The digital nomad lifestyle is defined by the ability to work remotely while traveling, offering individuals the flexibility to choose their location and work environment, supported by technological advancements such as high-speed internet and remote desktop software.

Unlike traditional remote work, digital nomadism often involves frequent relocations, requiring individuals to embrace minimalism and adapt to diverse cultural and economic environments, sometimes leveraging geo-arbitrage to reduce living costs.

This lifestyle, while offering freedom and adventure, presents challenges such as maintaining productivity amidst travel distractions, navigating visa requirements, and coping with isolation or homesickness, necessitating strong self-discipline and planning skills.

Countries like Argentina, Croatia, and Thailand have introduced digital nomad visas to attract remote workers, with varying requirements such as income thresholds, proof of employment, or documentation of remote work.

Argentina’s digital nomad visa allows a stay of 180 days with a single extension, making it accessible for Russian citizens without minimum wage requirements, while Croatia’s visa permits up to one year of residence with a minimum monthly income of €2,300.

Thailand is exploring visa options for digital nomads, including a 180-day visa with extensions, alongside other programs tied to high-income thresholds or corporate affiliations.

Popular destinations like Mexico City and Bali face social challenges due to the influx of digital nomads, as rising housing costs and gentrification strain relationships with local communities.

Political relocations can amplify difficulties for digital nomads, as restrictive visa policies and frequent visa runs create instability and hinder the establishment of a sense of belonging in host countries.

Navigating complex tax systems across multiple jurisdictions and limited access to local payment systems, such as WeChat Pay or Alipay in China, are common financial obstacles for digital nomads.

Legal requirements for digital nomad visas vary significantly, with some countries demanding proof of substantial savings or income thresholds, creating barriers for individuals seeking to legally reside and work abroad.

Economic factors, such as cost of living and housing availability, play a critical role in the feasibility of digital nomadism, with cities like Malaga offering affordable rentals compared to other European destinations.

IT-related freelance work, including programming, web design, content creation, and digital marketing, aligns well with the digital nomad lifestyle due to its remote nature and global demand.

Skills in software development, cybersecurity, and UI/UX design are particularly sought after, offering lucrative opportunities for freelancers who can adapt to diverse projects and work independently.

Mastering tools like AI-driven design platforms, mobile hotspots, and productivity software can enhance efficiency and competitiveness for digital nomads in IT-related fields.

Platforms like Citizen Remote provide comprehensive support for digital nomads, offering visa assistance, rental property listings, global health insurance, and social networking opportunities.

Remote desktop tools like Splashtop are essential for digital nomads, enabling secure access to work computers from anywhere and ensuring productivity despite connectivity challenges.

Essential gadgets for digital nomads include lightweight laptops, portable WiFi hotspots, and multiport USB charging stations, ensuring seamless work setups during travel.

Taxation is a significant challenge for digital nomads, as varying requirements across countries may lead to double taxation risks, though some digital nomad visas offer tax exemptions or relief.

Banking can be complicated for digital nomads due to frequent location changes, but multi-currency debit cards and international bank accounts help reduce transaction fees and ensure reliable access to funds.

Effective financial management includes budgeting for unpredictable expenses, researching local costs, and leveraging passive income strategies like investments in dividend funds or real estate.

Maintaining productivity as a digital nomad requires establishing consistent routines, prioritizing tasks, and creating designated workspaces to balance work and leisure.

Mental well-being can be supported through mindfulness practices, engaging in local cultural activities, and maintaining flexibility in travel plans to mitigate stress and prevent burnout.

Reliable internet connectivity is crucial for digital nomads, with tools like mobile hotspots and remote desktop software ensuring access to work resources even in locations with unstable networks.

Destinations like Vietnam offer reliable internet infrastructure, affordable coworking spaces, and low living costs, making cities like Da Nang, Hanoi, and Ho Chi Minh City attractive for digital nomads.

Vacation rentals and coworking spaces equipped with ergonomic furniture, high-speed internet, and dedicated office areas help digital nomads mitigate workspace challenges.

Adopting a digital nomad lifestyle can lead to a sense of freedom and minimalism but may also result in a loss of cultural and national identity, causing feelings of marginality and disconnection.

For individuals leaving their home country for political reasons, the digital nomad lifestyle can provide an escape but may exacerbate psychological challenges like loneliness and anxiety.

Social impacts of digital nomadism include tensions with local communities due to gentrification and housing crises, leading to accusations of neo-colonialism and displacement of residents.

Malaga, Spain, has emerged as a top destination for digital nomads due to its affordable rental market, strong infrastructure, and the introduction of a digital nomad visa in 2022.

Croatia offers a dedicated visa program and an affordable lifestyle, but restrictive visa rules limit stays to one year, complicating long-term plans for digital nomads.

Social media platforms often present a glamorized view of the digital nomad lifestyle, exposing individuals to misinformation and biased advice that may lead to unrealistic expectations.

The commercialization of social media advice, such as paid promotions by influencers, can prioritize profit over genuine guidance, causing setbacks for inexperienced digital nomads.

Russian IT professionals transitioning to a digital nomad lifestyle face challenges such as navigating Western sanctions and Russophobia, which complicate employment opportunities abroad.

The exodus of Russian IT workers, driven by political and economic factors, requires adapting to new cultural environments and overcoming logistical hurdles like visa regulations.

Digital nomads build professional networks through coworking spaces, which serve as hubs for connecting with like-minded individuals and sharing skills through events and presentations.

Online platforms and job boards are essential for finding freelance opportunities, allowing digital nomads to align their roles with their skills and interests.

Engaging in local communities through volunteering or intellectual exchanges helps digital nomads integrate and foster connections that can lead to new opportunities.

Preparing for the digital nomad lifestyle involves budgeting for fluctuating expenses and using tools like multi-currency debit cards to minimize transaction fees.

Setting up a mobile office with essentials like a lightweight laptop, portable WiFi hotspot, and noise-canceling headphones ensures productivity in diverse environments.

Embracing flexibility and self-awareness is crucial for overcoming homesickness, adapting to new cultures, and managing stressors like isolation in unfamiliar settings.

International health insurance is vital for digital nomads, covering medical expenses and meeting visa requirements in many countries.

Platforms like Citizen Remote simplify obtaining global health insurance by offering adjustable plans tailored to the needs of remote workers.

Ethical concerns arise from the impact of digital nomads on local communities, such as gentrification and housing crises, which displace locals and lead to accusations of exploitation.

Digital nomads can contribute positively by supporting local businesses, engaging in skill-sharing, and volunteering, fostering goodwill and integration into the community.

Language barriers and cultural differences can be addressed by immersing in local communities, volunteering, and engaging in intellectual exchanges to foster mutual respect.

Settling into a new destination often requires months of effort, with coworking spaces and local networks aiding in building connections and navigating cultural nuances.

Flexibility and adaptability are essential for overcoming logistical challenges and thriving in diverse cultural environments as a digital nomad.

IT professionals should prioritize locations with robust digital infrastructure, such as high-speed internet, to maintain productivity and manage remote work effectively.

Regulatory friendliness and ease of doing business are critical factors, as supportive policies for remote workers simplify legal and financial arrangements.

Access to professional communities and coworking spaces enhances collaboration and networking opportunities, while proximity to cultural activities balances work and leisure.

The digital nomad lifestyle is defined by the ability to work remotely while traveling, offering individuals the flexibility to choose their location and work environment, supported by technological advancements such as high-speed internet and remote desktop software.

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Stay Connected Anywhere: Remote Desktop for Digital Travellers
by Verena Cooper
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As the world rapidly adapts to the digital revolution, we are witnessing the rise of a new type of worker: digital nomads.
Digital nomads are professionals who work remotely using technology, enabling them to travel and live a lifestyle unrelated to location.
This trend of nomadic working life is more than just a fad; it ’ s a sweeping shift in the way we look at work, and it ’ s made possible thanks in large part to advances in technologies such as remote storage and remote desktop software.
Remote desktop storage has become an important tool for digital nomads.
With it, they can access their work computer or office network from anywhere in the world as long as they have an internet connection.
This ability to work remotely not only provides flexibility, but also allows digital nomads to maintain high levels of productivity wherever they are.
Splashtop understands the complexity of this lifestyle and is committed to providing solutions to address the unique challenges faced by digital travelers, such as connectivity issues and secure access to remote resources.
We strive to improve the flexibility provided by this lifestyle, aiming to make the world a seamless workspace.
With the right remote desktop and remote storage tools, the world can indeed be your workplace.
That ’ s the power of technology today – it makes geography irrelevant, it ’ s changing the way we work, travel and live.
Welcome to the digital nomadic world powered by Splashtop ’ s remote desktop solutions.
Defining digital nomads and their challenges
Digital nomadism is the practice of doing work by relying on digital technology, often for remote work from abroad.
This lifestyle offers enticing benefits such as flexibility, freedom and the charm of travel.
However, this is not without challenges.
The key is connectivity issues due to different global internet stability and maintaining productivity in different time zones and environments.
The right tools, including reliable remote desktop software, can help address these challenges and make digital nomadic a rewarding and efficient way to work.
Remote Desktop: Solutions for Digital Travellers
Remote desktop software bridges the connection between your device and computer by using the Internet as a medium.
This process involves using two applications, even the "client" application on the portable device and the "proxy" application installed on the desktop.
This duo enables you to establish a remote desktop connection that effectively lets you control and interact with your desktop, regardless of time and place, as if you were immersive.
Basically, you can control your primary computer, access files, use apps, and even perform complex tasks from a remote location, all as if you were sitting in front of your computer.
Digital nomads can leverage remote desktop technology to dramatically increase their productivity.
For example, let ’ s say you ’ re a digital hobbyist who often uses specialized software installed on your home computer.
With remote desktop storage, you can use your laptop or even tablet to run this software from anywhere in the world without having to carry your home computer with you.
Alternatively, you may be a software developer or graphic designer (and also a digital nomad!) and you may need access to a powerful home desktop for coding or testing.
By using remote desktop software, you can take advantage of the processing power of your home computer to run intensive applications smoothly while traveling from a portable laptop or even tablet.
As a digital hobbyist, you may be worried that the main computer in your home is going into sleep mode, which may interrupt your remote storage.
This can interfere with your workflow, especially if you are in a different time zone or location.
However, with Splashtop, this concern is a thing of the past. Splashtop offers a “Wake Up Computer ” feature specifically designed to wake your remote computer from its sleep state.
This feature ensures that you can always connect to your computer, no matter where you are in the world, providing an uninterrupted, reliable remote storage experience.
Remote desktop tools also provide secure access to your files without the need to sync or transfer them across devices, reducing the risk of data loss or theft.
This technology is also beneficial when digital nomads need to collaborate with team members in real time, as they can remotely access a colleague ’ s computer to get help or perform a task.
One of the major benefits that remote desktop storage brings to digital travelers is the ability to overcome the unpredictability of travel.
Whether it ’ s an unforeseen situation that causes a hardware failure, or simply an inability to access a specific document, a remote desktop solution can provide the necessary buffers to keep your workflow running smoothly.
One such solution is Splashtop, which is designed to provide secure and reliable remote storage. With a user-friendly interface and strong connectivity, Splashtop supports a seamless remote work experience.
It is an effective tool for connecting to your main computer from any other device (laptop, tablet or even smartphone).
Its cross-platform features allow you to work across operating systems without compatibility issues.
All of this doesn ’ t require a lot of technical setup. All you need is an internet connection.
With Splashtop or similar tools, the world truly becomes a workspace for digital hobbyists, making geography a consideration of the past.
Tips for Using Remote Desktop Storage Effectively
Choosing the right remote desktop tool is critical to getting the benefits of this technology.
When choosing a tool, consider factors such as ease of use, reliability, speed, and security features.
Compatibility with different operating systems and devices is also an important factor, especially for digital nomads who may use various devices.
Ensuring safe and smooth remote storage is just as important.
Find tools that provide robust security measures such as two-factor authentication and data encryption.
A reliable internet connection also plays a vital role in ensuring smooth access.
It is recommended to use backup connection options in case of network instability, such as portable Wi-Fi or mobile hotspots.
With Splashtop ’ s adaptive streaming technology, you can still experience high-performance remote storage even on less than perfect internet connections, ensuring a seamless digital nomadic experience.
With Splashtop Remote Desktop Software, you will be able to...
• Work from home or anywhere in the world by accessing your work computer from any device without having to worry about transferring data to the cloud or investing in additional hardware or software licenses.
• Experience real-time, high-definition viewing of a remote computer screen, delivering up to 4K streaming at 40 frames per second for a low-latency remote storage experience.
Control your computer remotely from another computer, tablet, or mobile device as if you were sitting directly in front of it.
• Direct access and modification of any document on a remote computer without cloud upload or email transfer.
• Operate any software on a remote computer, from Adobe Creative Suite and video editing applications to CAD programs and much more.
Security is a top priority at Splashtop, and we protect your and your company ’ s data with encrypted connections, multi-level password options, two-factor authentication, and other features.
Learn more about Splashtop ’ s security and sign up for a free trial to experience it for yourself!
Conclusion – Remote Desktop for Digital Nomads
Embracing the digital nomadic lifestyle requires versatile tools to meet the unique challenges of remote work.
Remote desktop storage is an indispensable tool that increases flexibility and ensures productivity no matter where you are.
It allows you to access and control your main computer from a remote location, use specific software, and securely access your files.
Tools like Splashtop provide a seamless remote work experience that digital hobbyists anywhere in the world can rely on.
By offering a combination of strong connectivity, cross-platform compatibility, security features, and high-performance streaming, Splashtop is the ideal companion for digital hobbyists, hybrid workers, and remote workers.
Ready to unleash your full potential as a digital nomad?
Learn more about Splashtop ’ s remote desktop software and discover how it can revolutionize your remote work experience.
Sign up for a free trial now!
Verena Cooper
Verena is an International SEO Manager at Splashtop.
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Unlike traditional remote work, digital nomadism often involves frequent relocations, requiring individuals to embrace minimalism and adapt to diverse cultural and economic environments, sometimes leveraging geo-arbitrage to reduce living costs.

