If you have always wanted to explore the world and go down the roads less travelled, you may have been wondering who are digital nomads and how to become one of them. More and more people embrace this lifestyle as it allows them to follow their passion and learn more about different cultures.
How to Become a Digital Nomad
FindStack discovered that around 18% of people will work remotely full-time in 2022, which enables them to earn a living regardless of their location. Read on if you want to learn how you can discover the world while working remotely. These tips will help you find a perfect work-life balance.
Diversify Your Income
Whether you have a stable source of passive income or need to earn money working on freelance projects, don’t put your eggs in one basket. You may use the following sources of income: playing online casino games, starting a dropshipping business, doing content creation, providing video editing services, teaching foreign languages, working as a virtual assistance, etc.
Make sure to get basic SEO skills as it will allow you to apply for a range of remote job positions. According to stats, 16% of U.S.-based companies hire only remote employees, so you can easily land a good job provided you put in enough time and effort.
Some digital nomads release books about their travels, whereas others prefer writing guest posts or going into affiliate marketing. Regardless of your choice, make sure that your earnings cover your travel and accommodation expenses.
Live for Several Months in One City
There is no need to travel to a new destination every week as it might be exhausting to take care of the living arrangements so often. Digital nomads prefer staying in one place for a couple of months to see if they like it.
If you have a successful side business, it will allow you to live comfortably and schedule your future trips without worrying about your money. You may also use your freelance gigs as additional sources of income.
Create a schedule and try to follow it closely. Most people prefer working several hours during the day and spending evenings and weekends exploring a new country.
Test Whether This Lifestyle is for You
In case you aren’t sure whether such a lifestyle suits you well, go on a vacation to see if you will be able to work and remain productive. Remember that you will need to combine work and travel to be able to sustain this lifestyle.
Is a Digital Nomad Lifestyle Expensive?
Your expenses will largely depend on the country you decide to stay in. It’s believed that the countries of Southeast Asia offer the best conditions for people who want to embrace this lifestyle. You may go to Vietnam, Malaysia, Thailand, or Indonesia without worrying about the cost of living.
Provided you have some money, you may also visit such European countries as Spain, Germany, or Portugal. However, be ready that the cost of living, including rent, is much higher there.
Keep in mind that some countries allow you to apply for a remote work visa, such as Estonia, Mexico, Costa Rica, Croatia, Peru and Portugal.
To pay your taxes in time, create a budget before going to a country that you want to visit. You need to stay within your budget if you avoid unnecessary expenses and keep your spending habits in check.
If you are self-motivated, enjoy travelling, and know how to think outside the box, this will be a perfect lifestyle for you. To succeed, make sure to hone your professional skills as it will allow you to earn more and feel more financially secure when exploring the world.