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Cancún, Mexico 🇲🇽
#1409 ,

Nomad Score: 68%

Essentials

🏙️ City Cancún is a popular tourist destination located in the eastern part of Mexico's Yucatán Peninsula, known for its stunning beaches and vibrant nightlife.
👥 Population Approx. 888,000
💻 Internet Speed 30-50 Mbps (varies by provider and location)
💸 Currency & Banking 1 USD ≈ 18.50 MXN
🚰 Tap Water Not drinkable; bottled water recommended.
🔌 Power 127V, 60Hz, 🔌 Type A/B sockets
📶 SIM Card Major providers include Telcel, Movistar, and AT&T, offering prepaid options.
💳 Banking for Expats Popular services include HSBC, Citibanamex, and BBVA.
🛌 Accommodation Options range from luxury resorts to budget hostels, with Airbnb popular among digital nomads.
💳 Cashless Friendly Yes, cards widely accepted; however, having cash for smaller establishments is advisable.
🏠 Short Term Rentals Airbnb and Vrbo are popular for short-term stays.
🛏️ Budget Accommodation Hostal Mayapan and Selina Cancun offer affordable lodging.
🏙️ Best Area to Stay for Tourists Hotel Zone (Zona Hotelera) is ideal for tourists due to its beaches and amenities.
🏙️ Best Area to Stay for Digital Nomads Downtown Cancún is recommended for its local vibe and affordability, with easy access to Coworking spaces.

Working and Networking

🏢 Best Coworking Space The Nest Coworking offers a vibrant community and great amenities.
Best Cafe for Work Café Nader is a popular spot for remote work with good coffee and Wi-Fi.
💼 Networking Events Events hosted by Digital Nomads Cancun Facebook group.
🥂 Social Events for Expats Weekly meetups organized through the Expats in Cancun Facebook group.

Transportation

🚕 Best Taxi/Ride App Uber operates smoothly and is preferred for safety and convenience.
🚲 Bike/Scooter Rental Biking along the Hotel Zone is popular; options include Bacalar Bike Rentals.
🏖️ Best Beach Nearby Playa Delfines is commonly regarded as one of the best beaches.
✈️ Top Regional Airline Volaris and Interjet offer regional connections.
✈️ Top International Airline American Airlines and Aeromexico provide numerous international flights.
🛣️ Highway Access Autopista 180 connects to Playa del Carmen and Tulum.
🚉 Main Train/Transit Hub Cancún International Airport (CUN) serves as the main transit hub.
🚍 Public Transport Passes Buses are cheap; a colectivo to downtown costs around $10 MXN.
✈️ Regional Travel Buses like ADO connect Cancún to regional destinations such as Playa del Carmen and Tulum.

Health and Wellness

🏥 Best Hospital Hospiten Cancún is a top-rated private hospital with various services.
🧘 Yoga & Wellness Centers Yoga Cancun and Power Yoga offer classes for all levels.
🏋️ Gyms & Fitness Centers Smart Fit and Anytime Fitness have locations in Cancún.
🧺 Laundry Services Lavandería Express offers convenient laundry services.

Food and Drink

📱 Best Food Delivery App Domicilios.com is a popular food delivery service.
🍽️ Best Local Dish to Try Cochinita Pibil (slow-roasted pork) is a must-try local dish.
🍱 Vegan/Vegetarian Options The Green Spot offers great plant-based options.
🍫 Best Dessert Spots Churros El Charro serves delicious churros.
🛒 Affordable Shopping Spots Mercado 28 offers local handicrafts and street food.
🛒 E-commerce/Online Store Amazon Mexico is widely available for online shopping.
🛒 Grocery Delivery Superama and Walmart offer grocery delivery services.
🍸 Bar/Nightlife Area Coco Bongo and Mandala are popular nightlife destinations.
🍻 Local Brewery Cervecería Cancun is a local brewery offering craft beers.
🍷 Wine Bars Vinoteca offers a great selection of wines.
🍲 Street Food Stalls Street tacos abound in downtown Cancún; try La Habichuela.
🍕 Popular International Cuisine Restaurants like La Destileria offer Mexican and international cuisine.

