Several countries, including Dubai, Colombia, Estonia, Bermuda, Portugal, Spain, Croatia, and the Cayman Islands, offer special visas to support the digital nomad lifestyle.

The digital nomad lifestyle is suited for remote jobs that can be performed on a laptop, allowing for a better work-life balance and more control over time.

The digital nomad lifestyle offers advantages such as freedom and flexibility in terms of location and work arrangement, with many European countries providing one-year specific visas for remote work, allowing digital nomads to legally stay and work in these countries.

"Japan has introduced a 'Digital Nomad Visa' to support remote workers, providing an opportunity for individuals to travel and work in the country."

Japan's digital nomad visa requires a minimum annual income of 10 million yen, approximately NT $2.09 million.

"A digital nomad lifestyle requires skills in areas like design, online marketing, programming, and text content, as well as the ability to develop hard skills and adapt to new technologies."

"Japan will launch its digital nomad visa in early April 2024, allowing citizens of 50 countries and territories to work remotely in the country."

"Career progressions in DAOs focused on web3.0 technology can involve roles like marketing and operation of blockchain projects, allowing for remote work and digital nomadism."

"36% of Americans still believe in the American Dream."

A potential challenge of remote work for young people is the threat of job replacement by automation or advanced technologies.

Digital nomads aim to achieve a lifestyle of freedom and flexibility through remote work, allowing them to work from anywhere and experience new cultures.

Digital nomads pursue a lifestyle that offers economic flexibility, less pressure, and the ability to work remotely while traveling, often seeking to realize the American dream abroad.

Several countries, including Dubai, Colombia, Estonia, Bermuda, Portugal, Spain, Croatia, and the Cayman Islands, offer special visas to support the digital nomad lifestyle.

Title:

Content: Here’s How You Can Do Good As A Digital Nomad

by Femina Travel | Sep 29, 2023, 20:38 IST

Being a digital nomad can be great for the remote worker but, with the right attitude, you can do good for others too

Not everyone loves digital nomads. Although so many countries across the world now offer special visas for digital nomads (Dubai, Colombia,  Estonia, Bermuda, Portugal, Spain, Croatia and Cayman Islands, to name just a few), they often get a bad rap from local residents. They believe that digital nomads push housing costs higher and out of reach of the locals, and strain the community by just ‘dropping’ into places rather than trying to fit into the fabric of society at their new temporary homes. It is an undeniable fact, however, that foreign workers can infuse a financial boost into the arm of the host country, and it works out well for them because living costs are usually lower than in their home country.

How can digital nomads do good rather than spark suspicion in their new home areas? Here are simple ways to consider if you want your impact to be positive, and your being there actually being good for the local community:

  • Spend Money To Benefit Local Businesses

Prioritise shopping in smaller local shops rather than at big supermarkets, eat in non-touristy restaurants alongside locals, and tip delivery and cleaning people generously.

  • Engage In An Intellectual Exchange

If you have transferable skills as part of your job description, it would be great to help locals in whatever capacity you can. A healthy exchange of ideas can spur local entrepreneurship and potentially improve the lives of the people amid whom you live.

  • Volunteer In Your Free Time

There’s no better way to get under the skin of a new destination – here, your new home for a period of time – than by offering the help you can. Perhaps you could offer to help local kids with spoken English, or give some time to a nearby soup kitchen.

  • Be Social

Don’t spend all your time working in your home. The point of working away from home is that you live in another place. Go out and immerse yourself in life outside; once your neighbours and people in the locality realise that you’re friendly, they, too, will get more used to you and less resentful of your presence in their midst. Keeping to yourself is an invitation to be isolated. Don’t let your reticence be misinterpreted as arrogance. Embrace your new temporary home country and, in time,  you will go a long way in overturning suspicions against digital nomads.

Images: Shutterstock

Also Read: The Definitive Guide To Choosing A Hostel For Your Next Trip

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What are critical aspects of the digital nomad lifestyle?

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The digital nomad lifestyle is suited for remote jobs that can be performed on a laptop, allowing for a better work-life balance and more control over time.

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Digital nomads promised lush forests, natural spas and a new co-working space in this German town

Baden-Baden has a 100-acre forest and a car-free city centre.   -   Copyright  Baden-Baden Kur & Tourismus GmbH
By Hayley Rogue Ashworth

If the pandemic taught us anything, it’s that a lot of jobs do not need to conform to the standard Monday-Friday, 9-5.

There has been a shift in the way we view our working lives. We are no longer satisfied with spending our days confined to office cubicles, counting down the days to our next holiday.

Instead, we are looking for that ideal work-life balance - for more control over our time and more enriching experiences. Add to that the current cost-of-living crisis sweeping across Europe, Brexit and the rising price of weekend travel, and it’s easy to see the appeal of the digital nomad lifestyle.

