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Porlamar, Venezuela 🇻🇪
#1829 ,

Nomad Score: 48%

Essentials

🏙️ City Porlamar is the largest city on Margarita Island and is known for its beautiful beaches and lively tourism atmosphere.
👥 Population Approximately 200,000
💻 Internet Speed Average download speeds are around 25 Mbps; availability varies.
💸 Currency & Banking 1 USD ≈ 8 VES. Transactions can often be conducted in USD due to inflation.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 120V, 60Hz, Type A/B sockets.
📶 SIM Card Movistar and Digitel are the main mobile providers; prepaid plans available.
💳 Banking for Expats US dollars are widely accepted; local banks may have limited services for expats.
🛌 Accommodation Available on platforms like Airbnb and local listings; prices range from $15 to $50 per night.
💳 Cashless Friendly Limited; cash transactions are preferred and often necessary.
🏠 Short Term Rentals Airbnb and local vacation rentals are common; average cost is about $30 a night.
🛏️ Budget Accommodation Hostel options and guesthouses can be found, starting around $10 per night.
🏙️ Best Area to Stay for Tourists Playa El Agua is popular for beach access and tourist amenities.
🏙️ Best Area to Stay for Digital Nomads Centro de Porlamar is ideal for its amenities and proximity to coworkers.

Working and Networking

🏢 Best Coworking Space Café Naranja offers a quiet workspace and decent Wi-Fi.
Best Cafe for Work Café malé offers good coffee and a relaxed atmosphere suitable for remote work.
💼 Networking Events Local expat meetups occur occasionally in cafes and bars.
🥂 Social Events for Expats Follow 'Expat Life in Margarita' on Facebook for updates on gatherings.

Transportation

🚕 Best Taxi/Ride App Uber and local taxi services are available; prices are typically higher for ride apps.
🚲 Bike/Scooter Rental Scooter rentals available at local shops; starting at $10 per day.
🏖️ Best Beach Nearby Playa El Agua, renowned for its beauty and amenities, is easily accessible.
✈️ Top Regional Airline Conviasa offers regional flights between Margarita and mainland Venezuela.
✈️ Top International Airline Venezolana de Aviación has international flights to a limited number of destinations.
🛣️ Highway Access The main road connects Porlamar to major locations on Margarita Island.
🚉 Main Train/Transit Hub Public transport primarily consists of buses and informal taxis.
🚍 Public Transport Passes No formal public transport passes; buses operate on a pay-per-ride basis.
✈️ Regional Travel Local buses and colectivos are available for travel between towns on the island.

Health and Wellness

🏥 Best Hospital Hospital Luis Ortega, offering basic health services.
🧘 Yoga & Wellness Centers Margarita Yoga offers classes focusing on relaxation and fitness.
🏋️ Gyms & Fitness Centers Sportcity Gym provides fitness equipment and classes; monthly membership around $20.
🧺 Laundry Services Local laundromats offer wash and fold service, prices around $5 per load.

Food and Drink

📱 Best Food Delivery App PedidosYa is a prominent food delivery service in the area.
🍽️ Best Local Dish to Try Pabellón Criollo, a traditional Venezuelan dish, is a must-try.
🍱 Vegan/Vegetarian Options Some restaurants in Porlamar offer vegetarian dishes, but options are limited.
🍫 Best Dessert Spots Boulangerie offers delicious pastries and cakes.
🛒 Affordable Shopping Spots Local markets in Porlamar provide fresh produce and artisan goods.
🛒 E-commerce/Online Store Not widely available; local shopping is more common.
🛒 Grocery Delivery Some local stores offer delivery services, but options are limited.
🍸 Bar/Nightlife Area The nightlife district is concentrated in Playa El Agua with many bars and clubs.
🍻 Local Brewery Margarita craft brewery offers local beers.
🍷 Wine Bars Wine and dine at local restaurants that import international wines.
🍲 Street Food Stalls Vendors at local markets serve traditional Venezuelan street food.
🍕 Popular International Cuisine Many cafes and restaurants serve Italian, French, and local variations.

Culture and Attractions

🎟️ Must-See Landmarks The Basilica de Nuestra Señora del Valle is a beautiful landmark.
🏛️ Museums & Art Venues Museo del Mar offers insights into local aquatic life and history.
🏰 Historical Sites Coche Island's remains of colonial structures attract visitors.
🕍 Religious Sites Iglesia de San José is a popular historic church.
🎉 Annual Events Carnival celebrations bring lively festivities each February.
🎨 Cultural Districts Porlamar’s promenade is filled with local artisans and cultural displays.
🎭 Theater Venues The Teatro de la Cultura hosts various performances and events.
🛍️ Local Markets The Plaza Borracho is a vibrant market area with local crafts and food.
🎼 Music Scene Live music is common at local bars, playing Venezuelan folk and salsa.
🎨 Street Art Various murals can be found across the city depicting local culture.
🧑‍🍳 Cooking Classes Cooking classes offering Venezuelan cuisine are available at local community centers.
👩‍🎨 Art Galleries Local artists exhibit their work in small galleries throughout the city.
🕰️ Historic Buildings Several colonial-style buildings are scattered across Porlamar, showcasing its history.
🏴 Local Heritage The merging of indigenous and Spanish cultures is reflected in local festivals and cuisine.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Parque El Agua is a popular water park and nature spot nearby.
🏞️ National Parks Nearby Cayo de Agua is a protected area known for its biodiversity.
🚲 Cycling/Walking Paths Coastal paths along Playa El Agua offer scenic views.
🌄 Scenic Viewpoints Mirador La Guardia offers beautiful views of the coastline.
🦉 Birdwatching Locations Various spots in Parque Nacional Mochima are popular for birdwatching.
🔥 Bonfire-Friendly Spots Certain beaches allow bonfires; check local regulations.

Other Services and Amenities

📦 Parcel Delivery Service Services like DHL operate in the area for parcel shipment.
🛠️ Tech Repair Services Local electronic stores offer basic repair for smartphones and laptops.
🏓 Table Tennis Spots Some local parks have ping pong tables available for public use.
🧑‍🏫 Language Classes Language schools offer Spanish classes for expats and travelers.
📚 Libraries & Study Spots Public libraries offer reading areas, but resources are limited.
🏘️ Community Centers Local centers organize community events and activities.
🕹️ Gaming Lounges Local cafes sometimes have gaming setups for casual gamers.
🎰 Casino & Gaming Halls There are several casinos in Porlamar, popular among tourists.

Business

🏢 Studio Purchase Price (City Center) Approx. $1,200 per m² (e.g., 40 m² = $48,000)
🏢 Studio Purchase Price (Outside City) Approx. $900 per m² (e.g., 40 m² = $36,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,100 per m² (e.g., 60 m² = $66,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $850 per m² (e.g., 60 m² = $51,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $1,000 per m² (e.g., 80 m² = $80,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $750 per m² (e.g., 80 m² = $60,000)
💼 Corporate Tax 34% on profits.
💵 Dividend Withholding Tax 15% on distributed profits.
🏦 Tax System Progressive tax system with rates up to 34%.
📈 Highest Income Tax Bracket 34%.
🧾 VAT 16%.
🌐 Controlled Foreign Company (CFC) Rules Venezuela has CFC rules for local and foreign taxes.
🏠 Property Tax A minimal property tax is based on property values.
🏠 Property Transaction Tax Approx. 2% on property purchases.
💻 Attractive Tax System for Digital Nomads Limited tax obligations if income is sourced from outside Venezuela.

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