Culture and Attractions

🎟️ Must-See Landmarks El Rey Ruins is a fascinating archaeological site worth visiting.
🏛️ Museums & Art Venues Museo Maya de Cancún showcases the region's history and culture.
🏰 Historical Sites The Tulum Ruins are nearby and a major tourist attraction.
🕍 Religious Sites Parroquia de Cristo Resucitado is an iconic church in Cancún.
🎉 Annual Events Cancún Jazz Festival and Day of the Dead celebrations are noteworthy.
🎨 Cultural Districts Downtown Cancún offers a more local and cultural experience.
🎭 Theater Venues Teatro de Cancún hosts various performances and events.
🛍️ Local Markets Mercado 28 is a vibrant local market with crafts and food.
🎼 Music Scene Live music is abundant in local bars and restaurants, especially near the Hotel Zone.
🎨 Street Art Explore Calle de los Muertos for vibrant murals and street art.
🧑‍🍳 Cooking Classes Eat with Gusto offers cooking classes for traditional Mexican cuisine.
👩‍🎨 Art Galleries Galería de Arte Mexicano presents local artists and exhibitions.
🕰️ Historic Buildings The archeological site at El Rey is a historic gem.
🏴 Local Heritage Cancún is known for its rich Mayan heritage and traditions.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Isla Mujeres is a beautiful nearby island for a day trip.
🏞️ National Parks Nearby Sian Ka'an Biosphere Reserve is a UNESCO World Heritage site.
🚲 Cycling/Walking Paths The Hotel Zone has dedicated bike lanes for safe cycling.
🌄 Scenic Viewpoints The viewpoint at Punta Nizuc offers stunning ocean vistas.
🦉 Birdwatching Locations Las Lagunas de Zazil-Nak offers great opportunities for wildlife observation.
🔥 Bonfire-Friendly Spots Some beach areas allow bonfires; check local regulations.

Other Services and Amenities

📦 Parcel Delivery Service DHL and FedEx offer reliable parcel delivery services.
🛠️ Tech Repair Services Tech Repair Cancun specializes in mobile and computer repair.
🏓 Table Tennis Spots Visit local parks like Parque de las Palapas for public table tennis.
🧑‍🏫 Language Classes Instituto Cultural Mexicano offers Spanish language classes.
📚 Libraries & Study Spots Biblioteca Pública de Cancún offers reading and study areas.
🏘️ Community Centers Centro Cultural de Cancún hosts various community events and activities.
🕹️ Gaming Lounges Gaming hotspots include various cafés in the downtown area.
🎰 Casino & Gaming Halls Casino Palace and Play City are popular gaming venues.

Business

🏢 Studio Purchase Price (City Center) Approx. $2,500 per m² (e.g., 40 m² = $100,000)
🏢 Studio Purchase Price (Outside City) Approx. $2,000 per m² (e.g., 40 m² = $80,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $2,800 per m² (e.g., 60 m² = $168,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $2,300 per m² (e.g., 60 m² = $138,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $3,000 per m² (e.g., 80 m² = $240,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $2,500 per m² (e.g., 80 m² = $200,000)
💼 Corporate Tax 30%
💵 Dividend Withholding Tax 10%
🏦 Tax System Residents are taxed on worldwide income.
📈 Highest Income Tax Bracket 35%
🧾 VAT 16%
🌐 Controlled Foreign Company (CFC) Rules Yes, Mexico has strict regulations for CFCs.
🏠 Property Tax Annual property tax rates hover around 0.1% of property value.
🏠 Property Transaction Tax Approximately 2% payable at the time of transfer.
💻 Attractive Tax System for Digital Nomads 0% tax on income earned outside Mexico, making it attractive for remote workers.

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