Digital nomadism is on the rise, with more and more people realizing its benefits. There are many reasons why remote work is popular, with the ability to work from wherever topping the list.
Still, even though everyone can switch to remote work, it also holds true that the practice takes some considerable effort, especially for people planning to rely on per-project work. Unless you’re a company worker turning remote, you will have to learn to adapt to the ever-changing rules of the gig economy.
Let’s consider how to become a successful digital nomad.
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Successful digital nomads are resourceful and always looking for ways to improve their skill sets. For starters, being tech-savvy is an absolute must, and that implies keeping informed about the new tools and apps that keep emerging all the time.
The gig economy is rather competitive with more and more people looking for better opportunities and more lucrative gigs.
Turn to mLearning for the best results. It is a handy practice for people on the go and can help you optimize your time, while still leaving you with plenty of time to enjoy this exciting lifestyle.
Productivity is the keyword when it comes to digital nomadism. Many first-time digital nomads find out very soon that their idea of living on a remote island paradise while working very short spells of time isn’t really realistic.
Rather, planning your time ahead and using the right apps is the way to go about things. Never ever underestimate the power of online tools! If used the right way, they can make your life easier and help you optimize your time to such an extent that you will find it difficult to live without them.
One notable example is a good email app, seeing as incoming emails and people’s urge to check them immediately is the one single greatest contributor to decreased productivity.
The matter of insurance for digital nomads has been a rather hot topic for a while, especially since the pandemic hit. With an increasing number of people being forced to work remotely, digital nomadism has gotten a renewed boost.
Is there a way to plan for insurance while traveling the world and working on the go?
The fact that many insurance companies are considering innovative policies to meet the rising demand says it is not only possible but also sustainable. Consider undergoing a life insurance health exam sooner rather than later, as it will allow for better offers for obvious reasons.
Don’t forget to compare offers before making the final decision. If it seems the offer isn’t suitable, simply keep looking. Insurance companies are constantly brainstorming new offers for digital nomads, as more and more people are looking for non-standard policies.
Alongside insurance, taxes are probably the second most important matter. For many first-time digital nomads, it can be particularly difficult to keep track of the requirements.
One thing to remember is that federal taxes and state taxes will reach you no matter where you are, so it is a good idea to plan ahead and leave aside sufficient funds. However, you should make sure to use all expat income exclusions available.
As for the taxes of your countries of residence, they vary greatly. It is necessary, therefore, to inform yourself about them beforehand and make necessary calculations. Some expats opt for professional services, at least in the beginning, while others rely on the expat community for advice. The choice is entirely up to you, but remember that the local expat community is a great source of invaluable information. You should make sure to connect with these people as soon as you reach your new destination.
Before relocating, you should give serious consideration to the choice of accommodations. There is no one-size-fits-all approach, as standards and circumstances vary from person to person, but one thing is universal: don’t make upfront payments for an apartment you haven’t seen.
Now, Airbnb or a short hotel stay can be fine for a couple of days until you have found suitable accommodations. It may be a bit troublesome for people traveling with family or pets, but it is achievable.
Digital nomadism is highly customizable. It is you who influence how you will work, so brainstorm your long-term plans rather than relying solely on other digital nomads’ experience.
However, some things are just common sense, so let’s take a look at some actions first-time digital nomads may fail to take.
Firstly, if you’re planning to keep traveling for a while (or stay in one foreign country for a while, for that matter), abandon the valuables that you won’t need. For example, selling your car is a good idea, since new models will keep decreasing its value, so better do it sooner than later.
If you are adamant about keeping it, choose a safe place to park it and get an insurance policy. A garage is a good idea, as you won’t have to think about weather conditions and thieves, but there may be a better option for you. Think about it before you relocate.
Secondly, if you haven’t collected all the paperwork that may or may not be needed once you’re abroad, do it ASAP. And make copies! And store them with a trusted friend or family member back home.
Lastly, digital nomadism is a vibrant call set in a rapidly evolving sphere. Simply put, that means that, in order to always make the best of the offer, you should be on the lookout for the developments.
Experienced digital nomads traveling the world and relying on gigs to make money are always one step ahead of the trends. Remember that mLearning is your greatest trump card, as it virtually enables you to acquire new skills and remain competitive forever.
Finally, if you can secure a steady client or two, things will become considerably easier, as there will be some source of income you can always count on. This will allow you to maneuver with other gigs and help you with the savings.
Digital nomadism may be a rising trend, but it is not for the timid. If you are not committed to being tech-savvy, you’ll need to change your mindset first. As is the case with all innovations, some training is a good starting point.
Basically, keeping informed all the time is absolutely crucial for digital nomads.
Finally, for some people, digital nomadism is the means to work and travel. Others are content with relocating to a suitable country and staying there for long periods of time. Ultimately, the choice is up to every individual, but no matter what you do, keep an eye on the situation. E.g., many countries have started introducing digital nomad visas to attract newcomers and replenish the financial losses invoked by the pandemic. Maybe you’ll find a new forever home on your terms? It’s worth a try!
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