Nomad Watch

Essentials

City
Medellín, Antioquia, Colombia
Population
Approx. 2,600,000 (Metropolitan area 4,000,000)
Internet Speed
Average 100-200 Mbps (Fiber available widely in El Poblado and Envigado)
Currency & Banking
Colombian Peso (COP). 1 USD ≈ 3,900 COP / 1 EUR ≈ 4,200 COP
Tap Water
Drinkable and safe in the city (high-quality mountain water)
Power
110V, 60Hz, 🔌 Type A/B sockets (Same as USA/Canada)
SIM Card
Tigo, Claro, or Movistar. Approx. 40,000 COP ($10 USD) for 20GB/month
Banking for Expats
Bancolombia, Davivienda; Lulo Bank and NuBank are popular digital alternatives
Accommodation
Monthly rentals range from $800 USD (Studio) to $2,500 USD (Luxury Penthouse)
Cashless Friendly
Mainly Yes; cards accepted in malls/upscale areas, but cash is king for street vendors/taxis
Short Term Rentals
Airbnb, Tellanto, and localized platforms like Roomi
Budget Accommodation
Los Patios Hostel (approx. $25/night dorm, $70/night private), Selina Medellín
Best Area to Stay for Tourists
El Poblado (Specifically Parque Lleras and Provenza) for nightlife/dining
Best Area to Stay for Digital Nomads
Laureles (flatter, more local feel) or Envigado (residential and quiet)

Working and Networking

Best Coworking Space
Semilla Community (Laureles) - $15 Daily / $180 Monthly; Co-Work Latam (Poblado)
Best Cafe for Work
Pergamino Coffee Roasters (Via Primavera) or Hija Mía (Patiño Market)
Networking Events
Medellín Entrepreneurs Weekly Meetup at various breweries; Friday Language Exchanges
Social Events for Expats
Medellín Digital Nomads Facebook Group; Gringo Tuesdays at Vintrash Bar

Transportation

Best Taxi/Ride App
Uber, InDrive, and Cabify (Yellow taxis use 'Taximetro')
Bike/Scooter Rental
Encicla (Public bike share - free for registered users); Turibike for rentals
Best Beach Nearby
None (landlocked city). Closest is Turbo/Arboletes (8 hours) or fly to Cartagena (1 hour)
Top Regional Airline
EasyFly (Clic) and SATENA (flying from Olaya Herrera Airport/EOH)
Top International Airline
Avianca, LATAM, and American Airlines (via Jose Maria Cordova/MDE)
Highway Access
Autopista Regional (Connects North/South) and Las Palmas (Connects to airport)
Main Train/Transit Hub
San Antonio Station (Transfer hub for Metro Line A, B, and Tram)
Public Transport Passes
Cívica Card (required for Metro, Metrocable, and Tram); ~3,000 COP per trip
Regional Travel
Terminal del Norte (to Guatapé/Bogotá) and Terminal del Sur (to Jardín/Coffee Region)

Health and Wellness

Best Hospital
Hospital Pablo Tobón Uribe and Clínica El Rosario (high-tech private facilities)
Yoga & Wellness Centers
Flying Tree Yoga (Laureles) and Atman Yoga (Poblado)
Gyms & Fitness Centers
SmartFit (multiple locations, ~100k COP/month) and Bodytech (Premium)
Laundry Services
Lavandería Burbujas (Poblado) - Approx. 10,000 COP per kilo (wash/dry/fold)

Food and Drink

Best Food Delivery App
Rappi (extremely dominant and efficient)
Best Local Dish to Try
Bandeja Paisa (Beans, rice, pork belly, egg, avocado, arepa)
Vegan/Vegetarian Options
Helecho (Vegan Sushi) and Kai (Plant-based dining in Poblado)
Best Dessert Spots
Ammazza Gin Garden (for artisanal Gelato) and Repostería Astor
Affordable Shopping Spots
Plaza Minorista (Massive local food market) and Exito Supermarkets
E-commerce/Online Store
Mercado Libre Colombia
Grocery Delivery
Rappi or Carulla.com.co
Bar/Nightlife Area
Provenza (upscale) and La 70 in Laureles (authentic salsa/crossover)
Local Brewery
20Mission Cervecería and Cervecería Libre
Wine Bars
Criminal Wine (Poblado) and Vinolivo
Street Food Stalls
Mercado del Río (Upmarket food hall) and street Empanadas in Envigado
Popular International Cuisine
Mamasita Medallo (Fusion) and Seoul Ghost (Korean BBQ)

