Nomad Watch

Essentials

City
Ulaanbaatar, Mongolia
Population
1,600,000
Internet Speed
Fiber optic widely available; Average 60-100 Mbps
Currency & Banking
Mongolian Tögrög (MNT); 1 USD ≈ 3,450 MNT
Tap Water
Not drinkable; purification or bottled water required (approx. 1,500 MNT/1.5L)
Power
230V, 50Hz, 🔌 Type C/E/F sockets (European standard)
SIM Card
Mobicom or Unitel; ~25,000 MNT for 30GB data
Banking for Expats
Khan Bank and Golomt Bank; multi-currency accounts available
Accommodation
Airbnb, Unubold Apartments, or long-term rentals via Facebook groups
Cashless Friendly
Yes, card and QR (SocialPay/QPay) used everywhere even in small kiosks
Short Term Rentals
Airbnb (average $40-$70/night), Lotus Guesthouse
Budget Accommodation
Zaya Guest House ($25/night), Sunpath Mongolia Hostel ($15/night)
Best Area to Stay for Tourists
Sukhbaatar Square / City Center (near Blue Sky Hotel)
Best Area to Stay for Digital Nomads
Zaisan District (quieter, better air quality) or Shangri-La area

Working and Networking

Best Coworking Space
Hub Innovation Center (20,000 MNT/day), M-Office (Sukhbaatar District)
Best Cafe for Work
UBean Coffee Roasters (Peace Avenue), ROC Caffeine Bar (Zaisan)
Networking Events
Startup Grind Ulaanbaatar, Mongolian National Chamber of Commerce events
Social Events for Expats
UB Expats Facebook Group, weekly meetups at Fat Cat Jazz Club

Transportation

Best Taxi/Ride App
UBCab (most reliable), or flagging down 'street taxis'
Bike/Scooter Rental
Jet Sharing (scooter app active in summer), UB Cycling
Best Beach Nearby
N/A (Landlocked); closest water is Terelj National Park riverbanks
Top Regional Airline
Hunnu Air, Aero Mongolia
Top International Airline
MIAT Mongolian Airlines, Turkish Airlines
Highway Access
AH3 (Asian Highway 3) connecting Russia to China via UB
Main Train/Transit Hub
Ulaanbaatar Railway Station (Trans-Mongolian terminal)
Public Transport Passes
Umoney card (500 MNT per bus ride)
Regional Travel
Inter-city bus from Dragon Center (West) or Bayanzurkh Center (East)

Health and Wellness

Best Hospital
Intermed Hospital (International standard), SOS Medica
Yoga & Wellness Centers
Lotus Yoga Center (Zaisan), Yoga Center UB
Gyms & Fitness Centers
California Fitness, Gold's Gym (Shangri-La Mall)
Laundry Services
Clean Up Laundry, Tsever (Pickup/delivery via app)

Food and Drink

Best Food Delivery App
Toki, Songo
Best Local Dish to Try
Khuushuur (fried meat pastry), Buuz (steamed dumplings)
Vegan/Vegetarian Options
Loving Hut (multiple locations), Luna Blanca
Best Dessert Spots
Tous Les Jours, Little Heaven in UB
Affordable Shopping Spots
Narantuul Market (The Black Market), Mercury Market (food)
E-commerce/Online Store
Shoppy.mn, Banana Mall
Grocery Delivery
Emart app, Saruul Market
Bar/Nightlife Area
Seoul Street (Nightlight street)
Local Brewery
Gem Draft, Niislel Brewery
Wine Bars
Cuvée Wine Bar, World Wine
Street Food Stalls
Beaver's Khuushuur, various 'Guanz' (canteens)
Popular International Cuisine
Hazara (North Indian), Sakura (Japanese)

Culture and Attractions

Must-See Landmarks
Sukhbaatar Square, Gandantegchinlen Monastery
Museums & Art Venues
Chinggis Khaan National Museum, Zanabazar Museum of Fine Arts
Historical Sites
Choijin Lama Temple Museum, Bogd Khaan Winter Palace
Religious Sites
Gandan Monastery, Dashchoilin Monastery
Annual Events
Naadam Festival (July), Tsagaan Sar (Lunar New Year)
Cultural Districts
Ger Districts (cultural tours), Seoul Street
Theater Venues
State Opera and Ballet Theatre
Local Markets
Narantuul, Mercury Food Market
Music Scene
Fat Cat Jazz Club, Playtime Festival (Summer)
Street Art
Murals around help of 'Nomadic Vinyl' and local graffiti artists
Cooking Classes
Mongolian Secret History workshops
Art Galleries
MN Urban Modern Art Gallery, 976 Art Gallery
Historic Buildings
Government House, Central Post Office
Local Heritage
Soyombo symbol (National emblem found everywhere)

Nature and Outdoor Activities

Nearby Nature Escapes
Gorkhi-Terelj National Park (1.5 hours away)
National Parks Nearby
Bogd Khan Uul Strictly Protected Area (southern edge of city)
Cycling/Walking Paths
Tuul River bike path
Scenic Viewpoints
Zaisan Memorial (panoramic city view)
Birdwatching Locations
Tuul River valley
Bonfire-Friendly Spots
Designated camping sites in Terelj

Other Services and Amenities

Parcel Delivery Service
Mongol Post, DHL Mongolia
Tech Repair Services
Tedon Service Center (Computer Repairs)
Table Tennis Spots
Och Club
Language Classes
Bridge Language Center (Mongolian for expats)
Libraries & Study Spots
National Library of Mongolia, American Corner UB
Community Centers
The Children's Palace, various District Cultural Centers
Gaming Lounges
GG Hub, Zeuz
Casino & Gaming Halls
Strictly regulated/Illegal (limited to VIP clubs)

Business

Studio Purchase Price (City Center)
Approx. $1,400 per m² (e.g., 40 m² = $56,000)
Studio Purchase Price (Outside City)
Approx. $900 per m² (e.g., 40 m² = $36,000)
1-Bedroom Purchase Price (City Center)
Approx. $1,300 per m² (e.g., 60 m² = $78,000)
1-Bedroom Purchase Price (Outside City)
Approx. $850 per m² (e.g., 60 m² = $51,000)
2-Bedroom Purchase Price (City Center)
Approx. $1,250 per m² (e.g., 80 m² = $100,000)
2-Bedroom Purchase Price (Outside City)
Approx. $800 per m² (e.g., 80 m² = $64,000)
Corporate Tax
10% for income up to 6 billion MNT
Dividend Withholding Tax
10%
Tax System
Residency-based; 183 days makes you a tax resident
Highest Income Tax Bracket
20% (on income over 10 million MNT/month), otherwise 10%
VAT
10% (can get 2% refund via E-Barimt app)
Controlled Foreign Company (CFC) Rules
Yes, basic rules apply
Property Tax
0.6% to 1.0% of value
Property Transaction Tax
2% stamp duty/transfer tax
Attractive Tax System for Digital Nomads
Low flat income tax rate (10%) for most income levels

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