Wise Logo
Wise (formerly TransferWise) is a trusted money transfer service used by millions of digital nomads worldwide.

Global transfers for digital nomads.

Affiliate disclosure
#1995 ,
Nomad Score: 60%

Essentials

πŸ™οΈ City Tarapoto is a city located in the San Martin region of Peru, known for its lush landscapes, waterfalls, and biodiversity.
πŸ‘₯ Population Approximately 120,000
πŸ’» Internet Speed Average speed is around 20-30 Mbps
πŸ’Έ Currency & Banking 1 USD β‰ˆ 3.8 PEN (Peruvian Sol); most businesses accept VISA and Mastercard.
🚰 Tap Water Not drinkable; it is recommended to drink bottled water.
πŸ”Œ Power Electrical supply is 220V, 60Hz; Type C and Type A plugs are used.
πŸ“Ά SIM Card Movistar, Claro, and Entel are popular providers; plans start at around 30 PEN.
πŸ’³ Banking for Expats Major credit cards accepted; ATMs are available, but may charge extra fees.
πŸ›Œ Accommodation Options include hotels, hostels, and private rentals via platforms like Airbnb.
πŸ’³ Cashless Friendly Moderately cashless; cards are accepted in many larger establishments.
🏠 Short Term Rentals Airbnb and local rentals available; prices start from 50 PEN per night.
πŸ›οΈ Budget Accommodation Hostel El Gato is a popular budget-friendly option, with prices starting at 25 PEN per night.
πŸ™οΈ Best Area to Stay for Tourists The city center and around Plaza de Armas are popular areas for tourists.
πŸ™οΈ Best Area to Stay for Digital Nomads UrbanizaciΓ³n Santa Rosa offers quiet living and some coworking spaces.

Working and Networking

🏒 Best Coworking Space The Nomad House, providing reliable internet and a collaborative environment.
β˜• Best Cafe for Work Cafe del Jardin, a quiet and cozy place with good coffee and wifi.
πŸ’Ό Networking Events Monthly meetups organized by local expats through Facebook groups.
πŸ₯‚ Social Events for Expats Tarapoto Expats Facebook Group hosts regular meetups and social events.

Transportation

πŸš• Best Taxi/Ride App Uber is available; local taxis are also widely used.
🚲 Bike/Scooter Rental Bikes and scooters can be rented at several local shops around the city.
πŸ–οΈ Best Beach Nearby Mancora Beach is about 4 hours away by car.
✈️ Top Regional Airline LATAM Airlines operates regular flights to and from Tarapoto.
✈️ Top International Airline Avianca offers international flights from Tarapoto.
πŸ›£οΈ Highway Access The city is connected by highway PE-5N, providing access to major cities.
πŸš‰ Main Train/Transit Hub There are no trains; buses are the main form of intercity transport.
🚍 Public Transport Passes No formal transit pass system; local minibusses operate at low fares for short distances.
✈️ Regional Travel Buses to nearby cities like Juanjuí and Moyobamba are inexpensive and frequent.

Health and Wellness

πŸ₯ Best Hospital Hospital II Tarapoto, offers a range of medical services.
🧘 Yoga & Wellness Centers Yoga en la Selva, offering classes and wellness programs.
πŸ‹οΈ Gyms & Fitness Centers Fitness World, a well-equipped gym with various classes.
🧺 Laundry Services Lavandería Express offers quick laundry services at affordable rates.

Food and Drink

πŸ“± Best Food Delivery App PlatoTipico is a widely used food delivery service.
🍽️ Best Local Dish to Try Juane, a traditional dish made with rice and chicken wrapped in banana leaves.
🍱 Vegan/Vegetarian Options Vegan Cafe in Tarapoto offers a range of plant-based dishes.
🍫 Best Dessert Spots Heladeria Titi serves delicious local ice creams and desserts.
πŸ›’ Affordable Shopping Spots The central market provides fresh produce and local goods at low prices.
πŸ›’ E-commerce/Online Store Local businesses also offer online shopping through social media platforms.
πŸ›’ Grocery Delivery Some local supermarkets offer delivery services through WhatsApp.
🍸 Bar/Nightlife Area Barrio Bajo is the main nightlife area with several bars and clubs.
🍻 Local Brewery Cerveza Tarapoto is a local brewery known for its craft beers.
🍷 Wine Bars Vino y Mas offers a selection of local and international wines.
🍲 Street Food Stalls El Mercado, a popular spot for street food, especially at night.
πŸ• Popular International Cuisine Restaurante El Chalan offers a variety of Peruvian and international dishes.

