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

Save on international money transfers.

Affiliate disclosure

Mayagüez, Puerto Rico 🇵🇷
#1790 ,

Nomad Score: 63%

Essentials

🏙️ City Mayagüez is the second-largest city on the west coast of Puerto Rico, known for its vibrant culture and historical significance.
👥 Population Approximate population of 80,000.
💻 Internet Speed Average internet speed of 25-50 Mbps.
💸 Currency & Banking Currency is USD, widely accepted with many ATMs and banks such as Banco Popular and Oriental Bank.
🚰 Tap Water Generally drinkable, but bottled water is recommended.
🔌 Power Electricity is 120V, 60Hz, with Type A/B sockets.
📶 SIM Card Main carriers include Claro, AT&T, and T-Mobile with prepaid options.
💳 Banking for Expats Visa and Mastercard are widely accepted, along with mobile payment options like PayPal and Venmo.
🛌 Accommodation Options include Airbnb, local hostels, and long-term rentals available through various websites.
💳 Cashless Friendly Yes, cards accepted widely in most establishments.
🏠 Short Term Rentals Airbnb and Vrbo offer numerous short-term rental options.
🛏️ Budget Accommodation Hostel CasaBlanca and local guesthouses provide affordable lodging.
🏙️ Best Area to Stay for Tourists Paseo del Litoral offers beachfront views and dining options.
🏙️ Best Area to Stay for Digital Nomads The city center is recommended for its proximity to cafes and coworking spaces.

Working and Networking

🏢 Best Coworking Space Co-Work Mayagüez is a popular spot for remote workers.
Best Cafe for Work Café Cuento is known for its good coffee and reliable Wi-Fi.
💼 Networking Events Meetup groups often gather at local cafes and bars for networking.
🥂 Social Events for Expats Check out the Expats in Puerto Rico Facebook group for community events.

Transportation

🚕 Best Taxi/Ride App Uber and local taxi services are available in Mayagüez.
🚲 Bike/Scooter Rental Bike rentals are available through local shops and at nearby beaches.
🏖️ Best Beach Nearby Boquerón Beach is one of the closest and most popular beaches.
✈️ Top Regional Airline JetBlue Airways operates regional flights.
✈️ Top International Airline American Airlines and Spirit Airlines offer international connections.
🛣️ Highway Access PR-2 and PR-100 are the main highways connecting to other regions.
🚉 Main Train/Transit Hub There is no train service; public buses connect to nearby cities.
🚍 Public Transport Passes Local bus service operates on a pay-per-ride basis.
✈️ Regional Travel Buses like Arecibo and Mayagüez Bus Terminal connect to neighboring towns.

Health and Wellness

🏥 Best Hospital Hospital de la Concepción is the primary healthcare facility.
🧘 Yoga & Wellness Centers Zen Wellness Studio offers various yoga classes.
🏋️ Gyms & Fitness Centers Gold's Gym provides numerous fitness facilities.
🧺 Laundry Services Self-service laundromats are available throughout the city.

Food and Drink

📱 Best Food Delivery App UberEats and local delivery options like Sin Delantal are popular.
🍽️ Best Local Dish to Try Mofongo, a plantain dish often served with seafood or meat.
🍱 Vegan/Vegetarian Options Café de la Plaza offers a variety of vegetarian options.
🍫 Best Dessert Spots Panadería La Perla for traditional Puerto Rican pastries.
🛒 Affordable Shopping Spots Mayagüez Mall has a range of fast-food and affordable eateries.
🛒 E-commerce/Online Store Local options include ShopPR for various products.
🛒 Grocery Delivery Walmart and Supermercados Econo offer delivery services.
🍸 Bar/Nightlife Area The La Playa area is popular for bars and nightlife.
🍻 Local Brewery Cerveza del Pueblo offers brewery tours and tastings.
🍷 Wine Bars Vino y Tapas offers a selection of wines and tapas.
🍲 Street Food Stalls Street vendors offer pinchos and arepas in various areas.
🍕 Popular International Cuisine Restaurants like Pasion por el Sabor offer diverse international options.

