Caracas, Venezuela 🇻🇪
#263
,
Nomad Score:
46%
Essentials
| 🏙️ City | Caracas is the capital and largest city of Venezuela, located in the northern part of the country. |
| 👥 Population | Approx. 2.5 million |
| 💻 Internet Speed | Average of 15 Mbps, with some areas reaching up to 40 Mbps |
| 💸 Currency & Banking | 1 USD ≈ 22.57 VES (Bolívares Soberanos), cash is commonly used; banking is limited due to economic conditions. |
| 🚰 Tap Water | Not drinkable, bottled water is recommended. |
| 🔌 Power | 120V, 60Hz, 🔌 Type A/B sockets |
| 📶 SIM Card | Movistar and Digitel are popular providers with decent coverage. |
| 💳 Banking for Expats | Limited options; digital banking apps like PayPal and Revolut are recommended. |
| 🛌 Accommodation | Common options include Airbnb, local rentals, and short-term hotel stays. |
| 💳 Cashless Friendly | Limited; cash is preferred in most transactions. |
| 🏠 Short Term Rentals | Airbnb is widely used; average cost is around $20-30 per night. |
| 🛏️ Budget Accommodation | Hostel options like MDS Hostel offer budget stays from $10 per night. |
| 🏙️ Best Area to Stay for Tourists | Chacao and La Castellana are popular districts known for safety and amenities. |
| 🏙️ Best Area to Stay for Digital Nomads | El Hatillo and Las Mercedes are recommended for longer stays with coworking spaces available. |
Working and Networking
| 🏢 Best Coworking Space | COWA is a popular coworking space offering flexible plans; prices start at $10/day. |
| ☕ Best Cafe for Work | Café Tostacao is a work-friendly spot known for good coffee and WiFi. |
| 💼 Networking Events | Tech Meetup Caracas hosts regular events for networking among expats and locals. |
| 🥂 Social Events for Expats | Facebook groups like 'Expats in Venezuela' are active with regular meetups and gatherings. |
Transportation
| 🚕 Best Taxi/Ride App | Uber is available and relatively safe; local taxis are also used but should be negotiated beforehand. |
| 🚲 Bike/Scooter Rental | Some areas have bike rentals; however, usage is limited due to traffic and conditions. |
| 🏖️ Best Beach Nearby | An hour away, the coastal town of La Guaira offers beach access. |
| ✈️ Top Regional Airline | Conviasa is the national carrier for regional flights. |
| ✈️ Top International Airline | American Airlines and Copa Airlines operate international flights. |
| 🛣️ Highway Access | Main access via the Francisco Fajardo Highway connecting various parts of the city. |
| 🚉 Main Train/Transit Hub | Caracas lacks a central train station; buses are the primary public transport. |
| 🚍 Public Transport Passes | Bus fares are very cheap (from 0.25 USD); public transport passes are not commonly used. |
| ✈️ Regional Travel | Buses operate to nearby cities; services are limited and vary in quality. |
Health and Wellness
| 🏥 Best Hospital | Hospital de Clínicas Caracas offers quality healthcare services. |
| 🧘 Yoga & Wellness Centers | Yoga en Caracas hosts a variety of classes for different levels. |
| 🏋️ Gyms & Fitness Centers | Basic-Fit and Gym Fitness have several locations in the city. |
| 🧺 Laundry Services | Lava y Planchas offers affordable laundry services across the city. |
Food and Drink
| 📱 Best Food Delivery App | Domicilios.com and Rappi cover various local restaurants. |
| 🍽️ Best Local Dish to Try | Arepas are a must-try; local spots like La Casa de las Arepas are popular. |
| 🍱 Vegan/Vegetarian Options | El Botanico is a well-known vegan restaurant. |
| 🍫 Best Dessert Spots | Dulce de Leche offers an array of delightful Venezuelan sweets. |
| 🛒 Affordable Shopping Spots | Mercados Municipales provide fresh local produce at low prices. |
| 🛒 E-commerce/Online Store | Mercado Libre is a popular e-commerce platform. |
| 🛒 Grocery Delivery | Farmatodo offers grocery delivery services via their app. |
| 🍸 Bar/Nightlife Area | Las Mercedes is a vibrant nightlife district with various bars and clubs. |
| 🍻 Local Brewery | Cervecería La Venezuela produces local craft beers. |
| 🍷 Wine Bars | Casa Lila is a cozy wine bar with a local selection. |