But with the whole world to choose from, and several countries like Costa Rica and Bali offering digital nomad visas, where to start?

As travel companies weigh in on the best places to start your expat life, an unassuming spa town in southwestern Germany is throwing its hat in the ring.

Is Baden-Baden poised to be the next big digital nomad destination?

Baden-Baden is preparing for the opening of its first dedicated coworking space, Opera Coworking. There are many ways this UNESCO World heritage town would make a great digital nomad destination.

Once known as the ‘summer capital of Europe’, Baden-Baden was the playground of 19th-century Monaco socialites. Located close to the French border in Germany’s Black Forest, it was a favourite escape when the South of France got too hot.

With a population of around 55,000, it’s quiet yet cosmopolitan, green, accessible and has a lot to offer in terms of work-life balance. It has its own airport serviced by most major European airlines, as well as train lines that connect you to the rest of Germany, Europe and beyond.

Calm your mind in green forests and natural spas

Baden-Baden proclaims to be the ‘city of the good-good life’, and it isn’t difficult to see why.

The region is 61 per cent forest, with the Lichtentaler Allee spanning almost 100 acres. This green oasis is home to over 300 species of trees and shrubs, and part of it runs through the car-free city centre. Here, outdoor enthusiasts can wind down with hiking, cycling, running, roller-blading and walking.

As well as shaking off any work frustrations, all those extra activities will help improve your mental and physical health.

For more wellness activities, there are several natural spas - in particular, the Friedrichsbad. At €32 for three hours, it has 17 coordinated bathing stations to follow, from warm air baths to thermal whirlpools.

Now, we’re not saying to spend all your time in the spa. But having time and freedom to properly unwind is one of the many benefits of becoming a digital nomad.

There are also six championship golf courses, various sporting and music events throughout the year, and a variety of museums and galleries.

Excellent train routes to the rest of Germany, Switzerland, Belgium and France make weekend getaways, fun day-excursions and work trips easy.

How to become a digital nomad in Germany

There are several visa options for digital nomads in Germany, which vary depending on how long you plan to stay there.

Those with an EU, EEA or Swiss passport can enter Germany for 90 days as a tourist. While you don’t need a visa or permit to work in Germany, you must register stays that are longer than three months with the local authorities.

Those in Australia, Canada, Israel, Japan, South Korea, New Zealand, the UK and the USA can apply for a residency permit without an entry visa.

Most other nationalities will need to apply for a visa from a German Embassy and a residence permit for self-employment. This requires proof of self-sustainability and a business plan.

In Germany, freelancers and self-employed are considered to be two different statuses. For tax purposes, it is best to be a freelancer, though freelance roles must fall under certain liberal professions specified by the government, such as art, engineering, legal, medical, science and teaching, among others.

Once in Germany, all digital nomads have two weeks to submit their German addresses and book an appointment with the Immigration Office to begin the residency process.

See you in Baden-Baden?

If your goal is to make as much money as possible for early retirement, then Baden-Baden may not be for you, as you will have to register as a resident and pay tax.

But if your digital nomad goal is more about creating a life full of balance, this German town could be your dream destination.

The clean air and greenery will soothe your soul, there are lots of activities to fill your downtime - and restaurants to fill your stomach.

Add to that easy access to other destinations and an excellent healthcare and social system, and Baden-Baden is well worth considering as the place to start your digital nomad journey.

What are critical aspects of the digital nomad lifestyle?

The digital nomad lifestyle offers advantages such as freedom and flexibility in terms of location and work arrangement, with many European countries providing one-year specific visas for remote work, allowing digital nomads to legally stay and work in these countries.

