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Cologne, Germany 🇩🇪
#490 ,

Nomad Score: 67%

Essentials

🏙️ City Cologne is a vibrant city known for its impressive cathedral, cultural scene, and rich history.
👥 Population Approx. 1,100,000
💻 Internet Speed Average of 100 Mbps in urban areas
💸 Currency & Banking 1 EUR ≈ 1.07 USD. Major banks include Deutsche Bank, Commerzbank.
🚰 Tap Water Drinkable
🔌 Power 230V, 50Hz, 🔌 Type C/E sockets
📶 SIM Card Providers include Telekom, Vodafone, O2.
💳 Banking for Expats Revolut and N26 are popular for expats.
🛌 Accommodation Options include Airbnb, local rental agencies, and long-term leases.
💳 Cashless Friendly Yes, cards widely accepted.
🏠 Short Term Rentals Airbnb and Booking.com are popular for short stays.
🛏️ Budget Accommodation Hostel Köln is an affordable lodging option.
🏙️ Best Area to Stay for Tourists Altstadt (Old Town) is recommended for tourists.
🏙️ Best Area to Stay for Digital Nomads The Belgian Quarter and Ehrenfeld are popular among digital nomads.

Working and Networking

🏢 Best Coworking Space STARTPLATZ in Deutz is a top coworking space.
Best Cafe for Work Cafe Rico in the Belgian Quarter offers great coffee and a relaxed atmosphere.
💼 Networking Events Meetup.com has various events, including tech and startup meetups.
🥂 Social Events for Expats Cologne Expats Facebook Group hosts regular meetups.

Transportation

🚕 Best Taxi/Ride App Free Now (previously MyTaxi) is popular.
🚲 Bike/Scooter Rental Cappuccino and Lime offer bike and scooter rentals.
🏖️ Best Beach Nearby The closest beach is in Widdig, about 30 mins away by car.
✈️ Top Regional Airline Eurowings is the main regional airline.
✈️ Top International Airline Lufthansa and KLM operate major international flights.
🛣️ Highway Access Connected to the A1 and A3 highways.
🚉 Main Train/Transit Hub Cologne Central Station (Kölner Hauptbahnhof) connects to many regional and international lines.
🚍 Public Transport Passes Monthly pass for €98 covering KVB services.
✈️ Regional Travel Trains (DB and RE) and buses provide access to nearby cities like Bonn and Düsseldorf.

Health and Wellness

🏥 Best Hospital Universitätsklinikum Köln is the main university hospital.
🧘 Yoga & Wellness Centers Yogatribe offers various yoga styles and wellness classes.
🏋️ Gyms & Fitness Centers Fitness First and McFIT have multiple locations.
🧺 Laundry Services Wäscheteufel provides laundry services across the city.

Food and Drink

📱 Best Food Delivery App Lieferando is widely used for food delivery.
🍽️ Best Local Dish to Try Try Himmel un Ääd (Heaven and Earth), a traditional dish.
🍱 Vegan/Vegetarian Options Restaurants like The Vegan Eagle offer diverse plant-based menus.
🍫 Best Dessert Spots Brot und Butter is famous for its pastries.
🛒 Affordable Shopping Spots Markets like Markt auf dem Rudolfplatz provide local produce.
🛒 E-commerce/Online Store Amazon and local stores like MediaMarkt are popular.
🛒 Grocery Delivery Bringmeister and Rewe provide grocery delivery services.
🍸 Bar/Nightlife Area The Agincourt area is popular for nightlife.
🍻 Local Brewery Kölsch breweries like Gaffel are known for their pilsner.
🍷 Wine Bars Weinhaus Ehlen offers a wide selection of wines.
🍲 Street Food Stalls Try the food stalls at the Cologne Street Food Festival.
🍕 Popular International Cuisine Restaurants like Damas offer Syrian cuisine.

Culture and Attractions

🎟️ Must-See Landmarks Cologne Cathedral (Kölner Dom) is a UNESCO World Heritage site.
🏛️ Museums & Art Venues Museum Ludwig showcases modern art and photography.
🏰 Historical Sites The Roman-Germanic Museum features artifacts from Roman times.
🕍 Religious Sites St. Gereon's Basilica is one of the oldest churches in Cologne.
🎉 Annual Events Karneval is a major annual festival celebrated in February.
🎨 Cultural Districts The Belgian Quarter is known for its vibrant cultural scene.
🎭 Theater Venues Kölner Philharmonie is famous for its classical music concerts.
🛍️ Local Markets Cologne Christmas Market is famous for local crafts and foods in winter.
🎼 Music Scene Live music can be found at venues like Club Bahnhof Ehrenfeld.
🎨 Street Art Stolzes Köln showcases local graffiti and street artists.
🧑‍🍳 Cooking Classes Kochschule Köln offers various culinary classes.
👩‍🎨 Art Galleries Galerie Karsten Greve presents contemporary art exhibitions.
🕰️ Historic Buildings The Old Market Square features historical architecture.
🏴 Local Heritage Cologne's history dates back to Roman times, evidenced by remnants around the city.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The Forstbotanischer Garten offers serene green spaces.
🏞️ National Parks Nearby Eifel National Park is approximately 1 hour drive from Cologne.
🚲 Cycling/Walking Paths The Rhine promenade offers scenic views and paths for walking and cycling.
🌄 Scenic Viewpoints The Hohenzollern Bridge provides stunning river and city views.
🦉 Birdwatching Locations The flora and fauna around the Fühlinger See are great for birdwatching.
🔥 Bonfire-Friendly Spots Designated areas in parks like Rheinpark allow bonfires.

Other Services and Amenities

📦 Parcel Delivery Service DHL and Hermes offer reliable delivery services.
🛠️ Tech Repair Services MediaMarkt provides electronic repair services.
🏓 Table Tennis Spots Various parks like Auenweg have public table tennis tables.
🧑‍🏫 Language Classes Goethe-Institut offers German language courses.
📚 Libraries & Study Spots Kölner Stadtbibliothek is a popular public library for studying.
🏘️ Community Centers Haus der Jugend provides various community services.
🕹️ Gaming Lounges Epic Lounge offers a great space for gamers.
🎰 Casino & Gaming Halls Casino Köln is a well-known gaming venue.

Business

🏢 Studio Purchase Price (City Center) Approx. €3,500 per m² (e.g., 40 m² = €140,000)
🏢 Studio Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 40 m² = €112,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,200 per m² (e.g., 60 m² = €192,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 60 m² = €150,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,000 per m² (e.g., 80 m² = €240,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,300 per m² (e.g., 80 m² = €184,000)
💼 Corporate Tax 15% standard corporate tax rate.
💵 Dividend Withholding Tax 26.375% on dividend distributions.
🏦 Tax System Progressive tax system based on worldwide income.
📈 Highest Income Tax Bracket 45% for high earners.
🧾 VAT 19% standard VAT rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply for foreign subsidiaries.
🏠 Property Tax Annual property tax based on local valuation.
🏠 Property Transaction Tax 6.5% property transaction tax.
💻 Attractive Tax System for Digital Nomads Digital nomads can benefit from a favorable flat tax rate scheme for foreign income applicants.

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