Nomad Score: 61%

Essentials

πŸ™οΈ City Cagayan de Oro is a city located in Northern Mindanao, known as the 'City of Golden Friendship'.
πŸ‘₯ Population Approximately 600,000 residents.
πŸ’» Internet Speed Average speed is around 24 Mbps.
πŸ’Έ Currency & Banking 1 PHP β‰ˆ 0.018 USD, with numerous banks available including BPI, Metrobank, and Unionbank.
🚰 Tap Water Generally safe to drink, but purchasing bottled water is recommended.
πŸ”Œ Power 220V, 60Hz, with Type A and B sockets.
πŸ“Ά SIM Card Globe Telecom and Smart Communications are the main providers.
πŸ’³ Banking for Expats Popular banks include Citibank and HSBC; cash is still widely used.
πŸ›Œ Accommodation Options include local guesthouses, Airbnb rentals, and hotels like Seda Centrio.
πŸ’³ Cashless Friendly Limited cashless payment options; mostly cash accepted in markets and small vendors.
🏠 Short Term Rentals Airbnb and local rental websites are popular for short term stays.
πŸ›οΈ Budget Accommodation Hostel options like The Urban Pod and cheap local inns are available.

Working and Networking

🏒 Best Coworking Space Hatch coworking space, located at Limketkai Center.
β˜• Best Cafe for Work Coffee Haven, known for its fast Wi-Fi and quiet atmosphere.
πŸ’Ό Networking Events Regular meetups at the Cagayan de Oro Chamber of Commerce.
πŸ₯‚ Social Events for Expats Facebook groups such as 'Cagayan de Oro Expats' organize various social gatherings.

Transportation

πŸš• Best Taxi/Ride App Grab is the most popular app for ride-hailing.
🚲 Bike/Scooter Rental Scooter rentals are available at several local shops and online platforms.
πŸ–οΈ Best Beach Nearby The nearest beach is in Opol, about 30 minutes away by car.
✈️ Top Regional Airline Philippine Airlines operates domestic routes from Laguindingan Airport.
✈️ Top International Airline Cebu Pacific offers international routes from Cagayan de Oro.
πŸ›£οΈ Highway Access Accessible via the Cagayan de Oro-Iligan Highway and other major roads.
πŸš‰ Main Train/Transit Hub There is no main train station; buses are the primary public transport.
🚍 Public Transport Passes No formal public transport passes; fares are typically low for buses and jeepneys.
✈️ Regional Travel Buses operate to nearby cities such as Bukidnon and Iligan.

Health and Wellness

πŸ₯ Best Hospital Cagayan de Oro Medical Center is a major private hospital.
🧘 Yoga & Wellness Centers Yoga in the City offers classes for various skill levels.
πŸ‹οΈ Gyms & Fitness Centers Fitness First and Anytime Fitness have multiple locations.
🧺 Laundry Services Affordable laundromats like Laundry Hub can be found around the city.

Food and Drink

πŸ“± Best Food Delivery App FoodPanda operates in the city for food delivery.
🍽️ Best Local Dish to Try Chickens inasal is a local favorite dish.
🍱 Vegan/Vegetarian Options The Vegan Table offers various plant-based dishes.
🍫 Best Dessert Spots Biskwit Cafe is known for its tasty desserts and pastries.
πŸ›’ Affordable Shopping Spots Cogon Market offers a variety of fresh produce and street food.
πŸ›’ E-commerce/Online Store Lazada and Shopee have a strong presence in the region.
πŸ›’ Grocery Delivery Groceries can be ordered via the Lazada app.
🍸 Bar/Nightlife Area The nightlife district around Divisoria offers various bars and clubs.
🍻 Local Brewery Cagayan de Oro's craft beer scene is growing, with breweries like Minaiya Craft Brewery.
🍷 Wine Bars The Wine Bar at Centrio Mall provides a great selection.
🍲 Street Food Stalls Street vendors around the city serve local delicacies like Balut and Taho.
πŸ• Popular International Cuisine Pizza Republic serves popular pizza and pasta options.

