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Guayaquil, Ecuador 🇪🇨
#1567 ,

Nomad Score: 63%

Essentials

🏙️ City Guayaquil is Ecuador's largest city, known for its dynamic culture and modern waterfront.
👥 Population Approximate population of 2.7 million.
💻 Internet Speed Average internet speed is around 30 Mbps.
💸 Currency & Banking Currency is USD. 1 USD approximately equals 1.00 USD as there are no exchanges.
🚰 Tap Water Tap water is not drinkable; bottled water is recommended.
🔌 Power Electrical supply is 120V, 60Hz; plug type A/B.
📶 SIM Card Major providers include Claro and Movistar offering 4G services.
💳 Banking for Expats International credit/debit cards widely accepted. Banks like Banco Pichincha and Banco del Pacifico are available.
🛌 Accommodation Variety of accommodations available from hotels to hostels and apartments.
💳 Cashless Friendly Yes, cards accepted widely, but cash is recommended for smaller shops.
🏠 Short Term Rentals Platforms like Airbnb and local options are available. Average price per night is around $30.
🛏️ Budget Accommodation Hostels like Casa Blanca Guayaquil offer beds starting from $15 per night.
🏙️ Best Area to Stay for Tourists Malecón 2000 is popular for its waterfront attractions and restaurants.
🏙️ Best Area to Stay for Digital Nomads The downtown area and Urdesa are popular for their cafes and coworking spaces.

Working and Networking

🏢 Best Coworking Space Cocowork offers a vibrant space for remote workers with prices starting at $100/month.
Best Cafe for Work Café Raro is known for its work-friendly environment and reliable Wi-Fi.
💼 Networking Events Monthly meetups at Guayaquil Startups and Expat gatherings on Facebook.
🥂 Social Events for Expats Expats in Guayaquil Facebook Group organizes regular community activities.

Transportation

🚕 Best Taxi/Ride App Uber operates in Guayaquil, offering safe and reliable ride options.
🚲 Bike/Scooter Rental Biking is becoming popular; local rentals are available at urban parks.
🏖️ Best Beach Nearby Playa Varadero is the nearest beach, about 1.5 hours away by car.
✈️ Top Regional Airline Avianca connects Guayaquil to nearby cities.
✈️ Top International Airline LATAM and American Airlines are major carriers flying internationally.
🛣️ Highway Access Access to the Pan-American Highway facilitates regional travel.
🚉 Main Train/Transit Hub The Guayaquilean Metro, currently under construction, will enhance connectivity.
🚍 Public Transport Passes The local transit offers multiple pass types; tickets cost around 0.25 USD.
✈️ Regional Travel Buses frequently operate to cities like Cuenca and Quito.

Health and Wellness

🏥 Best Hospital Hospital de la Policía and Clínica del Sol are the top hospitals in the city.
🧘 Yoga & Wellness Centers Yoga con Mar offers classes suitable for various skill levels.
🏋️ Gyms & Fitness Centers Gyms like Bodytech provide ample fitness and workout facilities.
🧺 Laundry Services Lava-Rápido offers efficient laundry services with pick-up options.

Food and Drink

📱 Best Food Delivery App Rappi and Domicilios.com are popular food delivery services.
🍽️ Best Local Dish to Try Ceviche de Chivito is a must-try local seafood dish.
🍱 Vegan/Vegetarian Options Restaurante Verdeo offers a variety of plant-based options.
🍫 Best Dessert Spots Heladería La Favorita is well-known for its artisanal ice cream.
🛒 Affordable Shopping Spots Mercado del Sur offers fresh produce and local food at low prices.
🛒 E-commerce/Online Store ONYX and MercadoLibre provide a variety of online shopping options.
🛒 Grocery Delivery Supermaxi offers grocery delivery services throughout Guayaquil.
🍸 Bar/Nightlife Area The nightlife scene is vibrant in el Malecon and Urdesa.
🍻 Local Brewery Cervecería 1830 offers local craft beer and brewery tours.
🍷 Wine Bars Vino & Co. is a cozy spot for enjoying local and imported wines.
🍲 Street Food Stalls Street vendors throughout the city offer empanadas and grilled meats.
🍕 Popular International Cuisine Restaurante La Pinta serves diverse international dishes.

