Nomad Watch

Business

VAT
No VAT; Sales Tax is 7.5% (Durham County)
Studio Purchase Price (City Center)
Approx. $5,200 per m² (e.g., 40 m² = $208,000)
Studio Purchase Price (Outside City)
Approx. $3,100 per m² (e.g., 40 m² = $124,000)
1-Bedroom Purchase Price (City Center)
Approx. $4,800 per m² (e.g., 60 m² = $288,000)
1-Bedroom Purchase Price (Outside City)
Approx. $2,900 per m² (e.g., 60 m² = $174,000)
2-Bedroom Purchase Price (City Center)
Approx. $4,500 per m² (e.g., 80 m² = $360,000)
2-Bedroom Purchase Price (Outside City)
Approx. $2,700 per m² (e.g., 80 m² = $216,000)
Corporate Tax
2.5% (North Carolina state rate; set to phase to 0% by 2030)
Dividend Withholding Tax
0% for residents (taxed as ordinary income at federal/state levels)
Tax System
Federal (progressive) + North Carolina State (Flat rate 4.5% in 2024)
Highest Income Tax Bracket
37% (Federal) + 4.5% (NC State flat rate)
Controlled Foreign Company (CFC) Rules
Yes, US Federal 'GILTI' and Subpart F rules apply
Property Tax
Approx. 1.25% of assessed value annually
Property Transaction Tax
Excise tax of $2 per $1,000 of purchase price
Attractive Tax System for Digital Nomads
Lower state income tax compared to NY/CA; no VAT on services

Essentials

City
Durham, North Carolina, United States
Population
285,000
Internet Speed
High-speed fiber widely available; Google Fiber and AT&T Fiber offer up to 1000 Mbps
Currency & Banking
USD ($). Major banks include Bank of America and Wells Fargo (Main St branches)
Tap Water
Drinkable and high quality (Teer Hill Reservoir source)
Power
120V, 60Hz, 🔌 Type A/B sockets
SIM Card
Verizon, AT&T, and T-Mobile. Prepaid plans approx. $40-$60/month
Banking for Expats
Chase, Revolut (Digital), Wise for international transfers
Accommodation
Luxury apartments (Liberty Warehouse), boutique hotels (The Durham), and Airbnbs
Cashless Friendly
Yes, cards and Apple Pay accepted almost everywhere
Short Term Rentals
Airbnb and Landing (furnished apartments) are popular in the Warehouse District
Budget Accommodation
University Inn (near Duke) approx. $95/night; local Airbnbs in North Durham
Best Area to Stay for Tourists
Downtown/American Tobacco Campus for walkability and dining
Best Area to Stay for Digital Nomads
Old East Durham or Trinity Park for a mix of residential quiet and cafe proximity

Working and Networking

Best Coworking Space
American Underground (@Main St); memberships start around $250/month
Best Cafe for Work
Cocoa Cinnamon (W Chapel Hill St location) - excellent Wi-Fi and outdoor seating
Networking Events
NC Tech Association events and 'Exit Event' startup mixers
Social Events for Expats
Internations Raleigh-Durham chapter and Meetup.com 'Triangle Newcomers' group

Transportation

Best Taxi/Ride App
Uber and Lyft are ubiquitous
Bike/Scooter Rental
Spin electric scooters available throughout downtown
Best Beach Nearby
Wrightsville Beach (approx. 2 hours 15 mins drive)
Top Regional Airline
American Airlines (Hub at nearby RDU Airport)
Top International Airline
Delta Air Lines and Air France (direct flights to Paris/London from RDU)
Highway Access
I-40 and NC-147 (Durham Freeway) provide primary access
Main Train/Transit Hub
Durham Amtrak Station (W Chapel Hill St) for Carolinian and Piedmont lines
Public Transport Passes
GoDurham bus system; single fares $1.00, monthly passes $36.00
Regional Travel
GoTriangle buses connect Durham to Raleigh and Chapel Hill

