Nomad Watch

Essentials

Internet Speed
Average 60-150 Mbps; Fiber optic widely available via TotalPlay and Izzi
Currency & Banking
Mexican Peso (MXN). 1 USD ≈ 17.50 MXN, 1 EUR ≈ 19.00 MXN
Tap Water
Not drinkable; use bottled water or 'garrafones' (20L jugs)
Power
127V, 60Hz, 🔌 Type A and B sockets (same as USA/Canada)
Accommodation
Airbnb, Casai (curated apartments), and Facebook groups like 'Apartments for Rent in CDMX'
Cashless Friendly
Mostly yes in Roma/Condesa; cash (Pesos) essential for street food and markets
Short Term Rentals
Airbnb, Selina (Condesa/Virreyes), and Sonder
Budget Accommodation
Hostel Home (Roma Norte), Casa Pepe (Centro Historico) approx. $20-35 USD/night
Population
Approx. 22,000,000 (Greater Metropolitan Area)
SIM Card
Telcel (best coverage), AT&T Mexico, or Bait (best value). 10GB for approx. $25 USD
Best Area to Stay for Tourists
Centro Histórico for history, Polanco for luxury shopping and museums
Best Area to Stay for Digital Nomads
Roma Norte, Condesa, Coyoacán, and Juárez
City
Mexico City (CDMX), Mexico
Banking for Expats
BBVA Mexico, Santander, and digital banks like Nu Mexico or Revolut

Transportation

Best Taxi/Ride App
Uber (most reliable), Didi (cheaper), or InDrive
Best Beach Nearby
Acapulco (5-hour drive or 1-hour flight) or Puerto Escondido (1-hour flight)
Top Regional Airline
Volaris and VivaAerobus (low cost)
Public Transport Passes
Tarjeta de Movilidad Integrada - $1 USD for card; works for Metro, Metrobus, and Cablebús
Regional Travel
Executive buses: ADO (East), ETN or Primera Plus (West/North)
Bike/Scooter Rental
Ecobici (City-run bike share) - Annual pass approx. $30 USD; Individual days available
Top International Airline
Aeromexico (based at AICM Hub)
Highway Access
Connects via Autopista del Sol (95D) to South and Circuito Exterior Mexiquense (A-1)
Main Train/Transit Hub
Buenavista Station (Suburbano train) and TAPO (Main Eastward bus terminal)

Health and Wellness

Best Hospital
ABC Medical Center (Santa Fe or Observatorio) - English speaking, JCI accredited
Yoga & Wellness Centers
Yoga Loft (Roma Norte), Mukta Yoga (Condesa) - Approx. $15 USD per drop-in
Gyms & Fitness Centers
Smart Fit (Everywhere - $30/mo), Sports World (Premium - $80/mo)
Laundry Services
Lavenderías (Wash & Fold) found on every block - Approx. $5 USD per load

Food and Drink

Best Food Delivery App
Rappi (most popular), UberEats, and Didi Food
Best Local Dish to Try
Tacos al Pastor (El Tizoncito or El Vilsito), Chilaquiles, and Mole Poblano
Vegan/Vegetarian Options
Por Siempre Vegana Taquería (Roma), Gold Taco (Narvarte)
Best Dessert Spots
Churrería El Moro (Multiple locations), Pastelería Ideal (Centro)
Affordable Shopping Spots
Mercado Medellín (Roma Sur), Mercado de San Juan (Gourmet items)
Wine Bars
Loup Bar (Roma Norte), Hugo (Condesa/Roma border)
Street Food Stalls
Tacos Joven (Narvarte), Tamales on corners of Av. Insurgentes
Grocery Delivery
Cornershop (by Uber), Jüsto (Online only supermarket)
Bar/Nightlife Area
La Roma (Trendy bars), Juárez (Speakeasies like 'Hanky Panky')
E-commerce/Online Store
Mercado Libre (Fastest), Amazon Mexico
Local Brewery
Cervecería Cru-Cru (Roma Norte), Falling Piano Brewing Co. (Roma)
Popular International Cuisine
Masala y Maiz (East African/Indian fusion), Rosetta (Italian-influenced Mexican)

