Nomad Score: 47%

Essentials

🏙️ City Maracaibo is the largest city in Venezuela's Zulia state, known for its oil production and vibrant cultural scene.
👥 Population Approximately 1.6 million
💻 Internet Speed Average speed of 10 Mbps, but higher speeds may be available through some ISPs.
💸 Currency & Banking The currency is the Venezuelan Bolívar (VES). Exchange rates can fluctuate significantly; check current rates before engaging in transactions.
🚰 Tap Water Not drinkable. It is advisable to use bottled water for drinking.
🔌 Power 120V, 60Hz, all types of plugs acceptable.
📶 SIM Card Major providers are Movistar and Digitel, which offer various prepaid plans.
💳 Banking for Expats Most international cards aren't accepted. Local banks like Banesco only accept local accounts.
🛌 Accommodation Options include guesthouses like Hotel El Paseo and several Airbnb listings.
💳 Cashless Friendly Limited; cash is preferred in many transactions.
🏠 Short Term Rentals Airbnb is available, but options may vary widely in price and quality.
🛏️ Budget Accommodation Hostel options are limited; check out hostels like Pensión El Parque for affordable stays.

Working and Networking

🏢 Best Coworking Space Coworking space options are limited, but some cafes offer good environments for remote work.
Best Cafe for Work Café Barolo on Avenida 5 is known for its friendly atmosphere and COFFEE.
💼 Networking Events Occasional gatherings can be found through local Facebook groups for digital nomads.
🥂 Social Events for Expats Look for expatriate meetups or local cultural events through social media platforms.

Transportation

🚕 Best Taxi/Ride App Use local taxis or the app TuTaxi for convenience, but always verify the taxi before boarding.
🚲 Bike/Scooter Rental Bike rental options are limited; public transportation is more commonly used.
🏖️ Best Beach Nearby Playa de Los Cocos is the nearest beach, located approximately 30 km away.
✈️ Top Regional Airline Venezolana and Avior Airlines operate domestic flights connecting to other cities.
✈️ Top International Airline Copa Airlines and AVIanca offer international connections, mostly through connecting flights.
🛣️ Highway Access Major highways connect Maracaibo to cities like Mérida and Caracas.
🚉 Main Train/Transit Hub Maracaibo has limited rail connectivity; buses are a primary transport method.
🚍 Public Transport Passes Public transport is typically paid per ride, with no passes available.
✈️ Regional Travel Long-distance buses are available from terminals such as Terminal de Pasajeros de Maracaibo.

Health and Wellness

🏥 Best Hospital Hospital Universitario de Maracaibo is one of the main healthcare facilities.
🧘 Yoga & Wellness Centers Yoga groups meet at Parque UAM for free sessions on weekends.
🏋️ Gyms & Fitness Centers Natura Gym located in the city center offers fitness services.
🧺 Laundry Services Self-service laundromats are scarce, but local services offer wash and fold for reasonable pricing.

Food and Drink

📱 Best Food Delivery App PedidosYa is a popular choice for food delivery in the city.
🍽️ Best Local Dish to Try Try Patacón with shredded beef, a local favorite.
🍱 Vegan/Vegetarian Options Emilia Vegan Café offers a range of plant-based options.
🍫 Best Dessert Spots Cafetería La Palmera is famous for its local desserts.
🛒 Affordable Shopping Spots Plaza de Mercado is a good place for fruits and local goods at lower prices.
🛒 E-commerce/Online Store MercadoLibre is commonly used for online shopping in Venezuela.
🛒 Grocery Delivery Globant is available for grocery delivery services.
🍸 Bar/Nightlife Area The Avenida 8 de Octubre is known for its nightlife and bars.
🍻 Local Brewery Cervecería Zulia offers local craft beers.
🍷 Wine Bars Vinoteca offers a selection of local and imported wines.
🍲 Street Food Stalls Look for food stalls near Plaza de la Republica.
🍕 Popular International Cuisine Restaurants like Mamma Mia offer Italian cuisine.

