Nomad Score: 69%

Essentials

πŸ™οΈ City Munich, known as MΓΌnchen in German, is the capital of Bavaria and the third largest city in Germany, famous for its beer gardens, historical architecture, and cultural festivals.
πŸ‘₯ Population Approximately 1.5 million
πŸ’» Internet Speed Average internet speed is around 130 Mbps
πŸ’Έ Currency & Banking 1 EUR β‰ˆ 1.05 USD
🚰 Tap Water Drinkable, Munich's tap water is renowned for its quality
πŸ”Œ Power 230V, 50Hz, πŸ”Œ Type C/F sockets
πŸ“Ά SIM Card Providers include Deutsche Telekom, Vodafone, and O2
πŸ’³ Banking for Expats Common options include Deutsche Bank, N26, and Revolut
πŸ›Œ Accommodation Popular accommodation platforms include Airbnb, Booking.com, and local rentals
πŸ’³ Cashless Friendly Yes, most places accept cards and contactless payments
🏠 Short Term Rentals Options include Airbnb, Homelike, and local agencies
πŸ›οΈ Budget Accommodation Hostel options include Euro Youth Hostel and HI Munich Park

Working and Networking

🏒 Best Coworking Space Werk1, located in the creative quarter, offers a vibrant community and modern amenities.
β˜• Best Cafe for Work Manhattan, known for its comfortable atmosphere and excellent coffee.
πŸ’Ό Networking Events Tech Meetup Munich hosts regular networking events for tech professionals.
πŸ₯‚ Social Events for Expats Expat in Munich Facebook Group provides numerous meetups and connections.

Transportation

πŸš• Best Taxi/Ride App Free Now (formerly MyTaxi) is popular for ride hailing.
🚲 Bike/Scooter Rental Lime and Nextbike are widely used for bike and scooter rentals.
πŸ–οΈ Best Beach Nearby Starnberger See, a popular lake, is about 30 minutes away.
✈️ Top Regional Airline Lufthansa operates frequent regional flights.
✈️ Top International Airline Major international carriers include Lufthansa and Ryanair.
πŸ›£οΈ Highway Access A9 and A92 highways connect Munich to other cities.
πŸš‰ Main Train/Transit Hub Munich Central Station (Hauptbahnhof) is the primary transit hub.
🚍 Public Transport Passes The Munich public transport authority (MVV) offers daily and monthly passes.
✈️ Regional Travel Trains and regional buses connect to nearby cities like Nuremberg and Augsburg.

Health and Wellness

πŸ₯ Best Hospital Klinikum der UniversitΓ€t MΓΌnchen is a top referral hospital.
🧘 Yoga & Wellness Centers Yoga Vida offers various classes in a friendly environment.
πŸ‹οΈ Gyms & Fitness Centers Fitness First and McFIT are popular gym chains in Munich.
🧺 Laundry Services Waschsalon is a convenient self-service laundromat option.

Food and Drink

πŸ“± Best Food Delivery App Lieferando is a popular food delivery service.
🍽️ Best Local Dish to Try Weißwurst (white sausage) with sweet mustard is a local specialty.
🍱 Vegan/Vegetarian Options Kopps Vegan is a highly-rated plant-based restaurant.
🍫 Best Dessert Spots Cafe Frischhut is famous for its Schmalznudeln (German donuts).
πŸ›’ Affordable Shopping Spots Markthalle is a popular local food market.
πŸ›’ E-commerce/Online Store Amazon Germany and Otto are well-known e-commerce platforms.
πŸ›’ Grocery Delivery Flaschenpost and Rewe offer grocery delivery services.
🍸 Bar/Nightlife Area The Glockenbachviertel district is known for its nightlife and bars.
🍻 Local Brewery HofbrÀuhaus München is a famous beer hall and brewery.
🍷 Wine Bars Weinhaus Schneider offers a great selection of wines.
🍲 Street Food Stalls The Street Food Market at Elisabethmarkt offers diverse options.
πŸ• Popular International Cuisine Eat the World offers food tours featuring international dishes.

