Wise Logo
Wise (formerly TransferWise) is a trusted money transfer service used by millions of digital nomads worldwide.

Low-fee international transfers.

Affiliate disclosure

Mumbai, India 🇮🇳
#96 ,

Nomad Score: 62%

Essentials

🏙️ City Mumbai, the financial capital of India, is known for its vibrant culture, rich history, and diverse cuisine.
👥 Population Approximately 20 million
💻 Internet Speed Average speed of 50 Mbps
💸 Currency & Banking 1 USD ≈ 75 INR. Major banks include HDFC, ICICI, and SBI.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 230V, 50Hz, 🔌 Type D and M sockets.
📶 SIM Card Popular providers include Jio, Airtel, and Vi.
💳 Banking for Expats Cards accepted widely; digital wallets like Paytm and PhonePe are popular.
🛌 Accommodation Options range from high-end hotels to budget hostels; platforms like Airbnb and OYO are popular.
💳 Cashless Friendly Yes, cashless payments are common in urban areas.
🏠 Short Term Rentals Airbnb, OYO, and local rental websites offer various short-term options.
🛏️ Budget Accommodation Hostels like Zostel and Dormitory 1 offer budget-friendly stays.
🏙️ Best Area to Stay for Tourists Colaba and South Mumbai are recommended for sightseeing.
🏙️ Best Area to Stay for Digital Nomads Bandra and Andheri are popular among digital nomads for coworking spaces and cafes.

Working and Networking

🏢 Best Coworking Space WeWork in Bandra and 91springboard in Lower Parel are excellent choices.
Best Cafe for Work Cafe Coffee Day and The Pantry in Kala Ghoda are known for their conducive work atmosphere.
💼 Networking Events Meetup groups in tech, startups, and freelancing are hosted regularly; check platforms like Meetup.com.
🥂 Social Events for Expats Expat groups on Facebook like 'Bombay Expats' organize regular meetups.

Transportation

🚕 Best Taxi/Ride App Uber and Ola are the most popular ride-sharing apps.
🚲 Bike/Scooter Rental Bounce and Vogo offer scooter rentals for short trips.
🏖️ Best Beach Nearby Juhu Beach is the most popular, located approximately 30 mins from the city center.
✈️ Top Regional Airline IndiGo and SpiceJet operate regional flights.
✈️ Top International Airline Air India, Emirates, and Qatar Airways offer comprehensive international routes.
🛣️ Highway Access The Western Express Highway and Eastern Express Highway connect major parts of the city.
🚉 Main Train/Transit Hub Chhatrapati Shivaji Maharaj Terminus is the main hub for train services.
🚍 Public Transport Passes Mumbai local trains can be accessed with a monthly pass; private buses operate on a pay-per-ride basis.
✈️ Regional Travel Trains and buses connect to nearby cities like Pune and Nashik.

Health and Wellness

🏥 Best Hospital Lilavati Hospital in Bandra is well-known for quality healthcare.
🧘 Yoga & Wellness Centers Iyengar Yoga Institute and Summersalt Yoga offer excellent classes.
🏋️ Gyms & Fitness Centers Gold's Gym and Talwalkars Fitness Club are popular chains.
🧺 Laundry Services Local services like Dhobi Ghat and Laundry Wale provide washing and ironing.

Food and Drink

📱 Best Food Delivery App Swiggy and Zomato are the leading food delivery platforms.
🍽️ Best Local Dish to Try Pav Bhaji and Vada Pav are must-try street foods.
🍱 Vegan/Vegetarian Options Restaurants like Shree Thaker Bhojanalay offer exquisite vegetarian cuisine.
🍫 Best Dessert Spots Baked with Love and Kagzi are popular for pastries and sweets.
🛒 Affordable Shopping Spots Local markets like Colaba Causeway and Crawford Market provide budget shopping.
🛒 E-commerce/Online Store Amazon India and Flipkart are popular online shopping platforms.
🛒 Grocery Delivery BigBasket and Grofers are popular grocery delivery services.
🍸 Bar/Nightlife Area Bandra and Lower Parel host vibrant nightlife scenes.
🍻 Local Brewery Gateway Brewing Co. and Biera serve local craft beers.
🍷 Wine Bars Jynwyn and The Wine Rack offer great selections.
🍲 Street Food Stalls Chhatrapati Shivaji Maharaj Terminus vicinity has numerous food stalls.
🍕 Popular International Cuisine Restaurants like Dishoom (Persian) and Hakkasan (Chinese) are popular.