Culture and Attractions

🎟️ Must-See Landmarks La Catedral de Mayagüez, a beautiful historical site.
🏛️ Museums & Art Venues Museo Histórico de Mayagüez features local history and culture.
🏰 Historical Sites The Porta Coeli Church, known as the 'Gateway to Heaven', is historical.
🕍 Religious Sites Iglesia San José is a notable church in the area.
🎉 Annual Events Festival de las Flores attracts visitors every March.
🎨 Cultural Districts The historic district is the cultural heart of Mayagüez.
🎭 Theater Venues Teatro Yagüez hosts local performances and events.
🛍️ Local Markets Mercado de Mayagüez offers fresh produce and local goods.
🎼 Music Scene Local bars regularly feature live salsa and reggaeton music.
🎨 Street Art Street murals can be found throughout the city, especially in the center.
🧑‍🍳 Cooking Classes Cooking classes for traditional Puerto Rican dishes are offered through local chefs.
👩‍🎨 Art Galleries Galería Enrile showcases works by local artists.
🕰️ Historic Buildings Palacio de las Bellas Artes is an architectural gem.
🏴 Local Heritage Mayagüez is known for its coffee culture and festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The nearby Cabo Rojo National Wildlife Refuge offers stunning natural beauty.
🏞️ National Parks Nearby Guanica State Forest is an accessible national park for hiking and nature walks.
🚲 Cycling/Walking Paths The coastal bike path along Mayagüez Bay is perfect for biking and walking.
🌄 Scenic Viewpoints El Faro de Cabo Rojo provides spectacular ocean views.
🦉 Birdwatching Locations The wetlands near Cabo Rojo are excellent for birdwatching.
🔥 Bonfire-Friendly Spots Designated BBQ areas can be found along the beaches in Boquerón.

Other Services and Amenities

📦 Parcel Delivery Service UPS and FedEx provide reliable shipping services.
🛠️ Tech Repair Services Local shops offer phone and computer repair services.
🏓 Table Tennis Spots Community centers often have table tennis tables available.
🧑‍🏫 Language Classes Spanish language classes can be found at community centers.
📚 Libraries & Study Spots The Mayagüez Public Library is a great study spot.
🏘️ Community Centers Centro Comunales offer various activities and events for locals.
🕹️ Gaming Lounges Local cafes sometimes host gaming nights and tournaments.
🎰 Casino & Gaming Halls The Casino at the Ritz-Carlton in nearby San Juan is one of the largest in Puerto Rico.

Business

🏢 Studio Purchase Price (City Center) Approx. $2,200 per m² (e.g., a 40 m² studio = $88,000).
🏢 Studio Purchase Price (Outside City) Approx. $1,700 per m² (e.g., a 40 m² studio = $68,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. $2,100 per m² (e.g., a 60 m² 1-bedroom = $126,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. $1,600 per m² (e.g., a 60 m² 1-bedroom = $96,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. $1,900 per m² (e.g., an 80 m² 2-bedroom = $152,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. $1,500 per m² (e.g., an 80 m² 2-bedroom = $120,000).
💼 Corporate Tax Transforming tax incentives offer reduced rates for certain businesses.
💵 Dividend Withholding Tax Currently 0% for certain qualified residents under Act 22.
🏦 Tax System Puerto Rico's tax system is different from the US, providing unique benefits for residents.
📈 Highest Income Tax Bracket Maximum personal income tax rate is 33%.
🧾 VAT Sales tax is approximately 11.5%.
🌐 Controlled Foreign Company (CFC) Rules Yes, there are specific rules governing CFC taxation.
🏠 Property Tax Annual tax based on property assessed value.
🏠 Property Transaction Tax Approx. 1% to 3% depending on the property type.
💻 Attractive Tax System for Digital Nomads 0% tax on capital gains and specific incentives for qualified residents under Act 22.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.