Culture and Attractions

🎟️ Must-See Landmarks Marienplatz, home to the New Town Hall and Glockenspiel, is a must-visit.
πŸ›οΈ Museums & Art Venues The Deutsches Museum is the world's largest museum of science and technology.
🏰 Historical Sites Fairy-tale Neuschwanstein Castle is a 2-hour train ride away.
πŸ• Religious Sites Frauenkirche is Munich's iconic church and a city symbol.
πŸŽ‰ Annual Events Oktoberfest, the world-famous beer festival, takes place every fall.
🎨 Cultural Districts The Altstadt-Lehel district is rich in history and culture.
🎭 Theater Venues The Bayerische Staatsoper is renowned for opera and ballet performances.
πŸ›οΈ Local Markets Viktualienmarkt is a famous outdoor market with fresh produce.
🎼 Music Scene Munich has a vibrant music scene with venues like Technikum and Muffatwerk.
🎨 Street Art The Glockenbachviertel district showcases diverse street art.
πŸ§‘β€πŸ³ Cooking Classes Bavarian Cooking School offers hands-on classes for traditional recipes.
πŸ‘©β€πŸŽ¨ Art Galleries The Lenbachhaus houses an impressive collection of modern art.
πŸ•°οΈ Historic Buildings Nymphenburg Palace is a stunning example of Baroque architecture.
🏴 Local Heritage Bavarian culture is celebrated through festivals and traditional costumes.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Englischer Garten is one of the largest urban parks in the world.
🏞️ National Parks Nearby Bavarian Forest National Park is a 2-hour drive away.
🚲 Cycling/Walking Paths Isar River offers scenic paths for walking and cycling.
πŸŒ„ Scenic Viewpoints Alter Peter church offers panoramic views of the city.
πŸ¦‰ Birdwatching Locations The Isar wetlands are great for birdwatching enthusiasts.
πŸ”₯ Bonfire-Friendly Spots Designated areas in parks like Olympiapark allow for bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DHL and Hermes are reliable parcel delivery services.
πŸ› οΈ Tech Repair Services MediaMarkt and Conrad offer electronics repair services.
πŸ“ Table Tennis Spots Many parks have free table tennis tables available for public use.
πŸ§‘β€πŸ« Language Classes Goethe-Institut MΓΌnchen offers German language courses.
πŸ“š Libraries & Study Spots Stadtbibliothek MΓΌnchen (Munich City Library) is a great studying venue.
🏘️ Community Centers There are several community centers offering classes and events to locals.
πŸ•ΉοΈ Gaming Lounges Games Lounge Munich offers a gaming-friendly environment.
🎰 Casino & Gaming Halls Casino München provides traditional gaming experiences.

Business

🏒 Studio Purchase Price (City Center) Approx. €5,500 per mΒ² (e.g., 40 mΒ² = €220,000)
🏒 Studio Purchase Price (Outside City) Approx. €4,200 per mΒ² (e.g., 40 mΒ² = €168,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €5,000 per mΒ² (e.g., 60 mΒ² = €300,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €3,800 per mΒ² (e.g., 60 mΒ² = €228,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. €4,500 per mΒ² (e.g., 80 mΒ² = €360,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. €3,200 per mΒ² (e.g., 80 mΒ² = €256,000)
πŸ’Ό Corporate Tax 15%
πŸ’΅ Dividend Withholding Tax 26.375%
🏦 Tax System Residents are taxed on their worldwide income.
πŸ“ˆ Highest Income Tax Bracket 45%
🧾 VAT 19%
🌐 Controlled Foreign Company (CFC) Rules Yes, Germany has stringent CFC rules.
🏠 Property Tax Yes, based on the assessed value of the property.
🏠 Property Transaction Tax Standard rate is 3.5% in Bavaria.