Do you dream of making your office anywhere you are on the globe? If so, the digital nomad life is calling your name.
Let me break it down for you: I kicked things off in Pakistan, landing my first writing gigs. When I hit Switzerland for grad school, my work rolled right along with me. Between classes, I’d be at some local café, my laptop open, tapping away at my latest assignment. And whenever I’d take off to check out a new European spot on a long weekend, my work was right there in my backpack.
Curious how to get into this lifestyle and keep the cash flowing while hopping from one country to the next? Stick around for this guide. I’ll walk you through how to make the digital nomad dream your everyday reality.
What is a digital nomad?
A digital nomad is a person who works online while traveling the world. Unlike the typical image of beach lounging with a laptop, which isn’t practical due to the glare, digital nomadism is truly about creating the perfect work-life balance.
For the digital nomad, “life” is about more than the daily grind—it’s the thrill of exploring uncharted territories, immersing in diverse cultures, and connecting with people from all walks of life. Each destination adds depth to their days and brings stories to tell.
→ Click Here to Launch Your Online Business with Shopify
On the work front, digital nomads are strategic, often generating passive income through online means to support their lifestyle. This financial stream allows them to sustain their explorative spirit and fund their freedom.
What’s the difference between digital nomads and remote workers?
A digital nomad is someone who earns a living through online work while embracing a nomadic lifestyle, frequently moving from place to place. This contrasts with remote workers, who may have the option to work from home or anywhere else, but don’t necessarily travel as part of their lifestyle.
Pros of being a digital nomad
1. Flexibility in work
As a digital nomad, you can choose when and where you work. Whether it’s a beach in Thailand or a café in Paris, your work environment is yours to select.
2. Greater creativity and productivity
You may find yourself more inspired and efficient in non-traditional settings. New environments can stimulate your brain, leading to fresh ideas and a more satisfying work experience.
3. Diverse connections
You’ll meet fascinating people from various cultures and professions in co-working spaces and other digital nomad hotspots. Each encounter can enrich your professional and personal life.
4. Travel where you please
You’ll enjoy the freedom to travel extensively. Remote work lets you explore the world without sacrificing your income, offering a lifestyle unrestricted by geographic boundaries.
Cons of being a digital nomad
1. Income variability
Earning money as a digital nomad can be unpredictable. You may need to plan for passive income streams to ensure consistent earnings.
2. Time zone twists
Time zone differences may lead to unconventional work hours. Planning and adaptability are key to handling this aspect of digital nomadism
3. Visa regulations
Securing the right to work legally can be complex. Some countries offer digital nomad visas, but often with stipulations about income and savings that require careful planning.
4. Internet dependence
A reliable internet connection is non-negotiable for remote work. You’ll need to ensure that wherever you travel offers the tech infrastructure you require to stay connected and productive.
Popular digital nomad jobs in 2024
Embracing a digital nomad lifestyle opens a world of opportunities, especially when it comes to choosing a profession that complements your wanderlust. If the traditional office setup doesn’t match your remote work aspirations, consider these in-demand digital nomad job roles that blend seamlessly with a globe-trotting life in 2024:
1. Cybersecurity specialist
With businesses increasingly operating online, expertise in cybersecurity has never been more crucial. As a digital nomad, you can safeguard digital infrastructures from anywhere you can find an internet connection, allowing for a dynamic work environment that’s as flexible as your travel itinerary.
2. Online store manager
Online shops are everywhere, and they need managers. As a digital nomad, you could run an ecommerce business from any city or town you visit. You’ll bring fresh ideas to the business from the cultures you experience.
3. Virtual assistant
Streamlining executives’ busy schedules doesn’t require a fixed location. Organize, coordinate, and manage administrative tasks from any corner of the world, ensuring businesses run smoothly while you enjoy the freedom of remote work.
4. AI engineer
As AI technology advances, the need for skilled engineers does too. Train and develop AI systems from any destination with connectivity, contributing to the future of technology against a backdrop of your choosing.
5. Digital content creator
Turn your travel experiences into captivating content. Whether it’s through blogging, photography, or video, creative storytelling can resonate with audiences globally, all while you discover new landscapes and cultures.
6. Online educator
Education transcends physical classrooms. Share your expertise through virtual teaching, bringing unique insights from your travels directly to learners across the globe, enriching their knowledge with real-world perspectives.
7. Sustainability consultant
With sustainability at the forefront of global business priorities, your expertise in this area can lead to a role that’s as mobile as it is impactful. Advise companies on best practices from wherever your travels take you, from lush greenery to urban landscapes.
Each of these professions not only supports the notion that digital nomads tend to seek fulfilling careers that allow them to work remotely, they also exemplify the shift toward a global workplace, where geographic boundaries become less relevant.
