GetStake Logo
GetStake allows you to invest in fractional real estate in Dubai's premium properties, with investments starting from just $500.

Dubai real estate from $500.

Affiliate disclosure
Nomad Score: 64%

Essentials

๐Ÿ™๏ธ City Albuquerque is the largest city in New Mexico, known for its unique blend of Native American and Spanish cultures, rich history, and stunning desert landscapes.
๐Ÿ‘ฅ Population Approximately 560,000 residents.
๐Ÿ’ป Internet Speed Average download speed is around 100 Mbps.
๐Ÿ’ธ Currency & Banking USD (1 USD = 1 USD). Major banks include Wells Fargo and Bank of America.
๐Ÿšฐ Tap Water Drinkable and safe for consumption.
๐Ÿ”Œ Power 120V, 60Hz, Type A/B sockets.
๐Ÿ“ถ SIM Card Major carriers are Verizon, AT&T, and T-Mobile.
๐Ÿ’ณ Banking for Expats Commonly accepted payment methods include credit/debit cards, and mobile payment apps like Venmo and PayPal.
๐Ÿ›Œ Accommodation Options include Airbnb, Vrbo, and various local real estate listings.
๐Ÿ’ณ Cashless Friendly Yes, most places accept cards and mobile payments.
๐Ÿ  Short Term Rentals Available through platforms like Airbnb and local property management companies.
๐Ÿ›๏ธ Budget Accommodation Hostels include Route 66 Hostel and El Vado Motel.
๐Ÿ™๏ธ Best Area to Stay for Tourists Old Town Albuquerque is popular for its historical attractions and local shops.
๐Ÿ™๏ธ Best Area to Stay for Digital Nomads Nob Hill area, known for its cafes, restaurants, and vibrant nightlife, is ideal for long-term stays.

Working and Networking

๐Ÿข Best Coworking Space Coalition in the Heights is a popular coworking space known for its vibrant community.
โ˜• Best Cafe for Work The TorC Cafe offers a cozy atmosphere and good coffee for remote work.
๐Ÿ’ผ Networking Events Meetups and networking events can be found on platforms like Meetup and Eventbrite, often happening in local cafes and coworking spaces.
๐Ÿฅ‚ Social Events for Expats The Albuquerque Expats Facebook Group hosts various meetups and social gatherings.

Transportation

๐Ÿš• Best Taxi/Ride App Uber and Lyft operate widely in Albuquerque.
๐Ÿšฒ Bike/Scooter Rental Albuquerque B-Cycle offers bike rentals throughout the city.
๐Ÿ–๏ธ Best Beach Nearby The nearest beach is over 300 miles away, but Santa Rosa Lake offers water activities.
โœˆ๏ธ Top Regional Airline Southwest Airlines is a major carrier connecting to various U.S. cities.
โœˆ๏ธ Top International Airline United Airlines and American Airlines provide international services.
๐Ÿ›ฃ๏ธ Highway Access I-25 and I-40 highways provide major access points throughout the region.
๐Ÿš‰ Main Train/Transit Hub Albuquerque Amtrak station services train routes, and the Albuquerque Rapid Transit serves the city.
๐Ÿš Public Transport Passes ABQ Ride offers monthly and daily bus passes.
โœˆ๏ธ Regional Travel Buses connect Albuquerque with Santa Fe and other nearby towns.

Health and Wellness

๐Ÿฅ Best Hospital UNM Hospital is a top healthcare facility known for its quality care.
๐Ÿง˜ Yoga & Wellness Centers Yoga in the Park and the Holistic Center offer various classes.
๐Ÿ‹๏ธ Gyms & Fitness Centers Planet Fitness and 24 Hour Fitness have multiple locations in the city.
๐Ÿงบ Laundry Services Local laundromats include Wash Tub Laundromat and Duds & Suds.

Food and Drink

๐Ÿ“ฑ Best Food Delivery App Grubhub and DoorDash are popular for food delivery in Albuquerque.
๐Ÿฝ๏ธ Best Local Dish to Try Green Chile Cheeseburgers are a must-try local specialty.
๐Ÿฑ Vegan/Vegetarian Options Annapurna's is a well-known vegetarian restaurant offering diverse menu options.
๐Ÿซ Best Dessert Spots The Chocolate Cartel is famous for artisanal chocolates and desserts.
๐Ÿ›’ Affordable Shopping Spots The Farmer's Market at Robinson Park offers local produce and affordable goods.
๐Ÿ›’ E-commerce/Online Store Amazon and local shops are available for online shopping.
๐Ÿ›’ Grocery Delivery Instacart and Walmart Grocery provide grocery delivery services.
๐Ÿธ Bar/Nightlife Area The Downtown area has vibrant nightlife with several bars and clubs.
๐Ÿป Local Brewery La Cumbre Brewing Co. is renowned for its craft beers.
๐Ÿท Wine Bars Sixty-Six Acres offers a selection of local wines.
๐Ÿฒ Street Food Stalls Food trucks are common throughout the city, particularly at events.
๐Ÿ• Popular International Cuisine Thai and Mexican restaurants like Thai Spice and El Pinto are popularly rated.

