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Nomad Score: 62%

Essentials

🏙️ City Ponce, known as the 'Pearl of the South', is the second-largest city in Puerto Rico, featuring rich history, vibrant culture, and a picturesque seaside.
👥 Population Approximately 150,000 inhabitants.
💻 Internet Speed Average internet speed of 60 Mbps.
💸 Currency & Banking Currency is US Dollar (USD). ATMs and banks like Banco Popular and FirstBank available.
🚰 Tap Water Generally drinkable; however, bottled water is recommended.
🔌 Power Electricity is 120V, 60Hz. Standard US Type A/B plugs.
📶 SIM Card Major mobile operators include Claro, T-Mobile, and AT&T.
💳 Banking for Expats American bank accounts widely accepted; major options include Chase and Wells Fargo.
🛌 Accommodation Options include Airbnb, Vrbo, and local rentals. Monthly rents range from $600 for 1-bedroom apartments to $1,000 for 2-bedroom in central areas.
💳 Cashless Friendly Yes, cards accepted widely.
🏠 Short Term Rentals Platforms like Airbnb and local real estate agencies provide numerous options.
🛏️ Budget Accommodation Hostel Casa de los Tres Angeles offers beds from $25/night.
🏙️ Best Area to Stay for Tourists Historic Ponce Plaza area known for attractions and nightlife.
🏙️ Best Area to Stay for Digital Nomads Dorado Beach area for peaceful environment and coworking options.

Working and Networking

🏢 Best Coworking Space Work-From Space Ponce, equipped with high-speed internet and meeting rooms.
Best Cafe for Work Café D'Rafael, known for its great coffee and cozy ambiance.
💼 Networking Events Regular meetups at local cafes and bars, check Facebook groups for digital nomads in Puerto Rico.
🥂 Social Events for Expats Expats in Puerto Rico Facebook group for networking and social gatherings.

Transportation

🚕 Best Taxi/Ride App Uber is widely used and reliable for getting around.
🚲 Bike/Scooter Rental No widespread services available; renting bikes locally is possible.
🏖️ Best Beach Nearby La Guancha Beach, only 10 minutes away.
✈️ Top Regional Airline Cape Air and Silver Airways operate local flights.
✈️ Top International Airline JetBlue and American Airlines have multiple flights to mainland US.
🛣️ Highway Access PR-1 and PR-2 highways provide easy access to other regions.
🚉 Main Train/Transit Hub Ponce doesn't have a train system; buses are the primary transit option.
🚍 Public Transport Passes Bus passes available for local transit, typically around $1 per ride.
✈️ Regional Travel Bus services connect Ponce to San Juan and other cities.

Health and Wellness

🏥 Best Hospital Hospital Dr. Pila, provides comprehensive healthcare services.
🧘 Yoga & Wellness Centers Yoga Ponce offers classes for various skill levels.
🏋️ Gyms & Fitness Centers Gold's Gym Ponce has modern equipment and various classes.
🧺 Laundry Services Lava-Lou is a popular laundromat offering wash-and-fold services.

Food and Drink

📱 Best Food Delivery App UberEats is commonly used for food delivery.
🍽️ Best Local Dish to Try Mofongo, a traditional dish made from fried plantains.
🍱 Vegan/Vegetarian Options Café El Punto offers a variety of vegan dishes.
🍫 Best Dessert Spots Helados El Verdugo for classic Puerto Rican ice creams.
🛒 Affordable Shopping Spots La Plaza del Mercado for fresh produce and local snacks.
🛒 E-commerce/Online Store Amazon and local Puerto Rican marketplaces.
🛒 Grocery Delivery SuperMax and Walmart offer grocery delivery services.
🍸 Bar/Nightlife Area La Guancha, lined with bars and live music.
🍻 Local Brewery Brewery La Pared, known for local craft beers.
🍷 Wine Bars Barceló has a great selection of wines in a cozy setting.
🍲 Street Food Stalls Street vendors along La Guancha offer tasty local snacks.
🍕 Popular International Cuisine Pizzeria La Perla serves delicious pizzas.

