Mexico City, Mexico 🇲🇽
Nomad Score:
73%
Essentials
| 🏙️ City | Mexico City, the capital of Mexico, is a vibrant metropolis known for its rich history, culture, and as a hub for digital nomads. |
| 👥 Population | approximately 9 million in the city proper, around 21 million in the metropolitan area. |
| 💻 Internet Speed | Average internet speed is around 50-70 Mbps, with many coworking spaces offering higher speeds. |
| 💸 Currency & Banking | 1 USD ≈ 20 MXN. ATMs are widely available, and major credit cards are commonly accepted. |
| 🚰 Tap Water | Tap water is not drinkable; bottled water is recommended. |
| 🔌 Power | Electricity is 127V, 60Hz, with Type A and B sockets. |
| 📶 SIM Card | Major mobile providers include Telcel, Movistar, and AT&T, offering various prepaid plans. |
| 💳 Banking for Expats | Expat-friendly banks include HSBC, Citibanamex, and BBVA, with options for English-speaking services. |
| 🛌 Accommodation | Options include Airbnb, Spotahome, and local rentals. Popular neighborhoods are Condesa, Roma, and Polanco. |
| 💳 Cashless Friendly | Yes, cashless payments are widely accepted, especially in urban areas. |
| 🏠 Short Term Rentals | Platforms like Airbnb, Vrbo, and local listings on Facebook groups are popular. |
| 🛏️ Budget Accommodation | Hostels such as Selina and Hostel Home offer budget-friendly lodging options. |
Working and Networking
| 🏢 Best Coworking Space | WeWork in Polanco and Workos in Roma are highly rated for their amenities and atmosphere. |
| ☕ Best Cafe for Work | Cafebrería El Péndulo in Condesa is a popular choice with a cozy atmosphere and excellent coffee. |
| 💼 Networking Events | Meetup.com and Eventbrite host regular events, including Tech and Digital Nomad meetups. |
| 🥂 Social Events for Expats | Facebook groups like 'Expats in Mexico City' host social gatherings and networking events. |
Transportation
| 🚕 Best Taxi/Ride App | Uber and Didi are popular ride-sharing options for convenient transportation. |
| 🚲 Bike/Scooter Rental | Ecobici is a bike-sharing program with stations throughout the city. |
| 🏖️ Best Beach Nearby | Acapulco beach is approximately 4 hours away by car or bus. |
| ✈️ Top Regional Airline | Viva Aerobus is a primary low-cost carrier for regional travel. |
| ✈️ Top International Airline | Aeroméxico is the main carrier offering extensive international flights. |
| 🛣️ Highway Access | Key highways include the Mexico-Puebla and Mexico-Querétaro roads. |
| 🚉 Main Train/Transit Hub | The main transit hub is Pantitlan Metro Station, connecting multiple metro lines. |
| 🚍 Public Transport Passes | Monthly passes for the Metro cost around 250 MXN, making travel economical. |
| ✈️ Regional Travel | Bus services such as ADO and Primera Plus connect to nearby cities like Puebla and Querétaro. |
Health and Wellness
| 🏥 Best Hospital | Hospital Angeles is a well-known private hospital with a good reputation. |
| 🧘 Yoga & Wellness Centers | Centro de Yoga Integral offers various yoga classes and wellness programs. |
| 🏋️ Gyms & Fitness Centers | Basic-Fit and Sport City provide various fitness options in the city. |
| 🧺 Laundry Services | Lava y Plana offers convenient laundry services in various neighborhoods. |
Food and Drink
| 📱 Best Food Delivery App | Rappi and UberEats are the most popular food delivery services. |
| 🍽️ Best Local Dish to Try | Tacos al pastor is a must-try street food iconic to Mexico City. |
| 🍱 Vegan/Vegetarian Options | Restaurants like Verde y Miel and Pan Comido focus on plant-based menus. |
| 🍫 Best Dessert Spots | Churrería El Moro in Centro Histórico is famous for churros and hot chocolate. |
| 🛒 Affordable Shopping Spots | Mercado de San Juan offers budget-friendly local produce and street food. |
| 🛒 E-commerce/Online Store | Amazon Mexico and MercadoLibre are the leading online shopping platforms. |
| 🛒 Grocery Delivery | Apps like Cornershop enable grocery delivery from supermarkets. |
| 🍸 Bar/Nightlife Area | La Condesa and Roma Norte are popular districts for nightlife and bars. |
| 🍻 Local Brewery | Cervecería de Barrio offers local craft beers and brewery tours. |
| 🍷 Wine Bars | Vinito in Roma is a local favorite for a great selection of wines. |
| 🍲 Street Food Stalls | Street vendors throughout the city offer local delicacies, especially in markets. |