Culture and Attractions

🎟️ Must-See Landmarks Gateway of India, Marine Drive, and Eiffel Tower of Mumbai (Chhatrapati Shivaji Terminus) are iconic.
🏛️ Museums & Art Venues Chhatrapati Shivaji Maharaj Vastu Sangrahalaya and Kala Ghoda Arts Precinct host significant exhibitions.
🏰 Historical Sites Elephanta Caves and the Bombay High Court are noteworthy.
🕍 Religious Sites Siddhivinayak Temple and Haji Ali Dargah are famous places of worship.
🎉 Annual Events Ganesh Chaturthi and Mumbai Film Festival are major celebrations.
🎨 Cultural Districts Kala Ghoda and Bandra's Chapel Road host vibrant art galleries and cultural spaces.
🎭 Theater Venues Prithvi Theatre and NCPA (National Centre for the Performing Arts) host numerous performances.
🛍️ Local Markets Colaba Causeway and Linking Road are great for local shopping.
🎼 Music Scene Bandra and Lower Parel feature active music scenes with numerous live performances.
🎨 Street Art Local art can be seen in areas like Bandra and Versova.
🧑‍🍳 Cooking Classes Classes at 'Sanjeev Kapoor's Academy' offer local cuisine lessons.
👩‍🎨 Art Galleries Galleries like Jehangir Art Gallery showcase contemporary works.
🕰️ Historic Buildings Chhatrapati Shivaji Maharaj Terminus and Bombay High Court are notable.
🏴 Local Heritage The city's colonial architecture and native culture represent its rich heritage.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Sanjay Gandhi National Park offers a green retreat within the city.
🏞️ National Parks Nearby Tadoba Andhari Tiger Reserve is a few hours away and perfect for wildlife enthusiasts.
🚲 Cycling/Walking Paths Marine Drive and Worli Sea Link are great for walks and cycling.
🌄 Scenic Viewpoints The viewpoint at Bombay Castle and Fort area provides scenic views.
🦉 Birdwatching Locations Sanjay Gandhi National Park is also ideal for birdwatching.
🔥 Bonfire-Friendly Spots The beaches at Juhu and Versova permit bonfires in designated areas.

Other Services and Amenities

📦 Parcel Delivery Service Services like DTDC and Blue Dart are reliable for delivery.
🛠️ Tech Repair Services Apple Authorised Service Provider 'iCare' offers quality repairs.
🏓 Table Tennis Spots Sports complexes such as the Bandra Gymkhana have facilities.
🧑‍🏫 Language Classes Institutes like the British Council and Alliance Française offer diverse language courses.
📚 Libraries & Study Spots The Asiatic Society Library is perfect for quiet study.
🏘️ Community Centers Local societies like the Mumbai Film Academy host events and gatherings.
🕹️ Gaming Lounges Located in Andheri, 'SMAASH' offers gaming experiences.
🎰 Casino & Gaming Halls Goa is the closest option for casinos, around 12 hours' drive from Mumbai.

Business

🏢 Studio Purchase Price (City Center) Approx. ₹1,00,000 per m² (e.g., 40 m² = ₹40,00,000)
🏢 Studio Purchase Price (Outside City) Approx. ₹70,000 per m² (e.g., 40 m² = ₹28,00,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. ₹90,000 per m² (e.g., 60 m² = ₹54,00,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. ₹60,000 per m² (e.g., 60 m² = ₹36,00,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. ₹80,000 per m² (e.g., 80 m² = ₹64,00,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. ₹50,000 per m² (e.g., 80 m² = ₹40,00,000)
💼 Corporate Tax 25%
💵 Dividend Withholding Tax 10%
🏦 Tax System Based on individual income.
📈 Highest Income Tax Bracket 30%
🧾 VAT 18%
🌐 Controlled Foreign Company (CFC) Rules Yes, applicable for foreign-owned businesses.
🏠 Property Tax Yes, based on market value.
🏠 Property Transaction Tax 5% for residential property.
💻 Attractive Tax System for Digital Nomads Special visas available for freelancers with favorable tax rates.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.