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Five killed in Vancouver shooting, killing wife, daughter, etc.
The cost of living is too high to buy a house... many citizens go abroad to realize the American dream
Many polls show that American confidence in the American dream is fading, and that some American citizens must travel abroad to realize the American dream, because other countries have less pressure to live and more room for economic flexibility, which is ironic.
Opinion Poll: American Dream Confidence Disappears
The Wall Street Journal (WSJ) and the National Center for Public Opinion Research (NORC) released a joint poll in October showing that only 36 percent of respondents believe in the American dream of “getting ahead with just a little effort. ”
The National Broadcasting Corporation (NBC) recently released a poll showing that the dream of a younger generation of Americans to buy a home is difficult to achieve, and Americans of all ages are also increasingly pessimistic about the development opportunities of the next generation of young people.
In contrast, the lifestyle of working remotely and living overseas has been shared via social media, making some Americans think about going overseas.
Increased number of remote workers in Europe
Lexidy, a law firm in Europe, noted that since 2020, the number of “digital nomads ” who have access to the Internet and can work without restrictions on their location has increased significantly, with dozens of European countries now offering one-year specific visas for remote work, allowing eligible foreigners to settle and legally stay there.
JP Stonestreet and Amelia Basista, who originally lived in Colorado and moved to Ecuador in 2017, now run a consulting business that helps U.S. citizens live overseas and earn income through an online business.
In an interview with the Axios news website, Stonestreet said, "We grew up in a country where everyone has a chance, and if we are smart enough and hard enough, we can achieve the American dream."
But now it's completely different. "
Stonestreet said that as long as there is an accident unfortunately, life will turn upside down and the dream will be destroyed.
He said that the main reason for leaving the United States is that the burden of living expenses is too heavy.
He moved to South America to pay off his debts.
There has been a huge increase in the number of people either considering moving overseas from the United States or deciding to move overseas, Mr. and Mrs. Stonestreet said.
The Stonestreet ’ s social media followers are mostly retired or retired Americans who recognize that they can ’ t afford to live in the United States and want to move to other locations with lower costs and a high quality of life.
Before leaving, Stonestreet and his wife were saddled with medical debt, school loans, credit card debt, etc., but since moving to Ecuador, they are now debt free.
Both husband and wife are over 50 years old, but it feels like they are “getting younger ” when they move to Ecuador, because the stress is reduced and they are away from the“ toxic ” environment of American life filled with negative feelings.
9 million citizens living abroad
Federal authorities do not have official statistics on how many Americans live abroad.
According to the State Department ’ s 2020 report, about 9 million U.S. citizens live abroad.
A State Department spokesman said the State Department has since stopped publishing similar statistics.
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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

What are the criteria of the top 20 digital nomad locations?

A digital nomad visa program or the equivalent

"Japan has introduced a 'Digital Nomad Visa' to support remote workers, providing an opportunity for individuals to travel and work in the country."

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Content:
Japan's 'Digital Nomad Visa' Up For Grabs In March From Who Can Apply To Eligibility, Here's All You Need To Know

(MENAFN- Live Mint) "Japan is set to launch a digital nomad visa in March that will allow citizens of 49 countries to stay in the nation for up to six months serves as the best place to combine work and travel considering its metropolitan cities, diverse natural landscapes and world-renowned pop culture. In a move to boost the tourism industry and its economy and international competitiveness, the island country is increasingly opening up to foreigners read: 'With current service, visas can be issued in very short time to Indian citizens': German envoyFind out who can apply for Japan's digital nomad visaJapan's digital nomad visa will be available to citizens of 49 countries and territories. These eligible nations are those that have signed a tax treaty with the country or are visa-exempt when visiting Japan. The list of eligible nations includes all EU countries, Armenia, Belarus, Georgia, Iceland, Liechtenstein, Moldova, Monaco, North Macedonia, Norway, Serbia, Switzerland, Turkey and the United Kingdom, reported Euronews. However, as of now, India is not on the list read: Visa, Mastercard to stop card-based B2B payments via third party fintech platforms: SourcesOne must work for an employer or corporation outside of the host nation or own a business that can be managed from anywhere in the world to be eligible for this visa. The visa mainly targets IT professionals as well as highly skilled professionals. This visa is expected to apply to YouTubers as well who make revenue from overseas advertisers read: US visa news: H-1B, L-1 and EB-5 visa fees hiked; to come into effect from 1 April. Check details hereThis East Asian country is threatened by its ageing population and hence faced with a high dependency ratio. According to Japan's labour ministry, over two million foreign nationals work in the country currently, which is the highest number ever recorded much does one need to earn to be eligible?To qualify for Japan's digital nomad visa, applicants must earn at least 10 million Japanese Yen (€62,672) annually and have private health insurance coverage, reported Euronews read: VFS Global expects visa processing time to ease this yearMoreover, family members including children and spouses will be allowed to accompany digital nomads during their stay in Japan but they also have to be covered by private medical insurance read: Schengen visa fee hike: Here's how costly your trip to Europe can getDigital nomads are 45 per cent more productive than their office-based counterparts, according to a US study. It was also found that these digital nomads are happier, with 91 per cent reporting job satisfaction and flexibility as the primary benefits countries including Portugal, Canada, and Germany, have introduced digital nomad visas and modified laws to promote working tourism. Dedicated remote working centres have emerged over the years that offer individuals the freedom to choose their workplace including beachside locations.

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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

What are the criteria of the top 20 digital nomad locations?

A digital nomad visa program or the equivalent

Japan's digital nomad visa requires a minimum annual income of 10 million yen, approximately NT $2.09 million.