Culture and Attractions

🎟️ Must-See Landmarks The Lake of Maracaibo and the famous Basílica de Nuestra Señora de Chiquinquirá.
🏛️ Museums & Art Venues Museo de Arte Contemporáneo del Zulia showcases local and international artists.
🏰 Historical Sites The historic Palacio de Justicia offers insights into the city's colonial past.
🕍 Religious Sites Visit the Catedral de Maracaibo, an important religious site.
🎉 Annual Events Festival de la Virgen de Chiquinquirá is celebrated every November.
🎨 Cultural Districts Explore the historic district, especially around Plaza Baralt.
🎭 Theater Venues Teatro Baralt is a renowned venue for performances.
🛍️ Local Markets Mercado Las Pulgas is famous for local crafts and food.
🎼 Music Scene Live music can be found at the Teatro de la Ópera de Maracaibo.
🎨 Street Art Graffiti art is prevalent in the Las Playitas neighborhood.
🧑‍🍳 Cooking Classes Local classes focus on traditional Venezuelan cuisine; check out Cooks by Nature.
👩‍🎨 Art Galleries La Galería offers exhibitions from local artists.
🕰️ Historic Buildings The old train station building is a notable architectural site.
🏴 Local Heritage The cultural heritage of the Zulia region is showcased through various festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Visit Parque Nacional Sierra de Perijá for hiking and natural beauty.
🏞️ National Parks Nearby Parque Nacional Cayo Sombrero features beautiful beaches and wildlife.
🚲 Cycling/Walking Paths The Malecón provides a scenic walking and biking path along the Lake.
🌄 Scenic Viewpoints Cerro de la Roca offers panoramic views of Maracaibo.
🦉 Birdwatching Locations Check out the wetlands around Lake Maracaibo for birdwatching.
🔥 Bonfire-Friendly Spots Beaches like Playa de Los Cocos allow bonfires in designated areas.

Other Services and Amenities

📦 Parcel Delivery Service Local companies like Zoom are available for parcel delivery.
🛠️ Tech Repair Services Visita for cell phone and electronics repairs in the city.
🏓 Table Tennis Spots Table tennis can be found in local community centers or clubs.
🧑‍🏫 Language Classes Instituto de Idiomas offers Spanish classes for expats.
📚 Libraries & Study Spots Biblioteca Pública del Estado Zulia has resources for study.
🏘️ Community Centers Centro de Acción Social is a hub for local community events.
🕹️ Gaming Lounges Local gaming venues can be found around Avenida 5.
🎰 Casino & Gaming Halls Casino Maracaibo provides entertainment options.

Business

🏢 Studio Purchase Price (City Center) Approx. $400/m² for studio apartments in downtown Maracaibo.
🏢 Studio Purchase Price (Outside City) Approx. $300/m² for studio apartments in suburban neighborhoods.
🏠 1-Bedroom Purchase Price (City Center) Approx. $800/m² for 1-bedroom apartments in the city center.
🏠 1-Bedroom Purchase Price (Outside City) Approx. $600/m² for 1-bedroom apartments outside the city center.
🏡 2-Bedroom Purchase Price (City Center) Approx. $1,200/m² for 2-bedroom apartments in central locations.
🏡 2-Bedroom Purchase Price (Outside City) Approx. $1,000/m² for 2-bedroom apartments in suburban areas.
💼 Corporate Tax Currently at 34% for corporations.
💵 Dividend Withholding Tax 20% on dividend distributions.
🏦 Tax System Venezuelan residents are taxed on worldwide income.
📈 Highest Income Tax Bracket Tax rate can go up to 34%.
🧾 VAT Standard VAT is 16% for goods and services.
🌐 Controlled Foreign Company (CFC) Rules Not strictly enforced in Venezuela.
🏠 Property Tax Annual property tax is low, typically around 1% of the property value.
🏠 Property Transaction Tax Property transfer tax is around 2% for buyers.