Forum
Analytics
Munich, Germany 🇩🇪
#487
,
Nomad Score:
68%
Essentials
| 🏙️ City | Munich is the capital city of Bavaria, Germany, known for its rich cultural heritage, art museums, and beer gardens. |
| 👥 Population | Approximately 1.5 million. |
| 💻 Internet Speed | Average broadband speed is around 150 Mbps. |
| 💸 Currency & Banking | Euro (EUR). Current exchange rate is approximately 1 EUR ≈ 1.07 USD. |
| 🚰 Tap Water | Drinkable and some of the best in Europe. |
| 🔌 Power | 230V, 50Hz, 🔌 Type C/E sockets. |
| 📶 SIM Card | Providers include Vodafone, Deutsche Telekom, and O2. |
| 💳 Banking for Expats | Popular banking options include Deutsche Bank, N26, and Revolut. |
| 🛌 Accommodation | Options available through Airbnb, Booking.com, and local real estate agencies like ImmobilienScout24. |
| 💳 Cashless Friendly | Yes, credit/debit cards are accepted widely in most establishments. |
| 🏠 Short Term Rentals | Airbnb and Vrbo are popular choices for short-term stays. |
| 🛏️ Budget Accommodation | Options like MEININGER Hotel Munich City Center and Euro Youth Hotel. |
| 🏙️ Best Area to Stay for Tourists | Altstadt-Lehel offers a central and vibrant experience. |
| 🏙️ Best Area to Stay for Digital Nomads | The Glockenbachviertel is favored for coworking spaces, cafés, and a vibrant community. |
Working and Networking
| 🏢 Best Coworking Space | Weshop is popular for its good vibe and networking opportunities. |
| ☕ Best Cafe for Work | Vits der Kaffee offers a spacious and quiet atmosphere with high-speed Wi-Fi. |
| 💼 Networking Events | Meetup.com frequently lists networking events and groups for digital professionals. |
| 🥂 Social Events for Expats | Expat groups on Facebook like 'Expats in Munich' host regular meetups. |
Transportation
| 🚕 Best Taxi/Ride App | BlaBlaCar and Uber are popular for ride-sharing. |
| 🚲 Bike/Scooter Rental | Services like Lime and Tier offer scooter rentals, while MVG provides bike rentals. |
| 🏖️ Best Beach Nearby | Starnberger See, about 30 mins away by train. |
| ✈️ Top Regional Airline | Lufthansa is the main regional carrier. |
| ✈️ Top International Airline | Major carriers include Lufthansa, KLM, and Air France. |
| 🛣️ Highway Access | A9 and A93 highways connect to key regions. |
| 🚉 Main Train/Transit Hub | Munich Hauptbahnhof (Main Station) is the central transit hub. |
| 🚍 Public Transport Passes | Monthly passes range from €55-€75 depending on zones. |
| ✈️ Regional Travel | Trains (DB) and buses connect Munich to nearby cities like Nuremberg and Augsburg. |
Health and Wellness
| 🏥 Best Hospital | Klinikum der Universität München is highly rated. |
| 🧘 Yoga & Wellness Centers | HappyYoga Munich offers classes for all levels. |
| 🏋️ Gyms & Fitness Centers | Options include Fitness First and McFit. |
| 🧺 Laundry Services | Self-service laundromats like WaschSaloon are available. |
Food and Drink
| 📱 Best Food Delivery App | Deliveroo and Lieferando are the most popular. |
| 🍽️ Best Local Dish to Try | Schweinshaxe (pork knuckle) and Weisswurst (white sausage). |
| 🍱 Vegan/Vegetarian Options | Veganer Taifun and Kaffeeküche are popular vegetarian eateries. |
| 🍫 Best Dessert Spots | Café Frischhut is famous for its Schmalznudeln (German doughnuts). |
| 🛒 Affordable Shopping Spots | Viktualienmarkt offers budget-friendly local food options. |
| 🛒 E-commerce/Online Store | Amazon, Zalando, and Otto dominate the online shopping scene. |
| 🛒 Grocery Delivery | Grocery delivery through REWE and Amazon Fresh available. |
| 🍸 Bar/Nightlife Area | The Glockenbachviertel is known for its vibrant nightlife. |
| 🍻 Local Brewery | Paulaner Brewery offers tours and tastings. |
| 🍷 Wine Bars | Weinobar Lobenberg features a nice selection of wines. |
