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Guide
Monterrey, Mexico π²π½
#2165
,
Nomad Score:
68%
Essentials
ποΈ City | Monterrey is the third-largest city in Mexico, known for its industrial and economic significance. |
π₯ Population | Approximate population is 1.1 million. |
π» Internet Speed | Average internet speed is around 80 Mbps. |
πΈ Currency & Banking | 1 MXN β 0.055 USD, major banks include BBVA, Citibanamex, and Santander. |
π° Tap Water | Not drinkable; it's advisable to buy bottled water. |
π Power | 127V, 60Hz, π Type A/B sockets. |
πΆ SIM Card | Major providers include Telcel, Movistar, and AT&T. |
π³ Banking for Expats | International payment options widely accepted, including Visa, Mastercard. |
π Accommodation | Options include Airbnb, local rentals, and extended stay hotels. Average cost for an apartment in the city center is about $600/month. |
π³ Cashless Friendly | Yes, credit and debit cards accepted widely. |
π Short Term Rentals | Airbnb, Vrbo, and local real estate agencies offer various choices. |
ποΈ Budget Accommodation | Hostel Deja Vu and Hotel 5a Avenida are popular budget options. |
ποΈ Best Area to Stay for Tourists | Centro HistΓ³rico and San Pedro Garza GarcΓa are recommended for tourists. |
ποΈ Best Area to Stay for Digital Nomads | San Pedro Garza GarcΓa and the area around Valle Oriente offer good amenities and coworking spaces. |
Working and Networking
π’ Best Coworking Space | The Foundery offers a vibrant atmosphere with amenities for remote workers. |
β Best Cafe for Work | CafΓ© Tostado is known for its work-friendly environment and good coffee. |
πΌ Networking Events | Events at startups and tech meetups often organized through platforms like Meetup.com. |
π₯ Social Events for Expats | Facebook groups like 'Expats in Monterrey' host regular meetups and events. |
Transportation
π Best Taxi/Ride App | Uber and Didi operate widely across the city. |
π² Bike/Scooter Rental | Services like Lime offer bicycle and scooter rentals in popular areas. |
ποΈ Best Beach Nearby | Closest beach is about 2.5 hours away at Tampico Beach. |
βοΈ Top Regional Airline | VivaAerobus is a popular regional carrier. |
βοΈ Top International Airline | Aeromexico and American Airlines provide international flights from Monterrey. |
π£οΈ Highway Access | Key access roads include the Monterrey-George Bush Intercontinental Highway. |
π Main Train/Transit Hub | EstaciΓ³n de Ferrocarriles de Monterrey is the primary train hub. |
π Public Transport Passes | Metro passes are available for $10 MXN per ride; monthly passes are also offered. |
βοΈ Regional Travel | Buses like ESTRELLA BLANCA, and other companies serve surrounding cities. |
Health and Wellness
π₯ Best Hospital | Hospital San JosΓ© is highly rated for general healthcare. |
π§ Yoga & Wellness Centers | Karma Yoga Monterrey offers classes and workshops. |
ποΈ Gyms & Fitness Centers | Smart Fit and Anytime Fitness are popular gym chains with multiple locations. |
π§Ί Laundry Services | Laundromats like LavanderΓa La Cima offer wash and fold services. |
Food and Drink
π± Best Food Delivery App | Rappi and UberEats are popular food delivery options. |
π½οΈ Best Local Dish to Try | Try 'Cabrito,' a traditional dish made from young goat. |
π± Vegan/Vegetarian Options | Hummus Mediterranean Cuisine is a great option for plant-based diets. |
π« Best Dessert Spots | CafΓ© Agoo serves amazing pastries and desserts. |
π Affordable Shopping Spots | Mercado JuΓ‘rez is famous for inexpensive local goods and food. |
π E-commerce/Online Store | Amazon Mexico offers a wide range of products and fast delivery. |
π Grocery Delivery | Cornershop and Walmart offer grocery delivery services. |
πΈ Bar/Nightlife Area | Barrio Antiguo is known for its vibrant nightlife. |
π» Local Brewery | CervecerΓa de Monterrey operates local and craft beer production. |
π· Wine Bars | Casa de Vino provides a selection of Mexican wines. |