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Work while playing! Japan will open up digital nomad visa application conditions at a time
Japan is about to implement the Digital Nomad Visa Program at the end of March, which will open to applications from 49 countries, including Taiwan.
What exactly is Digital Nomad? What are the application requirements?
The concept of “digital nomad ” was first proposed by Japanese semiconductor expert Shigeru Shigeru in 1997, meaning that both travel and work can be taken care of at the same time.
This is because their work can be done only by computers and the Internet, which means that the world can be an office.
A report by market research firm Qualtrics also found that nearly 80% of job seekers would consider whether a job offer could work remotely, indicating that the trend of digital nomads is sweeping the world.
In order to welcome the digital nomads, various countries have also strengthened their soft and hard facilities, including comfortable co-working space, tourism consultation, and a job search website for the digital nomads.
According to Bloomberg, the most popular full-time location for remote work in 2023 has been replaced by a city: Tokyo, Japan, has replaced Lisbon, Portugal, as the city with the largest growth in the number of digital nomads.
The rise of digital nomads is related to the tendency of millennials to value “experiences ” over“ possessions. ”
Research shows that more than three-quarters of millennials prefer to spend their hard-earned money on exciting experiences or activities rather than buying products.
Want to go digital nomad in Japan? Check your pockets aren ’ t deep enough first!
However, people who are interested in traveling to a digital nomad abroad may want to check their wallets first; especially in Japan, where the application threshold is not cheap.
Japan will implement a digital nomad visa program at the end of March, allowing spouses and children to stay in Japan for up to six months if they are granted visas.
However, the applicant must provide proof of income of at least 10 million yen (about NT $2.09 million) per year, and must have private health insurance.
In addition, the visa cannot be renewed immediately and can be reapplied after six months of departure from Japan.
“To be honest, Asian countries don ’ t seem to have a ‘ simple ’ digital nomad visa, ” Brittany Loeffler, head of the digital nomad website Nomad Embassies, told the BBC.
The BBC reported that in addition to Japan, Thailand also has strict conditions for digital nomads, and applicants need to submit a minimum income proof of at least US $80,000 (about NT $2.52 million) per year, and a proof of assets of US $1 million (about NT $31.6 million).
In contrast, the conditions in European countries are relatively relaxed, most of the income proof requires between 2000 and 3000 euros (about NT $68,000 to 102,000), and Finland only needs 1200 euros (about NT $41,000) of income proof to apply.
Digital nomadic potential is limitless, the Japanese government hopes to inject innovation and vitality into society
According to the Australian Broadcasting Corporation, Japanese society has a conservative attitude towards immigration, and the effectiveness of digital nomads has yet to be seen.
The Japanese government also hopes that the digital nomadic trend can promote digital transformation in the country and bring innovation and vitality to society.
However, digital nomads may also cause social problems in the region.
According to the BBC, when local landlords realized that several nomads could pay higher rents each month, they raised prices, causing property prices to soar, making it more difficult for locals to rent or buy homes.
Even now, the Japanese digital nomad visa has not been implemented at all, and Tokyo house prices have soared due to the depreciation of the yen and the influx of investors.
Therefore, whether Tokyo can maintain its reputation as the city with the largest growth in the number of digital nomads will depend on the wisdom of the Japanese government.
(This article is from the 2024.02.28 Vision website and is prohibited from reproducing without consent.)
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Work while playing! Japan will open up digital nomad visa application conditions at a time
Japan is about to implement the Digital Nomad Visa Program at the end of March, which will open to applications from 49 countries, including Taiwan.
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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

"A digital nomad lifestyle requires skills in areas like design, online marketing, programming, and text content, as well as the ability to develop hard skills and adapt to new technologies."

Title:

Content: Digital nomadic workers working from home is not a dream
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In the general environment and the rise of AI, are you depressed and powerless about life, afraid of accidentally changing jobs, but the result is not as expected?
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According to the results of a recent survey, the number of searches on the job search labels for "receiving a job" and "working from home" has increased significantly compared with the past.
After the baptism of the epidemic, many people began to want to work from home without regional restrictions and with free working hours.
This emerging mode of work is what we call “digital nomads. ”
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And "design" is the highest paid industry in the free industry.
On the other hand, the AI issue has swept the world since last year, and various brands have taken advantage of this wave and released generative tools combined with AI.
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Do you think the designer is always in front of the computer all day, using the drawing software to pull out all the graphics and modeling?
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These generative tools, such as Adobe Firefly, Midjourney, Blockade Labs, and more, allow designers to generate images faster, saving a lot of time and effort.
Through the instructions of AI, designers no longer need to make all the elements one by one, but can quickly produce pictures, improve work efficiency, help designers more fully grasp the quality of the work, and stimulate richer creative ideas.
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In the field of design, actual combat experience is often more valued than academic qualifications.
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What issues could affect working remotely?

What non-IT jobs can digital nomads conduct?

"Japan will launch its digital nomad visa in early April 2024, allowing citizens of 50 countries and territories to work remotely in the country."

