Makati, Philippines ๐ต๐ญ
Nomad Score:
65%
Essentials
๐๏ธ City | Makati is a highly urbanized city in the Philippines, known for being a financial hub with numerous skyscrapers and shopping malls. |
๐ฅ Population | around 600,000 |
๐ป Internet Speed | average speed of 25-50 Mbps |
๐ธ Currency & Banking | 1 PHP โ 0.018 USD, local banks include BDO, BPI, Metrobank |
๐ฐ Tap Water | Generally not drinkable; bottled water is recommended. |
๐ Power | 220V, 60Hz, ๐ Type A, B, and C sockets |
๐ถ SIM Card | Globe and Smart are the most popular providers. |
๐ณ Banking for Expats | Online banks like PayMaya, GCash are widely used; physical banks are also available. |
๐ Accommodation | Options include serviced apartments, Airbnb, and hotels ranging from budget to luxury. |
๐ณ Cashless Friendly | Yes, cashless payments are widely accepted through credit/debit cards and e-wallets. |
๐ Short Term Rentals | Airbnb and local property management companies are available for short stays. |
๐๏ธ Budget Accommodation | Hostels like The Fort Hostel offer affordable lodging options. |
Working and Networking
๐ข Best Coworking Space | KMC Solutions and WeWork are popular choices for coworking in Makati. |
โ Best Cafe for Work | The Curator Coffee and Cocktails provides a cozy atmosphere for working. |
๐ผ Networking Events | Event venues like The Hive collaborate with local groups for regular meetups. |
๐ฅ Social Events for Expats | The Makati Expat Group on Facebook hosts various gatherings and social events. |
Transportation
๐ Best Taxi/Ride App | Grab is the leading ride-hailing app in Makati. |
๐ฒ Bike/Scooter Rental | Lalamove and Angkas offer motorbike rentals and rides. |
๐๏ธ Best Beach Nearby | The nearest beach is around 2-3 hours away, such as in Batangas. |
โ๏ธ Top Regional Airline | Cebu Pacific and Philippine Airlines cover domestic flights. |
โ๏ธ Top International Airline | Philippine Airlines, Cathay Pacific, Emirates are some major carriers. |
๐ฃ๏ธ Highway Access | Makati is connected via major expressways: SLEX (South Luzon Expressway) and EDSA. |
๐ Main Train/Transit Hub | Ayala MRT Station services the mass transit needs of commuters. |
๐ Public Transport Passes | MRT and bus cards are available for ease of travel. |
โ๏ธ Regional Travel | Buses and vans provide transportation to nearby provinces. |
Health and Wellness
๐ฅ Best Hospital | Makati Medical Center is a well-regarded facility for healthcare. |
๐ง Yoga & Wellness Centers | YogaPlus and Beyond Yoga offer various classes for those interested. |
๐๏ธ Gyms & Fitness Centers | Gold's Gym and Anytime Fitness have locations in Makati. |
๐งบ Laundry Services | Self-service laundromats like Speed Queen are available throughout the city. |
Food and Drink
๐ฑ Best Food Delivery App | Foodpanda and GrabFood are popular for delivery services. |
๐ฝ๏ธ Best Local Dish to Try | Adobo and Sinigang are must-try Filipino dishes. |
๐ฑ Vegan/Vegetarian Options | Green Bar offers a range of plant-based meals. |
๐ซ Best Dessert Spots | M Bakery is famous for its delicious pastries. |
๐ Affordable Shopping Spots | Power Plant Mall hosts a variety of affordable food options. |
๐ E-commerce/Online Store | Lazada and Shopee are leading online marketplaces. |
๐ Grocery Delivery | MetroMart and Puregold offer grocery delivery services. |
๐ธ Bar/Nightlife Area | Poblacion is the lively neighborhood for nightlife. |
๐ป Local Brewery | Katipunan Craft Ales provides locally brewed beers. |
๐ท Wine Bars | The Wine Depot offers a good selection of wines to try. |
๐ฒ Street Food Stalls | Mercato Centrale is known for its street food scene. |