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Content: Drop everything and sail around the world
In recent years, the global media began to vigorously promote "travel living", translated from English - travel-life.
Its supporters are called digital nomads, or digital nomads.
They are not attached to the place of residence and work and are ready to trade comfort, stability and career prospects for life in continuous motion.
In the US alone, this philosophy is shared by 22 million people, or one in 15 Americans, in the world – 35 million, and by 2030, the number of digital nomads on the planet is projected to grow to one billion people.
Experts believe that this is the way to form a “seamless ” world with a“ connected person ” without roots.
Photo: Parliamentary GazetteParliamentary Newspaper
Down with office stress
Video of the day
The first digital nomad was an American writer and programmer.
In 1983, he set off on a computerized bike and completed it on a yacht in 2021.
The revival of the ancient nomadic way of life in the 21st century has become possible thanks to the Internet and IT technologies, and the pandemic of the covid with a remote format of work has spurred it.
By 2030, the number of digital nomads could reach a billion people.
What kind of people are these?
The first group is digital.
Programmers, project managers, graphic designers, journalists, writers, lawyers, translators, analysts, testers, copywriters, video editors, product managers.
Six months in the Maldives, three months in Barbados or the United Arab Emirates, where the world ’ s fastest mobile Internet.
The second is adventurers and wanderers.
The third is mortgages, for which loan payments are more expensive than permanent tourism and being in cheap areas of the world.
The philosophy of digital nomads is to untie themselves from their place of birth and one job.
Choose countries where the best climate, cheaper food, where there are no toxic offices, civil duties, but only the right to live in pleasure.
Digital nomads consider themselves the chosen ones of fate, because, in their opinion, they make the free choice of a free person.
Life in motion, they argue, is not bliss, but the norm.
Their favorite slogan is “The values of minimalism make us happy. ”
Nature, freedom, unprocessed food, physical activity...
A lot is said about this on their profile sites.
Anxiety and desire to change places
Hunting for a change of places is a problem of motives, and they are different, correspondent member, philosopher, chief researcher of the Institute of Sociology of the Russian Academy of Sciences Jean Toshchenko told the “Parliamentary newspaper ”.
Someone just has the opportunity to choose the best conditions of life and work.
Others have the pressure of economic circumstances.
This is facilitated by the growing class of precariat (people working in low-paid and unstable jobs without social guarantees - sick leave, vacation, with a reduced salary).
The transition from permanent to part-time, temporary, part-time employment makes it easier for such people to get out of place and go wherever they look.
Another category is those who, in principle, do not care about the content of the work, says the scientist.
They expect to find something to do everywhere.
From here the ease of lifting.
Finally, there are those who choose a way of life where civil obligations do not prevail over them.
An expert from the United States John Peters in a sensational article “Exile, Nomadism and the Diaspora ” called the opposition of nomad and state as the key idea of the movement.
Many travelers begin with the term “climate emigration ”, but constant mobility erases the boundaries of cultural and national identity.
As a result, the concept of homeland is also being rethought, and this is already marginality, he concludes.
A typical portrait of a digital nomad, according to the Nomad List survey, is a minimalist with a laptop, a backpack, a bachelor ’ s degree, a passport and a cup of coffee.
Lives in one place for an average of 70 days.
At the heart of the mentality is anti-materialism and contentment with small things.
The most attractive side of travel is cheapness, according to one of the profile sites.
Nomadism saves a lot of money because the costs of maintaining the property, maintaining the car, parking, winter clothes disappear.
It is fascinating and good for health.
The main cost item is renting a roof over your head and food.
Geo-arbitrage helps to live better and cheaper – the use of price differences between countries.
Peace in your pocket and nothing of your own
Some researchers call traveling a new socio-economic model.
It echoes the program slogans of the “great reset ” of the world proclaimed at the Davos Economic Forum.
According to it, the preservation of the planet in the interests of future generations requires tightening the belts of the living, limiting economic growth and reducing consumption.
The projected image of the future assumes that a person will be available to the whole world, a lot of services, but at the same time he will not have anything of his own.
Globalizers argue that property and binding to a permanent place of residence burden and encroach on the personal freedoms of citizens.
Why buy a house when you can rent it?
Why a personal car when there is carsharing?
Why save money when you can have a basic guaranteed income?
Why spend money on heating an apartment, if you can go to the warm lands for the winter?
When a person has no stake or yard, it is especially easy.
Modern nomads often call themselves citizens of the world.
The nomad is always online, and it is more convenient for him to communicate even with friends online, rather than offline.
Therefore, some experts have given it the definition of “connected person ”.
The unwritten motto of digital nomads: movement is everything, goal is nothing.
There are 300 people in the world who have visited all 196 countries of the world (including unrecognized territories).
Among them are Australian Rach and Slovak Marty.
The women described the adventures of the 15-year-old circumnavigation in the blog “Very Hungry Nomads ”.
They set out to inspire the women of the world to live without office stress, work on the beach, expand horizons and embrace new thinking.
Travelers sold out all the property and lived with luggage from two backpacks of hand luggage.
The focus of their project was food.
Odyssey cost 274 thousand dollars.
Her conclusion: the most delicious food is in Ethiopia, Afghanistan and Uzbek farmers.
The number of nomadism activists in Russia is also increasing.
For example, ethnologist Mikhail Zarubin traveled to 193 countries for 10 years and wrote a book for children “Tales of Young Travelers ”.
Four years more spent on the circumnavigation of his friend, the photographer.
150 hotels annually - the norm for Lisa and Vitalik, whose journey lasts 12 years.
Many other travel bloggers share their impressions on the website travcave.ru.
Traffic infrastructure
The digital nomad relies on infrastructure.
A digital nomad visa allows individuals who earn an income of at least $2,000 from a foreign jurisdiction to legally stay in the country longer than tourists.
Its price in Brazil is 72 dollars, in Greece - 75, Costa Rica - 100, Argentina - from 120 to 240, in Bermuda - 260, in the Bahamas and in the UAE - a thousand dollars.
Validity from 180 days to 10 years.
In countries where there is no such visa, nomads often live on tourist and even student, and the authorities turn a blind eye to this.
The elements of infrastructure are also coworking and coliving (common spaces where you can live and work with like-minded people).
The number of the first, according to forecasts, by 2025 will reach 26 thousand, and the second annually grows by a third.
In Russia, too, there is a coliving - "Station Smena".
It provides, according to the presentation, a unique opportunity to combine work and party.
Remotely you can work from home, public libraries, cafes - if only there was an Internet and a laptop.
The wealthier ones move around in offices on wheels.
However, the vans at home with a table, a lot of sockets, chargers and a background for conferences are like a luxury German crossover.
The system of hubs for nomads is characterized by a favorable climate, high-speed Internet, an easy visa regime and a low cost of living.
The most attractive locations are Chiang Mai (Thailand) and Bali (Indonesia), in Europe - Lisbon, Gran Canaria and the island of Madeira, in America - Medellin, Mexico City and Buenos Aires.
If the money runs out, nomads can spend the night in churches for free, in extreme cases - in a tent, especially since they do not tend to cold lands.
Someone on occasion earns remote trade, hand-made, bartenders, guides, DJs and VJs, nurses, teachers and what God will send.
As befits a philosopher, Jean Toshchenko is not surprised:
“The world is entering an era of great migration of peoples, similar to the one that took place 15 centuries ago.
The process of global migration is driven by economic, political and climatic factors.
And this general mobility affects all of humanity, making it dynamic. ”
The philosophy of individualism
And if everyone wants to live on an eternal journey, who will remain in their native country and will improve it?
Is there a balance between personal freedom and civic responsibility?
Is not the sense of patriotism atrophied, for example, among the digital class, part of which has amicably rushed outside Russia?
The balance between freedom and responsibility was sought by Voltaire and Belinsky.
They are looking for it and will be looking for it at all times, ” the chairman of the Council for the Development of the Digital Economy evasively replied to the Parliamentary Newspaper.
First Deputy Chairman of the Committee for Tourism and Tourism Development Nikolai Valuev did not hide skepticism from our publication:
“No matter what you dream and want, people will always be tied by a bunch of circumstances to the place of residence.
Work, habit, property, kinship and social ties, so these cosmopolitans will always be in the region of statistical error. ”
Comparing digital nomads, immigrants and relocants is incorrect, said the development director of VTsIOM Consulting.
The concept of “digital-nomadism ” develops a philosophy of individualism, he told“ Parlamentskaya Gazeta ”.
Its values: freedom to choose life goals, ways and places of work, the desire for openness of information, intolerance of discrimination and the conditional “seamless ” of the world.
At the same time, nomads, earning in their country, spend money in a foreign country.
How should this state be treated?
Why in the US with a population of 330 million people, Trump in his election program promises to introduce maternity capital for a new baby boom?
"Any government wants its citizens to work at home and develop the domestic economy," Yermolaev said. - The generation of the first baby boom is close to retirement age, which increases the burden on social infrastructure and reduces the number of able-bodied people.
And the digital nomad community in the US is growing.
According to MBO Partners, there are 16.9 million, and according to Nomand List, 22 million.
If the trend continues, the country ’ s economy will face a serious challenge in the coming years. ”
In Russia, according to Nomad List, digital nomads are still relatively few - 2.3 million.
And yet they should be taken seriously, urges the dean of the Faculty of Economics.
As a rule, nomads do not seek to part with the country, they can continue to work for domestic companies, benefiting the state.
And in order to preserve this human capital, to prevent its possible leakage, an income tax of 13 percent should be saved for this category, the economist believes.
According to the current rules, tax non-residents - people who have been in Russia for less than 183 calendar days for twelve consecutive months - must pay income tax not 13 percent, but 30 percent, besides they are not entitled to tax deductions.
As the head of the State Duma Committee on Labor, Social Policy and Veterans Affairs Yaroslav Nilov told our publication, all the necessary regulation in the field of remote employment was developed and fixed in Chapter 49.1 of the Labor Code even during the coronavirus pandemic.
Thanks to this, many workers today work remotely, most of them within the country.
Any changes to the law will also affect them, he explained.
This is usually used in a situation where there is an imbalance of interests of employers and employees.
“If people continue to perform their duties in accordance with labor contracts, taxes and payments are deducted from their income, then why invent something? ” the deputy concluded.

What are critical aspects of the digital nomad lifestyle?

Adaptablity to new cultures and language

This lifestyle, while offering freedom and adventure, presents challenges such as maintaining productivity amidst travel distractions, navigating visa requirements, and coping with isolation or homesickness, necessitating strong self-discipline and planning skills.

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Content:   • Your one stop for college news and resources!
Featured, Features, Study Abroad

A Guide for College Students Embracing the Digital Nomad Lifestyle

A digital nomad is someone who works remotely and travels often. Their work doesn’t require them to report to an office or adhere to a strict schedule. Instead, they can work anywhere in the world, doing the job they love.

It’s no wonder this lifestyle is appealing more to college students. They can travel the world while studying and working abroad. That said, being a college student and a digital nomad is a challenge. It’s not like a vacation where all you have to worry about is enjoying yourself.

You have to learn how to balance the fun of traveling with work and school commitments. The following tips will help you do just that.

Understand What the Digital Nomad Lifestyle Will Be Like

You have to understand what the digital nomad lifestyle will be like if you want it to work out. You can assess whether this life is for you, and better prepare for it if you decide that it is.

Here are some critical points to consider about the digital nomad lifestyle:

  • A work-life balance is a must
  • Traveling often can be exhausting
  • You must ensure access to healthcare
  • You need a plan for financial stability
  • You’ll have to adapt to new cultures and languages
  • Knowing visa requirements and other legal requirements is essential
  • You might experience homesickness, especially if you go international
  • Balancing school with work and life in a new place is a big commitment

Dig into these factors and research all you’ll have to do and give up to be a digital nomad. Then, you can make an informed decision about moving forward.

Master Time Management

You’ll have to take your time management up a few notches if you want to be a digital nomad.

It’s one thing to balance life and school. It’s another to balance life, school, traveling, and potentially, work. You must learn how to divide your days so that you pay each of these things the attention they need. In addition, time management will ensure you don’t burn out.

Start with a routine to build some consistency into your days. Wake up at the same time regardless of your schedule and get ready for your days the same way.

You can establish priority tasks the night before, like your classes, if you’re working, and when you’ll study. Set aside time for breaks, meals, and leisure time as well. Building these activities into your schedule will ensure you actually do them.

Attach times to each task and activity. For example, you have classes from 8 a.m. to 12 p.m. Next, you’ll have lunch from 12 p.m. to 1 p.m. After that, you have work from 1:30 p.m. to 6:30 p.m. Then, you’ll study from 7 p.m. to 8:30 p.m., and the rest of the night is yours.

Manage your time wisely and you can achieve everything you set out for each day.

Learn How to Stay Productive

One of the biggest challenges digital nomads run into is staying productive. All of the fun activities you can do when you travel to a new place can be distracting. It might be hard to stay motivated when you’re homesick. Technical and logistical issues can impact your productivity as well.

So, learning how to maintain peak productivity while studying and working on the road is essential.

Adhering to the routine we mentioned above will help keep you focused. Eliminate distractions while working by turning your phone on Do Not Disturb and muting social media apps. Create a designated workspace. You could also incentivize productivity by promising yourself a fun activity after you complete your work.

Secure your tech setup as well to maintain optimal productivity. Make sure you have the basics, like a good laptop set up with the proper work and school software and noise-canceling headphones.

Another crucial tool to have is a mobile hotspot. A hotspot ensures you can connect to the internet wirelessly on your mobile devices from virtually anywhere. This will come in handy when you travel internationally or to places with spotty internet connections. No matter where you are, you can still access your studies and any work you’re doing online.

Equip yourself with the right tools and techniques to stay productive as a digital nomad.

Choose Work That Aligns With Your Studies and Interests

Digital nomads are known to take many different directions with their work. You have options and can easily make a living while studying and traveling abroad. The key is ensuring the work you do doesn’t distract from your education and pull you away from who you are.

You’ll have a much better experience as a digital nomad if you choose work that aligns with your studies and interests. Rather than taking the barista job at the local cafe, work with your school to see if there are any work-study opportunities where you’re traveling.

You can also take the job search into your own hands. Search for job openings before you head to your destination through online job boards. Ask for referrals from fellow students.

Consider fully remote positions as well. There are many work-from-home jobs available that can accommodate a college student’s digital nomad lifestyle, such as being a tutor or a content writer for subjects related to your major.

Whatever work you decide to do, make sure it doesn’t take away from your studies and aligns with who you are and what you want to be.

Conclusion

Many college students are attracted to the digital nomad lifestyle because it allows them to travel freely while studying and working where they want to. As enticing as this life is, being a digital nomad isn’t void of challenges.

Make sure you understand what you’re getting into, master time management, learn to stay productive, and choose work that aligns with your studies and interests to give yourself a real chance at a successful digital nomad life.

SEE ALSO: How to Choose the Right Student Housing in the U.S.

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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Countries like Argentina, Croatia, and Thailand have introduced digital nomad visas to attract remote workers, with varying requirements such as income thresholds, proof of employment, or documentation of remote work.

Title:

Content: The huge influx of Russians in Latin America
Argentina and Brazil were among the most popular destinations for emigration of Russians after the full-scale invasion of Ukraine, writes The Wall Street Journal.
In total, for 2.5 years of war, more than 135 thousand citizens of the Russian Federation moved to these Latin American countries.
Argentina received about 75 thousand, follows from the data of the migration authorities.
Russians prefer to settle in Buenos Aires, mainly in the areas of Palermo and Belgrano, famous for their trendy restaurants.
New residents open Russian-speaking beauty salons, bars, cafes, kindergartens and small theaters.
There are also many digital nomads in the capital of Argentina.
The Digital Nomad visa is granted for 180 days with the possibility of a single extension.
It can be obtained by any foreigner who is able to document remote regularly paid work.
There are no minimum wage requirements.
Pregnant Russians were the first to arrive in Argentina, as the country grants immediate citizenship to newborns and their parents temporary residence and work permits, allowing them to quickly obtain a local passport.
However, to take root in Argentina is not so easy, given its long history of financial turmoil and the current economic crisis.
Now the country is struggling with an annual inflation rate of 272%, one of the highest in the world, and a poverty rate of 56%.
60,000 Russians moved to Brazil.
Most of them chose the city of Florianopolis with a population of 500 thousand people, located on the west coast of the island of Santa Catarina.
Over the 2.5 years of the war, Russians have invested more than $300 million in the country ’ s economy, mostly in real estate, according to estimates by international immigration consultancy Hayman-Woodward, based on official data.
Newly arrived residents say they are attracted by the city ’ s cooler climate and lower crime rates than São Paulo and Rio de Janeiro.
In the southern states of Brazil already live the descendants of numerous Russian Jews and immigrants from Germany, who immigrated after the two world wars of the last century.
“They are looking for a place where there is at least some similarity to where they come from, ” says Hayman-Woodward CEO Leonardo Freitas, explaining why most of the arrivals chose the south of Brazil, where winter is in full swing.
Brazil also provides benefits to new parents, allowing immigrants to apply for citizenship after the birth of a child in the country.
The passport of both this country and Argentina allows you to freely travel to the European Union at a time when it became very difficult to get to Europe with a Russian document due to sanctions against the aviation industry, tougher visa requirements and other restrictions.

What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Argentina’s digital nomad visa allows a stay of 180 days with a single extension, making it accessible for Russian citizens without minimum wage requirements, while Croatia’s visa permits up to one year of residence with a minimum monthly income of €2,300.

Title:

Content: Thousands of digital nomads staying in Croatia, longer stay problematic

NEWS 12.02.2023 15:31

Croatia, a country with a dwindling population, has become a hot destination for digital nomads - mostly young, highly educated and rich foreigners. Thousands of them are staying in the country, but the small number of those wishing to stay longer have to be resourceful as the law does not allow a stay of more than one year.

The global number of digital nomads is estimated at around 35 million. According to some estimates, that number is expected to reach one billion by 2035.

Croatia ranks high on the list of digital nomads’ favourite destinations. Even though data vary, depending on the source of information, a survey conducted by the Nomad List platform shows Croatia is globally the most attractive destination for digital nomads.

Croatia is a small country but what it offers is diverse so it attracts different groups of digital nomads, says Jan de Jong, founder of the Digital Nomads Croatia association.

The Dutch, who lives in Croatia, in 2020 launched amendment of the relevant laws owing to which Croatia introduced, as one of the first European countries to do so, a visa for digital nomads, enabling citizens of third countries to stay in the country for up to one year.

10,000 digital nomads staying in Croatia on a monthly basis

De Jong notes that one of the main reasons why digital nomads come to Croatia, besides infrastructure, which mostly includes the need for a good internet connection and an established community of digital nomads, is the lifestyle Croatia offers, which, in an addition to everything else, is very affordable.

That lifestyle seems to be very affordable to digital nomads, as an average digital nomad makes around €6,500 a month, according to Nomad List.

At the end of January 2023, there were 595 valid visas for digital nomads in Croatia, according to data from the Ministry of the Interior, however, that figure is much below the actual number of digital nomads staying in Croatia because it refers only to third-country citizens staying here for more than three months.

To get a complete picture of the situation, one should take into account EU citizens, who move freely throughout EU territory, including Croatia, without time limitations, as well as the large number of digital nomads from third countries staying in Croatia for less than a month.

The Ministry of the Interior says that it does not keep a record of the latter two categories of digital nomads, so their number can only be estimated.

Judging by trends for individual cities, including Zadar, Split and Zagreb, on the Nomad List platform, de Jong concludes that roughly 5,000 digital nomads arrive in Croatia a month. If every digital nomad is estimated to stay in Croatia for two months, one can say that around 10,000 digital nomads are staying in Croatia every month.

Meanwhile, after Croatia was one of the first European countries to introduce visas for digital nomads, other European countries have followed suit.

In addition to the basic requirements, such as remote work or self-employment and a certain minimum monthly income, which in Croatia amounts to €2,300, while in Iceland it is more than €6,000 – the visa for digital nomads also regulates the longest allowed stay in the country.

Croatia is one of the countries with more restrictive rules because if a digital nomad likes the country and wants to stay for more than a year, they must leave the country for at least six months in order to be able to apply for a visa again.

On the other hand, in other European countries the visa can mostly be extended, depending on the country, for example, in the Czech Republic a digital nomad visa can be extended for a period of three years in total.

Purpose of visa country’s tourist promotion

Even though de Jong says that the purpose of the visa for digital nomads was never to allow permanent stays, he notes that a certain number of digital nomads contact his association looking for advice on what to do if they want to stay in the country.

Asked if there is a legal way to extend the visa, the Ministry of the Interior says that that option does not exist and that it cannot even be extended with a permit for extended tourist stay.

The ministry explains this with the fact that the sole purpose of visas for digital nomads was “Croatia’s tourism promotion.”

One of those who got caught in that legal limbo is Steve Tsentserensky, a copywriter from Ohio, USA, who was among the first digital nomads to get a visa in Croatia.

During his six-month stay in Zagreb, he fell so much in love with the city that he decided to return for a longer period of time.

Asked how he would do that, because the law restricts his stay, unless he marries a Croat, establishes a company or finds employment, he says that he will do what is feasible to regulate his stay and probably again apply for a visa for digital nomads.

He stresses, however, that it would be good if the visa could be extended for a longer period of time, without applicants having to leave the country because they all have the possibility to reapply after the expiry of the six-month period, and the conditions are completely the same.

Another digital nomad, a woman from the USA, who spoke on the condition of anonymity, said that after the expiry of her visa she did not want to leave the country and that, even though she kept the same job for which she receives a US salary, she found the solution in a fictitious employment contract.

Somebody offered me a work permit, she says cautiously. She considered other ways as well, such as starting a business, and was also advised to marry, but she believes that with the work permit she has also found a way to contribute to the community she lives in by paying taxes, because as a digital nomad she does not have to do it.

Both Americans like the relaxed lifestyle of Zagreb residents, which is why they want to stay for some time.

They did not say how long, but the woman said that she is actively learning Croatian and not thinking about leaving the country.

When they stay longer, they become immigrants

Caroline Hornstein-Tomic, a researcher at the Ivo Pilar Institute of Social Sciences, says that digital nomads are usually highly educated people, mostly in their 30s, who are also excellent consumers.

“If they decide to stay longer, they become a kind of immigrants,” she says and adds that there is still no research in Croatia on how digital nomads impact local communities, but that that impact certainly exists.

They boost tourism as well as other sectors of the economy, they have encouraged the development of infrastructure and the establishment of numerous hubs, as well as services that meet their need to get along in the new country, she says.

Hornstein-Tomic says that she has interviewed some of the nomads who have been staying on Dalmatian islands, and that she has heard about their positive experiences with the local community.

“Those who have decided to stay longer are interested in local jobs or business development, and they also do volunteer work, so apart from financial resources, they also have knowledge that they like to share,” says Hornstein-Tomic.

Commenting on the demographic potential of that group, de Jong says that digital nomads follow new trends and no longer go to countries where they have better-paying jobs but rather those where they like the lifestyle, bringing their well-paid jobs with them.

He thinks that the current remote work revolution will continue and that a reversal of the trend is not likely.