How to become a digital nomad
1. Secure an online income
Your journey to becoming a digital nomad starts with securing a stable online income. Consider what you’re skilled at—is there a demand for it online? For a successful shift, you need:
- A remote income source you can rely on
- A laptop with consistent internet access
- Good budgeting skills to manage your money online
Find work you are good at and sell it online. This will help you keep earning money no matter where you travel.
2. Embrace minimalism
Next, adjust to a life of less. Digital nomads travel with essentials only. This lifestyle is not for those attached to physical possessions like a vast wardrobe or a high-definition TV. Cut out the fluff—unnecessary subscriptions, gym memberships, and expensive habits—to make mobility your new norm.
3. Invest in travel health insurance
Health insurance is critical for digital nomads. In new countries, even a simple misstep could lead to a medical emergency. Cover your bases with travel health insurance from a reputable provider, or check if your existing employer’s policy can extend internationally. Ensure you’re covered to face any health hiccups on your journey.
4. Opt for nomad-friendly banking
Banking fees can eat into your travel budget. Equip yourself with debit and credit cards that don’t penalize international transactions. Seek out banks that offer accounts with no foreign transaction fees and ATM charge reimbursements. It’s all about keeping your finances fluid and your costs predictable.
5. Unlock your communication
A functional phone is your lifeline. Before you hop from one country to the next, ensure your phone is unlocked. This simple step means you can use local SIM cards and avoid exorbitant roaming charges. It’s the smart way to stay connected without draining your wallet.
6 tips for digital nomads who want to travel the world
1. Start with shorter vacations
Keep in mind that when practicing with a shorter vacation, the focus should be on being productive abroad rather than vacationing. These test runs are meant to help you understand if you’ll have the motivation to work as a digital nomad. A digital nomad isn’t a full-time traveler, but a part-time traveler, part-time worker.
2 Join social groups
Loneliness can be a real challenge for digital nomads. Look for digital nomad communities on Facebook or join local meetups and coworking spaces to connect with others who share your lifestyle. This sense of community can be an invaluable support system.
3. Stick in one place for several months
Instead of constant movement, consider a digital nomad visa that allows you to stay in one place for an extended period. This stability can help you immerse in local culture and decide if you’re ready for the full nomadic lifestyle, while offering a much-needed respite from travel fatigue.
4. Create a schedule
Crafting a routine is crucial. Decide whether you’re more productive in the mornings or evenings and build your work schedule around that. Whether you work in sprints or maintain a steady daily routine, a structured schedule will help you balance your digital nomad jobs with exploration time.
5. Get the business skills you need
Many digital nomads enhance their expertise by taking online courses in marketing, negotiation, and time management. These skills are crucial to effectively manage and grow your online business from anywhere on the globe.
6. Go with the flow
Adaptability is key. As you embark on your digital nomad adventure, prepare to face and overcome obstacles. If you find the lifestyle isn’t for you, the experience and stories you’ll gather along the way are priceless. Remember, every challenge is a chance to grow and inspire others..
How much does it cost to travel the world as a digital nomad?
Exploring the world as a digital nomad requires careful financial planning and a zest for adventure. Consider Southeast Asia for its cost-effectiveness. Nations like India, Pakistan, Indonesia, and Thailand have a low cost of living, allowing your budget to stretch further, especially when you’re earning in stronger currencies such as USD or euros.
Remember, taxes follow you wherever you go. It’s wise to set aside roughly a third of your income to cover your tax obligations, though the exact amount will depend on your total income.
Settling in one location tends to be more economical than constant travel. Eating like a local, shopping at markets instead of dining out, and choosing hostels over hotels can also reduce your daily expenses significantly. Use public transportation to get around affordably.
A realistic budget is your roadmap to living well as a nomad. Match your income to the cost of living in your chosen destinations. If the numbers don’t line up, look for ways to increase your income or cut back on spending. Remember to factor in the costs for essentials like a reliable virtual private network (VPN) and digital nomad community membership to stay connected and supported.
Best countries to live in as a digital nomad
Deciding where you should live is tough when you’re a digital nomad. Which place should you pick when you’ve got so many options to choose from? There are a number of factors to consider when making this choice as a digital nomad. And the factors you consider may be different from what other people value to be crucial.
Maybe some people have a higher tolerance for rainy days than others, some people might need a place where there’s exciting night-life, whereas others might just want a small town feeling.
Here’s a list of top countries we’ve compiled that could best fit your needs as a digital nomad.
- Thailand
- Indonesia
- Spain
- Hungary
- Mexico
- United States
- Vietnam
- Malaysia
- Germany
- Portugal
- India
- Pakistan
5 digital nomads share their experiences
1. Kelly Chase, a digital nomad and host of The UFO Rabbit Hole Podcast, shares her experience of the nomad life with her best friend and colleague, Kari DePhillips.
“Travel can be exhausting and distracting,” she says. “Many digital nomads struggle and burn out. Kari and I succeeded because we had experience with short trips before diving in fully. We learned early on what it would take to sustain this lifestyle.”
