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Montevideo, Uruguay 🇺🇾
#694 ,

Nomad Score: 66%

Essentials

🏙️ City Montevideo is the capital of Uruguay, known for its colonial architecture and vibrant cultural scene.
👥 Population Approximately 1.3 million.
💻 Internet Speed Average internet speed is around 40 Mbps.
💸 Currency & Banking 1 USD ≈ 42 UYU. ATMs are widely available, and most accept international cards.
🚰 Tap Water Drinkable.
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets.
📶 SIM Card Movistar and Claro are the primary mobile providers, offering good coverage.
💳 Banking for Expats BNP Paribas and Santander are popular options for expats.
🛌 Accommodation Wide range from hostels to luxury apartments available through Airbnb and local rentals.
💳 Cashless Friendly Yes, cards are accepted widely, but it's good to have some cash.
🏠 Short Term Rentals Airbnb and Booking.com are popular for short-term stays.
🛏️ Budget Accommodation Pocitos Hostel offers affordable lodging options.
🏙️ Best Area to Stay for Tourists Ciudad Vieja is popular for its historic sites and nightlife.
🏙️ Best Area to Stay for Digital Nomads Pocitos and Buceo are recommended for their amenities and coworking spaces.

Working and Networking

🏢 Best Coworking Space Sinergia Coworking in the Punta Carretas area is a popular choice.
Best Cafe for Work Cafe Brasilero offers a conducive environment for remote work.
💼 Networking Events Monthly meetups organized through Facebook groups for digital nomads.
🥂 Social Events for Expats Expats Montevideo is a community group that frequently organizes social gatherings.

Transportation

🚕 Best Taxi/Ride App Uber and Cabify are widely used in Montevideo.
🚲 Bike/Scooter Rental Bicicletas Montevideo is available for bike rentals.
🏖️ Best Beach Nearby Playa de Pocitos is the closest beach, about 10 minutes away.
✈️ Top Regional Airline Amaszonas serves regional flights.
✈️ Top International Airline LATAM Airlines and Aerolineas Argentinas serve international routes.
🛣️ Highway Access Major access via Route 1 and Route 5.
🚉 Main Train/Transit Hub Tres Cruces Bus Terminal is the main transit hub.
🚍 Public Transport Passes MTM passes are available for bus travel, valid for a month.
✈️ Regional Travel Buses connect Montevideo to other Uruguayan cities, such as Punta del Este and Colonia del Sacramento.

Health and Wellness

🏥 Best Hospital Hospital Italiano is well-regarded for both locals and expats.
🧘 Yoga & Wellness Centers Yoga en Buenos Aires is popular among yoga practitioners.
🏋️ Gyms & Fitness Centers Fitness Club offers various workout options.
🧺 Laundry Services Lavarropas is a reliable laundromat service.

Food and Drink

📱 Best Food Delivery App PedidosYa is the most popular food delivery service.
🍽️ Best Local Dish to Try Asado (barbecue) is a must-try local dish.
🍱 Vegan/Vegetarian Options La Paloma offers great vegetarian dishes.
🍫 Best Dessert Spots Montevideo is home to fantastic alfajores, try 'El Club de los Alfajores'.
🛒 Affordable Shopping Spots Mercado del Puerto is great for local foods at reasonable prices.
🛒 E-commerce/Online Store Mercado Libre is the major online marketplace.
🛒 Grocery Delivery Supermercados Tienda Inglesa offers delivery options.
🍸 Bar/Nightlife Area Barrio Sur and Ciudad Vieja are popular nightlife areas.
🍻 Local Brewery Cerveza Patagonia is a notable local brewery.
🍷 Wine Bars Bodega Bouza serves local wines and offers tours.
🍲 Street Food Stalls Street vendors near Mercado del Puerto have various food options.
🍕 Popular International Cuisine Restaurant La Pasiva serves excellent pizzas and pastas.

Culture and Attractions

🎟️ Must-See Landmarks Plaza Independencia is a key landmark to explore.
🏛️ Museums & Art Venues Museo Nacional de Artes Visuales holds significant Uruguayan art collections.
🏰 Historical Sites La Ciudad Vieja features many historical buildings.
🕍 Religious Sites Iglesia Matriz is a notable church to visit.
🎉 Annual Events Montevideo's Carnival is famous for its vibrant parades and celebrations.
🎨 Cultural Districts El Centro is equipped with theaters and art galleries.
🎭 Theater Venues Teatro Solis is an important cultural venue.
🛍️ Local Markets Mercado del Puerto is great for local crafts and food.
🎼 Music Scene Montevideo has a thriving music scene, especially for tango.
🎨 Street Art Various neighborhoods feature vibrant street art, especially in Ciudad Vieja.
🧑‍🍳 Cooking Classes Learn local cuisine at 'La Cocina de Pedro'.
👩‍🎨 Art Galleries Galleria SOA hosts contemporary artworks by local artists.
🕰️ Historic Buildings Palacio Salvo is an iconic historic building.
🏴 Local Heritage The city's architecture reflects its rich cultural history.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Parque Rodó offers beautiful green spaces for picnics and walks.
🏞️ National Parks Nearby Las Violetas is a nearby nature reserve worth visiting.
🚲 Cycling/Walking Paths The Rambla provides scenic walking and cycling paths along the coastline.
🌄 Scenic Viewpoints Mirador de la Rambla offers stunning seaside views.
🦉 Birdwatching Locations The wetlands around Montevideo are good for birdwatching.
🔥 Bonfire-Friendly Spots Some beaches allow bonfires, but check local regulations.

Other Services and Amenities

📦 Parcel Delivery Service DHL and FedEx have reliable shipping services.
🛠️ Tech Repair Services Local shops in Centro offer electronic repairs.
🏓 Table Tennis Spots Cultural centers often host table tennis events.
🧑‍🏫 Language Classes Español en Montevideo offers Spanish lessons for expats.
📚 Libraries & Study Spots Biblioteca Nacional is ideal for studying.
🏘️ Community Centers La Tienda de Todo offers community activities for expats.
🕹️ Gaming Lounges Professional gaming venues are available in various neighborhoods.
🎰 Casino & Gaming Halls The Casino Nogaró is notable for gaming and entertainment.

Business

🏢 Studio Purchase Price (City Center) Approx. $2,800 per m² (e.g., 40 m² = $112,000).
🏢 Studio Purchase Price (Outside City) Approx. $2,200 per m² (e.g., 40 m² = $88,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. $3,300 per m² (e.g., 60 m² = $198,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. $2,600 per m² (e.g., 60 m² = $156,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. $3,000 per m² (e.g., 80 m² = $240,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. $2,200 per m² (e.g., 80 m² = $176,000).
💼 Corporate Tax 25%.
💵 Dividend Withholding Tax 7%.
🏦 Tax System Progressive tax rates based on income levels.
📈 Highest Income Tax Bracket 36%.
🧾 VAT 22%.
🌐 Controlled Foreign Company (CFC) Rules Yes, applicable strict regulations exist.
🏠 Property Tax Based on property valuation with a minimum rate.
🏠 Property Transaction Tax 3% on property transfers.
💻 Attractive Tax System for Digital Nomads Digital nomads can benefit from a temporary residency and potential tax incentives.

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