GetStake Logo
GetStake allows you to invest in fractional real estate in Dubai's premium properties, with investments starting from just $500.

Fractional property investing.

Affiliate disclosure

San Miguel de Allende, Mexico πŸ‡²πŸ‡½

#157 ,
Nomad Score: 69%

Essentials

πŸ™οΈ City San Miguel de Allende is a picturesque town in central Mexico known for its well-preserved colonial architecture and vibrant arts scene.
πŸ‘₯ Population Approximately 150,000 residents.
πŸ’» Internet Speed Average download speed is 25 Mbps, with fiber optic options available in many areas.
πŸ’Έ Currency & Banking 1 USD β‰ˆ 18.50 MXN. Major banks include BBVA, HSBC, and Citibanamex.
🚰 Tap Water Not drinkable without filtration; bottled water is widely available.
πŸ”Œ Power 127V, 60Hz, πŸ”Œ Type A/B sockets.
πŸ“Ά SIM Card Major providers include Telcel, AT&T, and Movistar with prepaid options available.
πŸ’³ Banking for Expats International debit/credit cards widely accepted; services like Revolut also popular.
πŸ›Œ Accommodation Options range from upscale hotels to mid-range Airbnbs, frequently found throughout the city.
πŸ’³ Cashless Friendly Yes, major credit cards are accepted at most establishments.
🏠 Short Term Rentals Platforms like Airbnb and Vrbo are popular for short stays.
πŸ›οΈ Budget Accommodation Affordable hostels include Hostal La Casona and Casa Mia.
πŸ™οΈ Best Area to Stay for Tourists Centro HistΓ³rico is popular for tourists due to its vibrant atmosphere.
πŸ™οΈ Best Area to Stay for Digital Nomads The colonia San Antonio district offers quieter streets and many coworking spaces.

Working and Networking

🏒 Best Coworking Space The Rooftop Coworking offers a great atmosphere and reliable internet.
β˜• Best Cafe for Work CafΓ© de la Plaza is known for its good coffee and reliable Wi-Fi.
πŸ’Ό Networking Events Events hosted by San Miguel Expats are good for networking and meeting locals.
πŸ₯‚ Social Events for Expats Meetups and social events often organized through Facebook groups and local community boards.

Transportation

πŸš• Best Taxi/Ride App Uber operates here, providing a safe and easy way to get around.
🚲 Bike/Scooter Rental Bike rentals are available at local shops such as Bici San Miguel.
πŸ–οΈ Best Beach Nearby The nearest beach (San Felipe) is about a 4-hour drive away.
✈️ Top Regional Airline Aeromexico operates flights from nearby Querétaro airport.
✈️ Top International Airline United and American Airlines offer flights from larger cities like León.
πŸ›£οΈ Highway Access Major highways include Mexico 57 and Mexico 90, connecting to cities like LeΓ³n and QuerΓ©taro.
πŸš‰ Main Train/Transit Hub There's no train service; major bus stations include Terminal de Autobuses de San Miguel.
🚍 Public Transport Passes Public transit mostly relies on local buses; no formal passes available.
✈️ Regional Travel Buses available to nearby cities like Querétaro, León, and Guanajuato.

Health and Wellness

πŸ₯ Best Hospital Hospital San Miguel is known for its reliable emergency and general care services.
🧘 Yoga & Wellness Centers Yoga San Miguel offers various classes and wellness workshops.
πŸ‹οΈ Gyms & Fitness Centers Fitness centers like Club Deportivo are popular among locals and expats.
🧺 Laundry Services Lavandería La Moderna offers affordable wash and fold services.

Food and Drink

πŸ“± Best Food Delivery App Rappi and UberEats are commonly used for food delivery in the city.
🍽️ Best Local Dish to Try Don't miss out on Enchiladas Mineras, a local traditional dish.
🍱 Vegan/Vegetarian Options Café de la Plaza offers a variety of vegan and vegetarian meals.
🍫 Best Dessert Spots Dulce Patria is famous for its delicious desserts and pastries.
πŸ›’ Affordable Shopping Spots Mercado Ignacio RamΓ­rez, or the 'Mercado de ArtesanΓ­as,' offers great local food at low prices.
πŸ›’ E-commerce/Online Store Amazon Mexico delivers to San Miguel, offering a variety of goods.
πŸ›’ Grocery Delivery Superama offers a delivery service for groceries.
🍸 Bar/Nightlife Area The bars near El Jardín are lively and popular for nightlife.
🍻 Local Brewery Cervecería de Colima is known for producing local craft beers.
🍷 Wine Bars Bodega De La Calle offers local wines and a cozy atmosphere.
🍲 Street Food Stalls Tacos at Tacos Don Felix are a must-try for street food lovers.
πŸ• Popular International Cuisine The Rooftop serves various international dishes with great views.