That trend can be the biggest opportunity for Croatia, from where around half a million people have emigrated over the past ten years looking for better-paying jobs, says de Jong, who has lived in Croatia for the past 16 years.

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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Which countries have become popular for Russian emigres after the invasion of Ukraine?

Thailand is exploring visa options for digital nomads, including a 180-day visa with extensions, alongside other programs tied to high-income thresholds or corporate affiliations.

Title:

Content: Thailand extends visa-free regime for Russian citizens up to 60 days
Now this norm has become permanent.
The Thai government has replaced the temporary 60-day visa-free period for citizens of Russia and 93 other countries with a permanent one.
According to IA "Khabarovsk Territory today" with reference to RIA Novosti, the relevant order approved by the head of Prime Minister Settha Thavisin, was published on the eve of the state edition of the Royal Government Gazette, similar to the Russian portal of legal acts.
– To allow holders of passports or documents replacing the passport of countries and territories on the following list, temporary entry into the territory of the Kingdom for tourist purposes for a period of up to 60 days.
This order is valid from July 15, 2024, - stated in the published document.
It is noted that Russia and Thailand for more than 15 years provide on a mutual basis a 30-day visa-free entry to citizens of the Russian Federation to Thailand and citizens of Thailand to the Russian Federation in accordance with the intergovernmental agreement on this issue.
In addition to it, currently for Russians there is a 60-day visa-free entry to the Kingdom, which was allowed by a separate order of the Ministry of Internal Affairs of Thailand from April 30 unilaterally and as an exception, it is valid until October 31.
In addition, as reported by TASS, the Ministry of Internal Affairs of Thailand recently published a number of proposals that provide for the introduction of visa exemptions for “digital nomads ” working remotely around the world, and those who are going to receive education in Thailand.
They all received the support of the government.
Thus, foreigners who plan to work in the kingdom will be allowed to stay in the country for up to 180 days with the right to extend for another period of time on a special visa, the validity of which is 5 years.
The same visa can be obtained by those wishing to engage in Thai boxing, the study of Thai cooking, medical tourists, participants of scientific and music festivals.
In addition, foreign students who have received at least a bachelor ’ s degree in Thailand will be able to stay in the country for one year after graduation.

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

Popular destinations like Mexico City and Bali face social challenges due to the influx of digital nomads, as rising housing costs and gentrification strain relationships with local communities.

Title:

Content: The Latest
A Computer Goes the World: What do digital nomads bring to local communities when they go to work around the world?
From Mexico to Iceland, how is the impact of digital nomad tourists traveling to destinations around the world?
The digital nomad life has boomed since COVID-19 and the fall of travel restrictions, but some on TikTok think the new type of traveler could be causing more harm than good.
Credit: Daria Mamont, Unsplash
Cassie, a digital nomad from Australia, came to Bali to work for two months.
She wanted to experience the local community, but instead she stumbled upon the “mini Australia ” of Canggu.
Cangu is a popular tourist attraction in Indonesia, favored by many digital nomads.
Kathy works as a virtual assistant around the world. In 2020, when she realized she could work anywhere, she thought of working as a virtual assistant on TikTok.
When her lease ended last year, she gave up office work and commuting to work remotely from her favorite place, taking charge of virtual social media and email management.
She has seen firsthand the positive and negative impact that digital nomads can have on local communities.
Canggu has become a popular destination for digital nomads escaping the traditional desk life.
Credit: Cassie Gallegos, Unsplash
"A lot of westerners have bought [Kuragi's] restaurants and villas and they really drive up prices, which in some way pushes locals out of the market," she said.
Digital nomads thrive in the era of telecommuting, often in freelance digital roles such as social media management or content creation, and even finance, where they revere the freedom to live and work overseas, free to choose their working hours and decide how to spend each day.
They are also being welcomed by the tourism and hospitality industry, with co-working cafes offering cocktails and swimming pools, while co-op hotels offer high-speed Wi-Fi and group activities.
Canggu is full of signs encouraging tourists to work remotely, and the economic benefits of tourism provide opportunities for the region.
But, as some have questioned on TikTok, is the digital nomadic movement a kind of neo-colonization?
Tourists come and go, but digital nomads can stay in one place for weeks, months or years, potentially exacerbating gentrification and the housing crisis.
Recently, The New York Times reported that Mexico City has become a hub for digital nomads, but the surge has exacerbated the pressure on the already tight housing market, making it unaffordable for locals.
Housing activists accused city leaders of allowing “modern colonization. ”
The rise of digital nomads
Countries around the world are embracing the era of digital nomads, with 50 countries, including Dubai and Iceland, offering specific visas for this new type of traveler.
To work remotely in Mexico, you need to prove that you have $43,000 in your savings account in the past 12 months; to Portugal, you need to have at least $4500 a month in income; to Indonesia, you need to have more than $200,000 in savings but can do “investment and other activities. ”
The requirements mean many digital nomads use tourist visas to leave the country when their visas expire, just to re-enter.
According to the Australian Broadcasting Corporation, between January and September last year, 3,000 foreigners entered Indonesia on B211A tourist visas for telecommuting.
One enthusiast of the digital nomad industry predicts that there will be 1 billion digital nomads by 2035, driven by factors such as the rise of high-speed internet and freelancing, as well as declining home ownership and marriage rates.
Are digital nomads taking part in the new colonization?
Some communities are opposed to the influx, and Mexico City residents say they see gentrification and housing drain problems triggered by foreigners seeking cheaper accommodation.
Anthropologist Shaun Busuttil, a PhD candidate at the University of Melbourne who studies digital nomads, believes that digital nomads are undergoing some form of neo-colonization, but it ’ s not all black and white, or good and bad.
In an interview with Erik Muth of YouTube ’ s Rising Nomad channel, Basutil explained: “Historically, colonialism was when a group of people with more power or resources came into a place and effectively took over it and used the space for themselves. ”
“What are we doing as digital nomads? We go into these places, take over them, and enjoy their low cost of living. ”
Shops and businesses will eventually cater to the financial prowess of new visitors, Bousutier believes.
“So the old-fashioned fruit and vegetable shop that has been in town or village for generations now has suddenly turned into a cafe to attract digital nomads.
Is digital nomadism, then, a form of neocolonialism? ” he asked.
"Well, we're coming in and we're effectively taking over," he said.
"Look at Lisbon, or even Mexico City, or Barcelona, where locals are being replaced by foreign teleworkers and digital nomads," he said.
He told Moos that while it was usually those with fewer resources who were most affected by gentrification, those with more resources were able to take advantage of the economic opportunities offered by tourism.
How to avoid causing problems?
Keith thinks deeply about the impact on the communities he visits and how it can have a positive impact.
"As a digital nomad, I feel like we should make sure we contribute to the local economy - eat at local restaurants, stay locally and pay a reasonable fee for that," said the statement.
Both Busutil and Casey believe tourists should pay the full price, not haggle.
“It ’ s important to be aware of the impact you have on the local area, ” says Casey.
"That way you can walk into the local community, eat at the local restaurants, stay in the local area, and give back to the local community," said the statement.
At the moment, Casey likes the pace of life of digital nomads and has no plans for a pause.
“Being able to finish work in the morning and then off work and take an adventure in the afternoon – I experienced paragliding in Laos and was great and went swimming to see the waterfall – I think when you can schedule your own time, you can experience more from life. ”
Download the app SBS Audio and follow Mandarin. You can also listen to and download SBS Mandarin audio stories anytime via Apple Podcast, Google Podcast, Spotify and other podcast platforms.
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Published 24 May 2023 11: 28am
Updated 5h ago 11: 48am
By Edwina Storie
Source: SBS
Available in other languages

Why are some local communities resisting digital nomads?

Political relocations can amplify difficulties for digital nomads, as restrictive visa policies and frequent visa runs create instability and hinder the establishment of a sense of belonging in host countries.

Title:

Content: Supplement
WikiProject
FEATURE
Know more: "Herdsmen" may have to pay taxes in both places
[Ming Pao News] Chen Lok Hsi, founder and chairman of China Master Global Group, said that the emerging lifestyle of digital nomads has many gray areas in tax. The group ’ s chief tax partner, Po-Chi Wong, said that the tax requirements and types of taxes are different in each place. It is also clear that there is no tax liability in the nomadic areas.
She suggested that it be possible to check whether there is a Comprehensive Avoidance of Double Taxation Agreement with Hong Kong. "There are some indicators of the number of days (stay), such as how many days in a foreign country, it is not regarded as a local tax resident, but a Hong Kong tax resident, and it is necessary to pay tax to Hong Kong".
Digital Nomad Visa Can Work Legally
In response to this emerging lifestyle, more than 40 countries around the world, such as Spain and Portugal, have introduced “digital nomad visas ” to deal with tax and visa conditions. Tax exemption for a period of time to attract talent.
Kristie added that digital nomads who enter the country on a tourist visa can generally stay for a shorter period of time. After the visa expires, they may need a visa run, that is, after leaving the country, and the visa period is recalculated; while digital nomads usually provide a longer stay, some can stay for up to 5 years.
However, she said that digital nomad visas generally require applicants to meet certain income requirements and provide proof of income, proof of employment, etc., which is not easy for freelancers like her to apply.
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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Navigating complex tax systems across multiple jurisdictions and limited access to local payment systems, such as WeChat Pay or Alipay in China, are common financial obstacles for digital nomads.

Title:

Content: Guest Review: From Rare Tourists to Forced Exile | Comment Analysis | DW | 10.02.2024
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Guest review: From sparse tourists to forced exile
Political scholar Zhang Junhua pointed out: How to revitalize China's tourism industry is not an easy task, because the tourism environment needs various factors, especially political tolerance.
After experiencing the high pressure epidemic control policy, tourism enthusiasm to enter China has reached a freezing point (file picture)
I remember when I was working and studying in Germany, I was the leader of a tour group of German travel agencies for several years.
Many countries have gone.
The first country is China.
At that time, Sichuan had just built the first expressway, probably in order to catch up speed, no experience, forgot to build rest stations and toilets, and there was no toilet in the bus at that time, so that I was not embarrassed to be a team leader.
But even then, there were a lot of German tourists to China, which can be described as a kind of "China fever".
Each time, I bring a group of at least 30 people.
In this way, I have traveled many beautiful rivers and mountains in China, compared to other countries such as Russia.
In the world, such as China, a country with extremely rich tourism resources, should be regarded as one of the top two.
And that in itself is an important asset.
After 40 years, although China's economy seems to have developed a lot and the tourism infrastructure is greatly improved, it did not expect that China is worried about no tourists at present.
According to a report released by the China Tourism Research Institute, in 2023, the number of Hong Kong, Macao and Taiwan residents entering and leaving mainland China has returned to 81% in 2019, but the number of foreigners entering and leaving the mainland has only returned to 36%.
Among them, the recovery of rigid demand markets such as business is significantly faster than tourism and leisure, and the number of inbound tourists received by all Chinese travel agencies last year is less than 10% of 2019.
Of course, in 2023, the number of arrivals and departures of Hong Kong, Macao and Taiwan residents has returned to 81% in 2019, which is basically due to the establishment of the “one-hour living circle ” in the Greater Bay Area.
But after all, many of them do not come to the country to travel, coupled with the domestic people's own consumption capacity has been reduced a lot, so it is not surprising that many high-end hotels in China are not doing well.
By contrast, the situation in Japan, not far from China, is the opposite.
Tourism in Japan has long since returned to pre-epidemic levels.
And in Tokyo, Japan, citizens are complaining about too many foreign tourists, especially those who do not abide by the rules.
Zhang Junhua: Chinese officials do not know why there are fewer foreign tourists to China
Tourism and Impressions of China
Chinese officials don ’ t know why there are so few foreign tourists coming to China.
But the problem is that officials don't have the determination or the courage to fundamentally change that.
Generally speaking, the number of tourists coming to China is small, which can be divided into several reasons.
The first is the sequelae of recent years: because Xi Jinping has miscalculated the world situation, sees his brutal zero-sum policy as the only effective method in the world, and tries to blame the West for the source of the new crown.
The epidemic has created an unimaginable information gap and mistrust.
Shanghai used to be a place where "foreigners" gathered, but now, many neighborhoods that used to rely on foreigners to become lively have scared people back through China's cruel "zero" policy.
Moreover, over the past few years, China has used economic and political means of intimidation against many countries, which have caused the people of those countries to naturally have a negative impact on the Chinese government.
Another factor is also political.
The Chinese government is particularly keen to catch spies, or for various inexplicable reasons, it has arrested not only foreigners who have worked in China for many years, but also many people who were originally born in China.
The case of the recently convicted Chinese-Australian writer Yang Hengjun is also an example of political intimidation.
Although there is a clear motive behind the case for the Chinese security services to deal with the "traitors", the government seems so cruel and unreasonable to people abroad.
In this way, it is inevitable that countries will have a bad impression of China.
According to the data released by the Japanese Cabinet Office on January 19, the Japanese people ’ s unfriendly feelings toward China rose to 86.7% from 81.8% last year; the interest and goodwill of South Korean young people toward China also fell a lot.
And the lower impression of China among the people of the whole western countries directly affects their desire to go to China.
Tolerance is a source of national wealth.
When I think back to my work as a tour leader in Germany, China's infrastructure was not as good as it is today, but there was a constant stream of tourists coming to China.
At that time, the authorities led by Deng Xiaoping did not deliberately “tell the story of China well ” as Xi Jinping does today.
On the contrary, remember that Deng Xiaoping said "... China's opening up to the outside world will cause more flies to fly in, but... opening up will only be beneficial and harmless to China."
At that time, China ’ s political control was far less “intractable ” than the digital and camera-based ones that are everywhere today.
It is this kind of tolerant attitude that keeps tourists coming to China.
In the 1980s and 1990s, the academic community in China was the most active period of thought since 1949, and at that time, different opinions of foreign scholars could still be treated equally and faced with an open mind.
Now, once a certain scholar or academic institution in a foreign country does not like the Chinese war wolf, it is listed on the blacklist.
I remember that when I was working at Shanghai Jiaotong University, I originally arranged an academic exchange meeting, but suddenly as the keynote speaker, that is, a German female scholar studying the Chinese Internet, because the embassy refused to issue a visa, had to be temporarily canceled.
Recently, Professor Ralph Weber of the Center for European Global Studies at the University of Basel in Switzerland also pointed out that there are fewer tourists to China, because his research covers how the Chinese government can influence foreign politics through united front propaganda.
The Chinese authorities, however, were dissatisfied with his research, and the Chinese Embassy in Switzerland protested against his research.
It should be pointed out here that academic tolerance not only benefits academic research, but also directly affects tourism.
At this time, because a university professor like Ralph Weber, he can influence many students.
And for any tourism country, young students are an important source because they have the greatest curiosity and the greatest passion for travel.
Moreover, for scholars studying China issues, doing so-called "field work" is an important aspect of research.
Many people who can only "tell a good Chinese story" will not do so.
"Field work", in a sense, will also bring benefits to the tourism industry.
Chinese forced into exile
I remember that the political scholar Professor Wu Guoguang said that he is now in a "forced exile" or "near exile" (quasi exil) life.
At this time, because although he is not a so-called opposition (dissident), and the Chinese authorities have not made any public statements about him, because of the atmosphere created by the Chinese authorities in the country, critical scholars like him have to worry if they return to China, whether they will officially let him disappear, because there are precedents for similar things.
Ha-Jin, a well-known Chinese-American writer who teaches at Boston University's Center for Creative Writing, has made the Chinese government so bitter about the Taiwan issue that when he wants to visit his parents, he can't get a visa to visit China, so he can't set foot in his hometown. Since the reform and opening up, so many Chinese have migrated from China to other countries, it is normal to go back to see and travel. However, it is precisely because of the intolerance of the Chinese Communist authorities that many people have been forced to choose "exile".
In this way, the frequency of home visits is certainly not as high as it used to be.
Technical obstacles
Of course, there are also technical problems that affect the source of customers, and some technical problems are ultimately a political problem.
Chinese society now relies on digitization to make the entire state management system "digital Leninism," that is, digital into the only way to exist.
In this way, people from diverse countries, once in China, the biggest inconvenience is that overseas credit cards are difficult to travel in China, and China's WeChat Pay or Alipay need to use China's domestic WeChat account to install.
And there is no mobile phone number in China, and you can't even call a taxi.
This convenience, which is perceived by the people under authoritarianism, has become an obstacle to tourism.
At present, in order to revitalize the tourism industry, the Chinese authorities have provided visa-free access to many countries.
But is tourism revitalized by visa-free travel to several countries? If the above mentioned series of problems are not comprehensively solved, even if China's glass door is opened how big, it is still difficult to achieve the expected results.
For the Chinese authorities, it is time to learn from Deng Xiaoping before 1989, or from Deng Xiaoping after the Southern Tour.
The author of this article, Zhang Junwei, a German Chinese political scholar, has lived in Germany for more than 30 years.
He studied at the University of Frankfurt in Germany and received a doctorate in philosophy.
He later taught at the Free University of Berlin.
He is currently a Visiting Professor at the Ecole Universitaire de Management in France.
Deutsche Welle is committed to providing you with objective and neutral news coverage, as well as commentary analysis from a variety of perspectives.
The commentary and analysis in this article represent only the author ’ s or expert ’ s personal position.
© 2024 Deutsche Welle Copyright Notice: All content in this article is protected by copyright law and may not be used without special permission from Deutsche Welle.
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What are critical aspects of the digital nomad lifestyle?

Legal requirements for digital nomad visas vary significantly, with some countries demanding proof of substantial savings or income thresholds, creating barriers for individuals seeking to legally reside and work abroad.

What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Economic factors, such as cost of living and housing availability, play a critical role in the feasibility of digital nomadism, with cities like Malaga offering affordable rentals compared to other European destinations.

Title:

Content: Delete
Digital nomads

Malaga, voted the second best city in the world for remote working

The city bursts onto the Executive Nomad Index ranking, headed by Dubai, with quality of life as its main asset

Nuria Triguero

Malaga

Saturday, 19 August 2023, 21:50

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The pandemic and the digital revolution have ignited the phenomenon of digital nomads. The possibility of living and working from anywhere in the world is no longer a privilege of some professionals in the technology sector; now many workers and managers in all types of sectors have become expatriates.

The Executive Nomad Index report, a ranking of the most attractive cities or regions in the world for high-level remote workers, produced annually by the real estate consultancy Savills, focuses specifically on nomadic executives. Malaga city breaks into this list for the first time, in second position, after Dubai and above Barcelona and Palma de Mallorca.

