Essential Guide for Digital Nomads
To many people, being a digital nomad sounds like the ideal arrangement: working from a beachside bungalow, in a hammock with your laptop, and enjoying life to the fullest. With the ongoing trend towards remote working for many knowledge worker jobs, and a growing number of schemes from a variety of countries to attract individuals to work remotely, aviation journalist – and ten-year digital nomad – John Walton provides the real-world insights.
In reality, life as a digital nomad – someone who has a job that can be done anywhere and maximizes opportunities by traveling while working – can sometimes be less idyllic, especially in today’s fast-paced environment. However, having been a digital nomad for a decade, I’ve accumulated numerous amazing experiences. Here’s some valuable advice if the work-from-anywhere lifestyle has been captivating your thoughts.
The Job Itself
First and foremost, consider what type of job you intend to pursue. Clearly, roles that primarily involve computer work are ideal candidates for remote work. Furthermore, many companies are currently seeking people who can cover multiple time zones, making this an opportune moment for tech-savvy professionals.
If you’re contemplating a switch to a new career – as I did when I transitioned to digital nomadism – it’s advisable to ensure you have a financial cushion of at least six months’ expenses. Moreover, having a backup job option and a full fallback plan is essential.
Additionally, reflect on whether you want to experiment with digital nomadism. If your rental agreement is nearing its end, this might be a perfect time to store your belongings and explore the work-from-anywhere options.
Location, Location, Location…
Choosing a destination is a significant consideration in your journey as a digital nomad. This choice will depend on various factors, such as whether you prefer to live in a vibrant city every month or settle down in a picturesque rural village.
Understanding the housing market is crucial to ensure reasonable options for nomads. Internet speed and accessibility are paramount; certain countries may not provide adequate speeds for modern digital jobs, even in major metropolitan areas.
Additionally, evaluate the safety of your chosen area, especially if you identify as female, LGBTQIA+, disabled, or belong to a minority ethnic group. Consider medical services, as well as the weather conditions.
Legal requirements are also important; in many countries, the status of digital nomads can be legally ambiguous, with regulations often lagging behind the evolving nature of remote work. Research the visa conditions and determine if you’re legally permitted to work in your selected destination.
Tax implications are another factor to consider based on your work location. If you hold a position at a substantial company, they may allow you to work remotely from countries where they have a physical presence. Consequently, ensure you have written agreements in place if you’re taking your job with you.
Important Aspects to Navigate
While these points may not be the most exciting, they are critical. You’ll need clarity on your banking situation, accessibility, and all associated fees for banking, ATM withdrawals, and currency exchanges. Considering digital money transfer services like TransferWise can help reduce international transfer costs.
With the current reductions in tourism globally, housing options might have become more flexible. Moreover, it’s essential to create an ergonomic workspace, even if it means sourcing an inexpensive table from local stores.
Having the right technology is also vital for digital work. Invest in a reliable laptop with a quality keyboard and a high-definition camera. Consider acquiring good-quality headphones and a microphone to facilitate communication with colleagues.
If your budget allows, purchase a tablet for leisure activities like reading or watching shows—decouple it from email and social media for relaxation. Establishing boundaries, such as signing off work-related applications after hours, can also enhance your well-being.
Extensive research is available online; identify the credible sources that align with your desired lifestyle. Best of luck! The rewards of traveling while working are certainly worth it.