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Hulhumalé, Maldives 🇲🇻
#1962 ,

Nomad Score: 52%

Essentials

🏙️ City Hulhumalé is a reclaimed island near the capital, Malé. It is known for its modern infrastructure and beautiful beaches.
👥 Population approximately 70,000
💻 Internet Speed average of 25 Mbps
💸 Currency & Banking 1 USD ≈ 15.4 MVR (Maldivian Rufiyaa). ATMs available, but it's advisable to carry some cash.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 230V, 50Hz, 🔌 Type G sockets
📶 SIM Card Dhiraagu and Ooredoo offer prepaid SIM cards with data plans.
💳 Banking for Expats Major banks include Bank of Maldives and HSBC. Mobile payments are growing.
🛌 Accommodation Options include hotels, guesthouses, and serviced apartments like The Beehive or H78 Maldives.
💳 Cashless Friendly Yes, cards are accepted at many places, but cash is still preferred.
🏠 Short Term Rentals Platforms like Airbnb offer various listings including beachfront properties.
🛏️ Budget Accommodation Hostels and guesthouses like Mookai Hotel are available starting around $30 per night.
🏙️ Best Area to Stay for Tourists Near the beach or the main tourist areas close to restaurants and shops.
🏙️ Best Area to Stay for Digital Nomads Residences around the Hulhumalé Central Park offer a good mix of tranquility and accessibility.

Working and Networking

🏢 Best Coworking Space The Hive Hulhumalé offers a cozy coworking environment.
Best Cafe for Work Café Eithad is a popular spot with good Wi-Fi and coffee.
💼 Networking Events Regular events organized by local expat communities, check social media for updates.
🥂 Social Events for Expats Facebook groups for expats in Maldives organize meetups and activities.

Transportation

🚕 Best Taxi/Ride App InstaRyde is a reliable app for ride-hailing in Hulhumalé.
🚲 Bike/Scooter Rental Local shops rent bicycles and scooters for around $5-$10 a day.
🏖️ Best Beach Nearby Hulhumalé Beach, easily accessible and great for swimming and sunbathing.
✈️ Top Regional Airline Maldivian conducts domestic flights to various islands.
✈️ Top International Airline Emirates, Qatar Airways, and SriLankan Airlines connect to Malé.
🛣️ Highway Access The island is connected to Malé via a causeway.
🚉 Main Train/Transit Hub Hulhumalé does not have a train system; all transport is via road or ferry.
🚍 Public Transport Passes Buses run frequently but are limited to Malé and nearby islands.
✈️ Regional Travel Ferry services to nearby islands like Thulusdhoo and Maafushi.

Health and Wellness

🏥 Best Hospital ADK Hospital is well-equipped and provides a range of services.
🧘 Yoga & Wellness Centers Yoga Maldives offers classes on the beach for relaxation and fitness.
🏋️ Gyms & Fitness Centers Fitness First and local gyms are available for workouts.
🧺 Laundry Services Local laundromats offer dry cleaning and washing services.

Food and Drink

📱 Best Food Delivery App PickMe is a popular food and grocery delivery app in the Maldives.
🍽️ Best Local Dish to Try Mas Huni (tuna salad) is a must-try local dish, often enjoyed for breakfast.
🍱 Vegan/Vegetarian Options Active restaurants like The Sea House offer vegan options.
🍫 Best Dessert Spots Hulhumalé's Café 21 is famous for its desserts and pastries.
🛒 Affordable Shopping Spots Local markets and small grocery stores offer fresh fruits and vegetables.
🛒 E-commerce/Online Store Baisam is a local online marketplace for various products.
🛒 Grocery Delivery Biyadhoo is a grocery delivery service in Hulhumalé.
🍸 Bar/Nightlife Area Hulhumalé has a few beach bars where you can relax at night.
🍻 Local Brewery Brewery for local craft beer is not available; import beers only at some bars.
🍷 Wine Bars Wine and drinks can be enjoyed at upscale restaurants.
🍲 Street Food Stalls Visit local stalls for fresh seafood and street snacks.
🍕 Popular International Cuisine Pizza and Indian cuisine are widely available.

Culture and Attractions

🎟️ Must-See Landmarks Hulhumalé Central Park and the beautiful beachfront walk.
🏛️ Museums & Art Venues National Museum in Malé is worth a day trip.
🏰 Historical Sites Visit the Old Friday Mosque in Malé for its historical value.
🕍 Religious Sites Hulhumalé mosque is a prominent local religious structure.
🎉 Annual Events Maldivian National Day is celebrated annually with parades and events.
🎨 Cultural Districts Explore the local neighborhoods to experience authentic Maldivian life.
🎭 Theater Venues No prominent theaters in Hulhumalé, but watch for events in Malé.
🛍️ Local Markets Hulhumalé has local markets for handicrafts and souvenirs.
🎼 Music Scene Local bands often perform at cafés and bars.
🎨 Street Art Watch for murals and art around the island celebrating local culture.
🧑‍🍳 Cooking Classes Local culinary schools offer classes showcasing Maldivian cuisine.
👩‍🎨 Art Galleries Limited art galleries, but local artists showcase work in public spaces.
🕰️ Historic Buildings Explore traditional Maldivian architecture in Malé.
🏴 Local Heritage Traditional fishing boats and crafts reflect the cultural heritage.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Enjoy nearby sandbanks and uninhabited islands for a getaway.
🏞️ National Parks Nearby Baa Atoll Biosphere Reserve is a notable natural area accessible via boat.
🚲 Cycling/Walking Paths Paths along the beach are perfect for walking and cycling.
🌄 Scenic Viewpoints Sunset views from Hulhumalé Beach are stunning.
🦉 Birdwatching Locations Explore the nearby islands for diverse bird species.
🔥 Bonfire-Friendly Spots Certain areas on Hulhumalé Beach allow bonfires; check local regulations.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local courier services handle delivery needs.
🛠️ Tech Repair Services Local shops can handle basic repairs for devices.
🏓 Table Tennis Spots Check community centers for table tennis facilities.
🧑‍🏫 Language Classes Some schools offer English and Dhivehi language classes.
📚 Libraries & Study Spots Public libraries in Malé are accessible for reading and study.
🏘️ Community Centers Local community centers often host events and social gatherings.
🕹️ Gaming Lounges Limited, but some cafés offer gaming options.
🎰 Casino & Gaming Halls No casinos; local entertainment mostly revolves around social activities.

Business

🏢 Studio Purchase Price (City Center) Approx. $3,500 per m² (e.g., 40 m² = $140,000)
🏢 Studio Purchase Price (Outside City) Approx. $2,800 per m² (e.g., 40 m² = $112,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $3,200 per m² (e.g., 60 m² = $192,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $2,500 per m² (e.g., 60 m² = $150,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $3,000 per m² (e.g., 80 m² = $240,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $2,300 per m² (e.g., 80 m² = $184,000)
💼 Corporate Tax 15%
💵 Dividend Withholding Tax 5%
🏦 Tax System Territorial tax basis for residents.
📈 Highest Income Tax Bracket 15%
🧾 VAT 6%
🌐 Controlled Foreign Company (CFC) Rules No stringent CFC rules.
🏠 Property Tax No annual property tax.
🏠 Property Transaction Tax 2% on property purchases.
💻 Attractive Tax System for Digital Nomads No personal tax on foreign income, making it appealing for nomads.

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