The ranking of the twenty best locations in the world for remote workers is: Dubai, Malaga, Miami, Abu Dhabi, Lisbon, Barbados, Barcelona, Palma de Mallorca, Algarve, Saint Lucia, Cayman Islands, Dubrovnik, Malta, Antigua, Côte d'Azur, Mauritius, Athens, Cyprus, Bahamas and Tuscany.

The visibility gained by Malaga as a result of Google's commitment to the cirt and the knock-on effect it has had on other multinationals (Vodafone, Citi, Globant, among many others) is key to understanding its dazzling entry into this international ranking. But apart from the obvious hype, the city offers solid reasons to attract the "wave of executives converted into digital nomads since the pandemic" cited in the report.

The Executive Nomad Index gives each city a score in five sections: speed of internet connection, quality of life, climate, air connectivity and price of high-end rental housing. Malaga achieved a total score of 32.38 points, only two points less than the number one city in the ranking, Dubai. Malaga scored the highest score of the entire list (10.38) for quality of life. Its score was also high (8.06) for internet connection and in competitiveness of prime rentals (5.26). Climate scored an average (4.45), above Dubai or Abu Dhabi but below tropical destinations such as Barbados, Cayman Islands, St Lucia or Miami.

All the locations included in this ranking have "a digital nomad visa programme or equivalent, or are already part of a large economic bloc that allows the free movement of people to live or work; they offer favourable climates all year round, a high quality of life and have established, first class, residential markets", according to Savills.

The report highlighted how Malaga has been "upping the ante in recent years as a major cultural and tourist destination, known for its superlative museums and beautiful old city". "The arrival of high-profile companies such as Google has given Malaga the seal of approval. All these companies say Malaga is the place to be and their reputation spreads by word of mouth," said José Félix Pérez-Peña, director of Savills Andalucía.

The report noted that the launch of Spain's digital nomad visa in 2022 "has undoubtedly helped propel Malaga" to break into second place in the ranking. "The city's attractive climate, beaches, culture and gastronomy are big plus points, but so is its comparatively affordable rental market; costs are half those of its European competitors in the index. Malaga's international airport is within easy reach of the city centre, an added bonus for executive nomads who rely on regular travel. Savills reminded that a direct flight from New York to Malaga was launched earlier this year.

Restaurant prices, rents and everyday life in Malaga remain cheap compared to other major European cities, and people feel "safe" in the city, Pérez-Peña added.

While the upper classes have traditionally gravitated towards large villas in the eastern part of the city, the western coast has become "the new focus of regeneration and flagship developments", according to Savills, which cites Sierra Blanca Tower, whose prices have set a new benchmark for Malaga at around 10,000 euros per square metre. The report specified that typical prime residential rents are 15-22 euros per square metre, but admitted that there are not enough homes in this range to meet demand.

"Executive nomads want everything to be ready when they move in, including furniture and internet connection," said Pérez-Peña. "We are seeing a lot of start-ups now catering to this market, but there are not enough properties available," he added.

Pérez-Peña said that there is also a shortage of high-quality offices and coworking spaces to cater for all the nomadic workers who are turning their sights on Malaga. "We haven't been building enough to meet the demand," he said.

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IT-related freelance work, including programming, web design, content creation, and digital marketing, aligns well with the digital nomad lifestyle due to its remote nature and global demand.

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With the waves of globalization and digitalization coming together, a new way of life and work – digital nomadism – is like the first ray of sunshine in the morning, shining warmly and vividly into reality.
This is a group of Internet wingers who travel between the warp and weft of the earth, treat the world as a borderless office, enjoy a life of high income and freedom, and sow the seeds of innovation and vitality for the global tourism industry.
Governments should seize this opportunity to attract this new generation of nomadic elites, without compromising local job markets.
Digital nomads cover software development engineers, content creation artists, digital marketing strategists, designers in the design field, etc. They break free of the shackles of the traditional office environment and take the earth as the stage to interpret the wonderful life of traveling while working.
Their income is not only higher than the average of most people, but also because of the flexibility of working remotely, leaving a footprint in every corner of the world to explore and experience the baptism of multiculturalism.
Under the haze of the coronavirus epidemic, urban residents' yearning for distance has become stronger, and some tourist hotspots have keenly captured this change, and have launched special visa programs for digital nomads in order to alleviate the winter tourism brought by the epidemic.
It is estimated that some 35 million people will join the digital nomadic army by 2022, and it is expected that the number will continue to increase.
As an Internet power, China's digital nomad population has also exploded, and by the end of 2023, the potential scale has reached nearly 100 million people.
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Skills in software development, cybersecurity, and UI/UX design are particularly sought after, offering lucrative opportunities for freelancers who can adapt to diverse projects and work independently.

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Content: 15 Jobs that Allow You to Travel

Written by Coursera • Updated on

Explore the exciting career possibilities that let you travel while earning an income.

If you have been dreaming of exploring a new city and tasting food from different cultures, you’re not alone. The ongoing pandemic brought travel to a halt for a time, leaving many of us yearning for an escape.

A study conducted by researchers from Washington State University found that those who traveled multiple times a year at least 75 miles from home were 7 percent happier than those who did not [1]. Incorporating travel into your life can be beneficial for your career as it can foster empathy, creativity, adaptability, and resiliency—invaluable skills in any workplace.

In this article, we’ll cover the different types of jobs that are both in-demand and may offer the flexibility to allow for more travel.

Types of jobs that allow you to travel

There are plenty of opportunities to incorporate travel into your career. You might not be ready to take the leap of quitting your job to become a dive instructor in Fiji, but perhaps you want to work remotely to explore a few different locations. Others might be opting for a career that allows for occasional travel, to conduct research or to execute an event.

Here are the different types of jobs that can be conducive to travel:

  • Fully remote jobs

  • Trade jobs that allow continual or frequent travel

  • Jobs that offer long breaks or sabbatical leave

  • Jobs based in a foreign country

*All salary and job outlook data represents median salaries in the United States and is sourced from the US Bureau of Labor Statistics (January 2022), unless otherwise stated

Fully remote jobs

The COVID-19 pandemic has helped make remote work the new norm, especially among “knowledge workers.” Having the freedom to work remotely means you may be able to work just about anywhere with an internet connection. This may require you to be extra vigilant of time zones so you don’t schedule meetings with your clients or colleagues at odd hours. Remote jobs can be an excellent way to stay employed while traveling.

Read more: 10 Remote Work-From-Home Jobs that Pay Well

1. Web/graphic designer

Like many others on this list, plenty of web and graphic designers today are becoming digital nomads, meaning they are location-independent. Whether you’re a freelancer with your own clients or working under a fixed contract with a company, design work can typically be done anywhere with a good internet connection.

  • Median salary: $77,200

  • Job outlook: 13 percent (faster than average)

  • Entry-level education: Bachelor’s degree

Read more: What does a graphic designer do?

2. Software developer

This in-demand career is a great option for analytical, detail-oriented individuals with a background in computer science or information technology. Software developers write code to create or update computer applications and programs, work that can often be done remotely.

  • Median salary: $110,140

  • Job outlook: 22 percent (much faster than average)

  • Entry-level education: Bachelor’s degree

3. Cybersecurity analyst

As a cybersecurity analyst, you are responsible for executing security measures to protect a company’s computer systems. Like web-based designers and engineers, this work can be done remotely. Take advantage of this by working from home and taking short trips, or switching up your location every few months.

  • Median salary: $103,590

  • Job outlook: 33 percent (much faster than average)

  • Entry-level education: Bachelor’s degree

Read more: 10 Popular Cybersecurity Certifications

4. Writer

As a writer, you have the opportunity to work from anywhere. Your salary can vary depending on whether you are a content or SEO writer, copywriter, grant writer, academic researcher, journalist, or novelist. Since writing tends to be done on a computer, you can typically continue working while you travel.

  • Median salary: $67,120

  • Job outlook: 9 percent (as fast as average)

  • Entry-level education: Bachelor’s degree

Trade jobs that allow for frequent travel

Some trade jobs enable you to continually be on the move or to be assigned to a location for a few months at a time. Some of these jobs require only a high school diploma plus training. If you crave continuous movement and change, then these may be a good fit for you.

5. Flight attendant

As a flight attendant, you can travel to many cities around the world in addition to receiving flight benefits for you and your family. To become a flight attendant, you must be physically fit to stand for long periods of time and help passengers with luggage, have experience with customer service, and be certified by the Federal Aviation Administration (FAA). Flight attendants often start with domestic flights before moving on to desirable international routes.

  • Median salary: $59,050

  • Job outlook: 30 percent (much faster than average)

  • Entry-level education: High school diploma or equivalent and FAA certification

6. Travel nurse

Travel nurses are employed by a nursing staffing agency instead of a hospital, which means you can travel domestically or internationally to a new location when hospitals need temporary nurses. To become a travel nurse, you need to be a licensed and registered nurse with at least a year of experience working in acute care. Salary depends on location and demand. During COVID-19, for example, travel nurse pay increased to over $10,000 per week.

  • Median salary: $75,330 (registered nurse)

  • Job outlook: 9 percent (as fast as average)

  • Entry-level education: Associate or bachelor’s degree in nursing, plus licensure exam

7. Pilot

A huge perk of becoming a pilot is being able to travel to different destinations. Depending on the airline, pilots tend to have a minimum of 12 to 15 days off per month, called “reserve days,” that are often spent in hotels far from home. Becoming a commercial pilot requires a license from the FAA. Pilots tend to start out flying charter flights and tours before they can fly customers on domestic and international routes.

  • Median salary: $130,440

  • Job outlook: 13 percent (faster than average)

  • Entry-level education: Bachelor’s degree

8. Yoga or sports instructor

This is perhaps one of the most exciting jobs with flexible hours and travel potential. Teaching yoga, sports, or recreational activities like diving, skiing, ziplining, surfing, or soccer can be a fun way to live in a new place. These jobs tend to be popular in tourist destinations—think living in the mountains or dreamy beach locale while earning an income.

  • Median salary: $40,510

  • Job outlook: 39% (much faster than average)

  • Entry-level education: High school diploma or equivalent, plus yoga teacher training or other sports certification

Jobs that allow you to take long breaks

These jobs operate either on a school timeline or a project basis, allowing for weeks or months of free time. Pursue one of these jobs, and use that extra free time for travel.

9. Professor

Becoming a professor usually requires a PhD, making this job a good fit for someone already pursuing a graduate or doctoral degree. Professors often get summer and winter breaks during which they may attend conferences, plan classes, prepare budgets, or go on vacation. Sabbaticals are typically six months and are available every seventh year, unless the university’s policies allow otherwise. This time can be used toward conducting fieldwork abroad (researching sea turtles in Costa Rica or archival studies in Egypt, for example), writing a book, or developing new programs and pedagogies.

  • Median salary: $80,560

  • Job outlook: 12 percent (faster than average)

  • Entry-level education: Usually a PhD, but sometimes a master’s degree is enough for community colleges

10. K-12 teacher

As a K-12 teacher, your summer breaks provide a relief from 180 days of teaching. During the school year, teachers spend a lot of extra time planning classes, grading papers and exams, and developing fun activities for students. When summer rolls around, take advantage of the extended break to travel.

  • Median salary: $62,870 (high school teacher)

  • Job outlook: 8 percent (as fast average)

  • Entry-level education: Bachelor’s degree, plus state-issued certification or license

11. Management consultant

Management consultants take on projects with companies where they lead strategy and business analysis to improve efficiency. For some consultants, this requires traveling up to four days a week (Monday to Thursday) or being based in a new location for months at a time.

Management consulting is notoriously competitive because it is considered prestigious, well-paid, and good training for entrepreneurship, at the cost of long hours. If you don’t mind a bit of grind while you explore a new city or location, this might be a good career choice for you.

Further, there is a growing trend of companies providing benefits such as flexible paid leave and sabbaticals.

  • Median salary: $87,660

  • Job outlook: 14 percent (faster than average)

  • Entry-level education: Bachelor’s degree

Jobs based in a foreign country

These jobs allow you to live abroad for months or years. Often, these jobs require you to teach, research, or work collaboratively with the local community. If you are excited about a purposeful career advocating for a social issue or an adventurous job reporting news on global politics and the economy, then this might be a satisfying career option.

12. Non-governmental organization (NGO) worker

As an NGO worker, you may be in charge of implementing programs in countries with developing or emerging markets, usually addressing social or political issues such as poverty, hunger, disaster relief, environment, or peace and security. You might be in charge of communications, partnerships, or fundraising. The exciting part is that you get to live in the country for an extended time, fully immersed in the local culture. It can be a life-changing and rewarding experience.

  • Median salary: $69,600 (social and community service managers)

  • Job outlook: 15 percent (faster than average)

  • Entry-level education: Bachelor’s degree

13. English teacher

Teaching English can be a fulfilling way to spend a year living in a foreign country. Outside of the classroom, enjoy sightseeing, attending local festivals, eating street food, and embarking on adventures with new friends. Typically, a TESOL or TEFL certification is required.

There are many teaching exchange programs, such as Japanese Exchange and Teaching (JET), English Program in Korea (EPIK), and the Fulbright English Teaching Assistant (ETA) that hire young adults to teach English abroad. Other similar reputable programs include the British Council and Council on International English Exchange. Another option is to teach subjects like history, literature, science, art, or math at international schools, which tend to be located in cities globally.

  • Median salary:  $50,953 (average salary from Glassdoor)

  • Entry-level education: Bachelor’s degree

14. Foreign correspondent

If you are trained as a journalist or photojournalist, you may be interested in taking your career abroad. There is a great need for reporting on the political and economic situation in other countries. As a journalist based overseas, you have the opportunity to interview and interact with locals on a daily basis to understand what’s really happening on the ground, while enjoying an unconventional and exciting lifestyle.

  • Median salary: $49,300 (news analysts, reporters, and journalists)

  • Job outlook: 6 percent (as fast as average)

  • Entry-level education: Bachelor’s degree

15. Anthropologist

Conducting fieldwork and ethnographic research is a significant part of studying the development and behavior of humans and their environment. Fieldwork for research organizations, government agencies, consulting firms, and universities often requires traveling for extended periods. While some anthropologists today are beginning to study local cities and towns to create sustainable social change, many conduct participant observation in foreign contexts for an unbiased perspective.

  • Median salary: $66,130

  • Job outlook: 7 percent (as fast as average)

  • Requirements: Master’s degree or PhD

Tips for transitioning into a travel-friendly job

Traveling more does not necessarily mean losing your place in your career. These options offer opportunities for you to continue working while satiating your desire for new adventures.

When considering whether to switch careers or plan ahead for a future role, it is important to understand whether you want to travel with your work or simply have a job that offers more vacation time to travel for pleasure. Here are some tips to help you decide what feels right:

  • Start small. If you are considering a remote job or living in another country for an extended amount of time, perhaps you can visit that country first on vacation before committing to a year. Or, take a weekend trip nearby to know whether you seek an urban or rural outdoorsy lifestyle.

  • Understand what type of job works best for you. Consider your lifestyle and family needs, and figure out what your transferable skills are.

  • Don’t quit your day job right away. If you are hoping to transition into a remote career, such as graphic design or writing, start by taking classes to brush up on your skills or creating a portfolio in your spare time.

  • Take the leap. Once you have decided on a financially responsible plan, pushing your comfort zone can be scary. But oftentimes, a calculated risk can reap positive rewards. Try to adopt a growth mindset. It may be a tough adjustment moving to a new city or country, but trust that you can make it work.

Next steps

Start building the skills you need for an in-demand, remote-friendly job with a Professional Certificate in user experience (UX) design, cybersecurity, social media marketing, or teaching English as a second language (TESOL). Learn from industry leaders at your own pace, and earn a credential for your resume.

Related articles

Article sources

1. Tourism Analysis. “Would You Be More Satisfied with Your Life If You Travel More Frequently?, https://www.ingentaconnect.com/content/cog/ta/2021/00000026/00000001/art00006;jsessionid=1djuiwphlb0fg.x-ic-live-03.” Accessed February 10, 2022.

Written by Coursera • Updated on

This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

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What profession was targeted by Kyrgyzstan's August 2022 program to work in the country?

Mastering tools like AI-driven design platforms, mobile hotspots, and productivity software can enhance efficiency and competitiveness for digital nomads in IT-related fields.

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Content: Digital nomadic workers working from home is not a dream
This Newsletter
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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Some people may want to start a business to increase additional income because of the rise of micro-business, so they start thinking about whether to change the runway or start a new life.
However, changing jobs is not easy, and many people may find it difficult to retreat when faced with follow-up problems, such as: "I am not a specialist", "self-study should start from where?", to break through these self-doubts, and use the tools to overcome these problems, even if it is not too late to start from scratch!
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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. ”
The advantage is that it not only provides greater work flexibility, but also reduces commuting time and location constraints. Digital nomads cover a wide range of tasks, including “design, ”“ online marketing, ” “programming, ”“ text content, ” and more.
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Having your own portfolio and accumulating practical experience in communication with customers is the key to entering the design industry.
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"Transform passive into active: make good use of tools, not afraid of being replaced by AI, but harness AI"
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?
In the past year, brands have joined forces to catch up with this trend, releasing generative tools that combine AI with design. The combination of AI and design has brought new thinking and tools to designers.
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.
Therefore, learning to use AI tools is also an important key to learning new skills!
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Platforms like Citizen Remote provide comprehensive support for digital nomads, offering visa assistance, rental property listings, global health insurance, and social networking opportunities.

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In an increasingly interconnected world, the allure of working abroad has never been stronger. The prospect of exploring new cultures, gaining international experience, and broadening one’s professional horizons is undeniably enticing. However, beneath the surface of this exciting opportunity lies the complex challenge of setting up a shop in a foreign country. That’s where Citizen Remote can help.

Rated 5/5 on the App Store, and featured in Digital Nomads Daily, Expedia, and Business Insider, Citizen Remote stands as the singular essential tool for navigating the lifestyle of remote work and is on sale now through Jan. 7. If becoming a digital nomad is part of your New Year’s resolutions, this will be the best $39.97 you will spend.

Citizen Remote streamlines the often complex process of working abroad by guiding individuals through every step of securing a visa. Their user-friendly web and mobile app is designed specifically for borderless remote citizens, and it offers a one-stop-shop for browsing a wide range of remote work visas available worldwide. With the app, users can easily navigate through visa applications, explore popular destinations, purchase E-sims for hassle-free communication, and build their journey all in one place.

Beyond visa assistance, Citizen Remote addresses the practical aspects of relocation, offering a verified and secured inventory of rental properties for long-term accommodation. The platform ensures peace of mind during the adventure with adjustable and affordable global health insurance, allowing users to check coverage and eligibility requirements. Moreover, Citizen Remote fosters a travel-oriented community by connecting users with like-minded individuals through its social network feature. Whether you’re seeking insights, finding your crowd, or exploring shared interests, the app, available for iOS and Android, provides a seamless platform for digital nomads to connect and enhance their working abroad experience.

