Nomad Score: 64%

Essentials

🏙️ City Belo Horizonte is the capital of the state of Minas Gerais, known for its rich culture, modern architecture, and culinary delights.
👥 Population Approximately 2.5 million
💻 Internet Speed Average of 30 Mbps
💸 Currency & Banking 1 BRL ≈ 0.18 USD; Cash is preferred, but cards are commonly accepted.
🚰 Tap Water Drinkable, but bottled water is recommended due to taste.
🔌 Power 127V, 60Hz, 🔌 Type N sockets
📶 SIM Card Providers include Vivo, Claro, and TIM.
💳 Banking for Expats Banco do Brasil, Bradesco, and digital banks like Nubank are widely used.
🛌 Accommodation Options range from Airbnb to local apartments on platforms like OLX.
💳 Cashless Friendly Yes, major cards accepted widely, especially in urban areas.
🏠 Short Term Rentals Airbnb, VRBO, and local real estate sites offer short-term options.
🛏️ Budget Accommodation Hostel Veleiro and Pampulha Hostel are popular inexpensive choices.

Working and Networking

🏢 Best Coworking Space Mundo Coworking located in Savassi area.
Best Cafe for Work Cafe do Mercado in Mercado Central is a favorite for remote workers.
💼 Networking Events Meetups hosted on platforms like Meetup.com and local Facebook groups.
🥂 Social Events for Expats Expat Community Events can be found on Expat.com and Facebook Groups.

Transportation

🚕 Best Taxi/Ride App Uber and 99 are popular ride-hailing services.
🚲 Bike/Scooter Rental Look for local companies like Grin for scooters and bike-sharing services.
🏖️ Best Beach Nearby Praia da Enseada in Guarapari is about 5 hours away.
✈️ Top Regional Airline Avianca Brazil for regional flights.
✈️ Top International Airline LATAM and GOL for international connections.
🛣️ Highway Access Access to BR-040 and BR-262 highways.
🚉 Main Train/Transit Hub Estação Central is the primary transit station.
🚍 Public Transport Passes Bilhete Único for buses and metro offering unlimited transfers.
✈️ Regional Travel Buses to cities like Ouro Preto and Tiradentes are available from several terminals.

Health and Wellness

🏥 Best Hospital Hospital das Clínicas is highly regarded for healthcare.
🧘 Yoga & Wellness Centers Yoga & Movimento and Espaço de Yoga Verde are popular among locals.
🏋️ Gyms & Fitness Centers SmartFit and Academia Runner across various neighborhoods.
🧺 Laundry Services Lavanderia Girassol offers laundry services around the city.

Food and Drink

📱 Best Food Delivery App iFood and Rappi are widely used for food delivery.
🍽️ Best Local Dish to Try Pão de Queijo is a popular bread with cheese that visitors must try.
🍱 Vegan/Vegetarian Options Super Natural and Casa da Carne offer excellent vegetarian choices.
🍫 Best Dessert Spots Confectionery Aunty Rita is famous for its delicious desserts.
🛒 Affordable Shopping Spots Mercado Central has a variety of local food and crafts.
🛒 E-commerce/Online Store Mercado Livre is a major online shopping platform in Brazil.
🛒 Grocery Delivery Rappi and Carrefour app offer grocery delivery.
🍸 Bar/Nightlife Area Savassi is known for its vibrant nightlife and bars.
🍻 Local Brewery Cervejaria Wäls offers tours and tastings.
🍷 Wine Bars Dona Míni offers a cozy atmosphere with great wine selections.
🍲 Street Food Stalls Street vendors in Praça da Liberdade serve delicious local snacks.
🍕 Popular International Cuisine Ramen shops and pizzerias like Bráz Pizzaria are popular.

Culture and Attractions

🎟️ Must-See Landmarks Inhotim Institute and Praça da Liberdade are iconic sites.
🏛️ Museums & Art Venues Museum of Arts and the Museu Clube da Esquina showcase local culture.
🏰 Historical Sites The Nossa Senhora da Boa Viagem Church is a historical gem.
🕍 Religious Sites Sanctuary of São Gonçalo do Amarante is worth visiting.
🎉 Annual Events Carnaval in Belo Horizonte is vibrant and attracts many visitors.
🎨 Cultural Districts Savassi is known for its cultural offerings and nightlife.
🎭 Theater Venues Teatro Francisco Nunes hosts various performances.
🛍️ Local Markets Mercado Central is a must-visit for food and local crafts.
🎼 Music Scene The city has a lively music scene with bars like O Boteco and Espaço do Conhecimento UFMG.
🎨 Street Art Graffiti art in Santa Tereza neighborhood is renowned.
🧑‍🍳 Cooking Classes Brunch Cooking Studio offers Brazilian cooking classes.
👩‍🎨 Art Galleries Galeria Antonio M. offers contemporary art exhibitions.
🕰️ Historic Buildings The Palacio das Artes is an architectural masterpiece.
🏴 Local Heritage The city's culinary heritage is showcased in its many traditional restaurants.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Parque das Mangabeiras offers stunning views and hiking trails.
🏞️ National Parks Nearby Caparaó National Park is a couple of hours away and is great for hiking.
🚲 Cycling/Walking Paths The Pampulha Lake offers scenic paths for cycling and walking.
🌄 Scenic Viewpoints Mirante do Mangabeiras is great for panoramic city views.
🦉 Birdwatching Locations The Serra do Cipó National Park is known for diverse bird species.
🔥 Bonfire-Friendly Spots Look for designated spots in Parque Ecológico da Pampulha.

Other Services and Amenities

📦 Parcel Delivery Service Correios offers comprehensive postal services.
🛠️ Tech Repair Services Repair shops like Centro de Assistência Técnica are prevalent.
🏓 Table Tennis Spots Many parks have tables available for public use.
🧑‍🏫 Language Classes Instituto Brasil-Estados Unidos offers Portuguese classes.
📚 Libraries & Study Spots Biblioteca Pública Estadual de Minas Gerais is a great study location.
🏘️ Community Centers Centro Cultural Banco do Brasil offers various community programs.
🕹️ Gaming Lounges CiberContato is a popular gaming spot.
🎰 Casino & Gaming Halls The city does not have traditional casinos, but nearby resort areas do.

Business

🏢 Studio Purchase Price (City Center) Approx. R$8,000 per m² (e.g., 40 m² = R$320,000)
🏢 Studio Purchase Price (Outside City) Approx. R$5,500 per m² (e.g., 40 m² = R$220,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. R$7,500 per m² (e.g., 60 m² = R$450,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. R$4,800 per m² (e.g., 60 m² = R$288,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. R$6,700 per m² (e.g., 80 m² = R$536,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. R$4,200 per m² (e.g., 80 m² = R$336,000)
💼 Corporate Tax 34% standard corporate tax rate.
💵 Dividend Withholding Tax 15% tax rate applied to dividends.
🏦 Tax System Brazil has a worldwide income tax system for residents.
📈 Highest Income Tax Bracket 27.5% maximum personal income tax rate.
🧾 VAT Standard Value Added Tax rate is 17%.
🌐 Controlled Foreign Company (CFC) Rules Yes, Brazil has tax rules for foreign subsidiaries.
🏠 Property Tax Yes, based on property value and municipal policies.
🏠 Property Transaction Tax Generally around 2% to 4% on property purchases.