๐ Popular International Cuisine | Sushi Nori offers various sushi options in the area. |
Culture and Attractions
๐๏ธ Must-See Landmarks | Ayala Triangle Gardens is a green space amidst skyscrapers. |
๐๏ธ Museums & Art Venues | Ayala Museum showcases Filipino culture and history. |
๐ฐ Historical Sites | Fort Santiago in nearby Intramuros is a significant historical site. |
๐ Religious Sites | The Greenbelt Chapel is a notable place of worship. |
๐ Annual Events | Makati hosts the Makati Street Meet, a celebration of culture and community. |
๐จ Cultural Districts | Poblacion is an emerging cultural district known for its art and food scene. |
๐ญ Theater Venues | Carlos P. Romulo Theater holds various performances and events. |
๐๏ธ Local Markets | Legazpi Sunday Market offers local produce and crafts. |
๐ผ Music Scene | The Here and There is a popular venue for live music events. |
๐จ Street Art | Makati is known for its vibrant street art, especially in Poblacion. |
๐งโ๐ณ Cooking Classes | The Cookery Place offers cooking classes for Filipino cuisine. |
๐ฉโ๐จ Art Galleries | Gallery 5 showcases works from local artists. |
๐ฐ๏ธ Historic Buildings | The Makati City Hall features a unique architectural design. |
๐ด Local Heritage | Makati is known for its blend of modernity and traditional Filipino heritage. |
Nature and Outdoor Activities
๐ Nearby Nature Escapes | Greenbelt Park offers a serene escape in the city. |
๐๏ธ National Parks Nearby | La Mesa Nature Reserve is a great outdoor option. |
๐ฒ Cycling/Walking Paths | The Makati CBD has pedestrian-friendly walkways. |
๐ Scenic Viewpoints | The view from Ayala Triangle is picturesque, especially at dusk. |
๐ฆ Birdwatching Locations | The Ninoy Aquino Parks and Wildlife Center offers birdwatching opportunities. |
๐ฅ Bonfire-Friendly Spots | Bonifacio High Street has designated areas for public gatherings. |
Other Services and Amenities
๐ฆ Parcel Delivery Service | LBC and JRS Express are reliable delivery services. |
๐ ๏ธ Tech Repair Services | iFix offers gadget repair services in Makati. |
๐ Table Tennis Spots | Makati Sports Club has facilities for table tennis. |
๐งโ๐ซ Language Classes | Instituto Cervantes offers Spanish language classes. |
๐ Libraries & Study Spots | The Makati Library provides a quiet space for reading. |
๐๏ธ Community Centers | The Makati Sports Club is a hub for various activities. |
๐น๏ธ Gaming Lounges | The Gaming Zone is a popular spot for gamers. |
๐ฐ Casino & Gaming Halls | The City of Dreams Manila features a casino within a short ride from Makati. |
Business
๐ข Studio Purchase Price (City Center) | Approx. โฑ140,000 per mยฒ (e.g., 30 mยฒ = โฑ4,200,000) |
๐ข Studio Purchase Price (Outside City) | Approx. โฑ100,000 per mยฒ (e.g., 30 mยฒ = โฑ3,000,000) |
๐ 1-Bedroom Purchase Price (City Center) | Approx. โฑ150,000 per mยฒ (e.g., 60 mยฒ = โฑ9,000,000) |
๐ 1-Bedroom Purchase Price (Outside City) | Approx. โฑ110,000 per mยฒ (e.g., 60 mยฒ = โฑ6,600,000) |
๐ก 2-Bedroom Purchase Price (City Center) | Approx. โฑ160,000 per mยฒ (e.g., 80 mยฒ = โฑ12,800,000) |
๐ก 2-Bedroom Purchase Price (Outside City) | Approx. โฑ120,000 per mยฒ (e.g., 80 mยฒ = โฑ9,600,000) |
๐ผ Corporate Tax | 30% |
๐ต Dividend Withholding Tax | 15% |
๐ฆ Tax System | Residency-based taxation for income earned within the Philippines. |
๐ Highest Income Tax Bracket | 35% |
๐งพ VAT | 12% |
๐ Controlled Foreign Company (CFC) Rules | Yes, exists for overseas subsidiaries. |
๐ Property Tax | Annual property taxes vary based on assessed value. |
๐ Property Transaction Tax | 6% transaction tax for property purchases. |