Culture and Attractions

Must-See Landmarks
Plaza Botero (Giant sculptures) and Comuna 13 (Graffiti & Escalators)
Museums & Art Venues
Museo de Antioquia and Museo de Arte Moderno (MAMM)
Historical Sites
Casa de la Memoria (Conflict museum) and Pueblito Paisa
Religious Sites
Metropolitan Cathedral of Medellín and San José Church
Annual Events
Feria de las Flores (Flower Festival in August)
Cultural Districts
Barrio Prado (Historical mansions) and Comuna 13
Theater Venues
Teatro Metropolitano Jose Gutierrez Gomez
Local Markets
Mercado de San Alejo (Handicrafts/Monthly first Saturday)
Music Scene
El Eslabón Prendido (Salsa) and Salon Malaga (Tango/Bolero)
Street Art
Comuna 13 'Graffitour' and murals in Getsemaní-style Laureles
Cooking Classes
Colombian Little Kitchen (Laureles)
Art Galleries
Lokkus Arte Contemporáneo
Historic Buildings
Palacio de la Cultura Rafael Uribe Uribe
Local Heritage
'Paisa' culture - known for industriousness and friendliness

Nature and Outdoor Activities

Nearby Nature Escapes
Guatapé & El Peñol (2 hours away); Santa Fe de Antioquia
National Parks Nearby
Parque Arví (Accessible by Metrocable from Santo Domingo station)
Cycling/Walking Paths
Ciclovía (Sundays/Holidays major roads close for biking); Cerro El Volador
Scenic Viewpoints
Mirador Las Palmas (City views at night) and Cerro de las Tres Cruces (Hike)
Birdwatching Locations
Jardín Botánico de Medellín
Bonfire-Friendly Spots
Lleras Park areas (commercial) or private fincas in Llano Grande

Other Services and Amenities

Parcel Delivery Service
Servientrega and Coordinadora
Tech Repair Services
Monterrey Technology Mall (El Poblado)
Table Tennis Spots
INDER Medellín public spaces and certain sports complexes in Laureles
Language Classes
Universidad EAFIT Spanish Program and Toucan Spanish School
Libraries & Study Spots
Biblioteca Pública Piloto and Library Parks (Parques Biblioteca)
Community Centers
Ruta N (Innovation and business hub)
Gaming Lounges
Arena Gaming (various locations)
Casino & Gaming Halls
Casino San Remo and Casino Hollywood

Business

Studio Purchase Price (City Center)
Approx. $1,800 USD per m² (e.g., 40 m² = $72,000 USD)
Studio Purchase Price (Outside City)
Approx. $1,200 USD per m² (e.g., 40 m² = $48,000 USD)
1-Bedroom Purchase Price (City Center)
Approx. $2,200 USD per m² (e.g., 60 m² = $132,000 USD)
1-Bedroom Purchase Price (Outside City)
Approx. $1,400 USD per m² (e.g., 60 m² = $84,000 USD)
2-Bedroom Purchase Price (City Center)
Approx. $2,000 USD per m² (e.g., 80 m² = $160,000 USD)
2-Bedroom Purchase Price (Outside City)
Approx. $1,300 USD per m² (e.g., 80 m² = $104,000 USD)
Corporate Tax
35% (Standard rate for 2024-2026)
Dividend Withholding Tax
20% for non-residents
Tax System
Residency-based (Worldwide income taxed after 183 days in the country)
Highest Income Tax Bracket
39%
VAT
19% (IVA)
Controlled Foreign Company (CFC) Rules
Yes, applicable to residents with control over foreign entities
Property Tax
Predial - ranges from 0.5% to 1.2% of cadastral value annually
Property Transaction Tax
Registration fees/taxes approx. 2-3% of purchase price
Attractive Tax System for Digital Nomads
Digital Nomad Visa (V-Nomadas Digitales) allows 2 years stay; income from abroad may be exempt if not tax resident

Continue exploring Medellín