Before the Covid-19 pandemic, working from home was something that was reserved for the lucky few. Now, that’s a reasonable work perk that many employees are looking for.
However, working from home does not mean staying in your hometown. More and more people are taking advantage of this new opportunity and using it to explore different cultures, new cities and other continents.
If you want to start living as a digital nomad this year, here are the best places to visit.
Portugal ticks many boxes for tech nomads. It’s an expat-friendly country, the internet is great, the food is excellent, and the weather is sunny and pleasant all year round.
The Portuguese government actively recruits remote workers through its passive income visa in Portugal (or D7 visa) and non-habitual residence tax regime. Benefits include 0% foreign income tax and 0% crypto tax. There’s also no minimum stay requirement, which is attractive if you want to keep your options open.
Lisbon is the tech capital of Portugal and one of the most popular cities for remote workers. It’s a surprisingly affordable place to rent with median rents at €600 per month, 63% below the median rate in Europe.
Did you know that Costa Rica recently passed a law aimed at attracting remote foreign workers? The law, which came into effect last October, includes income tax exemptions and access to local banks. It also makes driving licenses issued abroad valid in the country.
However, even before this law took effect, Costa Rica was a popular choice for digital nomads. The main pull factors include the incredible beaches and natural landscape as well as a growing expat community.
The cost of living in Costa Rica varies depending on the city you decide to live in. As a rough guide, the cost of living can be as high as €2,300 per month to live in a place with better internet speeds and international cuisine like San José. It can go down to around €1300 if you live outside a major city.
Boasting one of the highest vaccination rates in the world, Malta now welcomes visitors with cash incentives and a recently launched nomadic residency permit. This brand new permit allows visitors to keep their current job in another country and live in Malta for up to one year (with the possibility of renewal).
As well as having one of the strongest economies, lowest unemployment rates and one of the best climates in the world, Malta offers excellent education, healthcare and an overall safe environment.
The cost of living mainly depends on personal lifestyle, but a budget between €1200 and €1500 per month guarantees a comfortable life, especially in the post-pandemic world, as rents have generally come down.
The Spanish government is currently working on a digital nomad visa under a bill called the Startup Law. Under the proposed law, remote workers can get a visa that allows them to stay and work for 12 months. This can be extended for another 24 months.
Spain’s beaches, mountains and vibrant cities like Barcelona, Madrid and Valencia make it a prime location for digital nomads who want a base in Central Europe with excellent transport links.
While Spain’s most expensive cities can be expensive, expats can enjoy a comfortable life in Valencia or Seville for around €1,500 per month.
We cannot talk about digital nomadic destinations without mentioning Bali. Indonesia has been at the heart of the movement and it’s not hard to see why. This tropical island is full of gorgeous beaches, lush jungles, picture-perfect cafes and luxury villas at affordable prices.
Most people just get a one month or two month visa upon arrival. This means you’ll have to leave the country and re-enter it when it expires, but that’s usually not a problem for nomads who want to explore in their free time. In 2021, the Minister of Tourism also announced that the government will soon offer a five-year digital nomad visa with 0% overseas income tax.
So how much does life in paradise cost? Well, you can expect to spend up to €2300 per month as a single person living in Bali, but families and couples sharing rental costs will be able to save quite a bit.
Whether you’re planning a month in Bali or a year in Spain, be sure to do your research. There’s never been a better time to take advantage of remote work and explore all the wonderful places you’ve always wanted to visit.