Genki Logo
Genki offers international health insurance tailored for digital nomads, expats, and long-term travelers, providing worldwide coverage and flexibility.

Global health insurance for nomads.

Affiliate disclosure
Nomad Score: 58%

Essentials

๐Ÿ™๏ธ City Minneapolis, known for its vibrant arts scene, outdoor activities, and friendly community.
๐Ÿ‘ฅ Population 429,606
๐Ÿ’ป Internet Speed Average speeds of 150 Mbps, with many options for fiber internet.
๐Ÿ’ธ Currency & Banking 1 USD โ‰ˆ 1 USD, widely accepted; ATMs are accessible throughout the city.
๐Ÿšฐ Tap Water Drinkable and regulated; Minneapolis has some of the best tap water in the country.
๐Ÿ”Œ Power 120V, 60Hz, Type A/B sockets.
๐Ÿ“ถ SIM Card Major carriers include AT&T, Verizon, and T-Mobile; prepaid options available.
๐Ÿ’ณ Banking for Expats Chase, Bank of America, and Wells Fargo; easy access for expats.
๐Ÿ›Œ Accommodation Options include Airbnb, apartment rentals, or co-living spaces like WeLive.
๐Ÿ’ณ Cashless Friendly Yes, cards are accepted widely, and mobile payments are popular.
๐Ÿ  Short Term Rentals Airbnb, Vrbo, and short-term leases are popular in neighborhoods like North Loop.
๐Ÿ›๏ธ Budget Accommodation Hostels like HI Minneapolis, and budget hotels such as Days Inn.
๐Ÿ™๏ธ Best Area to Stay for Tourists Downtown and the Warehouse District are ideal for sightseeing.
๐Ÿ™๏ธ Best Area to Stay for Digital Nomads North Loop and Uptown offer a vibrant atmosphere with many coworking spaces.

Working and Networking

๐Ÿข Best Coworking Space WeWork at the Capella Tower and The Coven.
โ˜• Best Cafe for Work Dogwood Coffee Co. and Aster Cafe offer great work environments.
๐Ÿ’ผ Networking Events Tech events at the Cowles Center and startups meetups in North Loop.
๐Ÿฅ‚ Social Events for Expats Expats in the Twin Cities Facebook Group and cultural events at the Walker Art Center.

Transportation

๐Ÿš• Best Taxi/Ride App Uber and Lyft are widely used and readily available.
๐Ÿšฒ Bike/Scooter Rental Nice Ride Minnesota for bikes and Bird or Lime for electric scooters.
๐Ÿ–๏ธ Best Beach Nearby Lake Nokomis is a popular destination for beach activities in the summer.
โœˆ๏ธ Top Regional Airline Sun Country Airlines is the primary regional carrier.
โœˆ๏ธ Top International Airline Delta Airlines and Sun Country Airlines operate international flights.
๐Ÿ›ฃ๏ธ Highway Access Major highways including I-35 and I-94 provide easy access.
๐Ÿš‰ Main Train/Transit Hub Target Field Station serves as the main transit hub, connecting train and bus services.
๐Ÿš Public Transport Passes Metro Transit offers day passes and monthly options.
โœˆ๏ธ Regional Travel Amtrak provides train services, and Greyhound for bus travel to nearby cities.

Health and Wellness

๐Ÿฅ Best Hospital M Health Fairview University of Minnesota Medical Center is a leading healthcare facility.
๐Ÿง˜ Yoga & Wellness Centers Sankalp Yoga Studio and CorePower Yoga provide great options.
๐Ÿ‹๏ธ Gyms & Fitness Centers YMCA and LA Fitness offer memberships with diverse workout options.
๐Ÿงบ Laundry Services Laundry rooms in apartment complexes, and laundromats like Soap Opera.

Food and Drink

๐Ÿ“ฑ Best Food Delivery App Uber Eats and DoorDash are the most popular food delivery services.
๐Ÿฝ๏ธ Best Local Dish to Try Juicy Lucy, a famous cheeseburger from local eateries.
๐Ÿฑ Vegan/Vegetarian Options Trattoria Da Vinci and The Herbivorous Butcher offer delicious plant-based meals.
๐Ÿซ Best Dessert Spots Cafe Ceres and Milkjam Creamery are famous for their unique desserts.
๐Ÿ›’ Affordable Shopping Spots Minneapolis Farmers Market and Midtown Global Market are recommended.
๐Ÿ›’ E-commerce/Online Store Amazon and local platforms like Target offer online shopping.
๐Ÿ›’ Grocery Delivery Instacart and Shipt provide grocery delivery services in the area.
๐Ÿธ Bar/Nightlife Area Eat Street and the North Loop are known for energetic nightlife.
๐Ÿป Local Brewery Surly Brewing Co. is a popular local brewery with a tasting room.
๐Ÿท Wine Bars The Wine Thief offers an extensive selection of wines in a chic setting.
๐Ÿฒ Street Food Stalls Nicollet Mall has food trucks featuring diverse cuisines.
๐Ÿ• Popular International Cuisine Pasta Italienne and Benihana for Asian cuisine.

