Munich, Germany π©πͺ
#487
48.137107, 11.575382
Nomad Score:
69%
Essentials
ποΈ 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. |
π₯ Population | Approximately 1.5 million |
π» Internet Speed | Average internet speed is around 130 Mbps |
πΈ Currency & Banking | 1 EUR β 1.05 USD |
π° Tap Water | Drinkable, Munich's tap water is renowned for its quality |
π Power | 230V, 50Hz, π Type C/F sockets |
πΆ SIM Card | Providers include Deutsche Telekom, Vodafone, and O2 |
π³ Banking for Expats | Common options include Deutsche Bank, N26, and Revolut |
π Accommodation | Popular accommodation platforms include Airbnb, Booking.com, and local rentals |
π³ Cashless Friendly | Yes, most places accept cards and contactless payments |
π Short Term Rentals | Options include Airbnb, Homelike, and local agencies |
ποΈ Budget Accommodation | Hostel options include Euro Youth Hostel and HI Munich Park |
Working and Networking
π’ 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. |
πΌ Networking Events | Tech Meetup Munich hosts regular networking events for tech professionals. |
π₯ Social Events for Expats | Expat in Munich Facebook Group provides numerous meetups and connections. |
Transportation
π Best Taxi/Ride App | Free Now (formerly MyTaxi) is popular for ride hailing. |
π² Bike/Scooter Rental | Lime and Nextbike are widely used for bike and scooter rentals. |
ποΈ Best Beach Nearby | Starnberger See, a popular lake, is about 30 minutes away. |
βοΈ Top Regional Airline | Lufthansa operates frequent regional flights. |
βοΈ Top International Airline | Major international carriers include Lufthansa and Ryanair. |
π£οΈ Highway Access | A9 and A92 highways connect Munich to other cities. |
π Main Train/Transit Hub | Munich Central Station (Hauptbahnhof) is the primary transit hub. |
π Public Transport Passes | The Munich public transport authority (MVV) offers daily and monthly passes. |
βοΈ Regional Travel | Trains and regional buses connect to nearby cities like Nuremberg and Augsburg. |
Health and Wellness
π₯ Best Hospital | Klinikum der UniversitΓ€t MΓΌnchen is a top referral hospital. |
π§ Yoga & Wellness Centers | Yoga Vida offers various classes in a friendly environment. |
ποΈ Gyms & Fitness Centers | Fitness First and McFIT are popular gym chains in Munich. |
π§Ί Laundry Services | Waschsalon is a convenient self-service laundromat option. |
Food and Drink
π± Best Food Delivery App | Lieferando is a popular food delivery service. |
π½οΈ Best Local Dish to Try | WeiΓwurst (white sausage) with sweet mustard is a local specialty. |
π± Vegan/Vegetarian Options | Kopps Vegan is a highly-rated plant-based restaurant. |
π« Best Dessert Spots | Cafe Frischhut is famous for its Schmalznudeln (German donuts). |
π Affordable Shopping Spots | Markthalle is a popular local food market. |
π E-commerce/Online Store | Amazon Germany and Otto are well-known e-commerce platforms. |
π Grocery Delivery | Flaschenpost and Rewe offer grocery delivery services. |
πΈ Bar/Nightlife Area | The Glockenbachviertel district is known for its nightlife and bars. |
π» Local Brewery | HofbrΓ€uhaus MΓΌnchen is a famous beer hall and brewery. |
π· Wine Bars | Weinhaus Schneider offers a great selection of wines. |
π² Street Food Stalls | The Street Food Market at Elisabethmarkt offers diverse options. |
π Popular International Cuisine | Eat the World offers food tours featuring international dishes. |
Culture and Attractions
ποΈ Must-See Landmarks | Marienplatz, home to the New Town Hall and Glockenspiel, is a must-visit. |
