegan dishes.
🍫 Best Dessert Spots Pastelería La Casa del Chocolate offers a delightful variety of pastries.
🛒 Affordable Shopping Spots Mercado La Cancha is the largest market for local goods and fresh produce.
🛒 E-commerce/Online Store MercadoLibre is the most popular online marketplace in Bolivia.
🛒 Grocery Delivery Local deliveries available from Supermercado Automarket.
🍸 Bar/Nightlife Area The Avenida Ayacucho area has a vibrant nightlife scene.
🍻 Local Brewery Cervecería 3M is a popular local brewery to explore.
🍷 Wine Bars Wine Bar Tencha offers an excellent selection of local wines.
🍲 Street Food Stalls Street vendors near Plaza 14 de Septiembre offer delicious local snacks.
🍕 Popular International Cuisine Café Roma serves Italian dishes, while Café Paris is known for French cuisine.

Culture and Attractions

🎟️ Must-See Landmarks Christ the Redeemer statue atop San Pedro Hill offers a panoramic view.
🏛️ Museums & Art Venues Museo de Historia Natural is a must-visit for cultural enthusiasts.
🏰 Historical Sites The Palacio de Justicia and Catedral Metropolitana are significant historical places.
🕍 Religious Sites Iglesia de San Sebastián is a beautiful church to visit.
🎉 Annual Events La Feria de la Alasita in January is a vibrant local festival.
🎨 Cultural Districts El Prado is known for its cultural activities and exhibitions.
🎭 Theater Venues Teatro Achá hosts various performances and cultural events.
🛍️ Local Markets Mercado La Cancha is famous for vivid colors and local crafts.
🎼 Music Scene Cochabamba has live music venues like Casa de la Música.
🎨 Street Art The city's street art can be explored around El Prado.
🧑‍🍳 Cooking Classes Cochabamba Culinary School offers cooking classes focusing on local cuisine.
👩‍🎨 Art Galleries Museo de Arte Contemporáneo is an excellent gallery for modern art.
🕰️ Historic Buildings The historical center has well-preserved colonial buildings.
🏴 Local Heritage Cochabamba celebrates its rich Aymara and Quechua heritage through festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Las Puentas is a nearby natural park for hiking and picnicking.
🏞️ National Parks Nearby Carrasco National Park is within driving distance for nature lovers.
🚲 Cycling/Walking Paths The pathways around the Laguna Alalay are popular for walking and cycling.
🌄 Scenic Viewpoints San Pedro Hill offers breathtaking views of the city.
🦉 Birdwatching Locations Paylumani is a less-frequented spot perfect for birdwatching.
🔥 Bonfire-Friendly Spots Several parks allow campfires; inquire locally for designated areas.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local post services available for shipping.
🛠️ Tech Repair Services Cochabamba has various local shops for tech repairs.
🏓 Table Tennis Spots Local parks often have tables available for public use.
🧑‍🏫 Language Classes Instituto Cultural offers language courses in Spanish.
📚 Libraries & Study Spots Biblioteca Municipal offers a quiet place for studying.
🏘️ Community Centers Centro Cultural offers various classes and community events.
🕹️ Gaming Lounges Cochabamba has internet cafes where gaming is popular.
🎰 Casino & Gaming Halls Casino Palace offers a range of gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. $1,500 per m² (e.g., 40 m² = $60,000)
🏢 Studio Purchase Price (Outside City) Approx. $1,200 per m² (e.g., 40 m² = $48,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,800 per m² (e.g., 60 m² = $108,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $1,400 per m² (e.g., 60 m² = $84,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $1,700 per m² (e.g., 80 m² = $136,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $1,300 per m² (e.g., 80 m² = $104,000)
💼 Corporate Tax 25%.
💵 Dividend Withholding Tax 12.5%.
🏦 Tax System Tax on worldwide income for residents.
📈 Highest Income Tax Bracket 25%.
🧾 VAT 13%.
🌐 Controlled Foreign Company (CFC) Rules Yes, Bolivian tax authorities monitor overseas income.
🏠 Property Tax Property tax is based on the property's cadastral value.
🏠 Property Transaction Tax 3% on property sales.
💻 Attractive Tax System for Digital Nomads No specific tax benefits; consider local regulations.

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