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Essentials

πŸ™οΈ City Los Teques is the capital city of the Raposo Hatillo Municipality in Miranda state, located 30 km southwest of Caracas.
πŸ‘₯ Population Approximate population of 300,000.
πŸ’» Internet Speed Average internet speed is around 10-20 Mbps.
πŸ’Έ Currency & Banking Currency is the Venezuelan BolΓ­var (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.
πŸ”Œ Power Electricity is 120V, 60Hz. Sockets are Type A and B.
πŸ“Ά SIM Card Major mobile providers include Movistar, Digitel, and Movilnet.
πŸ’³ 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.
πŸ›Œ Accommodation Common accommodation platforms include Airbnb and local renting websites.
πŸ’³ Cashless Friendly Cash is king; card payments are less common but growing.
🏠 Short Term Rentals Airbnb and local classifieds for short-term rentals.
πŸ›οΈ Budget Accommodation Hostels can range from 10-20 USD per night.
πŸ™οΈ Best Area to Stay for Tourists Visit areas like El Centro or La Macarena for local attractions.
πŸ™οΈ 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.
β˜• Best Cafe for Work Cafe 25, known for its strong coffee and reliable Wi-Fi.
πŸ’Ό Networking Events Networking opportunities are limited; social media groups can provide informal meetups.
πŸ₯‚ Social Events for Expats Engagement in local expatriate groups on platforms like Facebook for community events.

Transportation

πŸš• 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.
πŸ–οΈ 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.
πŸ›£οΈ Highway Access Major access via the Pan-American Highway connecting to Caracas.
πŸš‰ 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

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

Food and Drink

πŸ“± 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.
πŸ›’ Affordable Shopping Spots Mercado Municipal for budget-friendly grocery shopping.
πŸ›’ E-commerce/Online Store Online shopping in Venezuela is still developing; beware of shipping fees.
πŸ›’ 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.
πŸ• 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.
πŸ›οΈ Museums & Art Venues Centro de Arte Los Teques hosts periodic art exhibitions.
🏰 Historical Sites The old railway station is a notable historical site.
πŸ• Religious Sites Iglesia de San Pedro provides insight into local architecture.
πŸŽ‰ 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.
πŸ›οΈ 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.
πŸ§‘β€πŸ³ Cooking Classes Local culinary schools offer Venezuelan cooking classes.
πŸ‘©β€πŸŽ¨ Art Galleries Esquina de Arte showcases works from local artists.
πŸ•°οΈ 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

πŸŒ… 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.
πŸŒ„ Scenic Viewpoints Mirador de Los Teques offers stunning views of the city.
πŸ¦‰ Birdwatching Locations La Laguna del Rincon is great for observing local wildlife.
πŸ”₯ Bonfire-Friendly Spots Designated areas in parks allow for bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service Local courier services like Domesa provide delivery options.
πŸ› οΈ Tech Repair Services Local computer shops offer basic tech repair services.
πŸ“ Table Tennis Spots Public parks have ping pong tables available.
πŸ§‘β€πŸ« Language Classes Centro de Lenguas provides Spanish classes for expats.
πŸ“š Libraries & Study Spots Biblioteca PΓΊblica offers study spaces.
🏘️ Community Centers Centro de Vida serves as a community hub.
πŸ•ΉοΈ 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).
πŸ’Ό Corporate Tax Standard corporate tax rate is around 34%.
πŸ’΅ Dividend Withholding Tax Dividend tax rate is around 15%.
🏦 Tax System Venezuelan tax residents are taxed on worldwide income.
πŸ“ˆ 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.
πŸ’» Attractive Tax System for Digital Nomads Venezuelan tax benefits for digital nomads are appealing due to territorial tax rules.

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