ποΈ Museums & Art Venues | The Deutsches Museum is the world's largest museum of science and technology. |
π° Historical Sites | Fairy-tale Neuschwanstein Castle is a 2-hour train ride away. |
π Religious Sites | Frauenkirche is Munich's iconic church and a city symbol. |
π Annual Events | Oktoberfest, the world-famous beer festival, takes place every fall. |
π¨ Cultural Districts | The Altstadt-Lehel district is rich in history and culture. |
π Theater Venues | The Bayerische Staatsoper is renowned for opera and ballet performances. |
ποΈ Local Markets | Viktualienmarkt is a famous outdoor market with fresh produce. |
πΌ Music Scene | Munich has a vibrant music scene with venues like Technikum and Muffatwerk. |
π¨ Street Art | The Glockenbachviertel district showcases diverse street art. |
π§βπ³ Cooking Classes | Bavarian Cooking School offers hands-on classes for traditional recipes. |
π©βπ¨ Art Galleries | The Lenbachhaus houses an impressive collection of modern art. |
π°οΈ Historic Buildings | Nymphenburg Palace is a stunning example of Baroque architecture. |
π΄ Local Heritage | Bavarian culture is celebrated through festivals and traditional costumes. |
Nature and Outdoor Activities
π Nearby Nature Escapes | Englischer Garten is one of the largest urban parks in the world. |
ποΈ National Parks Nearby | Bavarian Forest National Park is a 2-hour drive away. |
π² Cycling/Walking Paths | Isar River offers scenic paths for walking and cycling. |
π Scenic Viewpoints | Alter Peter church offers panoramic views of the city. |
π¦ Birdwatching Locations | The Isar wetlands are great for birdwatching enthusiasts. |
π₯ Bonfire-Friendly Spots | Designated areas in parks like Olympiapark allow for bonfires. |
Other Services and Amenities
π¦ Parcel Delivery Service | DHL and Hermes are reliable parcel delivery services. |
π οΈ Tech Repair Services | MediaMarkt and Conrad offer electronics repair services. |
π Table Tennis Spots | Many parks have free table tennis tables available for public use. |
π§βπ« Language Classes | Goethe-Institut MΓΌnchen offers German language courses. |
π Libraries & Study Spots | Stadtbibliothek MΓΌnchen (Munich City Library) is a great studying venue. |
ποΈ Community Centers | There are several community centers offering classes and events to locals. |
πΉοΈ Gaming Lounges | Games Lounge Munich offers a gaming-friendly environment. |
π° Casino & Gaming Halls | Casino MΓΌnchen provides traditional gaming experiences. |
Business
π’ Studio Purchase Price (City Center) | Approx. β¬5,500 per mΒ² (e.g., 40 mΒ² = β¬220,000) |
π’ Studio Purchase Price (Outside City) | Approx. β¬4,200 per mΒ² (e.g., 40 mΒ² = β¬168,000) |
π 1-Bedroom Purchase Price (City Center) | Approx. β¬5,000 per mΒ² (e.g., 60 mΒ² = β¬300,000) |
π 1-Bedroom Purchase Price (Outside City) | Approx. β¬3,800 per mΒ² (e.g., 60 mΒ² = β¬228,000) |
π‘ 2-Bedroom Purchase Price (City Center) | Approx. β¬4,500 per mΒ² (e.g., 80 mΒ² = β¬360,000) |
π‘ 2-Bedroom Purchase Price (Outside City) | Approx. β¬3,200 per mΒ² (e.g., 80 mΒ² = β¬256,000) |
πΌ Corporate Tax | 15% |
π΅ Dividend Withholding Tax | 26.375% |
π¦ Tax System | Residents are taxed on their worldwide income. |
π Highest Income Tax Bracket | 45% |
π§Ύ VAT | 19% |
π Controlled Foreign Company (CFC) Rules | Yes, Germany has stringent CFC rules. |
π Property Tax | Yes, based on the assessed value of the property. |
π Property Transaction Tax | Standard rate is 3.5% in Bavaria. |