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Bank accounts tend to be designated in a particular currency and operate in a particular jurisdiction, under a particular tax regime. Whenever money moves between banks, countries or currencies, there are fees to pay.
Deciding who will pay these fees and charges adds an extra layer of complication to fee negotiations with international clients. Most freelancers grudgingly swallow the bank charges to avoid alienating clients with complicated payment procedures, instead of negotiating a fee that accounts for losing some of the lump sums in costs and charges.
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Traveling on a standard tourist visa can cause problems for digital nomads. Most are valid for between one and three months and, officially, should not be used for working while in the country.
Similar rules apply to visa-free entry, for which you may have to show evidence of enough money ...
That idyllic image of working at your laptop on the beach is a bit of a fantasy – you won’t be able to see the screen clearly, and where is the wi-fi coming from? Real-life nomads choose a workspace with free wi-fi and a quiet environment.
Accommodation will be the biggest single cost of nomadic life, so plan ahead. Being a temporary resident isn’t like passing through on holiday; hotels and hostels drain budgets, and you’ll need your own living space to feel fully at home.
Location is key: if you have to tr...
Being a digital nomad doesn’t have to mean being a recluse, even if you’re working for yourself rather than being part of a team.
Plugging into the local nomad network is a great way to find out what other people are doing and get tips for great places to eat, sleep and wo...
The five vital attributes for a digital destination:
The first rule of fitting in anywhere is communication. Even if all your digital business is with people back home, learning some of the local languages will help with the logistics of running your business overseas, as well as making you feel more grounded and part of the local ...
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