The benefits of working abroad far outweigh the challenges for many adventurous professionals. Seeking guidance and help from Citizen Remote can help you navigate the paperwork maze and make the dream of working in a foreign land a reality.

Get a lifetime subscription to Citizen Remote Premium for $39.97 (reg. $299) until 11:59 p.m. PST on Jan. 7, 2024, no coupon necessary.

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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Remote desktop tools like Splashtop are essential for digital nomads, enabling secure access to work computers from anywhere and ensuring productivity despite connectivity challenges.

Essential gadgets for digital nomads include lightweight laptops, portable WiFi hotspots, and multiport USB charging stations, ensuring seamless work setups during travel.

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Content: How to setup a mobile office and live the life of a nomad

The first step towards becoming a digital nomad!
Mobile office essentials

Amazon

The onset of the Covid-19 pandemic all but accelerated the transition to the remote work lifestyle, and now that the pandemic has just about subsided, most of us have become used to the work-from-home routine. As a matter of fact, many full-time work-from-home professionals have grown to love this way of life since it affords them more time with family members and an opportunity to travel while they work.

The prospect of being a digital nomad is a pretty enthralling one. Exploring different destinations while also managing your work routine is a luxury only afforded to a few. However, a nomadic work lifestyle isn't all about merry-making and enjoying destinations. There needs to be a proper setup that allows you to ensure your travel lifestyle doesn't affect your work and productivity.

That's precisely why having a mobile office with the right gadgets in your kit is a necessity that cannot be overlooked. Here's taking a peek at some of the most essential gadgets that need to make it to your working kit if you aspire to be a digital nomad.

1. A lightweight laptop

Microsoft Surface 4 Pro

The Microsoft Surface 4 Pro checks all the boxes as the perfect travel laptop. It's a lightweight, compact tablet that offers you the powers of a laptop. You can also use a stylus pen for more comfortable and convenient navigation.

The device in which all things start and come to an end; you simply can't set up without one. If you're looking for a laptop that suits a nomadic lifestyle, the weight and compactness of the device carry as much importance as your configurational choices.

For this specific purpose, we'd recommend going with the Microsoft Surface Laptop 4. It weighs only 2.79 lbs - the ideal weight to go for if you're a frequent traveler. Also, the screen size is perfect, as it contributes massively to the overall size of the laptop. Also, you can use this as a tablet with a stylus pen for even more convenience.

2. A WiFi hotspot

GlocalMe U3 WiFi Hotspot

The GlocalMe Wifi Hotspot boasts a 3000mAh battery life along with 13 hours of use. It can be used in over 140 countries and provides and adds tremendous stability to your work by providing a stable internet connection during travel. Also, you need not pay any roaming fees to use this hotspot.

The internet is the next most important thing to consider after a laptop. A WiFi hotspot goes a long way in delivering internet at impressive speed so you can focus on work without any hassle. Now, the best solution would be to use the hotspot from your phone. Why spend on a device when you can do it from a phone that you already have?

Well, a wireless WiFi hotspot adds more convenience to your travel. You don't need a SIM card for it, and the device can also deliver fast internet by smartly selecting a fast network. Secondly, you're not paying for any roaming charges; it's a pay-as-you-go WiFi facility. Also, wireless WiFi hotspots have advanced security features, so rest assured your data is in safe hands! We recommend going for the GlocalMe U3 Mobile Wireless Hotspot if you decide on getting one.

3. A USB charging station

Baseus PowerCombo USB-C Charger

The Baseus PowerCombo can charge up to 6 devices simultaneously. It's also compatible with a host of laptops, phones, and tablets, so you can have all the charging requirements in one place. Also, it offers overpower protection.

A power station is a basic need for any digital nomad who wishes to save desk space. It's a one-size-fits-all solution that can power up multiple tech devices all at once. Be it a tablet, laptop, or phone — a multiport charging station will leave you in awe in terms of the convenience it brings to your life.

The Baseus PowerCombo USB-C charging station is a great choice at a reasonable price tag that can charge all your devices simultaneously. It'll ensure you don't need to clean up the clutter of tangled wires around your desk — say goodbye to tangled wires affecting your productivity when you have this device at your aid!

4. A work desk

Worky Home Office

The Home Office desk is an innovative solution to clearing clutter on a desk and embracing an organized approach to work. Apart from holding your stationery items and laptop, it also offers desk storage for some more. There are many other exciting features that make it a must-have for any nomad or a frequent traveler.

What if we tell you it's possible to carry your entire office setup in a bag? When we say 'work desk,' the usual laptop elevator lap desk comes to our mind. But that'd be too bulky to carry when you're traveling. After all, convenient travel is all about carrying stuff that doesn't take up a lot of space, and hence, traditional lap desks don't make the cut here.

Instead, this innovative Home Office portable workstation by Worky is all you need to have with you when setting out for your next workstation. It can hold a laptop and stationery items and also comes with built-in charging ports. There's also a video conferencing light that is useful for illuminating your workspace during meetings.

The most striking feature here is you can store all of these in the briefcase and set out for your next destination without having to worry about packing each item separately. It's lightweight and portable enough, so you can easily carry it during travel.

5. Noise-cancelling headphones

Beats Studio Earbuds

The Beats Studio buds offer a powerful and balanced sound output. They're a great choice to go for if you're looking for earbuds that'll last for a long time and provide quality output. The lightweight and compact design of the earbuds means you won't need to compromise on your backpack storage space. Also, they are available in five different colors.

Work-from-home, as much as it does allow you to explore new places, you simply cannot cut off contact with your colleagues. Collaborations are important, and a pair of the correct noise-canceling headphones can help you have smooth and seamless communication with them. You can also get a pair of headphones in this case, but we'd specifically recommend earbuds to align more with the objective of using products that take up minimal space in your luggage.

The Beats Studio earbuds deliver a powerful and well-balanced sound and also come with two distinct listening modes: Active Noise Cancellation and Transparency mode. In terms of performance, these earbuds offer up to 8 hours of use. They come with a charging case, so your earbuds will keep on charging when you store them.

What's more, the Beats Studio earbuds are also IPX4 sweat and water-resistant. You can connect them to your laptop via Bluetooth. All in all, they're a great choice if you're looking for quality earbuds that ooze quality and can last for a long time.

6. A Portable wireless mouse

FENIFOX Flat Wireless Mouse

An ultra-thin and slim wireless mouse that's easy to carry anywhere. It also takes up very little safe in contrast to the traditional mouse and is very easy to operate. . Also, it comes with a low-decibel button that is suitable for coffee shops, libraries, and other occasions.

A portable wireless mouse can allow you to navigate easily if you're uncomfortable using the laptop mousepad. In this case, we would recommend going for the FENIFOX slim and portable wireless mouse.

It's a pretty compact and lightweight mouse that looks so thin you'd feel as if it's very much aligned with the surface. It boasts compatibility with a wide array of devices and is an environment-friendly and energy-saving device.

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Taxation is a significant challenge for digital nomads, as varying requirements across countries may lead to double taxation risks, though some digital nomad visas offer tax exemptions or relief.

What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Banking can be complicated for digital nomads due to frequent location changes, but multi-currency debit cards and international bank accounts help reduce transaction fees and ensure reliable access to funds.

Title:

Content: 24 year old girl working in 20 countries in 5 years sharing 4 financial management tips for being a “digital nomad ”
Personal Value Added 21: 30 2023 / 06 / 10
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Remote work during the pandemic made home-based work or digital nomad popular, and Canadian schoolgirl Daniella Pashuk became a digital nomad five years ago.
At that time, the new crown had not yet broken out, and only at the age of 19, she entered an online university and began working full-time while traveling.
The term “digital nomads ” refers to people who travel freely while working remotely on the Internet.
They usually have the least material possessions. They work online using computers or smartphones in temporary homes, hotels, cafes, public libraries, shared offices or motorhomes. They often move between different countries and regions, and work as programmers, designers, writers, translators, etc.
“I can go where I want to go and do what I want in different countries.
It changed the trajectory of my life, "she told CNBC.
Pashuk, 24, has traveled to more than 20 countries in five years and is a freelance writer whose monthly income fluctuates.
“My monthly income ranges from $2,500 to $3,500 … Some months I travel as a family nanny, so I don ’ t have to pay any accommodation fees. ”
It also means that she has to plan her finances with extra care, although she can travel and work whenever she wants.
“You have to accept a little bit of unpredictability … each month looks different because you ’ re often in different regions, in different currencies, with different spending, so forecasting is a challenge, ” she says.
Extremes like “spending 600 euros last month and 3,000 euros the next month, ” Pashuk recalls.
To be a digital nomad, she says, it ’ s important to keep your finances in good shape because you have to fund the lifestyle you really want.
She shared four financial tips for being a digital hobbyist with CNBC.
Decide what kind of digital nomad you want to be
Pashuk says that what type of digital nomad you want to be will determine your situation.
The first type is people who change places frequently, going to a new place every one to two weeks.
She was in this state for almost two years at one time, but then stopped doing it because she found it was too stressful for her.
This can quickly become expensive, she said, as there is a big chance of problems with each move, such as high ticket prices, train cancellations and other extra costs.
Now she ’ s a “Slow Digital Nomad ” who stays in one place for at least a month or as long as her visa allows.
Pashuk says this helps the budget because the budget is fixed for months, and you stay in the same place and still spend the same things.
In addition, building an affordable “base camp ” can go a long way, providing some stability.
Currently, Pashuk has a “headquarters ” in Montenegro, but also works in different places:“ I still travel every month, but I have a place to come back. ”
She has to spend at least a certain amount each month, such as paying rent in Montenegro, but it has little impact on the total expenditure.
2. Use the correct debit card
When Pashuk started out as a digital nomad, having a stable and reliable cash flow was a huge challenge.
Her Canadian bank account has been locked because she is constantly changing locations, which the bank thinks is a bit suspicious.
So she was forced to call the bank all the time.
In addition, when you use a Canadian card to withdraw money from a local ATM, the offshore transaction fee is also considerable.
“Sometimes I lose $30 to $40 every time I withdraw cash, and if you have to withdraw it multiple times, you lose a lot of money. ”
Two years ago, she switched to a multi-currency debit card, which allowed her to top up and withdraw cash in the currency she wanted. Pashuk said she saved her freelance earnings into the card and took it to more than 20 countries without any problems.
29-year-old nurse earns 1.5 million a year travelling the world: seizing the opportunity of high pay and working only nine months a year
3.
Do full research.
She said that as a digital traveller, in the process of moving to a workplace, it is really important to do adequate research.
To figure out the average local prices, determine if they fit your budget, and find the average prices for Airbnb apartments, food, and other essentials.
Before going somewhere, Pashuk always makes a small table of the items needed for life.
“You never know what unknowns might creep up and steal your money. ”
For example, public transport can be prohibitively expensive in some countries. People often don ’ t think of this, Pashuk shares, because public transport is always cheap where you ’ re staying. “But I went to London and it cost a lot more than I thought, up to $20 a day. ”
Pay close attention to tax requirements
Pashuk also regularly keeps an eye on the latest tax requirements of different countries to ensure that a stay in one country is not long enough to be considered a tax resident.
"I just don't want to deal with it," she said. "Canada's taxes are enough for me."
If you ’ re considering becoming a “slow-moving digital traveller, ” Pashuk suggests studying digital traveller visas, as they typically offer tax relief — and some even complete exemption.
The more you travel, the more accurate you can predict how much you will spend, she says.
“Where you can cut costs, you have to be a little smart.
Being financially proficient is definitely a good thing in the long run and can keep you moving forward. ”
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What are critical aspects of the digital nomad lifestyle?

Effective financial management includes budgeting for unpredictable expenses, researching local costs, and leveraging passive income strategies like investments in dividend funds or real estate.

Title:

Content: How to invest while living?
Celebrity Meeting 17: 01 2023 / 08 / 02
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For our new generation, the value of freedom is becoming more and more important.
We want to have greater autonomy over what and how we work, and even the ability to decide when and where we work.
As a result, a digital nomadic lifestyle has emerged around the world in recent years.
The digital nomadic lifestyle allows us to make money through the Internet and achieve a more free life, regardless of geography and time.
But behind freedom, we need strength and money.
Therefore, for those who want to become digital nomads and travel the world, mastering investment skills and learning to create passive income will undoubtedly give us a great foundation.
Since digital nomads pay for everything on the road, we prefer investments with passive income, such as money funds, stocks, ETFs, real estate and dividend funds.
The most friendly way to invest for beginners is to invest in a money fund.
Money funds mainly invest in the money market, such as short-term government bonds, bank deposits, commercial paper and other high-quality, low-risk investment instruments to ensure the stability and security of the fund.
As a result, the value of the money fund fluctuates less, there is basically no loss of principal, and the risk of default and loss is very low.
At the same time, money funds are highly liquid, investors can buy or sell at any time, and usually do not have to pay a handling fee.
So, like a high-interest current savings account, all the money we spend while traveling is put into the money fund ’ s daily interest rate.
At the same time, we can invest in stocks and ETFs with higher dividend payouts, or even use them to build a portfolio that pays monthly or quarterly dividends to support our lives on the move.
In terms of Hong Kong stocks, domestic banks are a good choice to collect interest, but mainly pay interest once a year.
In terms of US stocks, there are more choices, various high-interest stocks and ETFs, such as ABBV (Abbvie Inc) and SCHD.
However, it should be noted that there is a 30% dividend tax on US stocks.
In addition, real estate is also a method that more people choose, which is relatively stable.
Many European and American friends will use the rent to support their daily consumption in places with lower living standards, implement geographical arbitrage, and live a higher quality of life.
Even if the original unit does not sign a long-term contract, you can rent short-term through Airbnb and collect rent.
However, the initial investment in real estate rental is larger.
If you want to be lazy, you can also consider a dividend fund.
Many funds can achieve a stable monthly dividend payout according to market demand. We can invest through banks, insurance companies and securities companies.
However, you should pay special attention to the past performance and risks of the fund when investing, such as whether there is excessive concentration of a certain industry.
In the past, some high-dividend funds were particularly concentrated in the real estate industry in the Mainland. If there is a headwind in the industry, the fund returns will also fall sharply.
Even if the monthly interest rate is paid, the return will not fully cover the capital loss.
In addition to working remotely or receiving cases, digital nomads can also choose the above investment methods according to their own risks and circumstances to increase passive income.
But passive income also needs some management to play better.
Therefore, we need to continuously learn and improve our investment and financial knowledge in order to better manage passive income and better live a digital nomadic living.
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Personal Profile: The 24-year-old gave up his stable job in the bank, left the dream naked, and lived in the world, realizing the ideal life of making money, investing, living and experiencing.
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What are critical aspects of the digital nomad lifestyle?

Maintaining productivity as a digital nomad requires establishing consistent routines, prioritizing tasks, and creating designated workspaces to balance work and leisure.

What are critical aspects of the digital nomad lifestyle?

Mental well-being can be supported through mindfulness practices, engaging in local cultural activities, and maintaining flexibility in travel plans to mitigate stress and prevent burnout.

Title:

Content: This Digital Nomad Couple Sold Everything to Travel the World in a Sailboat—Here’s What They’ve Learned About Life, Goal Setting and Relationships

Her name is Polar Seal. She’s 40 feet long, bright white with a thin blue stripe down each side and a monochromatic logo of a seal at the helm.

To the sailing community, she’s a 2007 Beneteau Oceanis 40 with a two-cabin layout. To Ryan Ellison and Sophie Darsy (@ryan_and_sophie_sailing), she’s a vehicle to carry them across the Atlantic (for the third time); she’s an office for their respective careers; but most importantly, she’s been home for nearly four years. They are what’s known as “liveaboards,” a breed of digital nomad on the water, with Sophie managing their digital brand, Ryan & Sophie Sailing, while Ryan works as a business development consultant.

Before officially shoving off in 2018, Ellison and Darsy led what some might call typical lives. They met on Tinder in 2015 while living in Sweden as expats: Ellison, an aviation sales director from Des Moines, Iowa, and Darsy, a human resources systems specialist from Paris. They quickly connected over a shared love of adventure and endurance sports.

Three months later, while on his last long training run before the ASICS Stockholm Marathon, Ellison had a run-in with a Canadian goose trying to protect her ducklings. The geese were unharmed, but Ellison was left with a dislocated shoulder and several broken bones. Stuck inside, he did what most do in that situation: get lost in the depths of the internet. He stumbled on a story about Matt and Jessica Johnson, an American couple who sold everything to buy a sailboat and travel the world with their cat.

The story lit a spark for the couple, though they had no experience sailing. After several months of research, they attended a two-week sailing course in Gibraltar before selling Darsy’s apartment and buying Polar Seal in March 2016.

“On my second date with Sophie, I told her I wanted to own a yacht someday,” Ellison says. “But my view of a yacht was a rich person’s motorboat, and I did not ever imagine I would own a small sailboat that we would live on together and go around the world.”

Now, nearly four years, 14 countries and a global pandemic later, they have no plans to quit.

Ellison and Darsy learned that the most challenging (and rewarding) parts of being liveaboards in a relationship had little to do with the logistics of sailing and a lot more to do with life, interpersonal dynamics and developing self-awareness in roughly 350 square feet of space. These are five of those lessons.

Your speed is the right speed

Ellison and Darsy purchased Polar Seal in March 2016, but they didn’t hit the waters full time until June 2018. They spent two admittedly short Swedish sailing seasons preparing for the inevitable roadblocks and learning how to co-captain on their own.

“There is no instructor, and the sail needs to go up and it’s stuck, and you’re in the middle of a channel, and the helm gets stuck, so you’re stuck in a spinning motion in the middle of a channel,” Darsy says. “There’s always going to be moments when you don’t have the knowledge or experience you need to handle a situation, and you have to figure it out. There are no shortcuts for that.”

Methodically, they took each step with time to allow dust to settle and not get caught up in the excitement and newness of the adventure.

“The first two years we owned our boat, we kept it in Stockholm,” Ellison says. “We were still working our jobs and that gave us time to figure out our boat and figure out what we were doing… because we really didn’t know. I’m glad we did that.”

Your relationship will be tested.

Among the many challenges of life aboard a 40-foot sailing boat is the idea that you are never more than a few steps from your significant other. That person is not only your co-captain, but your confidante, your significant other, your only friend for thousands of miles at times. They prepared for that, too.

“Pretty quickly in our relationship, we started seeing [a couple’s counselor],” Darsy says. “There are those moments that you want external help. There should not be any taboo or stigma about going to see a couple’s counselor when you feel stuck on a particular topic.”