| 🍕 Popular International Cuisine | Lalo! offers a diverse menu that includes international options and fusion dishes. |
Culture and Attractions
| 🎟️ Must-See Landmarks | Historic sites such as the Zócalo, Chapultepec Castle, and the National Palace. |
| 🏛️ Museums & Art Venues | Museo Frida Kahlo and Museo Nacional de Antropología are top attractions. |
| 🏰 Historical Sites | Teotihuacan, located nearby, is a major archaeological site worth visiting. |
| 🕍 Religious Sites | Mexico City's Metropolitan Cathedral is a stunning example of colonial architecture. |
| 🎉 Annual Events | The Day of the Dead celebration in November is a highly cultural event. |
| 🎨 Cultural Districts | Coyoacán and San Ángel are known for their artistic culture and bohemian vibes. |
| 🎭 Theater Venues | Teatro de La Ciudad offers performances ranging from theater to concerts. |
| 🛍️ Local Markets | Mercado de Coyoacán is a vibrant market with local crafts and food. |
| 🎼 Music Scene | Auditorio Nacional hosts many international and local music events. |
| 🎨 Street Art | La Roma and Condesa neighborhoods showcase incredible street art and murals. |
| 🧑🍳 Cooking Classes | Casa Jacaranda offers cooking workshops focused on traditional Mexican cuisine. |
| 👩🎨 Art Galleries | Galería OMR features contemporary art and exhibitions from national and international artists. |
| 🕰️ Historic Buildings | Palacio de Bellas Artes is an iconic building known for its architecture and performances. |
| 🏴 Local Heritage | The traditional markets and festivals reflect Mexico's rich heritage and culture. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | Desierto de los Leones National Park offers hiking opportunities just outside the city. |
| 🏞️ National Parks Nearby | Ajusco is a popular destination for hiking and picnicking. |
| 🚲 Cycling/Walking Paths | Chapultepec Park has extensive paths for cycling and walking. |
| 🌄 Scenic Viewpoints | Mirador de la Torre Latinoamericana offers stunning views of the city skyline. |
| 🦉 Birdwatching Locations | Bosque de Chapultepec is a great spot for birdwatching. |
| 🔥 Bonfire-Friendly Spots | Parks such as Parque de los Venados have designated areas for bonfires. |
Other Services and Amenities
| 📦 Parcel Delivery Service | FedEx and DHL provide reliable mail and parcel services. |
| 🛠️ Tech Repair Services | Stores like iRepair offer tech repair services across multiple locations. |
| 🏓 Table Tennis Spots | Table tennis can be found at many public parks and gyms. |
| 🧑🏫 Language Classes | Language schools like Spanish School Mexico provide immersive classes. |
| 📚 Libraries & Study Spots | Biblioteca Vasconcelos offers quiet study areas and a vast collection of resources. |
| 🏘️ Community Centers | Casa de la Cultura provides workshops and cultural events for all ages. |
| 🕹️ Gaming Lounges | Ludus in Roma Norte is a popular gaming lounge with various consoles and boards. |
| 🎰 Casino & Gaming Halls | Casino Life Mexico is one of the largest casinos in the city with various gaming options. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. $3,500 per m² (e.g., 40 m² = $140,000) in neighborhoods like Condesa. |
| 🏢 Studio Purchase Price (Outside City) | Approx. $2,800 per m² (e.g., 40 m² = $112,000) in suburban areas like Cuajimalpa. |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. $3,200 per m² (e.g., 60 m² = $192,000) in areas such as Roma. |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. $2,500 per m² (e.g., 60 m² = $150,000) in places like Naucalpan. |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. $3,000 per m² (e.g., 80 m² = $240,000) in popular areas like Polanco. |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. $2,300 per m² (e.g., 80 m² = $184,000) in suburban neighborhoods. |
| 💼 Corporate Tax | The corporate tax rate is 30%. |
| 💵 Dividend Withholding Tax | Dividend withholding tax rate is generally 10%. |
| 🏦 Tax System | Mexico's tax system is based on worldwide income for tax residents. |
| 📈 Highest Income Tax Bracket | The maximum personal income tax rate is 35%. |
| 🧾 VAT | The standard Value Added Tax (IVA) rate is 16%. |
| 🌐 Controlled Foreign Company (CFC) Rules | Yes, Mexico has CFC regulations to mitigate base erosion. |
| 🏠 Property Tax | Property tax varies by municipality but averages around 0.1% of assessed value. |
| 🏠 Property Transaction Tax | Property transaction tax typically ranges from 2% to 3%. |