We found this interesting – an article by Al Arabiya which describes a new breed of workforce. Will our clients embrace the rise of the “digital nomad”? We haven’t been asked to find such types…yet!
The definition of a digital nomad can be different depending on who you ask. Broadly speaking, this term describes an individual who travels internationally whilst working remotely. They take advantage of a growing number of government visa schemes, incentivising individuals who freelance or are employed by a foreign entity to move into their own territory and spend money within their borders.
Traveling Lifestyle has compiled a list of countries that currently have or are making plans to create digital nomad visas. There are plenty of options; some specifically targeted at freelancers whilst others allow those who work for a foreign entity to reside within their borders.
Although not a new phenomenon, the pandemic has undoubtedly accelerated the public’s awareness of this trend. You may initially be thinking “sign me up”! Joining a meeting by the poolside of a Mediterranean villa is certainly an attractive proposition. However, there are a few things you will need to consider before taking the plunge…
First and foremost, both yourself and your employer will need to be aware of the legislation and visa requirements of the country you intend to reside in. They often vary from country to country, with different thresholds on salary requirements, taxes paid etc.
Equally, you may need to adjust to working in different time zones. Just because you’re in Bermuda, doesn’t mean your colleagues are! Most likely, you will be expected to work within the same time as the rest of your firm. This could mean some unsocial working hours.
In the internet age, many people take a reliable connection for granted. However, when travelling overseas, this isn’t always the case. It will be your responsibility to make sure that you have sufficient internet and technology infrastructure wherever you travel.
Whilst at first glance an attractive offer, it’s certainly not for everyone. As illustrated, plenty of planning and compromise is often required. Likewise, most of these schemes are short term and by no means a permanent arrangement.
The digital nomad way of working provides a unique alternative to the traditional in-office arrangement, one that clearly works well for a significant minority of the workforce. That being said, other options such as hybrid working may provide a more practical and balanced choice – for most employers and employees at least.
- John Barker