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Los Teques, Venezuela 🇻🇪
#267 ,

Nomad Score: 46%

Essentials

🏙️ City Los Teques is the capital city of the Raposo Hatillo Municipality in Miranda state, located 30 km southwest of Caracas.
👥 Population Approximate population of 300,000.
💻 Internet Speed Average internet speed is around 10-20 Mbps.
💸 Currency & Banking Currency is the Venezuelan Bolívar (VES). Current exchange rate is approximately 1 USD = 3,000,000 VES.
🚰 Tap Water Tap water is not recommended for drinking; bottled water is advisable.
🔌 Power Electricity is 120V, 60Hz. Sockets are Type A and B.
📶 SIM Card Major mobile providers include Movistar, Digitel, and Movilnet.
💳 Banking for Expats Local banks such as Banco de Venezuela and Bancaribe may offer services, but online banks like Payoneer are more accessible for expats.
🛌 Accommodation Common accommodation platforms include Airbnb and local renting websites.
💳 Cashless Friendly Cash is king; card payments are less common but growing.
🏠 Short Term Rentals Airbnb and local classifieds for short-term rentals.
🛏️ Budget Accommodation Hostels can range from 10-20 USD per night.
🏙️ Best Area to Stay for Tourists Visit areas like El Centro or La Macarena for local attractions.
🏙️ Best Area to Stay for Digital Nomads Consider neighborhoods like La Tahona for a quieter living with more amenities.

Working and Networking

🏢 Best Coworking Space No established coworking spaces, but cafes provide a good atmosphere for remote work.
Best Cafe for Work Cafe 25, known for its strong coffee and reliable Wi-Fi.
💼 Networking Events Networking opportunities are limited; social media groups can provide informal meetups.
🥂 Social Events for Expats Engagement in local expatriate groups on platforms like Facebook for community events.

Transportation

🚕 Best Taxi/Ride App Use local taxi services or the app Cabify for reliable rides.
🚲 Bike/Scooter Rental Bike rentals are scarce; personal bikes are common among locals.
🏖️ Best Beach Nearby Closest beach access is around 1.5 hours away at Playa El Agua.
✈️ Top Regional Airline Avior and Conviasa are the major regional carriers.
✈️ Top International Airline Conviasa is the primary international carrier, with connections via Caracas.
🛣️ Highway Access Major access via the Pan-American Highway connecting to Caracas.
🚉 Main Train/Transit Hub Los Teques Metro Station connects to Caracas Metro system.
🚍 Public Transport Passes No formal transit passes; buses operate on a pay-per-ride basis.
✈️ Regional Travel Bus services are available to nearby cities like Caracas and Mérida.

Health and Wellness

🏥 Best Hospital Centro Medico de Los Teques is the main healthcare facility.
🧘 Yoga & Wellness Centers Yoga Studio Yuj provides various classes in Los Teques.
🏋️ Gyms & Fitness Centers Basic Fitness offers affordable memberships.
🧺 Laundry Services Lavanderia Express offers reliable laundry services.

Food and Drink

📱 Best Food Delivery App PedidosYa is the most commonly used food delivery app.
🍽️ Best Local Dish to Try Try Arepas - a staple Venezuelan dish served with various fillings.
🍱 Vegan/Vegetarian Options Check out El Huerto, offering a variety of plant-based meals.
🍫 Best Dessert Spots Heladería La Limonera is known for delicious ice creams.
🛒 Affordable Shopping Spots Mercado Municipal for budget-friendly grocery shopping.
🛒 E-commerce/Online Store Online shopping in Venezuela is still developing; beware of shipping fees.
🛒 Grocery Delivery Local grocery stores often have delivery options; inquire upon visiting.
🍸 Bar/Nightlife Area Calle Los Pinos offers a variety of local bars.
🍻 Local Brewery Cervecería Los Teques offers local beer experiences.
🍷 Wine Bars Viña Del Mar serves a selection of wines from the region.
🍲 Street Food Stalls Food stalls are abundant, especially around Plaza Bolívar.
🍕 Popular International Cuisine La Huerta serves excellent Italian and seafood options.

Culture and Attractions

🎟️ Must-See Landmarks Visit the Parque Los Chorros for its beautiful natural beauty.
🏛️ Museums & Art Venues Centro de Arte Los Teques hosts periodic art exhibitions.
🏰 Historical Sites The old railway station is a notable historical site.
🕍 Religious Sites Iglesia de San Pedro provides insight into local architecture.
🎉 Annual Events Carnaval is a vibrant event celebrated widely in the city.
🎨 Cultural Districts Explore the artsy area near Parque Miranda.
🎭 Theater Venues Teatro de Los Teques offers local performance arts.
🛍️ Local Markets Weekly artisan markets provide a glimpse into local crafts.
🎼 Music Scene Local bands perform at various bars; check listings.
🎨 Street Art Murals are found throughout the city, especially near La Macarena.
🧑‍🍳 Cooking Classes Local culinary schools offer Venezuelan cooking classes.
👩‍🎨 Art Galleries Esquina de Arte showcases works from local artists.
🕰️ Historic Buildings Admire architecture like the Casa de la Cultura.
🏴 Local Heritage Incorporating indigenous and colonial influences, local heritage is celebrated in arts and crafts.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Parque Nacional El Avila, perfect for hiking and nature walks, is nearby.
🏞️ National Parks Nearby Yosemite Nacional is accessible within a few hours.
🚲 Cycling/Walking Paths Los Teques has various scenic paths through the mountains.
🌄 Scenic Viewpoints Mirador de Los Teques offers stunning views of the city.
🦉 Birdwatching Locations La Laguna del Rincon is great for observing local wildlife.
🔥 Bonfire-Friendly Spots Designated areas in parks allow for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service Local courier services like Domesa provide delivery options.
🛠️ Tech Repair Services Local computer shops offer basic tech repair services.
🏓 Table Tennis Spots Public parks have ping pong tables available.
🧑‍🏫 Language Classes Centro de Lenguas provides Spanish classes for expats.
📚 Libraries & Study Spots Biblioteca Pública offers study spaces.
🏘️ Community Centers Centro de Vida serves as a community hub.
🕹️ Gaming Lounges Espacio Gamer offers a venue for gaming enthusiasts.
🎰 Casino & Gaming Halls Local casinos offer gaming experiences but check regulations.

Business

🏢 Studio Purchase Price (City Center) Approx. $800 per m² (e.g., 40 m² = $32,000).
🏢 Studio Purchase Price (Outside City) Approx. $600 per m² (e.g., 40 m² = $24,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. $900 per m² (e.g., 60 m² = $54,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. $700 per m² (e.g., 60 m² = $42,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. $850 per m² (e.g., 80 m² = $68,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. $650 per m² (e.g., 80 m² = $52,000).
💼 Corporate Tax Standard corporate tax rate is around 34%.
💵 Dividend Withholding Tax Dividend tax rate is around 15%.
🏦 Tax System Venezuelan tax residents are taxed on worldwide income.
📈 Highest Income Tax Bracket The highest rate can go up to 34%.
🧾 VAT VAT rate is 16%.
🌐 Controlled Foreign Company (CFC) Rules Yes, there are strict CFC rules in place.
🏠 Property Tax Annual property taxes are based on property value.
🏠 Property Transaction Tax A standard rate of 1% applies.
💻 Attractive Tax System for Digital Nomads Venezuelan tax benefits for digital nomads are appealing due to territorial tax rules.

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