Culture and Attractions

🎟️ Must-See Landmarks Malecón 2000 and Las Peñas neighborhood are iconic locations to explore.
🏛️ Museums & Art Venues Museo Antropológico y de Arte Contemporáneo showcases local art.
🏰 Historical Sites La Catedral Metropolitana is a historical landmark worth visiting.
🕍 Religious Sites Iglesia San Francisco features beautiful architecture.
🎉 Annual Events Fiestas de Guayaquil is celebrated in October with festivities.
🎨 Cultural Districts Las Peñas is known for its vibrant arts scene and colorful streets.
🎭 Theater Venues Teatro Centro de Arte hosts various artistic performances.
🛍️ Local Markets Mercado Artesanal offers handcrafted goods and local products.
🎼 Music Scene The music scene is lively with traditional and contemporary styles at various venues.
🎨 Street Art Exploring Las Peñas reveals stunning murals and urban art.
🧑‍🍳 Cooking Classes Cook in Ecuador offers classes to learn traditional Ecuadorian cooking.
👩‍🎨 Art Galleries Galería Fauna showcases contemporary local artists.
🕰️ Historic Buildings The Palacio de Cristal is a beautiful architectural site.
🏴 Local Heritage Guayaquil's historical sites embody the rich cultural heritage of the region.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Parque Historico Guayaquil offers beautiful gardens and wildlife.
🏞️ National Parks Nearby Cajas National Park is about 3 hours away, ideal for hiking.
🚲 Cycling/Walking Paths The Malecon has extensive walking and cycling paths with scenic views.
🌄 Scenic Viewpoints Cerro Blanco offers breathtaking viewpoints over the city.
🦉 Birdwatching Locations Cerro Blanco Forest is a top spot for birdwatching.
🔥 Bonfire-Friendly Spots Playas de Villamil has designated areas for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service Servicios de Envío and DHL provide reliable parcel delivery.
🛠️ Tech Repair Services Local shops like iRepair offer tech repair services.
🏓 Table Tennis Spots Recinto Deportivo provides space for ping pong enthusiasts.
🧑‍🏫 Language Classes Instituto de Idiomas offers Spanish classes for foreigners.
📚 Libraries & Study Spots Biblioteca Municipal provides quiet space for study and reading.
🏘️ Community Centers La Casa de la Cultura promotes cultural activities and events.
🕹️ Gaming Lounges Gamer's Paradise caters to video gamers and offers a social gaming atmosphere.
🎰 Casino & Gaming Halls Casino Hollywood is popular for gaming and entertainment.

Business

🏢 Studio Purchase Price (City Center) Approx. $1,500 per m² (e.g., 40 m² = $60,000)
🏢 Studio Purchase Price (Outside City) Approx. $1,200 per m² (e.g., 40 m² = $48,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,800 per m² (e.g., 60 m² = $108,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $1,500 per m² (e.g., 60 m² = $90,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $2,000 per m² (e.g., 80 m² = $160,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $1,800 per m² (e.g., 80 m² = $144,000)
💼 Corporate Tax 22%
💵 Dividend Withholding Tax 7%
🏦 Tax System Relying on residence-based taxation.
📈 Highest Income Tax Bracket 35%
🧾 VAT 12%
🌐 Controlled Foreign Company (CFC) Rules Yes, regulations apply to foreign controlled entities.
🏠 Property Tax Annual property tax varies based on property value.
🏠 Property Transaction Tax Approximately 1% on property transactions.
💻 Attractive Tax System for Digital Nomads Ecuador offers favorable tax frameworks for digital nomads, especially in free zones.

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