Culture and Attractions

🎟️ Must-See Landmarks Macahambus Cave and the Cagayan de Oro River are must-visit spots.
πŸ›οΈ Museums & Art Venues Cagayan de Oro Museum showcases local history.
🏰 Historical Sites The 1883 Apostolic Church is an important historical site.
πŸ• Religious Sites St. Augustine Metropolitan Cathedral is notable for its architecture.
πŸŽ‰ Annual Events The Higalaay Festival in August celebrates the city’s patron saint.
🎨 Cultural Districts The Divisoria area is known for its local culture and craft markets.
🎭 Theater Venues The Limketkai Theatre hosts various performances.
πŸ›οΈ Local Markets Cogon Market and Pueblo de Oro Market offer a vibrant shopping experience.
🎼 Music Scene Live music can be found at venues like The Lounge at Grand Caprice.
🎨 Street Art Street art can be seen in the old city areas.
πŸ§‘β€πŸ³ Cooking Classes Little Miss Muffin offers cooking classes focused on local cuisine.
πŸ‘©β€πŸŽ¨ Art Galleries The Xavier University Museum features local artists' work.
πŸ•°οΈ Historic Buildings The Old Cagayan de Oro City Hall is an architectural landmark.
🏴 Local Heritage The city’s heritage is celebrated through various public festivals.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes The Bukidnon highlands are a short trip away for hiking and nature.
🏞️ National Parks Nearby Mount Kitanglad National Park is accessible and famous for its trails.
🚲 Cycling/Walking Paths The Cagayan de Oro River Trail is popular for outdoor activities.
πŸŒ„ Scenic Viewpoints Among the best viewpoints is the Macahambus Cave Park.
πŸ¦‰ Birdwatching Locations The nearby forest areas offer great spots for birdwatching.
πŸ”₯ Bonfire-Friendly Spots Public beaches in Opol allow bonfires in designated areas.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service JRS Express provides reliable parcel delivery services.
πŸ› οΈ Tech Repair Services Local shops in Limketkai complex offer electronics repair.
πŸ“ Table Tennis Spots Community centers often have table tennis tables available.
πŸ§‘β€πŸ« Language Classes Global English School offers language classes for foreigners.
πŸ“š Libraries & Study Spots The Cagayan de Oro City Library is a quiet place for study.
🏘️ Community Centers Various barangay centers host cultural and community events.
πŸ•ΉοΈ Gaming Lounges Gaming hubs like the Game Zone cater to video game enthusiasts.
🎰 Casino & Gaming Halls The Xavier Sports Club has gaming facilities for fun and entertainment.

Business

🏒 Studio Purchase Price (City Center) Approx. β‚±50,000 per mΒ² (e.g., 30 mΒ² = β‚±1,500,000)
🏒 Studio Purchase Price (Outside City) Approx. β‚±35,000 per mΒ² (e.g., 30 mΒ² = β‚±1,050,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. β‚±45,000 per mΒ² (e.g., 60 mΒ² = β‚±2,700,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. β‚±30,000 per mΒ² (e.g., 60 mΒ² = β‚±1,800,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. β‚±45,000 per mΒ² (e.g., 80 mΒ² = β‚±3,600,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. β‚±28,000 per mΒ² (e.g., 80 mΒ² = β‚±2,240,000)
πŸ’Ό Corporate Tax 30%
πŸ’΅ Dividend Withholding Tax 15%
🏦 Tax System Philippine tax system is based on residency and territoriality.
πŸ“ˆ Highest Income Tax Bracket 35%
🧾 VAT 12%
🌐 Controlled Foreign Company (CFC) Rules Yes, with specific regulations for taxation of foreign subsidiaries.
🏠 Property Tax Effective tax based on assessed value.
🏠 Property Transaction Tax Average rate is 6% of the purchase price.