| 🍲 Street Food Stalls | Street vendors in areas like Sabana Grande serve delicious local delicacies. |
| 🍕 Popular International Cuisine | Restaurants like Pizzeria El Arco offer a range of international dishes. |
Culture and Attractions
| 🎟️ Must-See Landmarks | The Simón Bolívar birthplace museum is essential for understanding local history. |
| 🏛️ Museums & Art Venues | The Museo de Arte Contemporáneo is renowned for its modern art collections. |
| 🏰 Historical Sites | The Capitolio is an iconic historic building worth visiting. |
| 🕍 Religious Sites | The Basilica de Santa Teresa is a stunning site for both tourists and locals. |
| 🎉 Annual Events | The Carnaval de Caracas is a lively annual festival celebrated with parades and music. |
| 🎨 Cultural Districts | Altamira is known for its artistic vibe and cultural events. |
| 🎭 Theater Venues | Teatro Teresa Carreño hosts a variety of performances from ballet to concerts. |
| 🛍️ Local Markets | Mercado de Chacao is famous for fresh local produce and artisan goods. |
| 🎼 Music Scene | Live music is prevalent across many bars, especially in Las Mercedes. |
| 🎨 Street Art | Areas like Catia showcase vibrant street art by local artists. |
| 🧑🍳 Cooking Classes | Casa de la Cultura offers Venezuelan cooking classes for food enthusiasts. |
| 👩🎨 Art Galleries | Cayena Galería focuses on contemporary Venezuelan art. |
| 🕰️ Historic Buildings | The Teatro Municipal and Palacio de Miraflores are architectural landmarks. |
| 🏴 Local Heritage | The traditional attire and the music of Joropo reflect Venezuelan heritage. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | El Ávila National Park offers stunning hiking trails and nature experiences. |
| 🏞️ National Parks Nearby | Henri Pittier National Park is about 2 hours from Caracas, known for its biodiversity. |
| 🚲 Cycling/Walking Paths | Cerro El Ávila has well-maintained hiking paths. |
| 🌄 Scenic Viewpoints | The viewpoints at El Ávila offer breathtaking views of Caracas. |
| 🦉 Birdwatching Locations | The Parque Nacional El Ávila is a popular destination for birdwatching. |
| 🔥 Bonfire-Friendly Spots | Some designated areas in El Ávila allow for bonfires (check local regulations). |
Other Services and Amenities
| 📦 Parcel Delivery Service | Servicios de Correo de Venezuela handles parcel deliveries. |
| 🛠️ Tech Repair Services | Electrónica Caracas offers various repair services for tech devices. |
| 🏓 Table Tennis Spots | Conjuro 23 is a recreational area with table tennis tables for the public. |
| 🧑🏫 Language Classes | Instituto Alianza offers Spanish language courses for expats. |
| 📚 Libraries & Study Spots | Biblioteca Nacional de Venezuela is a quiet place for reading and studying. |
| 🏘️ Community Centers | Casa de la Cultura provides various activities and community gatherings. |
| 🕹️ Gaming Lounges | Mundo Gamer offers a venue for gaming enthusiasts. |
| 🎰 Casino & Gaming Halls | Eurobet Casino is one of the few gaming halls available. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. $1,200 per m² (e.g., 40 m² = $48,000) |
| 🏢 Studio Purchase Price (Outside City) | Approx. $800 per m² (e.g., 40 m² = $32,000) |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. $1,500 per m² (e.g., 60 m² = $90,000) |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. $1,000 per m² (e.g., 60 m² = $60,000) |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. $1,700 per m² (e.g., 80 m² = $136,000) |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. $1,200 per m² (e.g., 80 m² = $96,000) |
| 💼 Corporate Tax | 15% |
| 💵 Dividend Withholding Tax | 34% |
| 🏦 Tax System | Territorial tax system for residents. |
| 📈 Highest Income Tax Bracket | 34% |
| 🧾 VAT | 16% |
| 🌐 Controlled Foreign Company (CFC) Rules | Yes, strict regulations apply. |
| 🏠 Property Tax | Annual property taxation based on cadastral value. |
| 🏠 Property Transaction Tax | Approximately 1% during property transactions. |
| 💻 Attractive Tax System for Digital Nomads | 0% tax on income earned from outside Venezuela. |