Health and Wellness

Best Hospital
Duke University Hospital (Erwin Rd) - nationally ranked #1 in NC
Yoga & Wellness Centers
Yoga Off East (Ninth St); drop-in classes approx. $22
Gyms & Fitness Centers
O2 Fitness (University Dr) and the Downtown Durham YMCA
Laundry Services
Durham Laundry Service (Pick-up/Delivery) and Wash n' Dry on Magnolia St

Food and Drink

Best Food Delivery App
DoorDash, UberEats, and locally-focused Grubhub
Best Local Dish to Try
Chicken and Waffles at Dame's Chicken & Waffles
Vegan/Vegetarian Options
Pure Soul (Plant-based soul food) on Ninth St
Best Dessert Spots
The Parlour (Handmade ice cream) at Market St
Affordable Shopping Spots
Compare Foods for international groceries; Trader Joe's (Erwin Rd)
E-commerce/Online Store
Amazon (Same-day delivery available), Walmart.com
Grocery Delivery
Instacart and Whole Foods delivery via Amazon Prime
Bar/Nightlife Area
Geer Street (Fullsteam Brewery, Motorco Music Hall)
Local Brewery
Ponysaurus Brewing Co. on Hood St
Wine Bars
Brunello Wine Bar (Main St) and LouElla Wine Beer & Beverage
Street Food Stalls
Durham Central Park Food Truck Rodeo (seasonal events)
Popular International Cuisine
M Kokko (Korean Fusion) and Viceroy (British-Indian Gastropub)

Culture and Attractions

Must-See Landmarks
American Tobacco Campus and the Lucky Strike Chimney
Museums & Art Venues
21c Museum Hotel (Free art gallery) and Nasher Museum of Art
Historical Sites
Bennett Place (Civil War surrender site) and Stagville State Historic Site
Religious Sites
Duke University Chapel (Stunning Gothic architecture)
Annual Events
Full Frame Documentary Film Festival (April)
Cultural Districts
Brightleaf District for shopping and historic warehouse architecture
Theater Venues
DPAC (Durham Performing Arts Center) - top ranked US theater
Local Markets
Durham Farmers' Market at Pavilion (Saturdays year-round)
Music Scene
The Blue Note Grill (Blues/Jazz) and Cat's Cradle (nearby Carrboro)
Street Art
Murals of Durham (e.g., 'Angel of Hope' on W Main St)
Cooking Classes
Southern Season (nearby Chapel Hill) or local workshops at The Cookery
Art Galleries
Durham Arts Council and Pleiades Arts
Historic Buildings
The Carolina Theatre (built 1926)
Local Heritage
Black Wall Street (Parrish Street) heritage sites

Nature and Outdoor Activities

Nearby Nature Escapes
Eno River State Park (Hiking and swimming holes)
National Parks Nearby
Great Smoky Mountains National Park (approx. 4 hours drive)
Cycling/Walking Paths
American Tobacco Trail (22+ miles of paved path)
Scenic Viewpoints
Duke Gardens (Sarah P. Duke Gardens) - 55 acres of landscaped beauty
Birdwatching Locations
Sandy Creek Park and the Duke Forest
Bonfire-Friendly Spots
Designated fire pits at local breweries like Ponysaurus

Other Services and Amenities

Parcel Delivery Service
UPS Store (Ninth St), FedEx Office (Main St)
Tech Repair Services
Triangle Cellular Repair (Ninth St) for phones/laptops
Table Tennis Spots
Hi-Wire Brewing (Golden Belt Campus) has public tables
Language Classes
Durham Technical Community College (ESL and foreign languages)
Libraries & Study Spots
Durham County Library (Main branch downtown) - sleek, modern architecture
Community Centers
Durham Central Park and Emily K Center
Gaming Lounges
Bad Machines (Esports bar) on Main St
Casino & Gaming Halls
No casinos in Durham (closest is Caesars Virginia, 1 hour drive)

Continue exploring Durham