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Malé, Maldives 🇲🇻
#1216 ,

Nomad Score: 50%

Essentials

🏙️ City Malé is the capital city of the Maldives, known for its vibrant culture and stunning architecture.
👥 Population Approx. 200,000
💻 Internet Speed Average speed is about 30 Mbps, but may vary depending on location.
💸 Currency & Banking 1 USD ≈ 15.4 MVR (Maldivian Rufiyaa)
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 230V, 50Hz, 🔌 Type D and G sockets
📶 SIM Card Ooredoo and Dhiraagu are the main providers offering good coverage and affordable data plans.
💳 Banking for Expats Visa and MasterCard are widely accepted; ATMs available but can be limited.
🛌 Accommodation Options include hotels, guesthouses, and serviced apartments.
💳 Cashless Friendly Yes, cards accepted widely, especially in larger establishments.
🏠 Short Term Rentals Airbnb and local guesthouses are common for short stays.
🛏️ Budget Accommodation Local guesthouses can start from around $30 per night.
🏙️ Best Area to Stay for Tourists The waterfront area offers stunning views and close proximity to attractions.
🏙️ Best Area to Stay for Digital Nomads Areas near Malé's city center provide easy access to coworking spaces and amenities.

Working and Networking

🏢 Best Coworking Space The Hive Malé offers a productive environment and networking opportunities.
Best Cafe for Work The Coffee Shop is a popular remote work spot, with good Wi-Fi and ambiance.
💼 Networking Events Monthly meetups and workshops organized by local expats and digital nomad groups.
🥂 Social Events for Expats The Maldives Expats Facebook Group frequently posts about community events.

Transportation

🚕 Best Taxi/Ride App Kuriir and Ooredoo's ride-hailing feature are popular options.
🚲 Bike/Scooter Rental Bike rentals are available from various shops around the city.
🏖️ Best Beach Nearby Hulhumale Beach is approximately 15 minutes away by ferry.
✈️ Top Regional Airline Maldivian is the main regional carrier for inter-island flights.
✈️ Top International Airline Emirates and Qatar Airways offer frequent flights.
🛣️ Highway Access Malé is well-connected by ferry service to nearby islands.
🚉 Main Train/Transit Hub Malé's ferry terminal serves as the primary transport hub.
🚍 Public Transport Passes Ferry passes available for unlimited travel within some routes.
✈️ Regional Travel Inter-island ferries and seaplanes make travel between islands convenient.

Health and Wellness

🏥 Best Hospital ADK Hospital offers quality healthcare services.
🧘 Yoga & Wellness Centers The Yoga Room offers classes and wellness retreats.
🏋️ Gyms & Fitness Centers Fitness First provides various membership options.
🧺 Laundry Services Laundry services are available in most guesthouses and hotels.

Food and Drink

📱 Best Food Delivery App Heavenly Maldivian Cuisine app offers local food delivery.
🍽️ Best Local Dish to Try Mas Huni – a traditional breakfast dish made with tuna and coconut.
🍱 Vegan/Vegetarian Options The Lotus Restaurant offers a variety of vegetarian-friendly dishes.
🍫 Best Dessert Spots Cafe Lune is famous for its delicious pastries and desserts.
🛒 Affordable Shopping Spots Local markets like Majeedhee Magu offer various groceries and local products.
🛒 E-commerce/Online Store The Maldives' E-commerce platform offers local products online.
🛒 Grocery Delivery Lime and Dhiraagu offer grocery delivery services.
🍸 Bar/Nightlife Area Mahal Nightclub is popular among locals and expatriates.
🍻 Local Brewery Maldivian Brew specializes in local craft beer.
🍷 Wine Bars Wine & Dine offers a selection of fine wines.
🍲 Street Food Stalls Local stalls in Malé offer snacks like Samosas and Fish Cutlets.
🍕 Popular International Cuisine Thai & Chinese restaurants are widely available in the city.

Culture and Attractions

🎟️ Must-See Landmarks The Maldives Islamic Centre and the Old Friday Mosque are essential visits.
🏛️ Museums & Art Venues Maldives National Museum showcases the cultural heritage of the Maldives.
🏰 Historical Sites The Old Friday Mosque dates back to the 17th century.
🕍 Religious Sites The Grand Friday Mosque is one of the largest in the Maldives.
🎉 Annual Events Independence Day is celebrated with parades and festivities every July.
🎨 Cultural Districts Henveiru is known for local festivals and traditions.
🎭 Theater Venues The National Theatre in Malé hosts performances and events.
🛍️ Local Markets Shoe Market offers local handicrafts and souvenirs.
🎼 Music Scene Local open mic nights at various cafes support emerging artists.
🎨 Street Art Fahiheen Park features stunning murals and local art installations.
🧑‍🍳 Cooking Classes Maldivian cooking classes are offered in various guesthouses.
👩‍🎨 Art Galleries The National Art Gallery showcases contemporary Maldivian art.
🕰️ Historic Buildings Mulee Aage is a historical building that serves as the President's Office.
🏴 Local Heritage The Maldivian flag represents unity and independence.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Fihalhohi Island offers beautiful beaches and snorkeling.
🏞️ National Parks Nearby Banana Reef is a popular scuba diving spot nearby.
🚲 Cycling/Walking Paths Bike paths are being developed along Hulhumale Lagoon.
🌄 Scenic Viewpoints The top of the artificial island offers great sunset views.
🦉 Birdwatching Locations Spot numerous bird species at the nearby islands.
🔥 Bonfire-Friendly Spots Designated areas on various resorts allow bonfires during evenings.

Other Services and Amenities

📦 Parcel Delivery Service Maldives Post offers reliable shipping services.
🛠️ Tech Repair Services Local electronics stores provide repair services.
🏓 Table Tennis Spots Some community centers have table tennis facilities.
🧑‍🏫 Language Classes Learn Dhivehi at various local language schools.
📚 Libraries & Study Spots The National Library is the best place for reading and studying.
🏘️ Community Centers Centre for Youth Activities offers cultural events and gatherings.
🕹️ Gaming Lounges Casual gaming spots are available at various cafes.
🎰 Casino & Gaming Halls Maldives does not have traditional casinos, but games are offered in resorts.

Business

🏢 Studio Purchase Price (City Center) Approx. $5,000 per m² (e.g., 40 m² = $200,000)
🏢 Studio Purchase Price (Outside City) Approx. $4,000 per m² (e.g., 40 m² = $160,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $4,500 per m² (e.g., 60 m² = $270,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $3,500 per m² (e.g., 60 m² = $210,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $4,000 per m² (e.g., 80 m² = $320,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $3,200 per m² (e.g., 80 m² = $256,000)
💼 Corporate Tax 15%
💵 Dividend Withholding Tax 0%
🏦 Tax System Tax residency based on physical presence for 183 days.
📈 Highest Income Tax Bracket 15%
🧾 VAT 6%
🌐 Controlled Foreign Company (CFC) Rules Yes, Maldives imposes CFC rules on foreign entities.
🏠 Property Tax Annual property tax based on property value.
🏠 Property Transaction Tax 0% for Maldivian citizens; 10% for foreigners.
💻 Attractive Tax System for Digital Nomads Foreigners typically pay no tax on income earned outside Maldives.

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