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Guide
Caracas, Venezuela π»πͺ
#263
,
Nomad Score:
49%
Essentials
ποΈ City | Caracas is the capital and largest city of Venezuela, located in the northern part of the country. |
π₯ Population | Approx. 2.5 million |
π» Internet Speed | Average of 15 Mbps, with some areas reaching up to 40 Mbps |
πΈ Currency & Banking | 1 USD β 22.57 VES (BolΓvares Soberanos), cash is commonly used; banking is limited due to economic conditions. |
π° Tap Water | Not drinkable, bottled water is recommended. |
π Power | 120V, 60Hz, π Type A/B sockets |
πΆ SIM Card | Movistar and Digitel are popular providers with decent coverage. |
π³ Banking for Expats | Limited options; digital banking apps like PayPal and Revolut are recommended. |
π Accommodation | Common options include Airbnb, local rentals, and short-term hotel stays. |
π³ Cashless Friendly | Limited; cash is preferred in most transactions. |
π Short Term Rentals | Airbnb is widely used; average cost is around $20-30 per night. |
ποΈ Budget Accommodation | Hostel options like MDS Hostel offer budget stays from $10 per night. |
ποΈ Best Area to Stay for Tourists | Chacao and La Castellana are popular districts known for safety and amenities. |
ποΈ Best Area to Stay for Digital Nomads | El Hatillo and Las Mercedes are recommended for longer stays with coworking spaces available. |
Working and Networking
π’ Best Coworking Space | COWA is a popular coworking space offering flexible plans; prices start at $10/day. |
β Best Cafe for Work | CafΓ© Tostacao is a work-friendly spot known for good coffee and WiFi. |
πΌ Networking Events | Tech Meetup Caracas hosts regular events for networking among expats and locals. |
π₯ Social Events for Expats | Facebook groups like 'Expats in Venezuela' are active with regular meetups and gatherings. |
Transportation
π Best Taxi/Ride App | Uber is available and relatively safe; local taxis are also used but should be negotiated beforehand. |
π² Bike/Scooter Rental | Some areas have bike rentals; however, usage is limited due to traffic and conditions. |
ποΈ Best Beach Nearby | An hour away, the coastal town of La Guaira offers beach access. |
βοΈ Top Regional Airline | Conviasa is the national carrier for regional flights. |
βοΈ Top International Airline | American Airlines and Copa Airlines operate international flights. |
π£οΈ Highway Access | Main access via the Francisco Fajardo Highway connecting various parts of the city. |
π Main Train/Transit Hub | Caracas lacks a central train station; buses are the primary public transport. |
π Public Transport Passes | Bus fares are very cheap (from 0.25 USD); public transport passes are not commonly used. |
βοΈ Regional Travel | Buses operate to nearby cities; services are limited and vary in quality. |
Health and Wellness
π₯ Best Hospital | Hospital de ClΓnicas Caracas offers quality healthcare services. |
π§ Yoga & Wellness Centers | Yoga en Caracas hosts a variety of classes for different levels. |
ποΈ Gyms & Fitness Centers | Basic-Fit and Gym Fitness have several locations in the city. |
π§Ί Laundry Services | Lava y Planchas offers affordable laundry services across the city. |
Food and Drink
π± Best Food Delivery App | Domicilios.com and Rappi cover various local restaurants. |
π½οΈ Best Local Dish to Try | Arepas are a must-try; local spots like La Casa de las Arepas are popular. |
π± Vegan/Vegetarian Options | El Botanico is a well-known vegan restaurant. |
π« Best Dessert Spots | Dulce de Leche offers an array of delightful Venezuelan sweets. |
π Affordable Shopping Spots | Mercados Municipales provide fresh local produce at low prices. |
π E-commerce/Online Store | Mercado Libre is a popular e-commerce platform. |
π Grocery Delivery | Farmatodo offers grocery delivery services via their app. |
πΈ Bar/Nightlife Area | Las Mercedes is a vibrant nightlife district with various bars and clubs. |
π» Local Brewery | CervecerΓa La Venezuela produces local craft beers. |
π· Wine Bars | Casa Lila is a cozy wine bar with a local selection. |
