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

Fractional property investing.

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Nomad Score: 69%

Essentials

🏙️ City Austin is the capital of Texas, known for its vibrant music scene, tech industry, and diverse culture.
👥 Population Approx. 1 million
💻 Internet Speed Average download speed is around 150 Mbps
💸 Currency & Banking 1 USD = 1 USD (USD is the local currency)
🚰 Tap Water Drinkable
🔌 Power 120V, 60Hz, 🔌 Type A/B sockets
📶 SIM Card Major providers include AT&T, Verizon, and T-Mobile.
💳 Banking for Expats Popular options include Chase, Bank of America, and Revolut.
🛌 Accommodation Options include traditional rentals, Airbnb, and short-term leases.
💳 Cashless Friendly Yes, cards are accepted widely.
🏠 Short Term Rentals Airbnb, Vrbo, and local short-term rental agencies.
🛏️ Budget Accommodation Hostel options include HI Austin Hostel and The Drifter.
🏙️ Best Area to Stay for Tourists Downtown Austin and South Congress (SoCo) area.
🏙️ Best Area to Stay for Digital Nomads East Austin and South Lamar are popular for their coworking spaces and cafes.

Working and Networking

🏢 Best Coworking Space WeWork and Capital Factory are highly recommended for remote work.
Best Cafe for Work Mozart's Coffee Roasters and Houndstooth Coffee are popular work-friendly spots.
💼 Networking Events Meetup.com hosts various events for tech and business networking in Austin.
🥂 Social Events for Expats Austin Expat Meetup and international film screenings at local theaters.

Transportation

🚕 Best Taxi/Ride App Uber and Lyft are the main ride-hailing apps in Austin.
🚲 Bike/Scooter Rental Lime and Bird offer electric scooters and bikes for rent.
🏖️ Best Beach Nearby Lake Travis is the closest water spot for beach activities, about 30 minutes away.
✈️ Top Regional Airline Southern Airways Express operates regional flights.
✈️ Top International Airline American Airlines and Southwest Airlines have major hubs at Austin-Bergstrom Airport.
🛣️ Highway Access Interstates 35, 10, and 20 provide major road connections.
🚉 Main Train/Transit Hub Austin Amtrak Station serves as the primary transit hub.
🚍 Public Transport Passes Capital Metro offers day passes and monthly passes for public transit.
✈️ Regional Travel Buses and regional rail provided by Capital Metro.

Health and Wellness

🏥 Best Hospital Seton Medical Center Austin is a top healthcare facility.
🧘 Yoga & Wellness Centers Black Swan Yoga and Sumits Yoga offer various classes.
🏋️ Gyms & Fitness Centers Gold's Gym and 24 Hour Fitness have multiple locations.
🧺 Laundry Services Laundromat services include Spin Cycle and Sudsy's.

Food and Drink

📱 Best Food Delivery App UberEats and DoorDash are widely used in Austin.
🍽️ Best Local Dish to Try Brisket from any local BBQ joint like Franklin Barbecue.
🍱 Vegan/Vegetarian Options Bouldin Creek Cafe and Arlo's serve great vegan meals.
🍫 Best Dessert Spots Amy's Ice Creams and Sweet Ritual are popular dessert locations.
🛒 Affordable Shopping Spots Farmers markets around the city offer great local produce.
🛒 E-commerce/Online Store Amazon and local online retailers like Uncommon Goods.
🛒 Grocery Delivery Instacart and Amazon Fresh are available for grocery delivery.
🍸 Bar/Nightlife Area Sixth Street and the Rainey Street District are hot nightlife spots.
🍻 Local Brewery Austin Beerworks is a popular local brewery.
🍷 Wine Bars The Austin Wine Merchant offers a great selection.
🍲 Street Food Stalls The food trucks on South 1st Street are a must-try.
🍕 Popular International Cuisine Pho from Pho Thai Son and tacos from Veracruz All Natural.

Culture and Attractions

🎟️ Must-See Landmarks The Texas State Capitol and the Congress Avenue Bridge.
🏛️ Museums & Art Venues Blanton Museum of Art and the Bullock Texas State History Museum.
🏰 Historical Sites The Driskill Hotel and the Texas State Cemetery.
🕍 Religious Sites St. Mary's Cathedral is a notable place of worship.
🎉 Annual Events South by Southwest (SXSW) and Austin City Limits Music Festival.
🎨 Cultural Districts The South Congress area is rich with cultural offerings.
🎭 Theater Venues The Paramount Theatre hosts various performances.
🛍️ Local Markets The HOPE Farmers Market and the Texas Farmers' Market.
🎼 Music Scene Austin is known as the 'Live Music Capital of the World.'
🎨 Street Art The HOPE Outdoor Gallery features local artists' work.
🧑‍🍳 Cooking Classes Central Market offers cooking classes for all skill levels.
👩‍🎨 Art Galleries The Art Galleries on South Congress highlight local artists.
🕰️ Historic Buildings The Texas Governor's Mansion and the State Capitol.
🏴 Local Heritage Austin celebrates its Texan heritage and music roots.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Zilker Park and Barton Springs Pool are ideal for outdoor activities.
🏞️ National Parks Nearby Big Bend National Park is a few hours' drive away.
🚲 Cycling/Walking Paths The Lady Bird Lake Hike-and-Bike Trail is popular among cyclists and walkers.
🌄 Scenic Viewpoints The view at Mount Bonnell is breathtaking.
🦉 Birdwatching Locations The Hornsby Bend Bird Observatory is known for birdwatching.
🔥 Bonfire-Friendly Spots Some areas in Zilker Park allow for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service USPS and UPS provide reliable shipping and delivery services.
🛠️ Tech Repair Services Best Buy and local shops like iPhone Repair provide tech repair.
🏓 Table Tennis Spots Local community centers have table tennis facilities.
🧑‍🏫 Language Classes Austin Community College and private tutors offer language classes.
📚 Libraries & Study Spots The Austin Public Library has multiple branches for quiet study.
🏘️ Community Centers The Austin Recreation Center has various activities and events.
🕹️ Gaming Lounges The Geeky Gamer Lounge is a popular gaming venue.
🎰 Casino & Gaming Halls Closest is the Kickapoo Lucky Eagle Casino in Eagle Pass, TX.

Business

🏢 Studio Purchase Price (City Center) Approx. $3,200 per m² (e.g., 40 m² = $128,000)
🏢 Studio Purchase Price (Outside City) Approx. $2,500 per m² (e.g., 40 m² = $100,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $3,100 per m² (e.g., 60 m² = $186,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $2,700 per m² (e.g., 60 m² = $162,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $2,900 per m² (e.g., 80 m² = $232,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $2,500 per m² (e.g., 80 m² = $200,000)
💼 Corporate Tax 21%
💵 Dividend Withholding Tax 15%
🏦 Tax System Texas has no state income tax.
📈 Highest Income Tax Bracket 0% (No State Income Tax)
🧾 VAT Texas does not have a state VAT. However, there is a sales tax of 6.25%.
🌐 Controlled Foreign Company (CFC) Rules Yes, owners of foreign corporations must comply.
🏠 Property Tax Yes, property tax based on the assessed value.
🏠 Property Transaction Tax No state transaction tax for property.
💻 Attractive Tax System for Digital Nomads No personal income tax makes it attractive for digital nomads.

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