| 🍲 Street Food Stalls | Street food markets like Streetfood Donnerstag host various vendors. |
| 🍕 Popular International Cuisine | Restaurant Canteen serves diverse international dishes. |
Culture and Attractions
| 🎟️ Must-See Landmarks | Marienplatz and Neuschwanstein Castle are iconic attractions. |
| 🏛️ Museums & Art Venues | Pinakothek der Moderne showcases modern art. |
| 🏰 Historical Sites | Nymphenburg Palace is a significant historical site. |
| 🕍 Religious Sites | Frauenkirche is a notable gothic cathedral. |
| 🎉 Annual Events | Oktoberfest and Christmas markets are major annual events. |
| 🎨 Cultural Districts | Maxvorstadt is known for its art galleries and museums. |
| 🎭 Theater Venues | Bavarian State Opera is a prominent cultural venue. |
| 🛍️ Local Markets | Viktualienmarkt is famous for its food and local produce. |
| 🎼 Music Scene | Gasteig is a major center for concerts and performances. |
| 🎨 Street Art | The district around Paul-Lincke-Ufer has vibrant street art. |
| 🧑🍳 Cooking Classes | Bavarian Cooking Class offers hands-on culinary experiences. |
| 👩🎨 Art Galleries | Galerie Hölzl exhibits contemporary art. |
| 🕰️ Historic Buildings | Munich Residenz displays the history of Bavarian kings. |
| 🏴 Local Heritage | The city’s beer gardens are part of Bavarian tradition. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | The English Garden is one of the largest urban parks in the world. |
| 🏞️ National Parks Nearby | Bavarian Forest National Park is accessible within a few hours. |
| 🚲 Cycling/Walking Paths | The Isar River paths offer scenic routes for cycling and walking. |
| 🌄 Scenic Viewpoints | The viewpoint at Alter Peter tower provides stunning city views. |
| 🦉 Birdwatching Locations | The Isarbanks are ideal spots for birdwatching. |
| 🔥 Bonfire-Friendly Spots | Designated areas in the English Garden allow bonfires. |
Other Services and Amenities
| 📦 Parcel Delivery Service | DHL and Hermes offer reliable shipping services. |
| 🛠️ Tech Repair Services | iRepair and MediaMarkt provide electronic repairs. |
| 🏓 Table Tennis Spots | Munich has several parks with public table tennis tables. |
| 🧑🏫 Language Classes | Volkshochschule offers affordable language classes for expats. |
| 📚 Libraries & Study Spots | Munich City Library is a quiet place for studying. |
| 🏘️ Community Centers | Café am Hochhaus hosts cultural events and language exchanges. |
| 🕹️ Gaming Lounges | The GameHaus Munich is popular among gaming enthusiasts. |
| 🎰 Casino & Gaming Halls | Casino Munich is the main gaming venue in the city. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. €5,500 per m² (e.g., 40 m² = €220,000). |
| 🏢 Studio Purchase Price (Outside City) | Approx. €4,000 per m² (e.g., 40 m² = €160,000). |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. €4,800 per m² (e.g., 60 m² = €288,000). |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. €3,600 per m² (e.g., 60 m² = €216,000). |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. €4,500 per m² (e.g., 80 m² = €360,000). |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. €3,200 per m² (e.g., 80 m² = €256,000). |
| 💼 Corporate Tax | 15%, with a trade tax of about 14%. |
| 💵 Dividend Withholding Tax | 26.375%. |
| 🏦 Tax System | Worldwide income is taxed. |
| 📈 Highest Income Tax Bracket | 45%. |
| 🧾 VAT | Standard VAT rate is 19%. |
| 🌐 Controlled Foreign Company (CFC) Rules | Yes, there are CFC rules in place. |
| 🏠 Property Tax | Yes, based on the value of the property. |
| 🏠 Property Transaction Tax | 3.5% standard rate. |
| 💻 Attractive Tax System for Digital Nomads | No foreign income taxation if registered elsewhere but residing. |