The challenge, Ryan says, is not always about the small space, but about sleep deprivation and the other stressors that can wreak havoc on your ability to stay calm. In those moments of frustration, there isn’t anywhere to escape.

“We call it having emotional flexibility,” Darsy says. “Be kind to yourself, and be like OK, I messed up, but also don’t define your relationship by those moments. Those moments happen out of a context that is a little bit bigger than you.”

You will never be fully prepared.

In a video posted on May 22, 2018, Darsy holds up two fistfuls of sticky notes, 15 wooden cooking spoons and a smashed pirate hat. It’s a relatable moment for anyone who’s packed for a multi-week international trip only to remember they probably don’t need five pairs of strappy sandals. But it’s the vulnerability of the video that strikes a chord. With four weeks until their launch date, the couple details the building emotional strain and fear.

“For the first time in my life, I don’t know where I’ll be in one year’s time,” Darsy says in the video. “I’m doing something I’m passionate about, but I don’t know where it’s going to lead me.”

The couple shared a fear of failure. “I’m afraid we’re going to crash the boat,” Ellison says in the video. “I’m afraid that I’m not going to be able to get stuff done for work. I’m afraid we’ll fight and yell and I’ll fail there.”

It’s this kind of behind-the-scenes footage that allows aspiring liveaboards to see what life is really like, but also feel the sense of connection that comes from seeing people go through similar struggles and feelings of self-doubt. Preparedness is important, but its powers are limited.

Whether launching a new business, leaving a toxic job for your mental health or, say, selling everything to live on a boat, the final moments are those most riddled with self-doubt. But the story is told time and time again: After the first step, you often learn that fear outsizes reality.

Ellison and Darsy spent two years imagining and preparing for every worst-case scenario they could imagine. She remembers sitting at her office desk running through scenarios and playing out the possible responses. And there have been scares, like the time they sailed through gale force winds in the Bay of Biscay or a difficult period sailing across the Bermuda Triangle. To Darsy, the video footage from that time serves as a reminder of her growth.

“As you start to understand that the boat can take more than you think, you start to be a lot more confident in both the boat and your ability to deal with whatever it is you encounter,” she says. “That’s the thing, you start gradually getting out of your comfort zone, and going into stronger and stronger seas, and at the end of the day you’re like, It’s not comfortable, but it works.”

Her biggest regret, she says, is not leaving sooner.

Flexibility is everything.

When your life is full of firsts, even the most basic tasks can feel overwhelming. These things, like the cultural norms of grocery store shopping, for example, or navigating the public transportation system can be learned fairly quickly. But when you’re stressed and sleep-deprived, these obstacles can feel insurmountable.

“Every time we go somewhere, it’s somewhere we’ve never been, where we have to learn procedures, where we have to learn grocery shopping, where we have to learn the area,” Darsy says. “Something is going to break on the boat and it will be the first time that thing breaks on the boat, and we have to deal with that. ‘First times’ is our life.”

For many digital nomads, this kind of relentless discomfort quickly leads to burnout and a craving for the familiarity of home. For Ellison and Darsy, the key is extreme flexibility. Sometimes that looks like compromising on how long to stay in one place. Other times, it looks like booking a flight home to spend time apart so both can come back refreshed. In all times, it looks like relieving pressure where you have the means to do so.

“In a normal relationship, you go to work, and you maybe see each other for a little bit in the morning or a couple of hours at night,” Ellison says. “Sophie and I see each other 24/7 and pretty much live on top of each other, so having the ability to take some of the personal space to make your own stories so you can come back refreshed and have new adventures to talk about with your partner is important.”

Community remains crucial.

According to a report funded by MBO Partners, nearly 11 million people identified themselves as digital nomads in 2020. Tracking on this kind of lifestyle is still in the nascent stages, so it’s hard to say how many of those digital nomads live on the water, but for Ellison and Darsy, the sailing community has become the most rewarding part of their lifestyle. For Darsy, having the opportunity to pay it forward to aspiring liveaboards is part of her value system.

“We take the time to answer emails or meet people who want to do what we’re doing, to give information, help, advise or support in some way,” she says. “I think if we all do this, it just becomes a little bit of a better world.”

* * *

With every decision comes the forfeiture of another opportunity. For digital nomads, entrepreneurs, and all those who trade routine and comfort for adventure and flexibility and the excitement of the unknown, the decision is neither easy nor one you make once. Ellison and Darsy thrived in active lifestyles on land, clocking dozens of miles running each week. Now they’re lucky to see that number within a year.

“It is a lifestyle that comes with a high price, and I’m not really talking in terms of the money, because at the end of the day it’s just like living in a house or in an apartment; you’re going to have expenses,” Darsy says. “But it is tiring, exhausting and uncertain. The boat is a fragile piece of equipment, you can lose it from one day to the other if weather comes or you have a fire. But we have seen more of the world than most people will ever see in their lifetime, and we get to explore that world from a new angle.”

In the cabin of Polar Seal are written the couple’s values: adventure, health, faith and cool people. This guidepost for difficult days is simple and specific. In a more traditional lifestyle, the idea of five- and 10-year goals are common. It might be to upgrade the house, have a baby, reach a certain level in your career. Ellison and Darsy have goals, but they’re fluid and don’t really fall into a set time frame. Darsy wants to sail to Japan and maybe upgrade the boat. A permanent place on land for breaks sounds nice, too. They’ll just have to see where the wind takes them.

“I’ve used this line and it may sound cheesy, but we set out to explore the world and I ended up discovering myself as a person,” Ellison says. “Over the past 18 months, that has been more of a journey for me than moving the boat from point A to point B.”

This article originally appeared in the January/February 2022 Issue of SUCCESS magazine. Photos courtesy of Ryan Ellison and Sophie Darsy

Articles

What are critical aspects of the digital nomad lifestyle?

Reliable internet connectivity is crucial for digital nomads, with tools like mobile hotspots and remote desktop software ensuring access to work resources even in locations with unstable networks.

Destinations like Vietnam offer reliable internet infrastructure, affordable coworking spaces, and low living costs, making cities like Da Nang, Hanoi, and Ho Chi Minh City attractive for digital nomads.

Title:

Content: Top 10 cities in Vietnam are among the most popular among nomads! The top 10 cities are catching up with Tokyo
International Center Lai Cheng-lin / General Report
In the wake of the pandemic, digital nomad has become the latest form of work, and many people who can “work remotely ” have begun to travel to other countries around the world, taking vacations and working with their computers.
In a survey of digital nomads, three cities in Vietnam are among the top 10 most visited places in the world for digital nomads: Da Nang, Hanoi and Ho Chi Minh City.
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According to Nomad List, the world ’ s largest database of remote workers, Da Nang, a coastal city in central Vietnam, ranks second behind Tokyo, Japan, with a 109% increase in the digital nomadic population in 2023; Hanoi ranks seventh with a 58% growth rate; and Ho Chi Minh City ranks ninth with a 55% growth rate.
Most Vietnamese cities have excellent wireless access, low cost of living, and beautiful scenery, making them the latest darling of digital nomadic workers around the world.
Of these three cities in Vietnam, Da Nang is considered the third largest city in Vietnam after Hanoi and Ho Chi Minh City, with free Wi-Fi in the city center, fast internet speeds and beautiful coastline.
An important factor for digital nomads considering a temporary city is the living environment, as well as the cost of living to meet the convenient and comfortable working environment, while the cost of living in Hanoi and Ho Chi Minh City is quite low.
The average cost of living for a number of nomads in Hanoi is US $1,289 per month (about NT $38,000) and in Ho Chi Minh City US $1,157 per month (about NT $34,000).
Other places on the list are Seoul, South Korea, in third place; Kuala Lumpur, Malaysia, in fourth place; Penang, Malaysia, in fifth place; Montevideo, Uruguay, in sixth place; Manila, Philippines, in eighth place; and Lubjana, Slovenia, in tenth place.
To compile the list, experts at Nomad List ranked the fastest-growing cities for remote workers by analyzing nearly 300,000 registrations in the database over the past two years.
Vietnam, with three cities on the list, does not offer a “digital nomad visa ”, but it offers global travelers from nearly 200 countries the ability to easily apply online for e-visas for up to 90 days, and in Southeast Asia only Thailand, Indonesia and Malaysia offer special digital nomad visa programs for foreigners to work remotely if they meet certain requirements.
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What are the top three SE Asian countries for Russian remote workers?

Vacation rentals and coworking spaces equipped with ergonomic furniture, high-speed internet, and dedicated office areas help digital nomads mitigate workspace challenges.

Title:

Content:
The Clear Creek Group Invites Digital Nomads To Experience Remote Work In Paradise With Exclusive Vacation Rentals In Jackson Hole

(MENAFN- Evertise Digital)

Jackson, Wyoming, United States, October 2, 2023 – Digital nomads work remotely from various places worldwide. They embrace a location-independent lifestyle. Approximately 45% of global digital nomads stay in one place for one to three months. Choosing where to stay is essential as it impacts their work, lifestyle, and experience.

Jackson Hole has become a top spot for remote workers looking for some inspiration. It has jaw-dropping nature surroundings and a rad small-town vibe. This mountain getaway mixes the perfect combo of adventure, amenities, and WiFi need-for-speed. Whether you're working solo or assembling a nomadic squad, Jackson Hole brings together everything you need to crush those work goals amidst quintessential Rocky Mountain beauty.

The Rise of Jackson Hole as a Digital Nomad Destination

Jackson Hole strikes an ideal balance between natural beauty and modern conveniences. It offers easy access to hiking trails, ski slopes, rivers, and wildlife preserves. These offerings appeal to the adventurous spirits of many digital nomads. At the same time, the town provides high-speed internet and a thriving cafe culture. It caters to remote work needs, making it an ideal digital nomad destination.

Adding to its charm is the limited land availability for development in Jackson Hole. Only about 2% of the surrounding area is open to construction. This caused a spike in home prices over the past decade. With high demand and limited housing inventory, Jackson Hole presents a profitable opportunity for homeowners willing to lease out their properties to semi-permanent residents.

To meet the influx of digital nomads, the jackson hole home rentals market has grown. Homeowners and property companies offer furnished rentals for remote work. These rentals have fast internet, workspaces, and flexible lease terms. Local property managers also offer concierge services to ensure a smooth experience. With limited hotels in town, vacation rentals enable more digital nomads to live and work in Jackson Hole.

In recent years, Jackson Hole has seen a major influx of digital nomads. They seek to take advantage of the area's unique blend of natural allure and connectivity. The COVID-19 pandemic acted as a catalyst, with more professionals embracing remote work. They look for inspiring destinations like Jackson Hole. Jackson Hole has about 9,000 residents. During peak tourist times, it doubles thanks to mobile workers choosing it as a temporary base.

Town officials have welcomed the economic stimulus and vibrancy the digital nomads bring. The town's lively dining and arts scene, plus events like the Jackson Hole Fall Arts Festival, cater to semi-permanent residents. Digital nomad amenities and infrastructure will keep it a sought after remote work hub.

Key Features Digital Nomads Seek in Jackson Hole Rentals

There are over 15.5 million Americans now identifying as digital nomads. And Jackson Hole's vacation rental market has adapted to meet their unique needs. Here are some of the key features remote workers seek:

High-speed internet

Reliable, fast internet with fiber optic broadband is non-negotiable for most digital nomads. Jackson Hole delivers through providers like SilverStar Communications. They offer symmetrical gigabit speeds perfect for video calls and transferring large files.

Functional spaces

Digital nomads look for separate and dedicated office areas in rentals. They prefer it rather than makeshift workspaces. Ergonomic chairs, standing desks, and good lighting improve home workspaces. Ample power outlets and USB charging ports are essential for flexibility.

Flexible leasing

The ability to rent monthly, or long-term suits digital nomads who may shift locations. Many Jackson Hole listings now offer discounts for stays from 1-6 months. This is to attract remote workers. Services like furnishing and mail handling add convenience.

Access to nature

Proximity to hiking trails, ski slopes, and other outdoor activities ranks for active digital nomads in Jackson Hole. They like rentals surrounded by open spaces and mountain vistas. Opportunities to unwind in nature after work are popular.

Community

Shared co-living or co-working options provide built-in opportunities to network and collaborate with fellow digital nomads. Common lounges, events, and social activities help foster new connections.

The Luxury Experience: Going Beyond the Basics

While essential features like fast WiFi and comfortable work areas are must-haves, some digital nomads desire more indulgence from their Jackson Hole rentals. Luxury amenities elevate the remote work experience with top-notch comfort and hospitality. Here are some advantages:

Scenic views

Enjoy Jackson Hole's stunning mountain views with floor-to-ceiling windows and outdoor seating. Waking up to panoramic views of the Tetons fuels the soul.

Premium facilities

On-site concierge personnel can handle booking excursions, reservations, and transportation for you. Valet service takes vehicle hassle off your plate. 24/7 room service provides quality dining options on demand when you'd rather stay in.

Five-star furnishings

Plush bedding, premium mattresses, and spa-like bathrooms give a luxurious hotel feel. The upscale designer decor adds to the pampered ambiance. You'll feel the royalty.

Business support.

Boost productivity by using administrative assistants. They can handle tasks like mail collection, dry cleaning, reservations, and more for you.

Recreation amenities.

Having bicycles, fishing poles and gear, kayaks, and other recreational equipment provided grants easy access to outdoor adventures in Jackson Hole. Hit the trails and waters right from your rental's doorstep.

While luxury doesn't come cheap, the splurge enhances the digital nomad lifestyle in Jackson Hole for those who value premium experiences.

The Digital Nomad Community in Jackson Hole

Apart from amenities, connecting with fellow remote workers is vital. It's a key aspect of the location-independent lifestyle. Here are the ways to connect with them in Jackson Hole:

  • Co-working spaces: Shared offices help collaboration and community building.
  • Meetups & events: Groups like Jackson Hole Digital host tech mixers, happy hours, workshops, and speaker sessions.
  • Social media forums: Facebook groups like“Digital Nomads of Jackson Hole” help create connections.
  • Activity clubs: Join hikers, climbers, skiers, yogis, and other outdoor enthusiasts.

Plugging into the digital nomad community creates a sense of belonging and helps nurture personal and professional relationships.

Balancing Work and Leisure: Making the Most of Your Stay

To fully experience the Jackson Hole lifestyle, remote workers should blend their professional obligations with ample leisure time spent outdoors.

  • Morning adventures: Start the day strong by cycling, hiking, or paddle boarding surrounded by awe-inspiring vistas.
  • Afternoon Focus: Dedicate a few hours to heads-down work in your rental's home office or a co-working space.
  • Evening amusement: Après work activities like happy hours, concerts, art walks, and yoga classes promise fun social outings.
  • Weekend escapes: Pack up and camp, fish, or ski with new friends from the digital nomad community.

Finding the right rhythm between work and play lets you optimize living in Jackson Hole as a location-independent professional.

FAQs on Vacation Rentals for Digital Nomads in Jackson Hole
  • What are the best platforms to find long-term rentals suitable for remote workers in Jackson Hole?

    Some top rental listing sites include Out Here, Jackson Hole Digital, Rendezvous Mountain Rentals and Priority Luxury Rentals. Local property management companies like Retreatia and Hole Hound also cater to digital nomads.

    2. How do Jackson Hole vacation rentals cater to the needs of digital nomads?

    Many rentals offer dedicated home offices with desks, high-speed internet, printing/scanning, video conferencing amenities and tech support. Others provide co-working spaces, networking events and coordination with local activity groups.

    3. Are there any community-driven events or spaces for digital nomads in Jackson Hole?

    Yes, co-working spaces host events for digital nomads. Meetup groups like Jackson Hole Digital organize regular social gatherings. There are also Facebook groups like Digital Nomads of Jackson Hole to connect with community members.

    Conclusion

    Jackson Hole is perfect for digital nomads with its beauty, amenities, and community. Rental owners have tailored their properties for work and adventure. Choose Jackson Hole for remote work, and you'll enjoy paradise without sacrificing productivity. Plus, the breathtaking landscapes and outdoor activities await your exploration during your downtime.

    Contact Info:

    Name: David Henry

    Company: The Clear Creek Group

    Phone: (307) 732-3400

    Email:

    Website: 120 West Pearl Avenue, Jackson, Wyoming 83001, United States

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Adopting a digital nomad lifestyle can lead to a sense of freedom and minimalism but may also result in a loss of cultural and national identity, causing feelings of marginality and disconnection.

For individuals leaving their home country for political reasons, the digital nomad lifestyle can provide an escape but may exacerbate psychological challenges like loneliness and anxiety.

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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?

Social impacts of digital nomadism include tensions with local communities due to gentrification and housing crises, leading to accusations of neo-colonialism and displacement of residents.

Why are some local communities resisting digital nomads?

Malaga, Spain, has emerged as a top destination for digital nomads due to its affordable rental market, strong infrastructure, and the introduction of a digital nomad visa in 2022.

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

Croatia offers a dedicated visa program and an affordable lifestyle, but restrictive visa rules limit stays to one year, complicating long-term plans for digital nomads.

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

Social media platforms often present a glamorized view of the digital nomad lifestyle, exposing individuals to misinformation and biased advice that may lead to unrealistic expectations.

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Content: News and information via social networks
Mamdouh Sulaiman Al-Amiri
In the modern era, social media has become an integral part of our daily lives, as it has become a major source of news and information, yet this ease of access to information brings with it significant challenges related to the credibility and validity of this news and information.
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In the digital age, anyone can publish any content at any time and from anywhere, without having to go through the traditional editing and review channels and media theories of the gatekeeper, bullet theory, social responsibility and many more. This widespread spread of news and information, regardless of their validity, blurs public view and increases the likelihood of spreading false news and rumors. And sites seeking fame, which seeks to attract attention and increase the number of followers through the publication of false and false information and sometimes fabricated.
Lack of critical thinking skills is one of the major challenges facing a large segment of social media users; the recipient rarely bothers to seek the source of information and its truthfulness or not, and with this huge amount of information flowing, it becomes easier to accept the information as it is without verification, which promotes the spread of false and false news and gives it credibility in the minds of recipients.
Fake news can spread panic and fear among people, discredit individuals and institutions, and even influence political and economic decisions.
What is needed to meet this challenge?
To begin with, the role of official media and trusted institutions in disseminating accurate and timely information should be strengthened, and critical thinking skills of the public should be strengthened, so that the receiving audience has the ability to distinguish between true and false news. This can be achieved through awareness and education campaigns that focus on the importance of verifying sources and information before sharing or believing them.
In the end, as the digital age accelerates, the biggest challenge is to maintain the integrity and honesty of information, and this requires the concerted efforts of the official and informal media and the public to create a healthy information environment, helping to build a conscious society that can distinguish between the false and the real.

