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Nomad Score: 58%

Essentials

πŸ™οΈ City Mykonos is a popular island in Greece known for its vibrant nightlife and stunning beaches, attracting millions of tourists each year.
πŸ‘₯ Population Approx. 10,000 residents, but this swells significantly during the tourist season.
πŸ’» Internet Speed Average internet speed is around 50 Mbps, with some cafes and coworking spaces offering higher speeds.
πŸ’Έ Currency & Banking Euro (EUR) - 1 EUR β‰ˆ 1.07 USD.
🚰 Tap Water Not drinkable; bottled water is recommended.
πŸ”Œ Power 230V, 50Hz, πŸ”Œ Type C sockets.
πŸ“Ά SIM Card Available from providers like Cosmote, Vodafone, and Wind for mobile data.
πŸ’³ Banking for Expats Major banks include Eurobank, Alpha Bank, and National Bank of Greece; services like Revolut are also popular.
πŸ›Œ Accommodation Options range from luxury hotels to budget hostels and Airbnb rentals.
πŸ’³ Cashless Friendly Yes, credit and debit cards are widely accepted, but having cash on hand is advisable for smaller vendors.
🏠 Short Term Rentals Platforms like Airbnb and Booking.com are popular for short-term stays.
πŸ›οΈ Budget Accommodation Hostel Mikonos and Mycocoon Hostel are good options for budget travelers.
πŸ™οΈ Best Area to Stay for Tourists Mykonos Town (Chora) is the best area for tourists due to its proximity to major attractions.
πŸ™οΈ Best Area to Stay for Digital Nomads Ornos and Agios Stefanos are recommended for their quieter atmosphere and good internet connectivity.

Working and Networking

🏒 Best Coworking Space Coworking Mykonos offers great facilities for remote workers.
β˜• Best Cafe for Work Kohylia Cafe is a popular choice among digital nomads for its good coffee and reliable Wi-Fi.
πŸ’Ό Networking Events Look out for events organized by local expat communities on platforms like Meetup.
πŸ₯‚ Social Events for Expats Check Facebook groups like 'Mykonos Expats' for community gatherings and events.

Transportation

πŸš• Best Taxi/Ride App Mykonos Taxi app is commonly used, but taxi services are limited.
🚲 Bike/Scooter Rental Several rental shops in Mykonos Town offer scooters and bicycles for exploring the island.
πŸ–οΈ Best Beach Nearby Ornos Beach is one of the closest beaches, just a short ride from Mykonos Town.
✈️ Top Regional Airline Sky Express operates flights between Mykonos and other Greek islands.
✈️ Top International Airline Aegean Airlines provides numerous flights to and from Mykonos.
πŸ›£οΈ Highway Access There are mainly local roads; major highways are limited on the island.
πŸš‰ Main Train/Transit Hub Public transport is mainly bus-based, with frequent services to popular destinations.
🚍 Public Transport Passes Bus tickets are sold on board and are quite affordable.
✈️ Regional Travel Ferries connect Mykonos to neighboring islands like Delos and Tinos.

Health and Wellness

πŸ₯ Best Hospital Mykonos Medical Center provides basic healthcare services.
🧘 Yoga & Wellness Centers The Mykonos Wellness Center offers yoga and wellness retreats.
πŸ‹οΈ Gyms & Fitness Centers Fit4Life Gym provides good facilities for fitness enthusiasts.
🧺 Laundry Services Laundromats are available throughout Mykonos Town.

Food and Drink

πŸ“± Best Food Delivery App e-food.gr is one of the popular food delivery services available.
🍽️ Best Local Dish to Try Try the local specialty 'Kleftiko,' slow-cooked lamb with herbs.
🍱 Vegan/Vegetarian Options Avocado Restaurant serves a range of plant-based dishes.
🍫 Best Dessert Spots Gelato Mykonos is highly recommended for sweet treats.
πŸ›’ Affordable Shopping Spots Mykonos Town has several grocery stores for budget food supplies.
πŸ›’ E-commerce/Online Store Platforms like Skroutz and Public.gr are popular for online shopping in Greece.
πŸ›’ Grocery Delivery Mykonos grocery shops often offer delivery services; e.g., Mykonos Livestock Market.
🍸 Bar/Nightlife Area Little Venice is a vibrant area for nightlife and bars.
🍻 Local Brewery Mykonos Brewing Company produces local craft beers.
🍷 Wine Bars Kivotos Wine Bar is a great place to enjoy local wines.
🍲 Street Food Stalls Try local street food like Souvlaki from stalls near the town.
πŸ• Popular International Cuisine M-eating offers a diverse menu including international options.

