Nomad Watch

Essentials

SIM Card
Claro (best coverage) or Movistar. Approx. $10-$20 for 10GB+ data.
Banking for Expats
JEP (Cooperativa Juventud Ecuatoriana Progresista) is popular for high-interest savings.
Accommodation
GringoPost, Airbnb, or local Facebook groups (Cuenca Housing)
Cashless Friendly
Moderate; essential for small shops/markets, cards accepted in supermarkets/malls.
Short Term Rentals
Airbnb, Selina Cuenca (approx. $600-$900/month for private rooms)
Budget Accommodation
Check Inn Bed and Breakfast ($12-$15/night), Hostal Bauhouse
Best Area to Stay for Tourists
El Centro (Historic District) near Parque Calderón
Best Area to Stay for Digital Nomads
Puertas del Sol or El Vergel (modern apartments, quieter, near river paths)
City
Cuenca, Azuay Province, Ecuador
Population
660,000
Internet Speed
Fiber optic available, average 60-100 Mbps (Puntonet, Etapa)
Currency & Banking
US Dollar (USD). Banking via Banco Pichincha or Produbanco.
Tap Water
Drinkable (one of the few cities in Latin America with high-quality tap water)
Power
120V, 60Hz, 🔌 Type A/B sockets (US Standard)

Working and Networking

Best Coworking Space
Selina Cuenca Cowork ($10/day, $150/month), Impaqto ($15/day)
Best Cafe for Work
Goza Espresso Bar (various locations), Café de Ñucallacta
Networking Events
Creative Mornings Cuenca, Expats and Locals monthly mixers at Common Grounds
Social Events for Expats
Trivia Nights at Common Grounds, GringoPost community listings

Transportation

Best Taxi/Ride App
Azutaxi (local app) or Indriver. Minimum fare is $1.50.
Bike/Scooter Rental
BiciPublica Cuenca (City-wide bike share program, $30/year subscription)
Best Beach Nearby
Olón or Salinas (approx. 6-7 hours by bus/car)
Top Regional Airline
LATAM Ecuador (flights to Quito and Guayaquil)
Top International Airline
Avianca, Copa Airlines (connecting via Quito or Panama City)
Highway Access
Pan-American Highway (E35) connects North and South
Main Train/Transit Hub
Terminal Terrestre (main bus station near the airport)
Public Transport Passes
Tarjeta Movilizate for the Tranvía (Light Rail) and buses ($0.35/ride)
Regional Travel
Shared vans (vans service) to Guayaquil ($12-$15, 3.5 hours)

Health and Wellness

Best Hospital
Hospital Universitario del Río (Private, high-end care)
Yoga & Wellness Centers
Flow Yoga Cuenca, RumiSol Yoga ($8-$10 per class)
Gyms & Fitness Centers
Gimnasio Zeus, Step Fitness (approx. $35-$45/month)
Laundry Services
Lavanderia La Burbuja ($1/kg for wash/dry/fold)

Food and Drink

Best Food Delivery App
PedidosYa, UberEats
Best Local Dish to Try
Mote Pillo (hominy and eggs) or Cuy (Guinea Pig) at Tiesto's
Vegan/Vegetarian Options
Govinda's, Namaste India, Gopal
Best Dessert Spots
Heladeria de la Tienda, Tutto Freddo
Affordable Shopping Spots
Mercado 10 de Agosto (fresh produce), Coral Supermarkets
E-commerce/Online Store
Mercado Libre Ecuador, Linio
Grocery Delivery
Tipti, Supermaxi (online portal/app)
Bar/Nightlife Area
Calle Larga (packed with bars like Jodoco Belgian Brew)
Local Brewery
Jodoco Belgian Brew, Santa Ana Brewing Co.
Wine Bars
La Compañía Microbrewery and Wine Bar
Street Food Stalls
Plaza de las Flores for snacks, Mercado 9 de Octubre
Popular International Cuisine
Mansión Matilde (French/Eclectic), Noe Sushi Bar

Culture and Attractions

Must-See Landmarks
New Cathedral (Catedral de la Inmaculada Concepción) blue domes
Museums & Art Venues
Museo Pumapungo (Free, indigenous history and ruins)
Historical Sites
Ingapirca Ruins (2 hours away), Panama Hat Museum (Homero Ortega)
Religious Sites
Old Cathedral (Iglesia de El Sagrario), Turi Church
Annual Events
Independence of Cuenca (November 3rd), Pase del Niño Viajero (Dec 24th)
Cultural Districts
San Sebastian neighborhood (Art galleries and cafes)
Theater Venues
Teatro Carlos Cueva Tamariz
Local Markets
Feria Libre (The largest market in the city)
Music Scene
Jazz Society Cafe (live jazz nightly)
Street Art
Graffiti murals along the Tomebamba River walkways
Cooking Classes
Dos Sucres (farm-to-table workshops)
Art Galleries
Salida del Sol, Miguel Illescas Art Gallery
Historic Buildings
Palacio Municipal, Casa de la Cultura
Local Heritage
Panama Hat weaving (UNESCO Intangible Heritage)

Nature and Outdoor Activities

Nearby Nature Escapes
Cajas National Park (30 mins away, high altitude lakes)
National Parks Nearby
Podocarpus National Park (approx. 4 hours south near Loja)
Cycling/Walking Paths
Rio Tomebamba riverside path (Linear Park)
Scenic Viewpoints
Mirador de Turi (Panoramic city view)
Birdwatching Locations
Cajas National Park (home to the Andean Condor)
Bonfire-Friendly Spots
Hostel camping areas in narrow valleys like Tarqui or Baños

Other Services and Amenities

Parcel Delivery Service
Servientrega, DHL (located in El Centro)
Tech Repair Services
Soporte Técnico Cuenca (near Remigio Crespo)
Table Tennis Spots
Coliseo Mayor Jefferson Perez
Language Classes
Simon Bolivar Spanish School, Centers for Interamerican Studies (CEDEI)
Libraries & Study Spots
Biblioteca Municipal de Cuenca
Community Centers
Alianza Francesa Cuenca
Gaming Lounges
Cyber Cafes in the university district (Av. Solano)
Casino & Gaming Halls
Casinos are currently illegal in Ecuador (since 2011)

Business

Studio Purchase Price (City Center)
Approx. $1,200 per m² (e.g., 40 m² = $48,000)
Studio Purchase Price (Outside City)
Approx. $950 per m² (e.g., 40 m² = $38,000)
1-Bedroom Purchase Price (City Center)
Approx. $1,100 per m² (e.g., 60 m² = $66,000)
1-Bedroom Purchase Price (Outside City)
Approx. $900 per m² (e.g., 60 m² = $54,000)
2-Bedroom Purchase Price (City Center)
Approx. $1,050 per m² (e.g., 85 m² = $89,250)
2-Bedroom Purchase Price (Outside City)
Approx. $850 per m² (e.g., 85 m² = $72,250)
Corporate Tax
22% to 25%
Dividend Withholding Tax
Variable, usually 10% for residents
Tax System
Resident based (Worldwide income if resident)
Highest Income Tax Bracket
37%
VAT
15% (Standard rate adjusted in 2024)
Controlled Foreign Company (CFC) Rules
Yes, basic reporting requirements
Property Tax
Yes, calculated biennially by the municipality (relatively low)
Property Transaction Tax
Approx 1-2% Alcabala and Registry fees
Attractive Tax System for Digital Nomads
Digital Nomad Visa (Visa de Nómada Digital) allows 2 years, no local tax on foreign-sourced income if stay is under 183 days.

Continue exploring Cuenca