The commercialization of social media advice, such as paid promotions by influencers, can prioritize profit over genuine guidance, causing setbacks for inexperienced digital nomads.

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Content: Sunday, 24 December 2023 06: 18 GMT
Social recommendations inflict heavy losses on small investors in the stock market
(MENAFN- Al-Borsa News) Lutfi: Recommendations do not affect the shares with a high relative weight in the main index
The phenomenon of stock recommendations spread on “Facebook ” groups and on most social media platforms to guide dealers to buy and sell certain shares of accounts, most of which do not bear the real name of their owners, to incur most of the follow-up of those recommendations heavy losses.
Social media groups, which traded the news of the most important shares that have risen in recent months, and many publications that suggest the sale or purchase of a particular share, and given the large number of members of these groups, and the strength of their impact on individual traders, the question remained about the ability of “Social Media ” to lead the way of the Egyptian Stock Exchange. The fate of the shares of different companies.
Qalaa Holdings Reports EGP 26.4 Billion in Consolidated Revenues for Q3 2023 (EFG Holdings)
Traders in the market said that the lack of financial awareness among traders in the financial market makes them suffer losses by following the recommendations of “Facebook ” without sufficient research on the investment value, which strikes the interest of small investors.
The Egyptian Exchange (EGX) witnessed a boom in investment in listed shares during the previous period, and with a large number of individual investors joining the market during the current year, and occupying the top of the categories invested in the exchange, these groups began to exploit social media platforms, to spread their views on the purchase and sale of shares.
Fathallah: Group nominations rely on trying to control small stocks
Mohamed Farouk Masood, Managing Director of Global Invest Securities, said that the previous year saw the largest number of new investors entering the stock market, and these are the most vulnerable to harm from the nominations of social media groups, due to their lack of experience, and limited time, they follow these recommendations without adequate analysis of the shares.
Most of the recommendations in these groups are to buy the shares of companies with a small market value, so that they can control them, but dealers who do not have enough experience, buy those shares, and then suffer huge losses because they are unable to sell them later.
He added that these groups have spread significantly in the recent period, even some of them impose fees to participate in follow-up to the latest nominations, and some brokers of trading companies participate in the transfer of recommendations and gain from them for personal benefit, and once tracking the sources of the groups, it turns out that they are affiliated to shareholders of listed companies that are recommended to buy shares through these groups.
He confirmed that the EFSA had already passed legislative amendments criminalizing this type of activity on social media, but members circumvent it by using symbols and pseudonyms in their posts instead of using real stock names, to evade sanctions.
He stressed the importance of the role of regulatory authorities in preventing this type of activity, and that the role is not limited to the General Authority for Financial Supervision alone, but extends to include the Stock Exchange, and security authorities. Internet Investigations is able to monitor these movements, and track their sources to stop them permanently, because they are a scourge that threatens the market, and needs confrontation to be able to prosper on the stock market. Correct basis.
In December 2021, the Egyptian Financial Supervisory Authority (EFSA) approved the addition of a new article, which is the criminalization of publishing recommendations and consultations related to securities listed on the Egyptian Stock Exchange on social networking sites, in the penalties section of the Capital Market Law No. 95 of 1992, to deter persons who publish misleading recommendations to manipulate small investors for personal benefit.
Hamed: Spreading financial awareness is a necessity so that traders do not drift behind the recommendations of social networking sites
He pointed out that the research centers of trading companies currently provide various services to publish their recommendations to the public through their sites free of charge, and these are reliable sources for traders who do not have sufficient knowledge of the mechanisms of trading in shares, to use them instead of following the unreliable social media groups.
Individual investors accounted for about 98% of the total number of investors in the stock exchange during the period from January to June 2023, while institutions accounted for 2% of the total number of investors, and Egyptian investors accounted for about 98%, while foreign investors accounted for 1%, and Arab investors about 1%.
Mohamed Fathallah, managing director of Bloom Egypt Securities, said that this type of group cannot affect the entire capital market, and that the recent rise in the stock market is due to investors with a wide economic vision, which prompted them to invest in stocks to hedge against current economic problems.
He continued that the impact of these groups lies in their nominations to buy the shares of companies that do not have a sufficient number of free trading shares, such as the shares of small companies, and some of the shares of the index 70, as dealers nominate the purchase of this type of shares to create a scarcity in the securities offered for sale, and thus the price of the stock rises according to the laws of supply and demand, and then traders benefit from this rise. In the price.
He added that these recommendations move away from buying the shares of large companies, for example the shares of the Triple Index, because they are unable to control them, as investment in these important shares is based on correct investment foundations, and on a comprehensive analysis of the financial resources of these companies.
Alfi: Some groups lack the requirements of the true concept of investment
According to EGX data, the number of new investors reached a record high of 175 thousand investors at the end of 2022, bringing the total number of registered investors to 526 thousand investors by the end of the period.
Mohamed Lutfi, Managing Director of Fleet Securities, explained that the groups do not affect the shares with a large relative weight in the main index, for example the shares of the Commercial International Bank, and the like, but they do not have the ability to affect the shares of small and medium companies.
He added that the recommendations are aimed at individual investors, who are speculating on small shares, pointing out that the large increase in the number of individual investors during the previous year, followed by the emergence of this type of recommendations on social networking sites.
Randa Hamed, managing director of Okaz Portfolio Management and Composition, noted that the authority ’ s decision in 2021 to criminalize recommendations related to shares listed on social media had a clear impact on the prevalence of these groups, which were significantly more common before 2021.
She explained that the groups that deal with stock news on social media sites are located in several countries other than Egypt, such as the United States, but the difference lies in the financial culture of the members of these groups and how they respond to the information circulating.
She added that individual investors within the Egyptian Stock Exchange market need to have educational campaigns to understand the mechanisms of trading in the capital market, and this is the role of the Egyptian Financial Supervisory Authority and the Egyptian Stock Exchange, along with professional associations, not the role of non-specialized groups.
She stressed the importance of not listening to any nominations except by specialists and holders of licenses to practice the profession from one of the professional associations, such as the Egyptian Technical Analysts Association, pointing out that there are various sources to obtain news and documented data on the listed shares, whether on the Egyptian Stock Exchange website, which publishes the latest data regarding the share prices and its dividend multiplier. And trading companies that publish their recommendations for shares on their sites free of charge.
The recommendations of “Social Media ” contributed to the control of the shares of some companies globally, the most prominent of which was the incident of“ Jim Stop ”, which is traded on the US Wall Street Stock Exchange, as the company was suffering during the Corona epidemic slowed down in its gains, and many investment fund managers bet on the loss of value of the company, prompting them to short sell shares...
FREEJ: Attention should be paid to raising awareness and educating small investors
Despite this, users of one of the forums “Reddit ” platform recommended to buy the company ’ s shares until the share price rose at record rates, achieving an imaginary gain of about 1700%, during the period from January to July 2021, resulting in a significant loss for those who contributed to the short-selling.
Through short selling, people borrow a security of a particular company and then sell it, in order to buy it later at a lower price, so that they can make a profit equal to the difference between the short selling price and the purchase price later, so these operations depend on betting on the decline of the share price, otherwise the curators will make losses.
Amr Alfi, senior equity strategist at Thunder Securities, said that individual investors prefer these groups because they have the latest news regarding speculative stocks that investors will be heading towards, which creates them the ability to control the shares and know what can create them quick profits for several days.
This method has nothing to do with the real concept of investment, which requires systematic research and evaluation of the investment risks associated with the purchase process, so in the long run investors face high losses, especially since these groups are not licensed by the General Authority for Financial Supervision, and anyone can participate in them without being an expert in the capital market.
Make sure that these nominations lack the basics of financial analysis or technical analysis, they are based on rumors without foundation, and their risks are better than their gains, despite any investment requires a degree of risk, but these risks must be considered and aware of the fundamentals of the pros and cons of the stock subject of study.
He pointed out that some users resort to these groups because they are free of charge, but advised to stay away from them because they may have a conflict of interest, or people with specific goals for personal benefit, and the best is to resort to personal evaluation of the stock, and in case of lack of knowledge, it is advisable to consult experts licensed by the General Authority for Financial Supervision.
Personal investors are the most affected by the wrong recommendations
Bassem Abu Ghanima, Director of Technical Analysis at Arabian Online Securities, said that the wrong recommendations promoted by people who do not have knowledge significantly harm investors, especially individuals. Therefore, individuals should be aware and advised, and be aware of the experts and accredited analysts who can trust what they say, stressing the importance of a supervisory role to deter Such pages and people who post fake opinions and recommendations.
This year ’ s Reuters Institute for Journalism Studies report on digital news shows that around 22% of the public prefer to get news as the first source, from a website or app, a decline of 10 points since 2018, while younger age groups prefer to see news through social media and younger people. Influence social media celebrities over traditional journalists.
Mohamed Farij, Head of Technical Analysis at Tropicana Securities, said that the existence of many social media pages dealing with dealing on EGX listed securities, and the fact that some individuals provide statements, information, advice and recommendations on EGX listed securities and publish them on these virtual pages is detrimental to small individual investors.
He explained that these people give recommendations without experience and based on their personal opinions, in order to direct investment decisions to individuals for personal benefit and harm small investors, which also leads to harm the reputation of the Egyptian Exchange especially those who do not have sufficient experience in the market.
He added that there should be oversight of these recommendations, and attention should be paid to raising awareness and educating small investors to beware of these people who do not have enough experience to give recommendations.
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NEWSLETTER

Russian IT professionals transitioning to a digital nomad lifestyle face challenges such as navigating Western sanctions and Russophobia, which complicate employment opportunities abroad.

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Content: 18 January 2023
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Economy in Russia
In the state Duma frighten the Russian IT-relocanty Western unemployment
The State Duma is trying to pick up the “keys ” to the hearts of those who left Russia, whom the authorities decided to return.
Anton Gorelkin, a member of the State Duma Committee on Information Policy, tells how terrible things are with the employment of IT specialists in the West.
“The technology sector continues to get rid of employees, and the pace of cuts threatens to break last year ’ s records.
In the first weeks of 2023, more than 25,000 employees of digital companies were laid off.
And it ’ s not just tech giants like Microsoft (which just today announced that it plans to part with another 11 thousand people) – it ’ s more than a hundred organizations of different scale, ” writes Gorelkin.
"Against this background, it will be hard, first of all, for the Russian IT relocanty.
Not all of them fled abroad for ideological reasons or succumbed to panic.
Many were moved there by foreign employers – because the mechanisms of cross-border payments ceased to work, and in order to pay an employee, it was necessary to move him outside Russia.
Now, when the market is flooded with released personnel, for some companies, the maintenance of refocused specialists may become too difficult and costly.
Plus, the Russian background, which against the background of progressive Russophobia can become an additional risk factor, "- thickens the paint" United Russia ".
And immediately promises happiness in Russia: "But we will not abandon our citizens.
All Russian IT workers dismissed from foreign companies can count on employment in Russia.
The Ministry of figures has already stated that it is working on a program of reverse relocation, one of the main trump cards of which should be the reservation from military conscription.
This, of course, is not enough - I would suggest extending the program of preferential mortgage to returning IT workers. "
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The exodus of Russian IT workers, driven by political and economic factors, requires adapting to new cultural environments and overcoming logistical hurdles like visa regulations.

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Content: Economy of Russia
The brain drain.
More than 100,000 people have left the digital sector in Russia.
Government Recommends No ‘ Strict Restrictions ’ on Remote Work in Digital Sector
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Nearly 100,000 IT workers, about 10 percent of the industry ’ s total workforce, have left Russia this year, Russian authorities say, a dangerous sign of brain drain amid the conflict in Ukraine.
Russian news agencies quoted Digital Development Minister Maksut Chadayev as saying: “Up to 10% of employees of IT companies have left the country and have not returned.
In total, about 100,000 IT professionals are abroad. ”
The minister pointed out that 80% of those who left Russia are still working for Russian companies, especially since such work can be carried out remotely, according to AFP.
Many of those who left Russia settled in Turkey, Georgia, Armenia, the United Arab Emirates or the Central Asian region, where they could continue to work and be paid.
The minister did not address the reasons behind this phenomenon, which has prompted a large number of digital workers to leave Russia since Moscow launched its invasion of Ukraine in late February.
The first major displacement of this kind occurred in the early weeks of the conflict, followed again in the fall after the Kremlin announced the mobilization of hundreds of thousands of battle-aged Russians.
The exodus, combined with hundreds of thousands of other Russians, raises fears of a brain drain that could create a shortage in the high-tech sector, which needs highly competent and time-consuming staff.
Western economic sanctions are exacerbating the difficulties, especially causing problems with funding or the provision of some electronic parts.
Seeking to contain the situation, Chadyev on Tuesday recommended not imposing "strict restrictions" on telecommuting in the digital sector as it could prompt workers to "look for opportunities in foreign companies".
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What are critical aspects of the digital nomad lifestyle?

Adaptablity to new cultures and language

Knowledge of visa and other legal requirements

Digital nomads build professional networks through coworking spaces, which serve as hubs for connecting with like-minded individuals and sharing skills through events and presentations.

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Content: Sorry, this item is not available in your area.
Learn about the joint working space at Bansko..
One of the most popular destinations for digital nomads in Europe
Copyright © 2019 Euronews. All Rights Reserved.
Written by Monica Pinna & Euronews
Matthias Zetler is the co-founder of Co-working Bansko in Bulgaria, which has become one of the most popular destinations for digital nomads in Europe.
The German businessman was a digital nomad before the sanctuary for foreigners traveling and working independently was created five years ago.
Matthias chose the small mountain town of Bansko, one of the country's main ski resorts, as the venue for his project.
“I chose Bulgaria because it ’ s a very interesting location, the cost of living is not exorbitant and taxes are low, it ’ s also located in Europe, so you don ’ t have any problems with visas and it has an amazing nature.
I found Bansko here in the Perrin mountain range, and since I love mountains, it was natural to come here. ”
Today, this open workspace has around 100 members from all over the world, most of whom work in the digital field, including writers, translators, graphic designers and software developers.
What adds charm to the place, according to Matthias, is society.
"Of course, we can all work from home, but this is very boring.
People come here to be surrounded by like-minded people who understand your needs and vision. ”
Many events and presentations are held to share skills as well as sports and social activities.
Digital nomads take advantage of this space and at the same time make friends and enjoy ice skating together.
“It ’ s really a combination of working and enjoying this mountain city, ” Matthias says.
Matthias worked for a large translation company, and when he founded his own online marketing company he realized that he could be independent, then traveled and worked in many countries such as Russia and the USA.
Bansko co-working says: “For digital nomads, it ’ s often a bit difficult to form a network when they go to big cities.
Co-working spaces are full of freelancers living in the city. ”
“That ’ s why digital nomads often choose destinations like Bansko, Bali or Chiang Mai, where they meet many other digital nomads.
“People don ’ t have to make it clear that they ’ re not on vacation, but actually they have to work while they ’ re traveling. ”
It started with Matthias as a hobby so he could work and get friends around him.
He said, “We were about 10 friends.
We rented a small site together.
We wanted to play board games and have fun in the mountains, since then the site has grown to be one of the most popular Bedouin destinations in Europe, we have an average of about 100 members and of course that means there are also a lot of new requirements. ”
Matthias wants to transform Bansko Co-working from a business he owns into something his community owns together, and one way to do that is to turn the site into a co-living place.
This is a way in which Matthias believes it may appeal to companies, not just freelancers and solo entrepreneurs.
A lot of people always ask Matthias, how can they establish a mister workspace like the one he has?
“It ’ s very important for anyone who wants to build a shared workspace or a shared living space to first understand why they started this business.
It ’ s a different answer depending on each person and their motivation.
So find out why you want to do this and then build your dream project. ”

Online platforms and job boards are essential for finding freelance opportunities, allowing digital nomads to align their roles with their skills and interests.

Engaging in local communities through volunteering or intellectual exchanges helps digital nomads integrate and foster connections that can lead to new opportunities.

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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Preparing for the digital nomad lifestyle involves budgeting for fluctuating expenses and using tools like multi-currency debit cards to minimize transaction fees.

What are critical aspects of the digital nomad lifestyle?

Setting up a mobile office with essentials like a lightweight laptop, portable WiFi hotspot, and noise-canceling headphones ensures productivity in diverse environments.

Embracing flexibility and self-awareness is crucial for overcoming homesickness, adapting to new cultures, and managing stressors like isolation in unfamiliar settings.

What are critical aspects of the digital nomad lifestyle?

Adaptablity to new cultures and language

International health insurance is vital for digital nomads, covering medical expenses and meeting visa requirements in many countries.

Title:

Content: Work while playing! Taiwan ranked in the top 10 countries of the world 's digital nomads "1 point" was praised
2024 / 07 / 05 09: 40
According to William Russell, a human resources company, 10 countries are suitable for digital nomadic work, with Taiwan ranked third.
Kao Chia-ching / Authentication Editor
[Financial Channel / Comprehensive Report] Job types have become more popular in recent years, and William Russell, a human resources company, points out that 10 countries are suitable for digital nomadic work, including Taiwan, which is also ranked third, and Taiwan ’ s “health care system ” is highly praised.
Spain and Albania ranked first in the ranking of digital nomads, with a maximum five-year extension for digital nomads, according to the Daily Mail.
However, in Spain, applicants for a digital nomad visa must have an undergraduate or postgraduate degree from a well-known university or business school, or have at least three years of work experience in the current field.
Mexico and El Salvador are tied for second place, with digital nomadic visas that can be extended for up to four years but require some proof of income to qualify.
Germany, Malta, Taiwan and Cyprus are ranked third, and remote workers can obtain visas for up to three years.
Norway and Portugal are ranked fourth, offering visas for up to two years.
William Cooper, marketing director at William Russell, said: “There are a lot of things to consider before moving to another country and officially becoming a digital nomad.
For example, in most countries or regions, it is necessary to have international health insurance to ensure that expenses such as doctor visits and hospitalization are covered while you live abroad.
""
Countries such as Malta and Taiwan offer well-established health care systems for their residents, including expatriates and digital nomads, so they are unlikely to incur too much medical costs, Cooper said.
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What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Platforms like Citizen Remote simplify obtaining global health insurance by offering adjustable plans tailored to the needs of remote workers.

What are critical aspects of the digital nomad lifestyle?

A plan for financial stability
Access to healthcare

Ethical concerns arise from the impact of digital nomads on local communities, such as gentrification and housing crises, which displace locals and lead to accusations of exploitation.

Why are some local communities resisting digital nomads?

Digital nomads can contribute positively by supporting local businesses, engaging in skill-sharing, and volunteering, fostering goodwill and integration into the community.