Culture and Attractions

Must-See Landmarks
Zócalo, Palacio de Bellas Artes, Chapultepec Castle
Museums & Art Venues
Museo Nacional de Antropología, Soumaya Museum, Frida Kahlo Museum
Religious Sites
Basilica of Our Lady of Guadalupe, Metropolitan Cathedral
Annual Events
Día de Muertos (Nov), Vive Latino (March), Zona Maco Art Fair (Feb)
Cultural Districts
Coyoacán (Bohemian), San Ángel (Artistic/Traditional)
Theater Venues
Teatro Metropólitan, Auditorio Nacional
Local Markets
Bazar Sábado (San Ángel), Mercado de Artesanías La Ciudadela
Music Scene
Mariachi at Plaza Garibaldi, Jazz at Zinco Jazz Club
Street Art
Murales by Diego Rivera at SEP or Palacio Nacional
Cooking Classes
Casa Jacaranda (Roma Norte), Aura Cocina Mexicana
Art Galleries
Kurimanzutto (San Miguel Chapultepec), OMR (Roma)
Historic Buildings
Casa de los Azulejos, Palacio de Correos
Local Heritage
The 'Chinampas' (floating gardens) of Xochimilco
Historical Sites
Templo Mayor (Aztec ruins), Tlatelolco (Plaza de las Tres Culturas)

Nature and Outdoor Activities

Nearby Nature Escapes
Desierto de los Leones, Los Dinamos Eco-Park
National Parks Nearby
Iztaccíhuatl-Popocatépetl National Park (Hiking high-altitude volcanoes)
Cycling/Walking Paths
Reforma Avenue (closed to cars on Sundays for biking), Chapultepec Park
Scenic Viewpoints
Torre Latinoamericana (44th floor), Castillo de Chapultepec
Birdwatching Locations
Reserva Ecológica del Pedregal de San Ángel (REPSA)
Bonfire-Friendly Spots
Camping zones in Ajusco National Park

Other Services and Amenities

Parcel Delivery Service
Estafeta, DHL Mexico, Fedex (Main offices in Zona Rosa)
Tech Repair Services
Fix It (In most malls), Plaza de la Tecnología (Eje Central for cheap repairs)
Table Tennis Spots
Pins & Pon (Coyoacán), many public parks in Condesa
Language Classes
CEPE UNAM (Polanco/CU), Walk and Talk Mexico City
Libraries & Study Spots
Biblioteca Vasconcelos (Architectural marvel), Biblioteca Nacional de México
Community Centers
Centro Cultural de España en México (Centro)
Gaming Lounges
Arena The Place to Play (Various Malls like Antara or Perisur)
Casino & Gaming Halls
Casino Life (Del Valle), Codere Royal Yak (Hipódromo de las Américas)

Business

Studio Purchase Price (City Center)
Approx. $4,800 USD per m² (e.g., 40 m² = $192,000 USD in Condesa/Roma)
Studio Purchase Price (Outside City)
Approx. $2,200 USD per m² (e.g., 40 m² = $88,000 USD in Lindavista)
1-Bedroom Purchase Price (City Center)
Approx. $4,500 USD per m² (e.g., 60 m² = $270,000 USD in Juarez/Cuauhtemoc)
1-Bedroom Purchase Price (Outside City)
Approx. $2,000 USD per m² (e.g., 60 m² = $120,000 USD in Iztapalapa/Environs)
2-Bedroom Purchase Price (City Center)
Approx. $4,200 USD per m² (e.g., 80 m² = $336,000 USD in Polanco/Anzures)
2-Bedroom Purchase Price (Outside City)
Approx. $1,800 USD per m² (e.g., 80 m² = $144,000 USD in State of Mexico boundaries)
Corporate Tax
Standard rate of 30%
Dividend Withholding Tax
10% for individuals/foreign residents
Tax System
Residence-based taxation; Residents pay on worldwide income
Highest Income Tax Bracket
35% for individuals
VAT
16% (IVA)
Controlled Foreign Company (CFC) Rules
Yes, applicable to 'preferential tax regimes' (REFIPES)
Property Tax
Predial - annual tax (relatively low, based on cadastral value)
Property Transaction Tax
ISAI (Tax on acquisition) ranges from 2% to 5% depending on the state/municipality
Attractive Tax System for Digital Nomads
Generally no special 0% nomad tax, but Mexico has many double taxation treaties

Working and Networking

Best Coworking Space
Publico (Multiple locations in Roma/Juarez) - Approx. $250 USD/month
Social Events for Expats
Foreigners in Mexico City Facebook Group; Internations CDMX events
Best Cafe for Work
Blend Station (Condesa), Cardinal Casa de Café (Roma), Blend Station (Puebla 237)
Networking Events
Friday Digital Nomad Meetups at Selina Rooftop; CreativeMornings Mexico City

Continue exploring Mexico City