Culture and Attractions

๐ŸŽŸ๏ธ Must-See Landmarks The Sandia Peak Tramway and Albuquerque International Balloon Fiesta are top attractions.
๐Ÿ›๏ธ Museums & Art Venues The Albuquerque Museum and the National Museum of Nuclear Science & History are must-visits.
๐Ÿฐ Historical Sites Old Town Albuquerque offers numerous historical buildings and galleries.
๐Ÿ• Religious Sites San Felipe de Neri Church is a historic landmark in Old Town.
๐ŸŽ‰ Annual Events The Albuquerque International Balloon Fiesta is held every October.
๐ŸŽจ Cultural Districts Downtown and Old Town areas are rich in cultural experiences.
๐ŸŽญ Theater Venues The Kimo Theatre hosts various performances and events.
๐Ÿ›๏ธ Local Markets The Albuquerque Rail Yards Market features artisans and local foods.
๐ŸŽผ Music Scene The Sunshine Theater and Sister Bar are popular live music venues.
๐ŸŽจ Street Art The walls of the Downtown area feature extensive murals and street art.
๐Ÿง‘โ€๐Ÿณ Cooking Classes The Santa Fe School of Cooking offers classes that touch on New Mexican cuisine.
๐Ÿ‘ฉโ€๐ŸŽจ Art Galleries The Harwood Art Center features local artists and exhibits.
๐Ÿ•ฐ๏ธ Historic Buildings The Albuquerque Hispano Chamber of Commerce is situated in a historic adobe building.
๐Ÿด Local Heritage The Pueblo and Hispanic heritage is celebrated throughout Albuquerque's cultural festivals.

Nature and Outdoor Activities

๐ŸŒ… Nearby Nature Escapes Elena Gallegos Park offers beautiful trails and picnic spots.
๐Ÿž๏ธ National Parks Nearby Petroglyph National Monument is nearby, showcasing ancient rock carvings.
๐Ÿšฒ Cycling/Walking Paths The Rio Grande Trail provides scenic views and safe biking routes.
๐ŸŒ„ Scenic Viewpoints Sandia Crest offers breathtaking views of the city and mountains.
๐Ÿฆ‰ Birdwatching Locations The Rio Grande Nature Center State Park is a prime birdwatching destination.
๐Ÿ”ฅ Bonfire-Friendly Spots Bonfires are allowed in designated areas in parks like the Sandia Mountains.

Other Services and Amenities

๐Ÿ“ฆ Parcel Delivery Service FedEx and UPS have multiple locations for shipping and delivery services.
๐Ÿ› ๏ธ Tech Repair Services iFix & Repair specializes in various tech repairs.
๐Ÿ“ Table Tennis Spots Ping Pong clubs are available at local community centers.
๐Ÿง‘โ€๐Ÿซ Language Classes The Language Institute offers Spanish and English classes.
๐Ÿ“š Libraries & Study Spots The Main Library on Central Ave is a great place for studying.
๐Ÿ˜๏ธ Community Centers The Albuquerque Community Center provides various activities and classes.
๐Ÿ•น๏ธ Gaming Lounges The HUB Gaming Lounge hosts video game events and tournaments.
๐ŸŽฐ Casino & Gaming Halls Sandia Resort & Casino offers gaming and entertainment options.

Business

๐Ÿข Studio Purchase Price (City Center) Approx. $250,000 per mยฒ (e.g., 600 sqft = $150,000)
๐Ÿข Studio Purchase Price (Outside City) Approx. $150,000 per mยฒ (e.g., 600 sqft = $90,000)
๐Ÿ  1-Bedroom Purchase Price (City Center) Approx. $225,000 per mยฒ (e.g., 800 sqft = $180,000)
๐Ÿ  1-Bedroom Purchase Price (Outside City) Approx. $175,000 per mยฒ (e.g., 800 sqft = $140,000)
๐Ÿก 2-Bedroom Purchase Price (City Center) Approx. $300,000 per mยฒ (e.g., 1,100 sqft = $250,000)
๐Ÿก 2-Bedroom Purchase Price (Outside City) Approx. $225,000 per mยฒ (e.g., 1,100 sqft = $200,000)
๐Ÿ’ผ Corporate Tax 4.8% for corporations.
๐Ÿ’ต Dividend Withholding Tax The standard rate is 4.8%.
๐Ÿฆ Tax System New Mexico has a statewide gross receipts tax.
๐Ÿ“ˆ Highest Income Tax Bracket The maximum rate is 5.9%.
๐Ÿงพ VAT There is no VAT; sales tax is applied.
๐ŸŒ Controlled Foreign Company (CFC) Rules No, as U.S. tax laws differ for residents and foreign shareholders.
๐Ÿ  Property Tax Based on the assessed value of the property.
๐Ÿ  Property Transaction Tax No specific transfer tax; closing costs typically cover various fees.
๐Ÿ’ป Attractive Tax System for Digital Nomads New Mexico offers minimal local taxation, making it attractive for digital nomads.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.