Nomad Watch

Business

Studio Purchase Price (Outside City)
Approx. $5,200 per m² (e.g., 40 m² = $208,000)
1-Bedroom Purchase Price (City Center)
Approx. $7,800 per m² (e.g., 60 m² = $468,000)
1-Bedroom Purchase Price (Outside City)
Approx. $4,600 per m² (e.g., 60 m² = $276,000)
2-Bedroom Purchase Price (City Center)
Approx. $7,200 per m² (e.g., 85 m² = $612,000)
2-Bedroom Purchase Price (Outside City)
Approx. $4,200 per m² (e.g., 85 m² = $357,000)
Corporate Tax
21% Federal; 0% Texas State Income Tax/Franchise Tax depends on revenue
Dividend Withholding Tax
0% for residents; 30% for non-residents (subject to treaties)
Tax System
Citizens/Residents: Worldwide income; Non-residents: US source income
Highest Income Tax Bracket
37% Federal; 0% State
VAT
8.25% Sales Tax (combined state and local)
Controlled Foreign Company (CFC) Rules
Yes, GILTI and Subpart F rules apply for US taxpayers
Property Tax
Yes, high rates approx. 1.8% to 2.2% of assessed value
Property Transaction Tax
No state transfer tax; small recording fees apply
Attractive Tax System for Digital Nomads
No state income tax makes it very attractive for US-based earners
Studio Purchase Price (City Center)
Approx. $8,500 per m² (e.g., 40 m² = $340,000)

Essentials

City
Austin, Texas, United States
Population
975,000 (City), 2.4 million (Metro area)
Internet Speed
High-speed fiber (Google Fiber, AT&T) up to 1000 Mbps; average 250 Mbps
Currency & Banking
US Dollar (USD). 1 USD = 0.92 EUR
Tap Water
Safe to drink; high mineral content
Power
120V, 60Hz, 🔌 Type A/B sockets
SIM Card
T-Mobile, AT&T, Verizon. Mint Mobile ($15/mo) is a popular budget choice
Banking for Expats
Chase, Wells Fargo, Wise (digital), Revolut
Accommodation
Zillow, Apartments.com, Airbnb for short-term stays
Cashless Friendly
Yes, credit cards and Apple/Google Pay accepted everywhere
Short Term Rentals
Airbnb, Landing (furnished flexible leases), Sonder
Budget Accommodation
Firehouse Hostel ($45-$60/night) at 605 Brazos St
Best Area to Stay for Tourists
Downtown or South Congress (SoCo) for walkability and sights
Best Area to Stay for Digital Nomads
East Austin (Holly or Cherrywood) for community and cafes

Working and Networking

Best Coworking Space
Capital Factory ($250/mo) at 701 Brazos St; Industrious ($400/mo)
Best Cafe for Work
Caffé Medici (810 Congress Ave) or Radio Coffee & Beer
Networking Events
Austin Digital Nomads Meetup, Built In Austin events
Social Events for Expats
Internations Austin, Austin Newcomers Club

Transportation

Best Taxi/Ride App
Uber, Lyft, and local nonprofit RideAustin
Bike/Scooter Rental
MetroBike, Lime, Bird (approx. $1 to start + $0.39/min)
Best Beach Nearby
Lake Travis (Windy Point Park); Nearest ocean: Port Aransas (3.5 hours)
Top Regional Airline
Southwest Airlines
Top International Airline
American Airlines, British Airways, KLM/Lufthansa
Highway Access
I-35, MoPac (Loop 1), and Hwy 183
Main Train/Transit Hub
Capital MetroRail (Downtown Station), Austin-Berstrom International (AUS)
Public Transport Passes
CapMetro App: $1.25 Single, $2.50 Day Pass
Regional Travel
Vonlane (Luxury bus) to Dallas/Houston, Amtrak Texas Eagle

Health and Wellness

Best Hospital
St. David's Medical Center or Dell Seton Medical Center
Yoga & Wellness Centers
Black Swan Yoga (donation-based), Practice Yoga Austin
Gyms & Fitness Centers
Castle Hill Fitness, Gold's Gym (multiple locations)
Laundry Services
Washatopia (Self-service/Drop-off) at 2101 South Lamar Blvd

Food and Drink

Best Food Delivery App
DoorDash, UberEats, Favor (local favorite)
Best Local Dish to Try
Texas Beef Brisket at Franklin BBQ ($34/lb)
Vegan/Vegetarian Options
Arlo's (Food truck), Bouldin Creek Cafe
Best Dessert Spots
Amy's Ice Creams, Gourdough's Public House
Affordable Shopping Spots
H-E-B (Local favorite grocery store), Trader Joe's
E-commerce/Online Store
Amazon (Same-day delivery available), Walmart.com
Grocery Delivery
H-E-B Delivery, Instacart, Amazon Fresh
Bar/Nightlife Area
Rainey Street (Historic houses turned bars), 6th Street
Local Brewery
Austin Beerworks, Jester King Brewery
Wine Bars
Wine Belly, June’s All Day
Street Food Stalls
The Picnic Food Trailer Park (Barton Springs Rd)
Popular International Cuisine
Ramen Tatsu-Ya (Japanese), Loro (Asian-Smokehouse fusion)

Culture and Attractions

Must-See Landmarks
Texas State Capitol, Lady Bird Lake
Museums & Art Venues
Blanton Museum of Art, The Contemporary Austin
Historical Sites
The Bullock Texas State History Museum
Religious Sites
St. Mary's Cathedral, Austin Buddhist Vihara
Annual Events
SXSW (March), Austin City Limits (October)
Cultural Districts
East 6th Street, South Congress Ave
Theater Venues
The Paramount Theatre, ZACH Theatre
Local Markets
Texas Farmers' Market at Mueller (Sundays)
Music Scene
Continental Club, Antone's Nightclub
Street Art
Greetings from Austin Mural (S 1st St & Annie St)
Cooking Classes
Thai Fresh Cooking School, Sur La Table (Domain)
Art Galleries
Wally Workman Gallery, Flatbed Center for Contemporary Printmaking
Historic Buildings
The Driskill Hotel (opened 1886)
Local Heritage
Keep Austin Weird culture, Tex-Mex influence

Nature and Outdoor Activities

Nearby Nature Escapes
Barton Springs Pool (Natural spring $9 non-resident)
National Parks Nearby
Guadalupe Mountains (7hr drive), Big Bend (9hr drive)
Cycling/Walking Paths
Ann and Roy Butler Hike-and-Bike Trail (10 miles)
Scenic Viewpoints
Mount Bonnell (highest point in city)
Birdwatching Locations
Congress Avenue Bridge (1.5 million Mexican free-tailed bats)
Bonfire-Friendly Spots
Emma Long Metropolitan Park (designated pits)

Other Services and Amenities

Parcel Delivery Service
FedEx Office, UPS Store, USPS
Tech Repair Services
Rossmove iPhone Repair, CPR Cell Phone Repair
Table Tennis Spots
Spin Austin (701 Congress Ave)
Language Classes
Texas Language Center (UT Austin), Austin Community College
Libraries & Study Spots
Austin Central Library (Award-winning architecture)
Community Centers
Asian American Resource Center, Dougherty Arts Center
Gaming Lounges
Cidercade Austin ($12 for unlimited play)
Casino & Gaming Halls
Not legal in TX; Nearest is Lucky Eagle (Eagle Pass)

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