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Content: Digital Nomad Visa Programs: An APAC Update

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Digital nomad visa programs have grown increasingly popular. Seen as a means of attracting top-tier, global talent and tax revenue, this trend is especially prevalent in the Asian Pacific region.
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Digital nomad visa programs have grown increasingly popular. Seen as a means of attracting top-tier, global talent and tax revenue, this trend is especially prevalent in the Asian Pacific region. Indeed, Japan recently announced it joined the digital nomad visa party – its policy to be officially rolled out in early April 2024. Below, we discuss this new development and provide a summary of the current state of digital nomad programs in the APAC region.

Japan's new digital nomad visa program: a sumo-sized development

Japan's Ministry of Justice announced that Japan created a digital nomad visa. Situated as the 4th largest economy in the world, Japan began issuing digital nomad visas at the beginning of April 2024 to the citizens of 50 countries and territories.

The short-list of eligible countries includes at least the United States, Australia, and Singapore. The visas are valid for up to six months and available to those earning more than ¥10 million (app. $68,300) per year. Nomads may work from anywhere in the country and bring their spouses and children with them. Their work must be tied to "a sales contract or non-provision contract...with a public or private company in a foreign country". Carrying private health insurance will be obligatory to participate in the program.

Behind only China and Thailand, Japan is consistently ranked as one of the largest recipients of international visitors in APAC. In 2024 alone, it is forecasted that Japan will receive a total of 33.1 million visitors. With the aperture of this new program, coupled with sustained global interest in Japan's rich cultural heritage, the country is projected to receive thousands of digital nomads for years to come.

Thai-tanic-sized companies are welcomed in the Kingdom

Visa options for digital nomads in Thailand remain limited. Whereas the B visa program allows visitors to enter the Kingdom for up to 90 days to engage in a short list of activities, the government has gone to greater lengths to attract international corporate investment.

Indeed, under its "Remote Workers for Well-Established Overseas Companies" program, employees of publicly traded companies (or private companies with combined revenue of over $150 million in the last three years) will be able to apply for a 10-year long resident permit. The employee must (i) make an annual salary of at least $80,000.00 USD per year for two consecutive years or (ii) if holding a master's degree, make no less than $40,000 USD for the last two years. Alternatively, the individual may be self-employed provided they own productive intellectual property or have received Series A funding of no less than $1 million USD. Like Japan, visa applicants must carry personal health insurance.

With some of the lowest corporate tax rates in all of APAC, Thailand is situating itself as one of the region's premier hotbeds for foreign investment and, consequently, international talent.

Malaysia welcomes entrepreneurs from backgrounds as diverse as their landscapes

Maylasia arguably presents one of the most agile digital nomad visa programs in APAC. Offering temporary residence through the "De Rantau Nomad" program, employees of local or foreign employers, freelancers, and independent contractors are welcome. The nomad must be coming to work in an IT or digital space and earn at least $24,000 USD per year.

Pursuing a K-drama storyline in South Korea remains tricky

Early this year, South Korea made a splash on the global stage by launching its own version of a digital nomad visa: the "Workcation" visa. Whereas the visa program does offer a two-year period of validity, it is available only under a niche set of circumstances. For example, the minimum income threshold is KRW 85,000,000, or approximately $63,683.53. Digital nomads availing themselves must not only refrain from assuming gainful employment in South Korea, but must also refrain from earning money in South Korea associated with the South Korean economy (e.g., entering contracts with local businesses). In addition to having at least one year of work experience, nomads must also carry health insurance coverage valued at KRW 100 million, or about $75,000 USD. Given these restrictions, we anticipate S. Korea's digital nomad visa program to be leveraged only by the truest of K-POP fans.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Digital Nomad Visa Programs: An APAC Update

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"Career progressions in DAOs focused on web3.0 technology can involve roles like marketing and operation of blockchain projects, allowing for remote work and digital nomadism."

Title:

Content: Supplement
WikiProject
FEATURE
Chiangmai Coffee Shop Office Meeting on Bali Beach Digital Nomad Self-discipline for Freedom
Travel + work, is it possible?
Remote work has become a new normal in the workplace, so long as you have a laptop and a stable network, you can move the “office ” to any corner of the world.
Whether it ’ s surfing season in the Philippines or winter in Chiang Mai, the “digital nomad ” lifestyle is no longer just an imagination.
After 90 years, Kristie and Kate quit their jobs during the epidemic to join the digital nomad, living and living in a different place, and returning to the rhythm of life. Kristie said, “Nomad ’ s gift to me is to help me clean up my life and start again. ”
While the reporter was writing in the newspaper, Kristie, who had returned from Xinjiang for less than a month, flew to Chiang Mai, Thailand. Browse her sharing on social media platforms, she enjoyed the sunshine while leisurely working with her laptop in the open coffee shop, so that the reporter “grape ”“ bathed ” in the white light tube was very good. Kristie began her digital nomad career early last year. Bali, northern Thailand Chiang Mai, and then to Switzerland, a full year did not return to Hong Kong, "began the journey about 1 month, I have decided to live such a life in the future."
Get up at 8 and 9 a.m. every day, go to the beach, meditate, and work efficiently for 4 hours. After dusk, learn new things, read books, and live the creative life that many wage earners dream of.
He made $50,000 a month at the peak of his career.
Before the pasture, she worked in the advertising industry, and her body and mind were eroded by the pressure of work, and she suffered from chronic gastritis, "(sometimes) pain so that she could not eat all day, and she would vomit after eating."
Finally, the doctor said that even if the prescription of many drugs is useless, because my life pressure is too big, let her decide to change the environment, for their own life to a big clean.
At that time, she took the initiative to propose a 30% pay cut to her superiors, and switched from full-time employees to freelance workers.
There is no regular income, employee welfare, she confessed that "initially very scared, suddenly lost the sense of security", so she had saved six months of living reserve before leaving to prevent zero income during the period; and for themselves to open up a new source of income, operating from the media, doing small business.
She also became an oblique person, relying on writing advertising copy, public relations and marketing planning to maintain the nomadic living expenses, peak monthly income can reach 50,000 yuan, the off-season income is only more than 10,000 yuan, but stretched to make up for the short, life is still good.
In particular, she is mostly nomadic in Southeast Asia, where the consumption is low and the quality of life is good. Taking the island of Phangan in Thailand as an example, she lives in an independent holiday home, with a monthly expenditure of about 12,000 Hong Kong dollars, such as clothing, food, housing and travel.
Low prices, good living, Indonesia, Thailand, a hot spot
In addition to freelancers like Kristie, there are also people engaged in online teaching, design, e-commerce, programming and other remote work, as well as enterprises due to industry characteristics, full-time employees can also work remotely, such as Kate working in the web3.0 industry. Web3.0 is a decentralized Internet based on blockchain technology, NFT, cryptocurrency, metaverse and other popular technology concepts in recent years. It is based on Web 3.0 technology.
Kate, 24, who worked as an occupational therapist for a year after graduating from college, found that she did not like working in fixed locations and hours, and wanted the freedom to travel while working as a digital nomad.
She is interested in cryptocurrency, so she turned to web3.0, engaged in marketing, operation of blockchain projects and other work, usually through online communication with colleagues.
"Web 3.0 is a more international company, with employees from all over the world, most of them do not have a physical office, and many times employees can only choose to work remotely."
It ’ s like living three or four different lives.
Every time she goes to different places to participate in seminars, and after completing her work, she will stay there for 1-2 weeks, traveling all over Japan, Thailand, Australia, Singapore, France, etc. Although she is a full-time employee, she has no fixed office hours, sometimes she does not need to turn on the computer all day, she can go sightseeing, sometimes she needs to meet and meet constantly. Bring a computer, wired headphones and plenty of mobile data.
When I tried to watch animals in the Australian zoo, I suddenly had a meeting; I suddenly had to deal with work on the way to shopping in Korea, and the store has been closed for seven or eight years, which is completely different from the excellent nomadic life I imagined.
Kate, who often hangs "work first" and "have self-discipline to have freedom", admits that even the beauty of the current can not be completely relaxed and appreciated, "I think you can not because your work location is not in a fixed place, and people feel unprofessional; it should make people believe that you can complete the work wherever you are, and there is quality, and no need for others to adapt, so as to maintain this way of life for a long."
Digital nomads have bitterness and sweetness, but both say they can ’ t go back after they set foot on this road.
Read this year Kristie published in the book fair, from the nomad, to find the heart of the sea ", she met on the road only two seasons of American couples, with children wandering the world of nomadic families, Lin Lin's total lifestyle has brought her a shock," I know in Hong Kong, many of them are a life to the end, but in the nomad meet them, I ’ ve lived three or four different lives, ” and there are fascinating stories in each life.
Embark on a nomadic journey to open Second Life, their book of life, and add a few unforgettable experiences.
●
Text: Chang Shu-mei
Editor: Liang Xiaoling
Art: Hsieh Wai-ho
Facebook @ Ming Pao Supplement
Copyright © 2019 Mingpao. All Rights Reserved.
Related Words: Chiang Mai Visa Digital Nomad Visa Work from anywhere Digital Nomad
Previous / Next News

"36% of Americans still believe in the American Dream."

Title:

Content: Is the American Dream dead? Couple who moved to Ecuador say they're 'aging in reverse' after escaping 'toxic hamster wheel' culture in the US - as families head overseas amid crippling debt and soaring house prices

  • Americans are choosing to up sticks and move to countries with lower cost of living and higher quality of life
  • Only 36 percent of Americans still believe in the 'American dream' that if you work hard, you'll get ahead
  • Young people who are saddled with student loans and facing high house prices are particularly likely to move away

Americans are trading in crippling debt and soaring house prices for white sand beaches and cheap rent abroad as some expats say the 'American dream is dead'.

