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Potosí, Bolivia 🇧🇴
#1456 ,

Nomad Score: 47%

Essentials

🏙️ City Potosí is a city in the highlands of Bolivia, famous for its rich mining history and colonial architecture.
👥 Population Approximately 140,000
💻 Internet Speed Average of 10 Mbps
💸 Currency & Banking 1 USD ≈ 6.96 BOB, major banks include Banco Nacional de Bolivia and Banco BISA.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 230V, 50Hz, Type C/Sockets.
📶 SIM Card Entel, Viva, and Tigo offer good coverage with prepaid options.
💳 Banking for Expats Credit cards are accepted at most hotels and restaurants, but cash is preferred.
🛌 Accommodation Options range from hostels to hotels; Airbnb is available for short-term stays.
💳 Cashless Friendly Limited; cash is widely used, especially in local markets.
🏠 Short Term Rentals Airbnb and local hostels are popular for short-term stays.
🛏️ Budget Accommodation Hostel Casa Blanca, with rates around 60 BOB per night.
🏙️ Best Area to Stay for Tourists The historic city center, near Plaza 10 de Noviembre.
🏙️ Best Area to Stay for Digital Nomads Areas around Calle Ayacucho and Plaza Simón Bolívar offer quieter environments and some cafes.

Working and Networking

🏢 Best Coworking Space CoWork Potosí, located in the city center with reliable Wi-Fi.
Best Cafe for Work Cafe Mokka, known for its cozy environment and good coffee.
💼 Networking Events Regular meetups at CoWork Potosí; check Facebook groups for updates.
🥂 Social Events for Expats Monthly meetings organized through the Potosí Expats and Travelers Facebook group.

Transportation

🚕 Best Taxi/Ride App Easy Taxi and Siempre Taxi are the popular local apps.
🚲 Bike/Scooter Rental Bike rentals available at various shops in the city center.
🏖️ Best Beach Nearby No beach; nearest major water body is Lake Poopó, 2 hours away.
✈️ Top Regional Airline Amaszonas operates flights to La Paz and Santa Cruz.
✈️ Top International Airline Latam Airlines offers international connections via La Paz.
🛣️ Highway Access Potosí is connected via Route 1 to neighboring towns.
🚉 Main Train/Transit Hub No major train stations; local buses connect to surrounding areas.
🚍 Public Transport Passes Buses and micros operate without a formal pass system; fares average 2 BOB.
✈️ Regional Travel Buses connect to Sucre, Uyuni, and La Paz regularly.

Health and Wellness

🏥 Best Hospital Hospital Daniel Bracamonte is the largest public hospital.
🧘 Yoga & Wellness Centers Yoga Potosí offers classes, located near Plaza 10 de Noviembre.
🏋️ Gyms & Fitness Centers Basic Fit gym available, with monthly memberships around 200 BOB.
🧺 Laundry Services Lavandería La Nueva is popular, offering wash and fold services.

Food and Drink

📱 Best Food Delivery App Domicilios and Uber Eats operate in Potosí.
🍽️ Best Local Dish to Try Mundu (a local potato dish) and Salteñas (Bolivian pastries).
🍱 Vegan/Vegetarian Options El Rincón Vegano offers dedicated plant-based menu.
🍫 Best Dessert Spots Dulces de Potosí for local desserts like alfajores.
🛒 Affordable Shopping Spots Mercado Central Potosí is the go-to for local produce and snacks.
🛒 E-commerce/Online Store Lagarto (local online marketplace) for various goods.
🛒 Grocery Delivery Supermercado Hipermaxi offers delivery services.
🍸 Bar/Nightlife Area Bolivar Street for various bars and nightlife.
🍻 Local Brewery Brewery Potosí offers tours and tastings of local beers.
🍷 Wine Bars No notable wine bars; local wines are available in restaurants.
🍲 Street Food Stalls Traditionally near Plaza 10 de Noviembre; try anticuchos.
🍕 Popular International Cuisine Some options include hamburger shops and pizza places.

Culture and Attractions

🎟️ Must-See Landmarks Cerro Rico and the Potosí Mint.
🏛️ Museums & Art Venues Museo de la Casa de la Moneda is a key cultural site.
🏰 Historical Sites The Basilica of Our Lady of Machines is a must-visit.
🕍 Religious Sites Iglesia de San Lorenzo is a notable church.
🎉 Annual Events Carnaval de Potosí in February is well-known.
🎨 Cultural Districts The historic center features colonial architecture and culture.
🎭 Theater Venues Teatro Jr. is a local venue for performances.
🛍️ Local Markets Mercado Central for local crafts and food.
🎼 Music Scene Local bars often host live music, especially folk.
🎨 Street Art Some murals can be found in the city center.
🧑‍🍳 Cooking Classes Available through local cooking schools; inquire at tourism offices.
👩‍🎨 Art Galleries Galería de Arte Potosí showcases local artists.
🕰️ Historic Buildings The colonial-era buildings in the city center.
🏴 Local Heritage The rich mining history and indigenous culture shape the identity.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Salar de Uyuni, about 6 hours by bus, offers breathtaking landscapes.
🏞️ National Parks Nearby National Park Sajama is 3 hours away and offers stunning natural scenery.
🚲 Cycling/Walking Paths Trails around Cerro Rico are popular for hiking.
🌄 Scenic Viewpoints Mirador del Cerro Rico provides panoramic views of the city.
🦉 Birdwatching Locations Biosfera de Bañados del Izozog for diverse bird species.
🔥 Bonfire-Friendly Spots Some designated parks allow small bonfires, inquire locally.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local services like Servientrega are available.
🛠️ Tech Repair Services Electrónica Potosí for phone and computer repair.
🏓 Table Tennis Spots Available at local community centers.
🧑‍🏫 Language Classes Spanish language schools in the city cater to expats.
📚 Libraries & Study Spots Biblioteca Municipal for studying and reading.
🏘️ Community Centers Centro Cultural Potosí hosts various community events.
🕹️ Gaming Lounges A few small gaming cafes exist in the city.
🎰 Casino & Gaming Halls Casino Potosí is available for those interested.

Business

🏢 Studio Purchase Price (City Center) Approx. $800 per m² (e.g., 40 m² = $32,000)
🏢 Studio Purchase Price (Outside City) Approx. $500 per m² (e.g., 40 m² = $20,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $700 per m² (e.g., 60 m² = $42,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $450 per m² (e.g., 60 m² = $27,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $650 per m² (e.g., 80 m² = $52,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $400 per m² (e.g., 80 m² = $32,000)
💼 Corporate Tax 25% for corporations.
💵 Dividend Withholding Tax 12.5% on dividends.
🏦 Tax System Progressive income tax rates based on residence.
📈 Highest Income Tax Bracket 25% for high earners.
🧾 VAT 13% standard VAT.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax Annual property tax varies by location.
🏠 Property Transaction Tax 1% standard rate applied during property purchases.
💻 Attractive Tax System for Digital Nomads Foreign income not subject to Bolivian tax residents.

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