π² Street Food Stalls | Street vendors in Mercado JuΓ‘rez offer delicious local snacks. |
π Popular International Cuisine | Restaurants like Applebee's and Olive Garden are present in Monterrey. |
Culture and Attractions
ποΈ Must-See Landmarks | La Macroplaza and Museo de Historia Mexicana are must-visit sites. |
ποΈ Museums & Art Venues | The Museum of Contemporary Art offers a rich cultural experience. |
π° Historical Sites | Catedral Metropolitana is important for its architecture and history. |
π Religious Sites | BasΓlica de Guadalupe is a major religious site in the city. |
π Annual Events | Feria Internacional del Libro Monterrey takes place in April. |
π¨ Cultural Districts | Barrio Antiguo features historic buildings and art galleries. |
π Theater Venues | Teatro de la Ciudad offers a range of performances and shows. |
ποΈ Local Markets | Mercado JuΓ‘rez is popular for local crafts and food. |
πΌ Music Scene | The city has a thriving music scene with venues like CafΓ© Iguana. |
π¨ Street Art | Street murals are found throughout the city, especially in the downtown area. |
π§βπ³ Cooking Classes | Classico Cooking School offers classes focusing on local cuisine. |
π©βπ¨ Art Galleries | GalerΓa de Arte Moderno showcases works from various artists. |
π°οΈ Historic Buildings | Museo del Acero Horno 3 is a historic steel blast furnace turned cultural center. |
π΄ Local Heritage | Monterrey is known for its strong industrial heritage and historical significance. |
Nature and Outdoor Activities
π Nearby Nature Escapes | The Parque Nacional Cumbres de Monterrey is a nearby natural reserve. |
ποΈ National Parks Nearby | Cumbres de Monterrey National Park is accessible for day trips. |
π² Cycling/Walking Paths | Parque Fundidora has cycling and walking paths to explore. |
π Scenic Viewpoints | The Mirador del Obispado offers breathtaking views of the city. |
π¦ Birdwatching Locations | Laguna de SΓ‘nchez is a nearby location for birdwatching. |
π₯ Bonfire-Friendly Spots | Many areas in Cumbres de Monterrey allow for bonfires with prior permission. |
Other Services and Amenities
π¦ Parcel Delivery Service | DHL, FedEx, and local postal services operate in the city. |
π οΈ Tech Repair Services | Tech Stop offers reliable repair services for devices. |
π Table Tennis Spots | Table Tennis clubs can be found throughout the city, particularly in community centers. |
π§βπ« Language Classes | Instituto de Idiomas Monterrey offers language learning services. |
π Libraries & Study Spots | Biblioteca Universitaria is a great place for study and research. |
ποΈ Community Centers | Centro Cultural Alfa offers various cultural programs and activities. |
πΉοΈ Gaming Lounges | Gaming House is a popular spot for video game enthusiasts. |
π° Casino & Gaming Halls | Casino Monterrey offers gaming and entertainment services. |
Business
π’ Studio Purchase Price (City Center) | Approx. $1,500 per mΒ² (e.g., 40 mΒ² = $60,000) |
π’ Studio Purchase Price (Outside City) | Approx. $1,200 per mΒ² (e.g., 40 mΒ² = $48,000) |
π 1-Bedroom Purchase Price (City Center) | Approx. $1,800 per mΒ² (e.g., 60 mΒ² = $108,000) |
π 1-Bedroom Purchase Price (Outside City) | Approx. $1,500 per mΒ² (e.g., 60 mΒ² = $90,000) |
π‘ 2-Bedroom Purchase Price (City Center) | Approx. $2,000 per mΒ² (e.g., 80 mΒ² = $160,000) |
π‘ 2-Bedroom Purchase Price (Outside City) | Approx. $1,800 per mΒ² (e.g., 80 mΒ² = $144,000) |
πΌ Corporate Tax | 30% |
π΅ Dividend Withholding Tax | 10% |
π¦ Tax System | Resident individuals are taxed on worldwide income. |
π Highest Income Tax Bracket | 35% |
π§Ύ VAT | 16% |
π Controlled Foreign Company (CFC) Rules | Yes, there are CFC regulations applicable. |
π Property Tax | Yes, based on assessed value. |
π Property Transaction Tax | 2% standard rate in Nuevo LeΓ³n. |
π» Attractive Tax System for Digital Nomads | No special tax benefits specifically for digital nomads, but living costs are lower. |