GetStake Logo
GetStake allows you to invest in fractional real estate in Dubai's premium properties, with investments starting from just $500.

Fractional property investing.

Affiliate disclosure

Kumasi, Ghana 🇬🇭
#645 ,

Nomad Score: 61%

Essentials

🏙️ City Kumasi is the capital city of the Ashanti Region in Ghana, known for its rich cultural heritage and historical significance.
👥 Population Approximately 2.5 million people.
💻 Internet Speed Average speeds of around 10-20 Mbps, with fibre-optic options available in some areas.
💸 Currency & Banking Ghanaian Cedi (GHS). 1 USD ≈ 12 GHS.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 230V, 50Hz, 🔌 Type D/G sockets.
📶 SIM Card MTN, AirtelTigo, and Vodafone are the major providers with good coverage.
💳 Banking for Expats Banks like Ecobank and Standard Chartered are commonly used. Mobile money services (e.g., MTN Mobile Money) are popular.
🛌 Accommodation Airbnb and local guesthouses available. Prices vary from GHS 100 to GHS 400 per night.
💳 Cashless Friendly Yes, however cash is still widely used.
🏠 Short Term Rentals Platforms like Airbnb and Vrbo offer various short-term rental options.
🛏️ Budget Accommodation Lovely Guest House and Ghanatta Hotel priced around GHS 80-150 per night.
🏙️ Best Area to Stay for Tourists Adum and Anloga areas are popular among tourists for their proximity to attractions.
🏙️ Best Area to Stay for Digital Nomads Asokwa and Atonsu are recommended for their quieter environments and access to coworking spaces.

Working and Networking

🏢 Best Coworking Space Kumasi Tech Hub - A vibrant space with good internet and networking opportunities.
Best Cafe for Work Cafe Kafui - Known for its good coffee and tranquil environment.
💼 Networking Events Monthly meetups organized by Kumasi Entrepreneurs Group for networking.
🥂 Social Events for Expats Facebook groups and local events organized by the Kumasi Expat Community.

Transportation

🚕 Best Taxi/Ride App Uber and Bolt operate in Kumasi for reliable transportation.
🚲 Bike/Scooter Rental Limited options; casual rental shops are available in the city center.
🏖️ Best Beach Nearby No beaches in Kumasi; the nearest beach is around 2.5 hours away at Ada Foah.
✈️ Top Regional Airline Africa World Airlines for regional travel.
✈️ Top International Airline Emirates and KLM via Kotoka International Airport in Accra.
🛣️ Highway Access Major road connections via the N6 and N10 highways.
🚉 Main Train/Transit Hub Kumasi Railway Station, though services are limited.
🚍 Public Transport Passes Public buses and tro tros are common; no formal transit passes.
✈️ Regional Travel Buses run regularly to Accra and surrounding regions.

Health and Wellness

🏥 Best Hospital Komfo Anokye Teaching Hospital is the largest and most reputable.
🧘 Yoga & Wellness Centers Body and Soul Yoga Studio offers classes and wellness sessions.
🏋️ Gyms & Fitness Centers Dama Fitness Club and the Access Gym are popular.
🧺 Laundry Services Local laundromats available; ask at guesthouses for recommendations.

Food and Drink

📱 Best Food Delivery App Jumia Food is popular for food deliveries around Kumasi.
🍽️ Best Local Dish to Try Fufu and light soup or Jollof rice.
🍱 Vegan/Vegetarian Options Green Bistro offers several vegan and vegetarian dishes.
🍫 Best Dessert Spots Delight Cake and Pastry House for baked goods.
🛒 Affordable Shopping Spots Kejetia Market for budget-friendly shopping.
🛒 E-commerce/Online Store Jumia and Tonaton for online shopping.
🛒 Grocery Delivery Twilight Groceries provide delivery services for essential items.
🍸 Bar/Nightlife Area Bantama has popular bars and nightlife spots.
🍻 Local Brewery Club Beer and Star Lager are popular local beers.
🍷 Wine Bars Limited options; Bar and Lounge at Golden Tulip provides good selections.
🍲 Street Food Stalls Street food vendors near Kejetia Market offer local favorites.
🍕 Popular International Cuisine Café Kafui offers a range of continental dishes.