Culture and Attractions

🎟️ Must-See Landmarks Parque de Bombas, a historic fire station and symbol of Ponce.
🏛️ Museums & Art Venues Museo de Arte de Ponce showcases a stunning collection of European art.
🏰 Historical Sites Teatro la Perla, an iconic theater in the heart of the city.
🕍 Religious Sites Cathedral of Our Lady of Guadalupe, an essential site in Ponce.
🎉 Annual Events Fiestas de San Juan in June showcase local music and culture.
🎨 Cultural Districts Calle Isabel offers a rich mix of cultural experiences.
🎭 Theater Venues Centro Cultural de Ponce conducts various performances.
🛍️ Local Markets Ponce Mercado for locally produced goods and crafts.
🎼 Music Scene Live salsa and reggaeton at local bars and venues.
🎨 Street Art Colorful murals throughout the city, especially in the Pie de la Cuesta barrio.
🧑‍🍳 Cooking Classes Classes available at La Casa de los Trova.
👩‍🎨 Art Galleries Galería de Arte Ponce showcases local artists' work.
🕰️ Historic Buildings Casa Alcaldía, the historic city hall of Ponce.
🏴 Local Heritage Ponce's vibrant culture is showcased through its historic architecture and community events.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Sierra Bermeja offers beautiful hiking trails and scenic views.
🏞️ National Parks Nearby La Tres Palmas Marine Reserve is perfect for diving and snorkeling.
🚲 Cycling/Walking Paths La Guancha boardwalk, ideal for leisurely strolls and cycling.
🌄 Scenic Viewpoints Cerro Cuarte, a lookout point with sweeping views of the city.
🦉 Birdwatching Locations Reserva de Aves de Rincón is known for its diverse bird species.
🔥 Bonfire-Friendly Spots Certain areas along La Guancha allow friendly bonfire setups.

Other Services and Amenities

📦 Parcel Delivery Service DHL and FedEx for shipping services available.
🛠️ Tech Repair Services Ponce Electronics for mobile and computer repairs.
🏓 Table Tennis Spots Local community centers host table tennis sessions.
🧑‍🏫 Language Classes Instituto de Cultura Puertorriqueña offers Spanish classes.
📚 Libraries & Study Spots Biblioteca Rosa de Berríos, a quiet place for study and reading.
🏘️ Community Centers Centro de Estudios Avanzados for cultural events.
🕹️ Gaming Lounges GamerZone offers gaming setups and events.
🎰 Casino & Gaming Halls Casino at the Holiday Inn, for those looking for nightlife entertainment.

Business

🏢 Studio Purchase Price (City Center) Approx. $1,600 per m² (e.g., 40 m² = $64,000).
🏢 Studio Purchase Price (Outside City) Approx. $1,200 per m² (e.g., 40 m² = $48,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,400 per m² (e.g., 60 m² = $84,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. $1,000 per m² (e.g., 60 m² = $60,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. $1,300 per m² (e.g., 80 m² = $104,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. $950 per m² (e.g., 80 m² = $76,000).
💼 Corporate Tax Corporate tax rate is 37.5%.
💵 Dividend Withholding Tax Dividend withholding tax is 20%.
🏦 Tax System Residents taxed on worldwide income.
📈 Highest Income Tax Bracket Maximum personal income tax rate is approximately 33%.
🧾 VAT Standard VAT rate is 11.5%.
🌐 Controlled Foreign Company (CFC) Rules CFC rules are applicable for foreign investments.
🏠 Property Tax Yes, based on the assessed value.
🏠 Property Transaction Tax Forms 2% to 3% based on transaction value.
💻 Attractive Tax System for Digital Nomads Incentives include the Act 60 offering various tax benefits.

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