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Panevėžys, Lithuania 🇱🇹
#897 ,

Nomad Score: 63%

Essentials

🏙️ City Panevėžys is a city in north-central Lithuania, known for its cultural heritage and beautiful parks.
👥 Population Approximately 90,000
💻 Internet Speed Average download speed is around 30 Mbps.
💸 Currency & Banking 1 EUR ≈ 1.07 USD. Major banks include SEB and Swedbank.
🚰 Tap Water Drinkable
🔌 Power 230V, 50Hz, 🔌 Type C sockets
📶 SIM Card Providers include Telia, Bite, and Tele2, offering prepaid plans.
💳 Banking for Expats Bank accounts available through SEB, Swedbank, and Revolut.
🛌 Accommodation Options include apartments, guesthouses, and local Airbnb listings.
💳 Cashless Friendly Yes, cards accepted widely in shops and restaurants.
🏠 Short Term Rentals Platforms like Airbnb and Booking.com provide multiple options.
🛏️ Budget Accommodation Hostel 'Banga' offers affordable rates starting from €20 per night.
🏙️ Best Area to Stay for Tourists Old Town area offers cultural attractions and dining options.
🏙️ Best Area to Stay for Digital Nomads City Center provides access to co-working spaces and amenities.

Working and Networking

🏢 Best Coworking Space Kurybos erdvė offers a comfortable workspace with fast internet.
Best Cafe for Work Café Vienna has good coffee and Wi-Fi, perfect for remote work.
💼 Networking Events Regular meetups hosted by Panevėžys Entrepreneurship Centre.
🥂 Social Events for Expats Panevėžys Expat Community on Facebook organizes monthly gatherings.

Transportation

🚕 Best Taxi/Ride App Bolt is the preferred ride-sharing app in the city.
🚲 Bike/Scooter Rental Bike rental available at 'Panevėžys Bike Club'.
🏖️ Best Beach Nearby Raguva Beach, about 25 km away, is a popular summer spot.
✈️ Top Regional Airline Air Baltic connects to major cities in the Baltics.
✈️ Top International Airline Ryanair operates flights to several European destinations.
🛣️ Highway Access Easy access via A2 and A10 highways.
🚉 Main Train/Transit Hub Panevėžys Railway Station provides services across Lithuania.
🚍 Public Transport Passes Bus passes available for daily or monthly travel on local buses.
✈️ Regional Travel Buses and trains connect to nearby cities like Kaunas and Vilnius.

Health and Wellness

🏥 Best Hospital Panevėžys Hospital offers comprehensive medical care.
🧘 Yoga & Wellness Centers 'Jooga' studio provides various yoga classes.
🏋️ Gyms & Fitness Centers 'Impuls' fitness center offers gym facilities and classes.
🧺 Laundry Services 'Speedy Laundromat' offers self-service laundry options.

Food and Drink

📱 Best Food Delivery App Wolt is popular for food delivery across the city.
🍽️ Best Local Dish to Try Cepelinai (potato dumplings filled with meat) is a must-try.
🍱 Vegan/Vegetarian Options 'Pizzaland' offers a variety of vegetarian pizzas.
🍫 Best Dessert Spots 'Kavos Fabrikas' is known for its pastries and coffee.
🛒 Affordable Shopping Spots 'Maxima' supermarket provides budget-friendly grocery options.
🛒 E-commerce/Online Store Local e-commerce sites include Pigu.lt and Varle.lt.
🛒 Grocery Delivery Fresh groceries delivered via 'Barbora'.
🍸 Bar/Nightlife Area Juozo Karpio Street has several bars and nightlife venues.
🍻 Local Brewery 'Panevėžio Alus' offers tours and tastings.
🍷 Wine Bars 'Vyno Klubas' specializes in local and international wines.
🍲 Street Food Stalls Local food markets feature diverse street food options.
🍕 Popular International Cuisine Restaurants like 'Sushi Time' cater to international tastes.

Culture and Attractions

🎟️ Must-See Landmarks The Panevėžys Theatre and the City Park are essential visits.
🏛️ Museums & Art Venues 'Panevėžio Region Museum' showcases local history and culture.
🏰 Historical Sites The Cathedral of St. Peter and St. Paul is a notable site.
🕍 Religious Sites The Church of St. Peter and St. Paul is a significant landmark.
🎉 Annual Events 'Panevėžys Street Music Day' occurs every June.
🎨 Cultural Districts 'Senoji Panevėžys' district features old architecture and charm.
🎭 Theater Venues Panevėžys Theatre offers a variety of performances year-round.
🛍️ Local Markets The Sunday Market at Maironio Street is a vibrant shopping spot.
🎼 Music Scene 'Bamboo' club hosts regular live music events.
🎨 Street Art Murals around the city highlight local artists' work.
🧑‍🍳 Cooking Classes 'Kranklis' offers traditional Lithuanian cooking workshops.
👩‍🎨 Art Galleries The 'Meno Parkas' gallery is known for contemporary art exhibitions.
🕰️ Historic Buildings The Panevėžys Town Hall is a fine example of historic architecture.
🏴 Local Heritage The city celebrates its textile industrial history and cultural roots.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The Užpaliai Forest offers great hiking opportunities.
🏞️ National Parks Nearby 'Aukštaitija National Park' is about an hour's drive from the city.
🚲 Cycling/Walking Paths The Nevėžis River trail is perfect for biking or walking.
🌄 Scenic Viewpoints The viewpoint near Panevėžys Castle offers lovely city views.
🦉 Birdwatching Locations Maironis Park is a popular spot for birdwatchers.
🔥 Bonfire-Friendly Spots Certain areas of Aukštaitija National Park allow bonfires.

Other Services and Amenities

📦 Parcel Delivery Service DPD and Lithuanian Post provide reliable delivery services.
🛠️ Tech Repair Services 'TechFix' offers electronics repair services.
🏓 Table Tennis Spots 'Panevėžys Sports Centre' has table tennis facilities.
🧑‍🏫 Language Classes 'Kalba.lt' offers Lithuanian language courses for foreigners.
📚 Libraries & Study Spots The Panevėžys Library is a quiet spot for reading and studying.
🏘️ Community Centers 'Panevėžys Community Centre' hosts various cultural events.
🕹️ Gaming Lounges 'GameZone' provides a space for gaming enthusiasts.
🎰 Casino & Gaming Halls 'Olympic Casino' offers various gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €1,400 per m² (e.g., 40 m² = €56,000)
🏢 Studio Purchase Price (Outside City) Approx. €1,200 per m² (e.g., 40 m² = €48,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €1,800 per m² (e.g., 60 m² = €108,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €1,500 per m² (e.g., 60 m² = €90,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €1,600 per m² (e.g., 80 m² = €128,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €1,300 per m² (e.g., 80 m² = €104,000)
💼 Corporate Tax 15%
💵 Dividend Withholding Tax 15%
🏦 Tax System Based on residence in Lithuania, taxing worldwide income.
📈 Highest Income Tax Bracket 15%
🧾 VAT 21%
🌐 Controlled Foreign Company (CFC) Rules Yes, applies to foreign subsidiaries subjected to strict rules.
🏠 Property Tax Based on the value of the property; around 1-2% annually.
🏠 Property Transaction Tax 1-2% on purchase price.
💻 Attractive Tax System for Digital Nomads No specific incentives, but low personal tax rate for expats.

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