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Kosrae, Micronesia 🇫🇲
#1773 ,

Nomad Score: 44%

Essentials

🏙️ City Kosrae is an island in the Federated States of Micronesia known for its lush greenery, coral reefs, and traditional culture.
👥 Population approximately 6,600
💻 Internet Speed 4-10 Mbps
💸 Currency & Banking 1 USD ≈ 1 USD (USD is the currency used)
🚰 Tap Water Generally not drinkable; bottled water is recommended.
🔌 Power 120V, 60Hz, 🔌 Type A/B sockets
📶 SIM Card Main provider is FSM Telecom; data plans are available but may be limited in coverage.
💳 Banking for Expats Local banks like Bank of the FSM accept wire transfers; ATMs are available in limited locations.
🛌 Accommodation Options include beach bungalows, local guesthouses, and Airbnb.
💳 Cashless Friendly Limited cashless options; cash is preferred.
🏠 Short Term Rentals Available via Airbnb and local listings.
🛏️ Budget Accommodation Kosrae Nautilus Resort and other local guesthouses.
🏙️ Best Area to Stay for Tourists Lelu, near the main attractions and beautiful beaches.
🏙️ Best Area to Stay for Digital Nomads Mutun, for its quiet environment and local connectivity.

Working and Networking

🏢 Best Coworking Space Currently, there are no dedicated coworking spaces on the island.
Best Cafe for Work Kaselehlie Cafe offers a chill atmosphere but limited internet.
💼 Networking Events Community gatherings are informal; check local Facebook groups.
🥂 Social Events for Expats Regular meetups can be organized through local expat groups.

Transportation

🚕 Best Taxi/Ride App Local taxis are available, but there is no app-based service.
🚲 Bike/Scooter Rental Bicycles can be rented from local shops; prices average around $10 per day.
🏖️ Best Beach Nearby Niemtong Beach, known for its stunning reefs and beauty.
✈️ Top Regional Airline United Airlines offers flights to and from Kosrae.
✈️ Top International Airline United Airlines is the main carrier for access from the mainland.
🛣️ Highway Access Limited road network; the island is best navigated by car or bike.
🚉 Main Train/Transit Hub There are no trains; public transportation is limited.
🚍 Public Transport Passes No formal public transport passes available.
✈️ Regional Travel Travel between islands is primarily by boat or small aircraft.

Health and Wellness

🏥 Best Hospital Kosrae State Hospital offers basic medical services.
🧘 Yoga & Wellness Centers Currently, no dedicated yoga centers exist.
🏋️ Gyms & Fitness Centers Limited local gyms; most locals engage in outdoor activities.
🧺 Laundry Services Few local services available; some accommodations may offer laundry.

Food and Drink

📱 Best Food Delivery App No food delivery app; local dining establishments offer takeout.
🍽️ Best Local Dish to Try Try 'Kau Kau', a traditional dish made from roasted pork.
🍱 Vegan/Vegetarian Options Limited; the local cuisine heavily features seafood and meat.
🍫 Best Dessert Spots Few dessert options; local bakeries may offer sweets.
🛒 Affordable Shopping Spots Local markets in Lelu provide fresh produce and local goods.
🛒 E-commerce/Online Store Amazon and eBay deliver but may take time.
🛒 Grocery Delivery Limited grocery delivery options; most buy groceries in person.
🍸 Bar/Nightlife Area Limited nightlife; a couple of local bars offer evening entertainment.
🍻 Local Brewery No local breweries; imported beers are available.
🍷 Wine Bars Limited; mainly local stores sell wine.
🍲 Street Food Stalls Minimal street food; most food is served in local cafes.
🍕 Popular International Cuisine Local pizzerias and Asian restaurants are available.

Culture and Attractions

🎟️ Must-See Landmarks Kosrae State Museum and the ruins of Lelu are must-visits.
🏛️ Museums & Art Venues Kosrae State Museum showcases local history and culture.
🏰 Historical Sites Lelu Ruins, an ancient site, reflect the island's past.
🕍 Religious Sites Visit the historic Kosrae Evangelical Church.
🎉 Annual Events Cultural festivals occur throughout the year; check local announcements.
🎨 Cultural Districts The main village of Lelu hosts cultural events and local gatherings.
🎭 Theater Venues No formal theatres exist; community events are organized in local venues.
🛍️ Local Markets Local markets in Lelu for fresh produce and handicrafts.
🎼 Music Scene Live music may be found at local bars and celebrations.
🎨 Street Art Few mural initiatives; the focus is mainly on natural beauty.
🧑‍🍳 Cooking Classes Informal cooking lessons available from local residents.
👩‍🎨 Art Galleries Not present; local artwork can be found in markets.
🕰️ Historic Buildings Lelu historical sites and churches are noteworthy.
🏴 Local Heritage Strong traditional practices and cultural heritage.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Kosrae's coral reefs and lush jungles offer numerous outdoor activities.
🏞️ National Parks Nearby A highly biodiverse environment, including the Kosrae State Park.
🚲 Cycling/Walking Paths Limited; recommend exploring coastal roads by bike.
🌄 Scenic Viewpoints Visit Mt. Finkol for breathtaking views of the island.
🦉 Birdwatching Locations Great spots at the Kosrae State Park for avian enthusiasts.
🔥 Bonfire-Friendly Spots Private beaches on the island can be used for bonfires with permission.

Other Services and Amenities

📦 Parcel Delivery Service Limited services available; USPS offers some options.
🛠️ Tech Repair Services Few local services for electronic repairs; alternatives may require shipping.
🏓 Table Tennis Spots No organized spots; private setups exist in some accommodations.
🧑‍🏫 Language Classes Not readily available; English is commonly spoken.
📚 Libraries & Study Spots Limited; local schools may have resources.
🏘️ Community Centers Kosrae Community Center hosts various local events.
🕹️ Gaming Lounges Not available; most gaming is done privately.
🎰 Casino & Gaming Halls No casinos on the island.

Business

🏢 Studio Purchase Price (City Center) Approx. $60,000 per unit (e.g., 30 m² = $60,000)
🏢 Studio Purchase Price (Outside City) Approx. $50,000 per unit (e.g., 30 m² = $50,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $90,000 per unit (e.g., 50 m² = $90,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $70,000 per unit (e.g., 50 m² = $70,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $120,000 per unit (e.g., 80 m² = $120,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $90,000 per unit (e.g., 80 m² = $90,000)
💼 Corporate Tax 0% for most businesses; tax policies may vary.
💵 Dividend Withholding Tax Not applicable; no local taxes on dividends.
🏦 Tax System No personal income taxes for residents, only business taxes.
📈 Highest Income Tax Bracket 0% for individuals.
🧾 VAT No sales tax or VAT.
🌐 Controlled Foreign Company (CFC) Rules Not applicable; relaxed regulations for foreign entities.
🏠 Property Tax Minimal property tax; local regulations apply.
🏠 Property Transaction Tax No formal property transaction tax documented.
💻 Attractive Tax System for Digital Nomads 0% tax on income; very minimal bureaucracy.

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