She advises new digital nomads to start with brief trips to balance work and travel demands. Staying longer in one place can also be beneficial. “At first, we changed locations monthly, but we soon realized it was impractical,” Kelly explains. “Staying six to eight weeks in one spot reduces jet lag and pressure. If work gets intense, you’re less stressed, knowing there’s still time to explore.”
2. Jeff Moriarty, co-owner of Mothers Family Rings, spends half the year traveling. “My father’s global gemology work inspired my wanderlust,” Jeff says. “He returned with wonders that sparked my curiosity. I set up my life to sustain travel—both in terms of freedom and finances. I extended our family business online, which frees me to earn from anywhere.”
For Jeff, the joy of travel is in the unexpected. “I love to get lost. It’s disorienting, yet leads to incredible discoveries.”
His passport is a mosaic of stamps from China to Peru. But he cautions, the digital nomad life isn’t for all. “It means being OK with distance from family and the absence of a fixed home.” His advice? Start with a one-month trip. If you don’t miss home, gradually increase the duration. “It’s a way to test the waters before diving in,” he says.
3. Caleb Backe, a health and wellness expert at Maple Holistics, found his stride as a digital nomad when his ecommerce venture succeeded. “My business’s growth meant I could travel and work simultaneously, discovering market niches around the globe,” he says.
“The essence of the internet is global connection. Travel enriches this by offering deep cultural understanding and market insights—something you can’t get through a screen.”
Caleb spends most of his time in Asia, where he connects with suppliers. Personal interactions, he finds, lead to better deals and stronger trust than online conversations.
He loves his nomadic life for the freedom and cost savings it offers. But it’s not for everyone. “You need a financial buffer or a stable business,” he advises. “This lifestyle demands discipline, as blending work with wanderlust can be tricky.”
For those starting, Backe recommends easing in. “Take a vacation first to satisfy your rest urge. I hit my productive stride once I did this. With a good foundation or steady income, you’re set to succeed.”
4. Ryan O’Connor, owner of One Tribe Apparel, reflects on his journey from being in a band to becoming a digital nomad. “After the band split, I delved into online marketing. A few years later, I embarked on my nomadic journey,” he says.
“My first stint in Asia involved client calls at odd hours. Yet, the hard work balanced out with unforgettable experiences. I’d dive into intense work sessions, then treat myself to adventures like enjoying Carnival in Brazil without worrying about work.”
He recalls a pivotal moment in Thailand, during a celebration after a photo shoot. Looking over the hills, he was struck by the incredible turn his life had taken.
Ryan has traveled extensively, from Mexico to Hungary. He admits it’s not always glamorous, with loneliness and uncertainty as constant companions. “One month you’re with friends on a beach, the next alone in a motel with insects,” he says, stressing the importance of resilience.
His advice: Son’t get caught up in moving constantly to maintain “nomad cred.” “Prioritize your business. Sometimes, that means a more routine lifestyle,” he says, dismissing the idea that nomads must keep moving to validate their lifestyle.
5. Silvia Christmann, a growth coach and digital nomad, embraces the freedom of her lifestyle, saying, “No matter where I am, I feel empowered to explore any corner of the globe. When I settle into a new place, it’s refreshing, but soon, I’m ready for the next chapter.”
She also acknowledges the volatility of such a life: “This lifestyle comes with a fair amount of uncertainty, which can be really stressful and unsettling for some. Not everyone is suited to this; it’s perfectly OK. If you love consistency and value physical closeness and quality time with your friends and family, this lifestyle is not for you.”
Is the nomadic lifestyle right for you?
The dream of a beachside life, complete with wine and no worries, may blur the real picture of a digital nomad’s life. Let’s unpack whether this lifestyle fits you.
Travel, solitude, change: if these excite you, and if you excel at overcoming challenges, you may enjoy being a nomad. Remember, digital nomads often face loneliness. It’s a deeper sense of isolation, beyond not having people around—it’s about missing genuine connections.
Adaptability is crucial too. Every country brings new rules to follow, adding to the nomad’s challenge.
On the flip side, if family, routine, regular social life, and stability top your list, think twice. That said, a nomadic life doesn’t exclude these comforts.
Coworking spaces across the globe offer community and structure. Nomad groups and events provide a chance to bond and travel with others.
Life has its ups and downs, whether you’re on the move or not. Most nomads do find a permanent spot eventually, whether that’s back home or a new place that captures their heart.
- 10 Remote Work Statistics That You Need to Know [Infographic]
- How to Start a Business: A Guide to Starting a Business
- How to Run a Business Whilst Travelling the World
- How to Turn a Side-Hustle Into an Adventure Around the World
Do you want to be a digital nomad? Let us know where in the world you’d love to work!
https://www.oberlo.com/blog/digital-nomad
#financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances #generationalwealth