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)