Culture and Attractions

🎟️ Must-See Landmarks Parroquia de San Miguel ArcÑngel is the iconic landmark of the city.
πŸ›οΈ Museums & Art Venues The Museo HistΓ³rico is an excellent place for history lovers.
🏰 Historical Sites The Bellas Artes building offers insights into the city's artistic heritage.
πŸ• Religious Sites The Oratorio de San Felipe Neri is a must-visit for architecture and history.
πŸŽ‰ Annual Events The San Miguel International Festival is held annually in November.
🎨 Cultural Districts Centro Histórico is the heart of the city's culture and activity.
🎭 Theater Venues The Teatro Angela Peralta hosts various cultural performances.
πŸ›οΈ Local Markets Mercado de San Miguel is a vibrant market with local crafts and food.
🎼 Music Scene Various live music venues like La Posada de las Monjas host regular events.
🎨 Street Art San Miguel is known for its impressive mural art across many neighborhoods.
πŸ§‘β€πŸ³ Cooking Classes Culinary Institute of San Miguel offers cooking classes for various cuisines.
πŸ‘©β€πŸŽ¨ Art Galleries Instituto Allende hosts numerous art exhibitions and workshops.
πŸ•°οΈ Historic Buildings Casa de la Comunidad is a significant historical building to visit.
🏴 Local Heritage San Miguel de Allende is a UNESCO World Heritage Site known for its baroque architecture.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes CaΓ±ada de la Virgen, a nearby archaeological site, offers beautiful trails.
🏞️ National Parks Nearby El Jardín de la Vida is a popular local park ideal for relaxation.
🚲 Cycling/Walking Paths The streets around Parque JuÑrez offer lovely walking paths.
πŸŒ„ Scenic Viewpoints The viewpoint at El Mirador offers stunning views of the city.
πŸ¦‰ Birdwatching Locations Nearby Bofecillos is great for birdwatching enthusiasts.
πŸ”₯ Bonfire-Friendly Spots There are designated areas for bonfires in the countryside surrounding the city.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DHL and Estafeta provide reliable parcel delivery services.
πŸ› οΈ Tech Repair Services Local shops like San Miguel Electronics offer tech repairs.
πŸ“ Table Tennis Spots The Community Center has facilities for table tennis.
πŸ§‘β€πŸ« Language Classes Instituto de Lengua offers Spanish language classes tailored for expats.
πŸ“š Libraries & Study Spots The Biblioteca PΓΊblica has a range of resources for study and reading.
🏘️ Community Centers Centro Cultural offers various classes and community events.
πŸ•ΉοΈ Gaming Lounges Esports arenas like Mega Party are available for gaming enthusiasts.
🎰 Casino & Gaming Halls There are no casinos in San Miguel, but many people enjoy local gaming nights.

Business

🏒 Studio Purchase Price (City Center) Approx. $2,400 per m² (e.g., 40 m² = $96,000)
🏒 Studio Purchase Price (Outside City) Approx. $1,800 per m² (e.g., 40 m² = $72,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $2,200 per m² (e.g., 60 m² = $132,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $1,700 per m² (e.g., 60 m² = $102,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. $2,000 per m² (e.g., 80 m² = $160,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. $1,600 per m² (e.g., 80 m² = $128,000)
πŸ’Ό Corporate Tax 30% standard corporate tax rate.
πŸ’΅ Dividend Withholding Tax 10% withholding tax on dividend distributions.
🏦 Tax System Residents are taxed on global income.
πŸ“ˆ Highest Income Tax Bracket 35% maximum personal income tax rate.
🧾 VAT 16% standard Value Added Tax rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, CFC rules apply to foreign subsidiaries.
🏠 Property Tax Annual property tax is based on local property value.
🏠 Property Transaction Tax A 2% tax is applied during property purchases.
πŸ’» Attractive Tax System for Digital Nomads There are no capital gains taxes for foreigners selling real estate.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.

  • Navigate
  • Tools