One middle-aged couple who gave up their house and jobs to move to Ecuador even said they lost 50lbs after escaping the 'toxic hamster wheel' culture in the US.

And they're not alone. An estimated 9 million Americans live abroad currently, up from 6.8 million in 2013, according to the most recent State Department data.

House prices, inflation and debt have driven many to up sticks and move to countries with a lower cost of living and higher quality of life.

October polling by NORC found that only 36 percent of Americans still believe in the 'American dream' that 'if you work hard you'll get ahead'.

Amelia and JP said the only thing they regret is not moving abroad sooner

JP and Amelia with friends they have made since moving to Ecuador

And half of Americans believe the 'economic and political systems in the country are stacked against people like me' and that life is worse for people like them now than 50 years ago.

Instead, hundreds of people - particularly older and younger people - are choosing to move abroad in search of a 'better life'.

JP Stonestreet and Amelia Basista left Colorado to move to Ecuador in 2017 and now run a business helping other people move to live abroad.

They told DailyMail.com the only thing they regret is 'not going sooner'.

The pair were 'doing the American dream' in Colorado before they left, JP said: 'We had the house and the two cars and the mortgage'.

Amelia was out on the road four days a week for her regional sales job, while JP worked from home as a website designer, leaving them very little time to see friends or spend time together.

Amelia said: 'It was stressful, it was draining and it felt like my whole life was about my job - and it wasn't how I wanted to live my life, but I didn’t know what to do - but it’s kind of the American way of life, to be available 24/7.'

The pair have travelled more since moving to Ecuador including to Porto, Portugal

Day in the life: Colorado

4.30am: Amelia wakes up to go to a work out class before work

6.00am: Return home to get ready for work

8.30am: Set off on the road

Meetings and sales calls all day working on products while JP worked from home, he said: 'I was really a hermit, it was not good for me mentally. I just sat in front of my computer and worked all the time.'

4.00-6.00pm: Networking event

7.00pm: Home to eat dinner with JP

9.00pm: Go to bed

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Day in the life: Ecuador

No alarm set, wake up as the sun rises around 6.30am

Take the dog for a walk along the river

A yoga or belly-dancing class

Go shopping and cook lunch together

Do some work in the afternoon

Take a language class

Go out for dinner with friends or play dice at a bar

JP said: 'I still say sometimes when we’re doing something fun: "Amelia it’s Tuesday afternoon!" And we can’t believe we’re doing something so fun on a Tuesday.'

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They were earning around $8,000 a month between them, but were left with nothing after paying their mortgage, student loans and living expenses.

Then, JP got sick. He said: 'When I had my back injury and had to have two major spine surgeries in two months, I couldn’t work, I had a year of recovery, and after that we couldn’t afford the house and the cars anymore.

'We sold the cars and the house and moved into a one-bed in Denver - we were still going into the hole every month because of all the debt. We were in trouble. We didn’t know what to do, it was a very stressful time.'

The pair considered taking out a second mortgage, but they didn't want to get into more debt - already facing student loans and other bills of over $60,000 to pay off.

So they took a leap of faith, and moved to Cuenca, in Ecuador.

Their life changed completely, JP said: 'We’re able to spend our time together, we’ve paid off our debt, we’re able to save for retirement finally. We don’t set an alarm in the morning, we wake up when we wake up - we cook together.

'We were both overweight and we've lost about 50lbs combined'.

Ecuador: Cost of living

In Ecuador, the pair have a combined income between $8,000 and $10,000.

When they first moved, they only spent $1,500/month in total for rent, health insurance, food, travel and entertainment, that has now increased as they realized they don't need to be so frugal.

They paid $800/month for their first three bed, three bath home in Cuenca.

They then paid $2,500/month for a luxury beachfront condo

Private health insurance for $240/month for full coverage for both of them.

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And their cost of living has dropped substantially, meaning they are also able to save for retirement in a way they never were in the US.

JP said: 'I was really close to either dying or being paralyzed from neck down and we realized working towards a retirement we may never be able to afford wasn’t worth it.

'That was when we realized the American dream was dying - that it doesn’t exist any more. Many people are telling us they'll have to work until they die, they’re stuck in this cycle.'

The couple are one of hundreds who have fled rising cost of living in the US fueled by the pandemic and inflation.

Older people are increasingly likely to make the move when they realize they are working for a retirement they may not be able to afford.

At the end of 2021, nearly 450,000 retirees received their social security benefits outside the US, up from 307,000 in 2008, according to the Social Security Administration.

But younger people are moving too - on TikTok, young American influencers share clips from their exotic lifestyles abroad.

Cara Celeste West, 32, was living in Austin, Texas and working as a sales manager when her family decided to up sticks and become 'completely nomadic'.