Language barriers and cultural differences can be addressed by immersing in local communities, volunteering, and engaging in intellectual exchanges to foster mutual respect.

What are critical aspects of the digital nomad lifestyle?

Adaptablity to new cultures and language

Settling into a new destination often requires months of effort, with coworking spaces and local networks aiding in building connections and navigating cultural nuances.

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Fitting In Is Crucial Both When Leaving For Overseas Assignments And Returning

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In a recent article, I explored the various benefits of living abroad, both for us as human beings and also as employees. Doing so is not without its challenges, however, whether involving language difficulties, culture shocks, administrative obstacles, a lack of social contacts, or general homesickness.

A recent survey conducted by banking giant HSBC in support of its Unforeign Exchange campaign showed that it can take up to 8 months before somewhere can truly begin to feel like home, with around a quarter of respondents saying it took over a year.

Settling in

Given their extensive experience of traveling, it's perhaps not surprising that digital nomads were among those who were able to settle relatively quickly, but even they took around six months or so to feel at home.

"In our facility in Lisbon we have a large number of digital nomads because the Portuguese government has done such a great job of attracting nomads to the city, but while they're obviously experienced with traveling around, we still make an effort to help them to settle in," says Ceinwen Jarvis, Global Head of Marketing at co-working space Second Home. "As part of the onboarding process for each new member, we try to understand who they are and what they're trying to achieve, and the community at each of our facilities is great at helping people to meet new people, learn how the system works, and so on."

HSBC has attempted to tap into the experience of these frequent movers as part of its Unforeign Exchange campaign, with a wide range of people who move frequently for work and pleasure providing tips on how they have managed to make the process a success.

Creating a home

"A core challenge isn’t so much a practical matter as a psychological one – creating a home," says Geoffrey L Cohen, Stanford Professor and author of Belonging – The science of creating connection and bridging divides. "Home is a psychological state as much as a physical place, defined by a sense of belonging – a feeling of being an accepted part of a larger community."

Among the various suggestions Cohen makes, most revolve around the power of community, both to provide people with a support network to help during the transition but also to help to understand and integrate with the local community.

This latter point is worth focusing on, as there have been a number of concerns raised by natives that digital nomads in Portugal haven't really integrated at all. Instead, they form a kind of nomad bubble where they mix well with each other but seldom come into contact with native Lisbon residents.

To overcome this, Cohen highlights the power of volunteering, as this not only ensures that people mix with locals but also gains an understanding of the various issues and challenges locals face. This point was reinforced by Cohen's Stanford colleague Jeffrey Pfeffer, who showed that volunteering not only helps us build bonds with our fellow volunteers but also helps us to align our own purpose and values with that of the area and the cause.

Civic-minded

This has the potential to then become a virtuous cycle, as research from the University of Chicago shows that time spent living abroad helps to make people more civic-minded.

This manifested itself in things like volunteering, where those who had studied abroad would actually volunteer rather than merely state that volunteering was important.

“Those students who go abroad report more often actually taking the actions to participate as opposed to just believing that they should participate,” the researchers explain.

Overseas assignments

For companies sending employees on overseas assignments, however, the time required to successfully integrate is often not an option. For instance, Capgemini's FlexAboard program allows employees to relocate to another country, but only affords employees 45 days each year.

Many other overseas assignments are for specific projects or for training purposes, so can typically last between three and 12 months. While this is long enough to perhaps move beyond the "living out of a suitcase" phase, it might not be long enough to create an indelible connection to one's adopted home.

While shorter assignments may not be sufficient to truly feel at home overseas, it does nonetheless appear to impact those involved, as data from Brookfield Global Relocation Trends shows that nearly 40% of returnees leave their jobs within a year of coming back home.

This discontent is driven in large part by employers often treating people the same way upon their return as they did when they left, despite the overseas assignment having changed them significantly.

Research from Mount Royal University shows that there is a general expectation among returnees that their employer will adjust the work they do to better reflect the new experience they'd gained overseas. For instance, they would be much more interested in strategic involvement and desperately want new ways to deploy the knowledge they picked up.

With data showing there is a rise in the number of employees sent on overseas assignments, it seems increasingly important not only for managers to take an active role in ensuring employees integrate successfully into their adopted community, but also to make concrete steps to ensure a better integration when they return.

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What are critical aspects of the digital nomad lifestyle?

Adaptablity to new cultures and language

Flexibility and adaptability are essential for overcoming logistical challenges and thriving in diverse cultural environments as a digital nomad.

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Content: 【 IT New Force 】 College Students Experience “Digital Nomad ”
16: 00 2023 / 11 / 05
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In recent years, the digital nomadic work model has emerged, and the "survival at work" training program has also allowed college students to try to integrate work and life in camper cars, youth hostels and other scenes without time and offices, and need to manage their own schedules.
In recent years, there has been a thirst for IT talent in various industries, but the workplace and work patterns have changed after the epidemic. How can new entrants prepare for the job market? Gain knowledge and skills in the development of IT talent programmes.
Thomas shared that he studied Associate of Engineering and Computer Science at the University of Hong Kong ’ s School of Professional and Continuing Education (HKU SPACE) for the past two years, and this year he graduated with a Bachelor ’ s degree in Information Engineering from CUHK.
Because of the campus environment, it is difficult to contact the actual operation of the business world.
For example, his subject is mainly mathematical knowledge. “Even if there are small group classes, there is little talk about how to apply and analyze the strategy. ”
Thomas said that he had explored his future career path and understood his intention to develop in the ICT industry.
(photo by Zhang Baoyan)
[Talent shortage] Machine learning improves recruitment process Job search platform Moovup: Hong Kong job vacancies continue to increase
Explore the way forward for the development of the ICT industry
As a result, he was given the opportunity to participate in different skills workshops through the interworkshop programme, and on the one hand, he was able to gain experience in conceiving business IT projects for retail enterprises, and from the perspective of industry people, to understand practical workplace collaboration, from conception to implementation of projects, etc., he pointed out:
The plan raises a question, provides corresponding resources without a framework, and learns to analyze and formulate technical strategies more clearly.
He also shared that he had explored his future career path earlier, and more specifically understood his intention to develop in the ICT industry.
As a result of his more outgoing personality, he plans to look for ways to use technology to help set up business projects, rather than simply engage in scientific research.
After entering a bachelor ’ s degree, the fields of study will become more and more diverse, involving network security, AI, hardware, etc., and it will take time to figure out which areas they are more interested in deepening their development.
It ’ s a good time to hire female professionals.
Experiencing “Digital Nomad ” to Test Mental Quality Self-Discipline
During the pandemic, many wage earners began to explore the possibility of a new form of work, Digital Nomad, that is, they do not have to check in every day, and the working environment and location are not limited to Hong Kong, and they can achieve a balance between work and life.
Tracy says digital nomads are a work model she wanted to try out earlier.
(photo by Zhang Baoyan)
Tracy Chung, a final year student in CityU ’ s information system, said that she had already felt from internships that if the company could give employees flexibility, such as a hybrid office model, it would be attractive to look for a job in the future.
And the emerging digital nomad, is also the work model she wants to try to experience.
The concept dates back to 26 years ago. It mainly refers to the fact that with a stable network and laptop, you can work and travel around the world, you can “work in the place where you live ”, and the mode of work has become more free, you can understand different regional cultures and expand the global social network.
Therefore, when she noticed that the off-campus incubation program included “being sent to various parts of Hong Kong on business trips for 4 days and 3 nights of ‘ time and space travel ’ to simulate a working model that is not limited by time zones and regions in 2030, ” she also hoped to experience the model of digital nomad first.
Free working mode to understand different cultures
She admitted that although she can interact like a digital nomad in the event, and communicate with tertiary students in different disciplines, expand social networks and have the opportunity to collaborate on group projects.
But at the same time she found:
It turns out that if you want to be a digital nomad, you also test your psychological quality and self-discipline, and if you encounter difficulties or accidents, such as being unable to connect to the Internet, you also need to learn to calm down and deal with them, and you also need to have the ability to plan and make decisions.
Therefore, the experience will make her understand the need to improve the above soft skills.
Responding to social change equipping future skills
Experience the epidemic that has ravaged the world for more than three years, coupled with rapid technological development and change.
According to Chan Po-chen, Chairman of Hong Kong Broadband Talent CSI Foundation, and Cheung Yiu-kee, Senior Manager of Youth Services of St. James ’ Settlement, they have in recent years set out to nurture the next generation of talents by enhancing their knowledge of digital citizenship and helping to equip future skills to cope with social change.
Chen Po-chen (front), Chairman of Hong Kong Broadband Talent CSI Foundation, and Cheung Yiu-kee, Senior Manager of Youth Services of St. James ’ Settlement, said that in recent years, they have set out to provide practical support to young people who have dreams but lack experience and preparation.
(Photo provided by interviewee)
They point out that if the soft and hard skills that young people are learning today are not aligned with the needs of the future, or have insufficient knowledge of the future:
And when the time comes for change, it will be difficult for them to do so.
For this reason, this year, we are planning to invite local tertiary students to join us for free to explore the ICT (Information and Communication Technology) workplace, invite well-known companies to provide real cases, understand the future trend of technology companies, and provide workshops and practical opportunities related to business technology solutions.
Inspire innovative ideas to drive industry attention
Moreover, in the training program, they are also allowed to try to integrate work and life in the context of camper cars, youth hostels and other scenarios without time and office, and need to self-manage the schedule to design prototypes for future ICT solutions for designated enterprises.
The outstanding groups can also obtain over HK $10,000 in project incubation funds, and have the opportunity to collaborate with leading enterprises to develop “Future ICT Solutions ” to lay the foundation for future careers in science and technology.
In the long run, they hope to build and deepen young people ’ s career thinking about the future of work, “and inspire innovative ideas to further think about how technology can be used in various industries in the future, and to promote industry and society to pay attention to and discuss the future of work. ”
Reporter: Zhang Baoyan
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What are critical aspects of the digital nomad lifestyle?

Adaptablity to new cultures and language

IT professionals should prioritize locations with robust digital infrastructure, such as high-speed internet, to maintain productivity and manage remote work effectively.

Regulatory friendliness and ease of doing business are critical factors, as supportive policies for remote workers simplify legal and financial arrangements.

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Content: Crypto Hubs 2023: Where to Live Freely and Work Smart

With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.

Jun 27, 2023 at 11:57 a.m. UTC
Updated Jun 27, 2023 at 3:01 p.m. UTC

Crypto is on the move. In the last several weeks alone, three exchanges including Binance, Bybit and OKX, have exited Canada altogether. Gemini announced it would dramatically boost headcount and operations in Singapore. And venture capital firm Andreessen Horowitz (a16z) has named its first non-U.S. outpost – in London.

This is a fluid time for crypto companies as it seems the regulatory landscape is shifting eastward from North America, where both the U.S. and Canada are seen as unfriendly. In the past year or so, Dubai established the Virtual Asset Regulatory Authority (VARA), with neighboring city Abu Dhabi seeking to pass its own crypto-friendly regulatory framework this year, the European Union passed the Markets in Crypto-Assets regulation in April and just this month, and Hong Kong's Securities and Futures Commission began accepting license applications for crypto exchanges.

The lack of a global regulatory framework for crypto has made it possible, if not imperative, to practice regulatory arbitrage. Last year, directors of the International Monetary Fund’s (IMF) Monetary and Capital Markets department called for a global framework to “bring order to the markets, help instill consumer confidence, lay out the limits of what is permissible, and provide a safe space for useful innovation to continue.”

The absence of such a coordinated worldwide effort would lead to national regulators “locked into differing regulatory frameworks.” Ultimately, crypto professionals would be compelled to “migrate to the friendliest jurisdictions.”

That is the reality of the crypto industry today. With the strong popularity of remote work, crypto companies really cannot ignore the possibility of relocating or at least expanding to more crypto friendly jurisdictions. The countries or regions where regulations are in place are attracting attention and interest from even the biggest companies.

It’s not a coincidence that after the U.S. Securities and Exchange Commission (SEC) sued Coinbase (COIN), the largest U.S. crypto exchange, for allegedly trading unregistered securities, a politician in Hong Kong then invited the company to apply for licensing in the city-state. Or that Coinbase has publicized its meetings with authorities in the United Arab Emirates to discuss establishing a hub there.

Startup founders and digital nomads alike are surveying the landscape and developing a rubric for deciding where to put down roots, said Janina Pietrowska, an attorney at Rechtsanwälte Lennert Partners in Liechtenstein that advises crypto clients on choosing where to incorporate, especially security token offerings.

She said regulation, though important, should not be the entire consideration. Other important factors include a favorable investment environment, the ease of doing business and low taxes.

The world is your oyster

If you could relocate anywhere in the world, where would you go?

This is basically the question CoinDesk is answering in Crypto Hubs 2023 with a ranked list of the best places to live and work for crypto professionals.

We put ourselves in a crypto startup founder’s shoes and collected then weighted data for eight different criteria that range from regulatory friendliness, digital infrastructure to quality of life. Our results, a ranked list of 15 crypto hubs, may contain some surprises. And we hope it will spark discussion.

Crypto Hubs 2023: The 15 Best Places to Live Freely and Work Smart

Edited by Daniel Kuhn.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Jeanhee Kim is senior editor for lists, rankings and special projects.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

What are critical aspects of the digital nomad lifestyle?

Knowledge of visa and other legal requirements

Access to professional communities and coworking spaces enhances collaboration and networking opportunities, while proximity to cultural activities balances work and leisure.

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Creating A Hub For Tech Startups: Four Lessons For Tech Entrepreneurs

Ryan Jones is the co-founder and CEO of Florence Healthcare, a leading clinical trial software company.

Atlanta has emerged as a hub for health IT software, with Georgia currently boasting more than 200 healthcare IT companies and almost all of those companies located in or around the Atlanta area. This growth inspires the question: Why are so many healthcare technology companies choosing to set up shop in the South, rather than in traditional hubs like Silicon Valley or the Northeast?

When we look at Atlanta, where my company is based, we can see that the city benefits from the same ingredients that supported growth at the tech hubs that came before it: a regionally-focused area of expertise (healthcare), an educated workforce and a tech-friendly regulatory environment and culture.

By looking at how Atlanta has succeeded in attracting healthcare tech companies, we can see the benefit of betting on a niche. Then we can turn to look at other characteristics all tech entrepreneurs should search for when choosing where to start their businesses. Based on this, here are four characteristics tech entrepreneurs and leaders should look for in a prospective hub before they set up shop.

1. Find an industry niche where your city has momentum.

Entrepreneurs who want to enter a given tech space should search for cities with momentum in that field. When a niche has gained momentum in a particular city, you’ll notice a few telltale signs. The first is that one or two of the businesses from the new industry are experiencing exponential growth.

Second, you’ll notice that those businesses are receiving support from the surrounding community. Researchers from local universities are drawn there, and the state or city governments seem eager to recognize or provide incentives to the fledgling industry.

Once you see these signs, you can look for gaps in this growth. Of the businesses that have already taken root, what product is missing? How can you jump into the growing industry but focus on a new aspect of it? For example, we chose to focus on clinical trial software because while healthcare tech was growing rapidly, clinical trial sites were still underserved.

2. Fuel your progress with a diverse, educated workforce.

Like many major cities, Atlanta has no shortage of diverse talent. The city’s population is roughly 51% Black, 4.4% Asian and 4.3% Hispanic, and 4.2% of residents identify as LGBTQ+. Silicon Valley is also diverse, with many Asian, Latinx and LGBTQ+ residents. This gives tech startups in Atlanta an advantage when it comes to finding diverse talent. Tech startups should prioritize settling in a hub that has rich diversity; research shows that diversity increases companies’ innovation and financial success

Startup entrepreneurs should also search for cities with an abundance of universities. Boston became a biotech hub thanks to its excellent schools, and Silicon Valley businesses relied heavily on graduate students in their early days. Atlanta, for instance, benefits from schools like Georgia Tech, Georgia State and Emory, as well as HBCUs like Morehouse, Spelman and Clark. Tech entrepreneurs should consider the number of HBCUs in a prospective location, as these colleges produce 25% of African American graduates with STEM degrees, which is a huge boost to tech startups searching for employees.

3. Seek out resources and communities for entrepreneurs.

All tech startups can benefit from networking, mentoring and education opportunities. The Bay Area excels at providing these resources, but the Southeast, Midwest and Southwest are stepping up their games in an attempt to compete.

When trying to determine if a hub has the resources you need, you can begin by searching for startup alliances or accelerators. A quick Google search should reveal what accelerators a city has and whether those accelerators have produced other successful startups. In Atlanta, for instance, our program is the Advanced Technology Development Center.

When you find one or two of these communities, begin networking and attending events before you focus on funding. By attending pitches and social events, you can see if the community is a good fit for you and if other startups have experienced the kind of success you want before you start joining pitching events yourself.

Building a stronger sense of community with more mentorship and funding opportunities will help newer hubs grow and compete with established hotspots.

4. Learn from other startups.

When a few startups survive and grow, others are likely to follow. In Atlanta, we’ve seen this trend with billion-dollar unicorn companies like SalesLoft, OneTrust, Calendly, Greenlight and FullStory. The healthcare industry has seen examples of this trajectory, too.

In addition to researching startup accelerators and the successful companies they’ve produced, form professional relationships with other startup founders in your area. Many startup accelerators bring back successful companies who they’ve helped for presentations and workshops. When you attend these events, take the time to talk to other founders afterward about their challenges and what they’ve learned.

Learning from other entrepreneurs is important, but so is sharing your own knowledge. If you meet a company that is in a similar field to yours, think about ways you can collaborate and share your expertise or technology with one another. You may be able to form an official partnership that garners more local support for both of you.

However, a few startups succeeding won’t be enough if those startups don’t invest in others. When our startups succeed, we need to use that experience — and the investable cash that comes from startup success — to inspire, mentor and fund other entrepreneurs.

Finding The Right Home For Tech Startups

When entrepreneurs understand cities’ strengths and weaknesses as startup hubs, they can determine which communities will best support their businesses.

Technology start-ups can thrive in any city with a strong regional industry, an educated, diverse workforce and tech-friendly resources. Entrepreneurs willing to look beyond traditional hubs like Silicon Valley or New York may be amazed by the communities they can find to support their growing start-ups.

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Ryan Jones is the co-founder and CEO of Florence Healthcare, a leading clinical trial software company. Read Ryan Jones' full executive profile here.

Ryan Jones is the co-founder and CEO of Florence Healthcare, a leading clinical trial software company. Read Ryan Jones' full executive profile here.

What are critical aspects of the digital nomad lifestyle?

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