So, you want to travel the world while working to support yourself, but you aren’t sure how to trade in your “normal (location dependent) life” for a digital nomad existence? Every digital nomad has a different story and there is no right way to do it. But there are a few essential steps involved in…
Standard travel health insurance covers you in case of an emergency. You can use it if you break a leg while exploring Istanbul or catch Chikungunya from a mosquito in Brazil. It will also cover you for emergency medical transport if you can’t be treated where you are. Digital nomads need to be covered for…
Most people wouldn’t dream of traveling overseas without the security of travel insurance. It covers your treatment if you become sick or injured and covers expenses for delayed flights or lost baggage. Basically, it gives you the resources to deal with the unexpected. Digital nomads who are regularly on the move benefit from the protection…
Is it true that digital nomads don’t have to pay income tax? No. Some digital nomads manage to avoid paying income tax, but the truth is that everyone is liable to pay tax somewhere. Digital nomads may even face the unpleasant predicament of paying duplicate taxes on the same income in more than one country….
If you are considering traveling abroad while working remotely, then you have probably heard of digital nomad visas (DNVs). You may be less clear on what exactly they are, who is eligible to apply for a DNV and your rights and responsibilities as a visa holder. In this article, I’ll give you a general overview…
When I was choosing locations to spend an extended time as a digital nomad, finding an affordable destination was always a priority. An affordable cost of living means that my dollars go further, so I can enjoy a better quality of life and even potentially save money. But what are some of the best budget-friendly…
More than 50 countries now offer digital nomad visas to attract remote workers to live and spend in their nations. That number is rising as more countries announce their intentions to release similar visas. It’s getting hard to keep track! If you are wondering which countries offer them and whether you are eligible, you are…
I became a digital nomad in 2018. I traveled for a little over three years before settling down as an expat in 2022. When I set out, I imagined the experience a bit like an extended holiday, but I would work freelance while traveling to pay for it. With this mindset, I wasn’t worried about…
Wise, formerly TransferWise, is a one-of-a-kind financial services provider that helps international people, overseas freelancers, and businesses manage their money with ease and transparency. In most Wise reviews, the focus is on the services they offer (money transfers, a multi currency account and debit cards). But because Wise offers much, we think there is a…
And How to Avoid Them Beware! While it’s easier now more than ever to send money to your family abroad, pay a friend instantly, or pay for goods and services online with a money transfer service or mobile wallet, this ease comes with pitfalls. You see, while you can spot some scams right away, other’s…
