Digital nomads are people who choose to embrace a location-independent, technology-enabled lifestyle that allows them to travel and work remotely, anywhere in the world. The digital nomad lifestyle has gained much traction since the onset of the pandemic, and the phenomenon has steadily been on the rise since 2014, according to the OECD.
One country that is looking to attract digital nomads is Indonesia, specifically the beautiful resort island of Bali. The Indonesian government has introduced a “second home visa” which allows wealthy foreigners, professionals, investors, and retirees to stay in the country for up to 10 years. The visa is a “non-fiscal incentive” for certain foreigners to make a positive contribution to the Indonesian economy, and is designed to attract individuals who will bring wealth, spend money, buy houses, send their kids to school, and potentially set up new companies.
According to local authorities, 95% of digital nomads surveyed rated Indonesia as a top destination for remote work. The country offers a lower cost of living compared to many developed countries, as well as a warm and welcoming culture, beautiful beaches, and vibrant nightlife.
Indonesia is just one of the many countries that have launched new visa programs targeting digital nomads. As of June 2022, more than 25 countries and territories have introduced their versions of digital nomad visas to draw remote workers, according to a report by the Migration Policy Institute, a US-based think tank. These programs vary in terms of how long you can stay, the minimum income required, and whether or not you have to pay income tax.
Some of the top destinations for digital nomad visas include Bali, Thailand, Barbados, and Bermuda. These countries offer a range of benefits for digital nomads, including a low cost of living, a vibrant culture, and a strong sense of community.
It is clear that the world of digital nomad visas is constantly evolving and there are many exciting developments on the horizon. If you are considering becoming a digital nomad, it is important to do your research and choose a destination that meets your needs and preferences. In this post you find the best destination for digital nomads.
With a little bit of planning and preparation, you can turn your dream of working and traveling the world into a reality.
