Revolut Logo
Revolut Ultra offers premium banking with global perks like lounge access, data, subscriptions, and insurance, ideal for frequent travelers.

Premium benefits, global data.

Affiliate disclosure

Maracaibo, Venezuela 🇻🇪
#266 ,

Nomad Score: 46%

Essentials

🏙️ City Maracaibo is the capital of the Zulia state in Venezuela, known for its rich oil industry and vibrant culture.
👥 Population Approximately 1.5 million.
💻 Internet Speed Average speeds of 5-10 Mbps, but this can vary based on provider and location.
💸 Currency & Banking Currency is the Venezuelan Bolívar (VES). 1 USD ≈ 5,000 VES (as of April 2025).
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power Electricity runs at 120V, 60Hz, and uses Type A/B sockets.
📶 SIM Card Main providers include Movistar and Digitel, offering prepaid plans with internet data.
💳 Banking for Expats Cash transactions are common; credit/debit cards might not be widely accepted.
🛌 Accommodation Options include local rentals through platforms like Airbnb or local real estate websites.
💳 Cashless Friendly Limited; cash is commonly preferred.
🏠 Short Term Rentals Airbnb has several listings in Maracaibo; prices range from $15 to $50 per night.
🛏️ Budget Accommodation Hostel La Casa offers beds starting at $10 per night.
🏙️ Best Area to Stay for Tourists The Marbella area is popular for its proximity to the lake and restaurants.
🏙️ Best Area to Stay for Digital Nomads The city center, with cafes and coworking spaces, is ideal.

Working and Networking

🏢 Best Coworking Space Cowo Maracaibo, known for its reliable internet and comfortable workspaces.
Best Cafe for Work Cafe La Rue is popular among digital nomads for its ambiance and Wi-Fi.
💼 Networking Events Venezuelan Digital Nomad community often organizes meetups; check local Facebook groups.
🥂 Social Events for Expats Expats in Maracaibo Facebook groups facilitate community gatherings.

Transportation

🚕 Best Taxi/Ride App Taxi services like Uber operate within the city, though traditional taxis are widespread.
🚲 Bike/Scooter Rental BiciMaracaibo offers bike rentals for local exploration.
🏖️ Best Beach Nearby La Cienaga is a nearby lake access area, approximately 30 minutes’ drive away.
✈️ Top Regional Airline Conviasa operates regional flights.
✈️ Top International Airline Copa Airlines offers international connections from Maracaibo.
🛣️ Highway Access Direct access to the Pan-American Highway.
🚉 Main Train/Transit Hub Train services are limited, reliance on buses is common.
🚍 Public Transport Passes Public transport mainly involves buses and taxis; no specific transit passes available.
✈️ Regional Travel Buses run to several cities, including Caracas.

Health and Wellness

🏥 Best Hospital Hospital Coromoto is one of the main healthcare facilities in the area.
🧘 Yoga & Wellness Centers Yoga Maracaibo offers various yoga classes and wellness workshops.
🏋️ Gyms & Fitness Centers Fitness Centers like Gym V are available, with membership options.
🧺 Laundry Services Lavarropas Maracaibo offers laundry services at reasonable rates.

Food and Drink

📱 Best Food Delivery App PedidosYa is the most used food delivery service.
🍽️ Best Local Dish to Try Try the arepas and patacones, local staples.
🍱 Vegan/Vegetarian Options Café Paseo has good vegetarian menus.
🍫 Best Dessert Spots Heladería La Nacional for delicious ice creams.
🛒 Affordable Shopping Spots Chinatown Market offers affordable local foods and goods.
🛒 E-commerce/Online Store Local options include MercadoLibre but with limited selection.
🛒 Grocery Delivery Supermercados Central offers grocery delivery services.
🍸 Bar/Nightlife Area La Lago area is vibrant for nightlife.
🍻 Local Brewery Cervecería Zulia offers locally brewed beers.
🍷 Wine Bars Enoteca Vino offers a selection of wines from the region.
🍲 Street Food Stalls Street vendors throughout the city sell hot empanadas and other local snacks.
🍕 Popular International Cuisine Pasta Checco offers good Italian cuisine.