Culture and Attractions

🎟️ Must-See Landmarks The iconic windmills of Mykonos are a must-visit landmark.
πŸ›οΈ Museums & Art Venues The Aegean Maritime Museum showcases Mykonos' rich maritime history.
🏰 Historical Sites Visit the archaeological site of Delos, a short boat ride from Mykonos.
πŸ• Religious Sites The Panagia Paraportiani is a famous church and a beautiful architectural site.
πŸŽ‰ Annual Events Mykonos’ annual Food Festival is held in September and features local culinary delights.
🎨 Cultural Districts Explore the narrow streets of Mykonos Town filled with boutiques and art galleries.
🎭 Theater Venues The Mykonos Theatre hosts various performances throughout the summer.
πŸ›οΈ Local Markets Mykonos Town has lively markets where you can find local produce and artisanal goods.
🎼 Music Scene Cavo Paradiso hosts some of the best music events and DJs during the summer.
🎨 Street Art Street art can be found in various corners of Mykonos Town, adding depth to its charm.
πŸ§‘β€πŸ³ Cooking Classes Learn local Greek cooking at Mykonos Cooking Classes with traditional recipes.
πŸ‘©β€πŸŽ¨ Art Galleries Galleries like Rarity Gallery exhibit contemporary art from local and international artists.
πŸ•°οΈ Historic Buildings The Manto Mavrogenous Square is a historic site worth visiting.
🏴 Local Heritage Mykonos maintains a rich heritage through its unique architecture and local customs.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Explore the beaches of Elia and Super Paradise for picturesque views.
🏞️ National Parks Nearby The nearby island of Delos features historical ruins and natural beauty.
🚲 Cycling/Walking Paths There are scenic walking trails along the coast, such as in Agios Sostis.
πŸŒ„ Scenic Viewpoints The viewpoint at the Old Port offers stunning sunset views.
πŸ¦‰ Birdwatching Locations The wetlands near Ornos Beach are good for birdwatching.
πŸ”₯ Bonfire-Friendly Spots Designated areas near beaches like Kalafatis are popular for bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DHL and local courier services operate in Mykonos.
πŸ› οΈ Tech Repair Services Local shops in Mykonos Town provide tech repair services.
πŸ“ Table Tennis Spots Some beaches and parks have table tennis tables available.
πŸ§‘β€πŸ« Language Classes Online platforms offer Greek language courses suitable for expats.
πŸ“š Libraries & Study Spots Mykonos Town has a small public library for studying and reading.
🏘️ Community Centers Cultural centers often host community events for locals and expats.
πŸ•ΉοΈ Gaming Lounges Some cafes provide gaming lounges for video game enthusiasts.
🎰 Casino & Gaming Halls No casinos are available; however, some nearby resorts may offer gaming services.

Business

🏒 Studio Purchase Price (City Center) Approx. €4,000 per mΒ² (e.g., a 40 mΒ² studio = €160,000).
🏒 Studio Purchase Price (Outside City) Approx. €3,200 per mΒ² (e.g., a 40 mΒ² studio = €128,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,800 per mΒ² (e.g., a 60 mΒ² apartment = €228,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €3,000 per mΒ² (e.g., a 60 mΒ² apartment = €180,000).
🏑 2-Bedroom Purchase Price (City Center) Approx. €3,500 per mΒ² (e.g., an 80 mΒ² apartment = €280,000).
🏑 2-Bedroom Purchase Price (Outside City) Approx. €2,800 per mΒ² (e.g., an 80 mΒ² apartment = €224,000).
πŸ’Ό Corporate Tax Currently at 22%.
πŸ’΅ Dividend Withholding Tax 15% is applied to dividend distributions.
🏦 Tax System Based on worldwide income for residents.
πŸ“ˆ Highest Income Tax Bracket Highest personal income tax rate is 45%.
🧾 VAT The standard VAT rate is 24%.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules regarding foreign subsidiaries exist.
🏠 Property Tax An annual property tax based on objective values exists.
🏠 Property Transaction Tax Up to 3% is applied during property purchases.
πŸ’» Attractive Tax System for Digital Nomads Incentives for digital nomads include a special tax scheme which can result in up to 50% tax reductions.

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