π² Street Food Stalls | Street vendors in areas like Sabana Grande serve delicious local delicacies. |
π Popular International Cuisine | Restaurants like Pizzeria El Arco offer a range of international dishes. |
Culture and Attractions
ποΈ Must-See Landmarks | The SimΓ³n BolΓvar birthplace museum is essential for understanding local history. |
ποΈ Museums & Art Venues | The Museo de Arte ContemporΓ‘neo is renowned for its modern art collections. |
π° Historical Sites | The Capitolio is an iconic historic building worth visiting. |
π Religious Sites | The Basilica de Santa Teresa is a stunning site for both tourists and locals. |
π Annual Events | The Carnaval de Caracas is a lively annual festival celebrated with parades and music. |
π¨ Cultural Districts | Altamira is known for its artistic vibe and cultural events. |
π Theater Venues | Teatro Teresa CarreΓ±o hosts a variety of performances from ballet to concerts. |
ποΈ Local Markets | Mercado de Chacao is famous for fresh local produce and artisan goods. |
πΌ Music Scene | Live music is prevalent across many bars, especially in Las Mercedes. |
π¨ Street Art | Areas like Catia showcase vibrant street art by local artists. |
π§βπ³ Cooking Classes | Casa de la Cultura offers Venezuelan cooking classes for food enthusiasts. |
π©βπ¨ Art Galleries | Cayena GalerΓa focuses on contemporary Venezuelan art. |
π°οΈ Historic Buildings | The Teatro Municipal and Palacio de Miraflores are architectural landmarks. |
π΄ Local Heritage | The traditional attire and the music of Joropo reflect Venezuelan heritage. |
Nature and Outdoor Activities
π Nearby Nature Escapes | El Γvila National Park offers stunning hiking trails and nature experiences. |
ποΈ National Parks Nearby | Henri Pittier National Park is about 2 hours from Caracas, known for its biodiversity. |
π² Cycling/Walking Paths | Cerro El Γvila has well-maintained hiking paths. |
π Scenic Viewpoints | The viewpoints at El Γvila offer breathtaking views of Caracas. |
π¦ Birdwatching Locations | The Parque Nacional El Γvila is a popular destination for birdwatching. |
π₯ Bonfire-Friendly Spots | Some designated areas in El Γvila allow for bonfires (check local regulations). |
Other Services and Amenities
π¦ Parcel Delivery Service | Servicios de Correo de Venezuela handles parcel deliveries. |
π οΈ Tech Repair Services | ElectrΓ³nica Caracas offers various repair services for tech devices. |
π Table Tennis Spots | Conjuro 23 is a recreational area with table tennis tables for the public. |
π§βπ« Language Classes | Instituto Alianza offers Spanish language courses for expats. |
π Libraries & Study Spots | Biblioteca Nacional de Venezuela is a quiet place for reading and studying. |
ποΈ Community Centers | Casa de la Cultura provides various activities and community gatherings. |
πΉοΈ Gaming Lounges | Mundo Gamer offers a venue for gaming enthusiasts. |
π° Casino & Gaming Halls | Eurobet Casino is one of the few gaming halls available. |
Business
π’ Studio Purchase Price (City Center) | Approx. $1,200 per mΒ² (e.g., 40 mΒ² = $48,000) |
π’ Studio Purchase Price (Outside City) | Approx. $800 per mΒ² (e.g., 40 mΒ² = $32,000) |
π 1-Bedroom Purchase Price (City Center) | Approx. $1,500 per mΒ² (e.g., 60 mΒ² = $90,000) |
π 1-Bedroom Purchase Price (Outside City) | Approx. $1,000 per mΒ² (e.g., 60 mΒ² = $60,000) |
π‘ 2-Bedroom Purchase Price (City Center) | Approx. $1,700 per mΒ² (e.g., 80 mΒ² = $136,000) |
π‘ 2-Bedroom Purchase Price (Outside City) | Approx. $1,200 per mΒ² (e.g., 80 mΒ² = $96,000) |
πΌ Corporate Tax | 15% |
π΅ Dividend Withholding Tax | 34% |
π¦ Tax System | Territorial tax system for residents. |
π Highest Income Tax Bracket | 34% |
π§Ύ VAT | 16% |
π Controlled Foreign Company (CFC) Rules | Yes, strict regulations apply. |
π Property Tax | Annual property taxation based on cadastral value. |
π Property Transaction Tax | Approximately 1% during property transactions. |
π» Attractive Tax System for Digital Nomads | 0% tax on income earned from outside Venezuela. |