Culture and Attractions

๐ŸŽŸ๏ธ Must-See Landmarks The Spoonbridge and Cherry at the Minneapolis Sculpture Garden and the Stone Arch Bridge.
๐Ÿ›๏ธ Museums & Art Venues Walker Art Center and Minneapolis Institute of Art house significant collections.
๐Ÿฐ Historical Sites Fort Snelling and Mill City Museum are key historical attractions.
๐Ÿ• Religious Sites The Basilica of Saint Mary and Cathedral of Saint Paul are stunning landmarks.
๐ŸŽ‰ Annual Events The Minnesota State Fair and a variety of festivals throughout the year.
๐ŸŽจ Cultural Districts Nicollet Avenue offers a culturally rich experience with theaters and art venues.
๐ŸŽญ Theater Venues Guthrie Theater and the Orpheum Theatre are renowned performance spaces.
๐Ÿ›๏ธ Local Markets Minneapolis Farmers Market is a great spot for local produce and crafts.
๐ŸŽผ Music Scene First Avenue and 7th St Entry host live music events regularly.
๐ŸŽจ Street Art Hall of Fame Mural and Uptown area are famous for vibrant street art.
๐Ÿง‘โ€๐Ÿณ Cooking Classes The Family Table offers hands-on cooking classes for various cuisines.
๐Ÿ‘ฉโ€๐ŸŽจ Art Galleries The Walker Art Center and other local galleries showcase contemporary art.
๐Ÿ•ฐ๏ธ Historic Buildings The Foshay Tower and Minneapolis City Hall are architectural highlights.
๐Ÿด Local Heritage Minnesota's Native American heritage is celebrated throughout the city.

Nature and Outdoor Activities

๐ŸŒ… Nearby Nature Escapes Minnehaha Park offers scenic views and waterfalls; also, Theodore Wirth Park for outdoor activities.
๐Ÿž๏ธ National Parks Nearby Voyageurs National Park is a few hours drive, great for canoeing and hiking.
๐Ÿšฒ Cycling/Walking Paths The Midtown Greenway offers miles of scenic trails for biking and walking.
๐ŸŒ„ Scenic Viewpoints The Stone Arch Bridge provides picturesque views of the skyline.
๐Ÿฆ‰ Birdwatching Locations Minnehaha Falls and Cedar Lake are popular for birdwatching.
๐Ÿ”ฅ Bonfire-Friendly Spots Designated areas in parks like Lake Nokomis allow bonfires.

Other Services and Amenities

๐Ÿ“ฆ Parcel Delivery Service UPS, FedEx, and USPS provide reliable parcel delivery services.
๐Ÿ› ๏ธ Tech Repair Services Best Buy Geek Squad offers tech support and repairs.
๐Ÿ“ Table Tennis Spots Gopher State Table Tennis Club offers spaces for playing.
๐Ÿง‘โ€๐Ÿซ Language Classes The Minnesota Language School offers German and Spanish classes.
๐Ÿ“š Libraries & Study Spots The Hennepin County Library system has multiple branches, including a main library downtown.
๐Ÿ˜๏ธ Community Centers The Minneapolis Community Education programs provide various resources and classes.
๐Ÿ•น๏ธ Gaming Lounges GameStop and other local gaming cafes host gaming events.
๐ŸŽฐ Casino & Gaming Halls Mystic Lake Casino is a popular venue for gaming close by.

Business

๐Ÿข Studio Purchase Price (City Center) Approx. $3,500 per mยฒ (e.g., 500 sq. ft. = $175,000)
๐Ÿข Studio Purchase Price (Outside City) Approx. $2,800 per mยฒ (e.g., 500 sq. ft. = $140,000)
๐Ÿ  1-Bedroom Purchase Price (City Center) Approx. $3,200 per mยฒ (e.g., 700 sq. ft. = $224,000)
๐Ÿ  1-Bedroom Purchase Price (Outside City) Approx. $2,500 per mยฒ (e.g., 700 sq. ft. = $175,000)
๐Ÿก 2-Bedroom Purchase Price (City Center) Approx. $3,000 per mยฒ (e.g., 1,000 sq. ft. = $300,000)
๐Ÿก 2-Bedroom Purchase Price (Outside City) Approx. $2,300 per mยฒ (e.g., 1,000 sq. ft. = $230,000)
๐Ÿ’ผ Corporate Tax Approximately 9.8%.
๐Ÿ’ต Dividend Withholding Tax 0% for qualified dividends.
๐Ÿฆ Tax System Federal and state income tax are based on worldwide income basis.
๐Ÿ“ˆ Highest Income Tax Bracket 9.85% in Minnesota.
๐Ÿงพ VAT There is no federal VAT; sales tax is approximately 7.125%.
๐ŸŒ Controlled Foreign Company (CFC) Rules Yes, applies to foreign subsidiaries.
๐Ÿ  Property Tax Annual property tax rates in Minneapolis are around 1.0% of assessed value.
๐Ÿ  Property Transaction Tax Rates vary, typically around 0.0033% for document fees.
๐Ÿ’ป Attractive Tax System for Digital Nomads With the right arrangements, tax benefits may apply depending on residency status.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.