Culture and Attractions

🎟️ Must-See Landmarks Lake Maracaibo and the iconic “El Puente” are must-visit sites.
🏛️ Museums & Art Venues The Vereda del Lago Cultural Center hosts various exhibits.
🏰 Historical Sites Casa de la Historia offers insights into Maracaibo's history.
🕍 Religious Sites Basilica de Nuestra Señora de Chiquinquirá is a significant religious site.
🎉 Annual Events Festival de la Virgen de Chiquinquirá held in November is a highlight.
🎨 Cultural Districts Old Town offers vibrant streets and local art.
🎭 Theater Venues Teatro Baralt is a historic theater showcasing local performances.
🛍️ Local Markets Mercado Las Pulgas is bustling with local crafts and foods.
🎼 Music Scene Maracaibo has a lively music scene, particularly with traditional gaita music.
🎨 Street Art The city showcases impressive murals and street art throughout various neighborhoods.
🧑‍🍳 Cooking Classes Cooking classes for traditional Venezuelan dishes are offered at local culinary schools.
👩‍🎨 Art Galleries Galería de Arte de Maracaibo exhibits local artists.
🕰️ Historic Buildings The Palacio de Gobierno is an important historical landmark.
🏴 Local Heritage Maracaibo's cultural symbols include the gaita music and traditions celebrating the lake.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Ciénaga de Zapara offers natural scenery and wildlife observation.
🏞️ National Parks Nearby Sierra de Perijá National Park is accessible for wildlife and nature enthusiasts.
🚲 Cycling/Walking Paths The Vereda del Lago offers scenic paths along the waterfront for walking and cycling.
🌄 Scenic Viewpoints El Chururú viewpoint provides stunning views of the lake.
🦉 Birdwatching Locations Ciénaga de los Olivitos is known for its diverse bird species.
🔥 Bonfire-Friendly Spots There are designated areas in Parque del Este for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local courier services offer delivery options.
🛠️ Tech Repair Services Tech service shops are available in local malls for electronic repairs.
🏓 Table Tennis Spots Centro Deportivo La Lago has recreational tables available.
🧑‍🏫 Language Classes Language schools like Instituto Venezolano offer Spanish classes.
📚 Libraries & Study Spots Biblioteca Central de Maracaibo offers a quiet place for study.
🏘️ Community Centers Fundación para la Cultura y el Arte hosts various community events.
🕹️ Gaming Lounges Gaming lounges are scarce; local cafes often host gaming events.
🎰 Casino & Gaming Halls Casino Maracaibo is the place for gambling entertainment.

Business

🏢 Studio Purchase Price (City Center) Approx. $700 per m² (e.g., 40 m² = $28,000).
🏢 Studio Purchase Price (Outside City) Approx. $500 per m² (e.g., 40 m² = $20,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. $650 per m² (e.g., 60 m² = $39,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. $450 per m² (e.g., 60 m² = $27,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. $600 per m² (e.g., 80 m² = $48,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. $400 per m² (e.g., 80 m² = $32,000).
💼 Corporate Tax Corporate Tax rate in Venezuela is 34%.
💵 Dividend Withholding Tax 30% withholding tax applies to dividend distributions.
🏦 Tax System Venezuelan residents are taxed on their worldwide income.
📈 Highest Income Tax Bracket Maximum personal income tax rate is 34%.
🧾 VAT Value Added Tax is 16%.
🌐 Controlled Foreign Company (CFC) Rules Yes, there are CFC rules applicable.
🏠 Property Tax Property tax is based on local municipal regulations.
🏠 Property Transaction Tax Approximately 1.5% of the property's value.
💻 Attractive Tax System for Digital Nomads Digital nomads can benefit from certain exemptions and lower regulatory burdens.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.