Culture and Attractions

🎟️ Must-See Landmarks Tarapoto's Plaza de Armas and the nearby waterfalls are essential stops.
πŸ›οΈ Museums & Art Venues Museo Regional de Tarapoto showcases local history and culture.
🏰 Historical Sites The ruins of the ancient city of Yarinacocha are located nearby.
πŸ• Religious Sites Iglesia Santa Rosa is a beautiful colonial church worth visiting.
πŸŽ‰ Annual Events Festivals like the Festival de San Juan in June attract many visitors.
🎨 Cultural Districts Quistococha hosts arts and culture events year-round.
🎭 Theater Venues Teatro Municipal offers various performances and events.
πŸ›οΈ Local Markets Tarapoto's Mercado 2 de Mayo is very famous for local produce.
🎼 Music Scene Various bars host live music events, particularly cumbia and salsa.
🎨 Street Art Nearby murals can be found dotted throughout the city downtown.
πŸ§‘β€πŸ³ Cooking Classes Cooking workshops focusing on local cuisine are available at Mercado Central.
πŸ‘©β€πŸŽ¨ Art Galleries Gallery Arte en Tarapoto showcases the art of local artists.
πŸ•°οΈ Historic Buildings Casa de la Cultura features colonial architecture and exhibitions.
🏴 Local Heritage The region's indigenous cultures contribute significantly to Tarapoto's identity.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes The Ahuashiyacu Waterfall is a popular day trip destination.
🏞️ National Parks Nearby The Cordillera Azul National Park is a biodiversity hotspot.
🚲 Cycling/Walking Paths The pathways near the Huallaga River are suitable for walking and cycling.
πŸŒ„ Scenic Viewpoints Mirador Cerro Escalera offers stunning views over the valley.
πŸ¦‰ Birdwatching Locations The nearby rainforest areas are excellent for observing diverse bird species.
πŸ”₯ Bonfire-Friendly Spots Designated picnic areas at Ahuashiyacu Waterfall allow bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service Services like DHL and local couriers operate in Tarapoto.
πŸ› οΈ Tech Repair Services Local shops provide affordable tech repair services.
πŸ“ Table Tennis Spots Table tennis can be played at the local community center.
πŸ§‘β€πŸ« Language Classes Instituto de Lenguas offers Spanish classes for expats and travelers.
πŸ“š Libraries & Study Spots Biblioteca Municipal de Tarapoto is a quiet place for reading and studying.
🏘️ Community Centers Centro Cultural Tarapoto hosts various cultural events and gatherings.
πŸ•ΉοΈ Gaming Lounges Arcades can be found in malls such as Plaza Vea.
🎰 Casino & Gaming Halls Casino Tarapoto is the local option for gaming and nightlife.

Business

🏒 Studio Purchase Price (City Center) Approx. $1,000 per m² (e.g., 40 m² = $40,000)
🏒 Studio Purchase Price (Outside City) Approx. $800 per m² (e.g., 40 m² = $32,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,200 per m² (e.g., 60 m² = $72,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $900 per m² (e.g., 60 m² = $54,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. $1,100 per m² (e.g., 80 m² = $88,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. $850 per m² (e.g., 80 m² = $68,000)
πŸ’Ό Corporate Tax Tax rate of 29.5% in Peru.
πŸ’΅ Dividend Withholding Tax Withholding tax on dividends is 5%.
🏦 Tax System Peruvian residents are taxed on their worldwide income.
πŸ“ˆ Highest Income Tax Bracket Maximum personal income tax rate is 30%.
🧾 VAT Value Added Tax is 18% in Peru.
🌐 Controlled Foreign Company (CFC) Rules Yes, Peru has CFC rules affecting foreign subsidiaries.
🏠 Property Tax Annual property taxes are based on the property's registered value.
🏠 Property Transaction Tax Approx. 3% on property transfers.
πŸ’» Attractive Tax System for Digital Nomads Foreign income is not taxed if sourced outside Peru, beneficial for digital nomads.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.

  • Navigate
  • Tools