Culture and Attractions

🎟️ Must-See Landmarks Manhyia Palace, the seat of the Ashanti Kingdom.
🏛️ Museums & Art Venues Kumasi Fort and Military Museum showcases the city’s history.
🏰 Historical Sites The Okomfo Anokye Sword Site is a key historical landmark.
🕍 Religious Sites The Kwame Nkrumah University of Science and Technology's chapel is notable.
🎉 Annual Events Akwasidae Festival celebrates Ashanti culture every 6 weeks.
🎨 Cultural Districts Adum is the cultural hub of Kumasi with many art galleries.
🎭 Theater Venues Kumasi Cultural Centre hosts various performances.
🛍️ Local Markets Kejetia Market is one of the largest open-air markets in West Africa.
🎼 Music Scene Live music at various venues around the city, especially during festivals.
🎨 Street Art Various walls in central Kumasi feature vibrant murals.
🧑‍🍳 Cooking Classes Local culinary schools offer classes for traditional Ghanaian cooking.
👩‍🎨 Art Galleries Bokor Gallery showcases contemporary art.
🕰️ Historic Buildings The Old Kumasi Market showcases traditional Ashanti architecture.
🏴 Local Heritage Ashanti culture is rich in traditions, with symbolism seen in crafts and performances.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Lake Bosumtwi is a serene spot for picnicking and nature walks.
🏞️ National Parks Nearby Kakum National Park is a few hours away, known for its canopy walkway.
🚲 Cycling/Walking Paths Trails along the outskirts near Lake Bosumtwi provide scenic views.
🌄 Scenic Viewpoints The vista from Abono Hill offers panoramic views of Lake Bosumtwi.
🦉 Birdwatching Locations Lake Bosumtwi is also great for birdwatching and has diverse wildlife.
🔥 Bonfire-Friendly Spots Designated areas around Lake Bosumtwi are suitable for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local courier services operate in Kumasi.
🛠️ Tech Repair Services Tech Hub Kumasi offers various electronic repairs.
🏓 Table Tennis Spots Local sports clubs have table tennis facilities.
🧑‍🏫 Language Classes Language schools offer Twi and English classes.
📚 Libraries & Study Spots Kumasi Public Library is a quiet place for study.
🏘️ Community Centers Kumasi Community Center hosts various events and activities.
🕹️ Gaming Lounges Few options; some cafes offer gaming facilities.
🎰 Casino & Gaming Halls Limited options; ask locals for informal venues.

Business

🏢 Studio Purchase Price (City Center) Approx. GHS 1,500 per m² (e.g., 40 m² = GHS 60,000).
🏢 Studio Purchase Price (Outside City) Approx. GHS 1,200 per m² (e.g., 40 m² = GHS 48,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. GHS 1,700 per m² (e.g., 60 m² = GHS 102,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. GHS 1,400 per m² (e.g., 60 m² = GHS 84,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. GHS 1,600 per m² (e.g., 80 m² = GHS 128,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. GHS 1,300 per m² (e.g., 80 m² = GHS 104,000).
💼 Corporate Tax 25% corporate tax rate.
💵 Dividend Withholding Tax 8% tax rate on dividends.
🏦 Tax System Progressive income tax up to 30% for residents.
📈 Highest Income Tax Bracket 30% personal income tax rate.
🧾 VAT 15% standard VAT rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, CFC regulations are in place.
🏠 Property Tax Annual tax based on property value; varies by local councils.
🏠 Property Transaction Tax Standard rate of 2.5% on property transfers.
💻 Attractive Tax System for Digital Nomads No significant digital nomad tax incentives currently.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.