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Milan, Italy 🇮🇹
#563 ,

Nomad Score: 61%

Essentials

🏙️ City Milan is the capital of the Lombardy region and is known for its fashion, design, and cultural heritage.
👥 Population Approx. 1.4 million
💻 Internet Speed Average speed of 100 Mbps in urban areas
💸 Currency & Banking Euro (EUR), 1 EUR ≈ 1.10 USD
🚰 Tap Water Drinkable and safe to consume
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets
📶 SIM Card Major carriers include TIM, Vodafone, and Iliad
💳 Banking for Expats Banks like Unicredit and Banco BPM are popular; digital banks like Revolut are also accepted.
🛌 Accommodation Options include Airbnb, Spotahome, and local rentals through agencies.
💳 Cashless Friendly Yes, cards accepted widely in most places.
🏠 Short Term Rentals Airbnb, HomeAway, and local platforms like Holidu and Spotahome.
🛏️ Budget Accommodation Budget options include Ostello Bello and Hotel Villa San Carlo.
🏙️ Best Area to Stay for Tourists Centro Storico (Historical Center) is recommended for its attractions.
🏙️ Best Area to Stay for Digital Nomads Navigli and Port Milano districts are trendy and offer a vibrant lifestyle.

Working and Networking

🏢 Best Coworking Space Talent Garden Milano, known for its community and networking events.
Best Cafe for Work Caffe Pascucci in Porta Venezia, popular among remote workers.
💼 Networking Events Meetup groups focused on various interests can be found on platforms like Meetup.com.
🥂 Social Events for Expats The Milano Expat and Foreigners Community group on Facebook hosts regular events.

Transportation

🚕 Best Taxi/Ride App Uber and Free Now are widely used for rides.
🚲 Bike/Scooter Rental BikeMi and Lime offer bike and scooter rentals throughout the city.
🏖️ Best Beach Nearby Sestri Levante, about 2 hours by train.
✈️ Top Regional Airline Alitalia operates many regional flights.
✈️ Top International Airline Lufthansa and Air France are major carriers operating out of Milan.
🛣️ Highway Access Major highways include A1 (to Rome) and A4 (to Turin/Venice).
🚉 Main Train/Transit Hub Milano Centrale Station connects to domestic and international destinations.
🚍 Public Transport Passes Single tickets cost €2, and monthly passes are around €39.
✈️ Regional Travel Frequent trains and buses connect Milan to nearby cities like Como and Bergamo.

Health and Wellness

🏥 Best Hospital Humanitas Research Hospital, known for excellent healthcare.
🧘 Yoga & Wellness Centers Yoga and Co. offers various classes and wellness programs.
🏋️ Gyms & Fitness Centers Virgin Active and Anytime Fitness have multiple locations.
🧺 Laundry Services Wash & Dry and Lavanderia Valtellina provide efficient laundry services.

Food and Drink

📱 Best Food Delivery App Deliveroo and Just Eat for food delivery.
🍽️ Best Local Dish to Try Risotto alla Milanese, a traditional saffron risotto.
🍱 Vegan/Vegetarian Options Mamma Bio and Flower Burger offer a variety of plant-based dishes.
🍫 Best Dessert Spots Pasticceria Marchesi is a must-visit for sweets.
🛒 Affordable Shopping Spots Mercato Centrale for local produce and budget-friendly eats.
🛒 E-commerce/Online Store Amazon.it and eBay.it are popular for online shopping.
🛒 Grocery Delivery Supermercato24 and Glovo offer grocery delivery services.
🍸 Bar/Nightlife Area Navigli district is known for its lively bars and nightlife.
🍻 Local Brewery Birrificio Lambrate is known for its local craft beers.
🍷 Wine Bars Enoteca Cotti offers a great selection of Italian wines.
🍲 Street Food Stalls Food trucks can be found at Mercato Metropolitano.
🍕 Popular International Cuisine Try the Asian food scene in Corso Como.

Culture and Attractions

🎟️ Must-See Landmarks Duomo di Milano and Castello Sforzesco are unmissable.
🏛️ Museums & Art Venues Pinacoteca di Brera and Museo del Novecento showcase Italian art.
🏰 Historical Sites The Last Supper (Cenacolo) is a UNESCO World Heritage site.
🕍 Religious Sites San Maurizio al Monastero Maggiore is known for its stunning frescoes.
🎉 Annual Events Milano Fashion Week and Salone del Mobile attract international crowds.
🎨 Cultural Districts Navigli is famous for its picturesque canals and cultural activities.
🎭 Theater Venues Teatro alla Scala is one of the world's leading opera houses.
🛍️ Local Markets Mercato di Viale Papiniano on Saturdays for fresh produce.
🎼 Music Scene Clubs such as Alcatraz host a range of live music events.
🎨 Street Art Areas around the Tortona district feature vibrant murals.
🧑‍🍳 Cooking Classes Mama mia offers hands-on cooking experiences in Italian cuisine.
👩‍🎨 Art Galleries Fondazione Prada showcases contemporary art in a unique space.
🕰️ Historic Buildings Palazzo Reale and Galleria Vittorio Emanuele II are architectural gems.
🏴 Local Heritage Milan is a hub of Italian fashion and design heritage.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Lake Como offers stunning scenery and outdoor activities.
🏞️ National Parks Nearby Parco Nazionale della Val Grande, a hidden gem for nature lovers.
🚲 Cycling/Walking Paths The Navigli cycling route is scenic and well-maintained.
🌄 Scenic Viewpoints Porta Garibaldi offers great views over the city.
🦉 Birdwatching Locations Boscoincittà Park is a great spot for wildlife observation.
🔥 Bonfire-Friendly Spots Many parks allow bonfires with proper permission (check local regulations).

Other Services and Amenities

📦 Parcel Delivery Service DHL and UPS provide reliable delivery services.
🛠️ Tech Repair Services Tech Service Milano offers repairs for various devices.
🏓 Table Tennis Spots Ping Pong Milano hosts regular games and competitions.
🧑‍🏫 Language Classes Italian courses available at Scuola Leonardo da Vinci.
📚 Libraries & Study Spots Biblioteca Sormani is a quiet place for studying.
🏘️ Community Centers Spazio Oberdan is a cultural hub with various activities.
🕹️ Gaming Lounges The GameHouse is a popular spot among gamers.
🎰 Casino & Gaming Halls Casino di Campione, just across the border for gaming experiences.

Business

🏢 Studio Purchase Price (City Center) Approx. €4,500 per m² (e.g., 40 m² = €180,000).
🏢 Studio Purchase Price (Outside City) Approx. €3,000 per m² (e.g., 40 m² = €120,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €4,000 per m² (e.g., 60 m² = €240,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 60 m² = €168,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,800 per m² (e.g., 80 m² = €304,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 80 m² = €200,000).
💼 Corporate Tax 24% standard corporate tax rate.
💵 Dividend Withholding Tax 26% on dividends.
🏦 Tax System Residents are taxed on worldwide income.
📈 Highest Income Tax Bracket Maximum personal income tax rate is 43%.
🧾 VAT Standard VAT rate is 22%.
🌐 Controlled Foreign Company (CFC) Rules Yes, Italy has strict CFC rules.
🏠 Property Tax Annual property tax is based on cadastral value.
🏠 Property Transaction Tax 10% standard rate for non-residents.
💻 Attractive Tax System for Digital Nomads Tax incentives available for startups and freelancers in specific industries.

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