The family decided to leave the US so they could pay off their debt and enjoy a higher quality of life abroad

Cara said it was hard giving up her life in the US but that she has no regrets

She told DailyMail.com: 'I was living the standard American lifestyle with a standard two-bedroom apartment in a nice area close to downtown Austin.

'My husband and I were both working full-time jobs, each had a vehicle, and could afford to go on weekend getaways from time to time.'

But it wasn't perfect, they were paying $1530 per month for a two-bedroom apartment, and were in about $70,000 of debt.

She said: 'Because we were in so much debt, we did not have the funds to put our daughter in day care so we were working opposite schedules to avoid paying for childcare, which meant we often never saw each other.'

So they made the decision to become 'completely nomadic', she said: 'We decided to sell almost everything we owned and live abroad because we wanted to spend more time together as a family rather than working so much to pay for our living expenses.'

She added: 'And most importantly, living abroad has provided us with a much more sense of safety than in the US'.

@caracelestewest

So many people told me it would be impossible to find a job that would let me work from anywhere. And yes while those jobs are rare it doesnt mean it’s impossible. With the right skills, preparation, networking, and determination you can find one too. Don’t give up, it took me almost 6 months to find the right job for me. Follow for more daily digital nomad inspiration ✈🥰 #digitalnomadlife #digitalnomadgirl #digitalnomadlifestyle #workremote #workfromanywhere #remotework #remoteworklife

♬ Surround Sound - JID

The family travel professionally and are planning to visit the UK and Mexico next

She started a new job as a luxury travel concierge and the family are currently in Greece.

She said: 'Because we are able to bring our U.S. based income to other countries where the cost of living is more affordable we can stretch our income further for our basic needs such as food, healthcare, housing, and child care.'

She said: 'Living in America has, for many families and individuals, become a life of living paycheck to paycheck or borrowing money in the form of loans or putting basic necessities on credit cards.

'Many people are just trying to get by and the financial stress has diminished the quality of life for many.

Inflation hits The American Dream: It now costs a staggering $3.4 million to get married, buy a home, raise children, cover healthcare and retire (plus there's $8k for a funeral!)

The so-called 'American Dream' is the benchmark that many people hope to achieve in their lifetime - getting married, buying a home and a car and raising children.

But new analysis has found that achieving these milestones now costs a staggering $3,455,305 - much more than most Americans will make in their lifetime.

One of the biggest amounts is for paying off a mortgage on a property. The average homebuyer will fork out $796,998, according to Investopedia - assuming a 10 percent down payment and a 30-year fixed loan at 7.2 percent interest.

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'It has not been an easy journey for us, it’s been honestly one of the most challenging things we’ve ever done to part with so many of the material things we worked so hard to obtain but we realized that our main goal was to have a life that aligned with our morals and values.

'Although we live a very minimalistic lifestyle now, living in countries that allow our income to stretch and living below our means, and giving up on achieving the American dream in America, has allowed us to achieve something better abroad - Freedom.'

Last week it was revealed that Americans need an extra $11,400 a year on average to afford the same quality of life they enjoyed in 2021, according to analysis from Republican members of the US Senate Joint Economic Committee.

Colorado is the worst hit state, where residents must fork out an extra $14,995 to afford the same quality of life as two years ago.

Housing affordability slumped to a multi-decade low this year. During the pandemic house prices ballooned from $329,000 in January 2020 to $433,000 two years later, according to US census data.

Mortgage rates have also soared, somebody purchasing a $400,000 home two years ago would pay around $1,623 a month for their mortgage.

The same buyer today faces monthly payments of $2,585 - more than $1,000 extra.

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Between October 2022 and October 2023, car insurance, white bread and shelter were up 19.2, 7.1 and 6.7 percent respectively

As well as negative factors in the US, there are also positive factors pulling Americans abroad.

The process has also gotten easier and for Americans, getting a visa is relatively straightforward.

Forty-three countries - including Greece, Portugal and Spain - have put in place Digital Nomad visas, where you can work remotely for a year or there are Golden Visa pathways, Entrepreneur visas or retirement or work visas.

According to relocation company, Lexidy, the most common country Americans move to is Mexico, followed by Canada and then there are smaller populations in France, Italy, Germany and Israel.

Close to 800,000 Americans are in Mexico alone, 200,000 in France and 72,000 in Greece.

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A potential challenge of remote work for young people is the threat of job replacement by automation or advanced technologies.

Digital nomads aim to achieve a lifestyle of freedom and flexibility through remote work, allowing them to work from anywhere and experience new cultures.

What are critical aspects of the digital nomad lifestyle?

Adaptablity to new cultures and language

Digital nomads pursue a lifestyle that offers economic flexibility, less pressure, and the ability to work remotely while traveling, often seeking to realize the American dream abroad.

What are critical aspects of the digital nomad lifestyle?

A plan for financial stability
work-life balance