Digital Nomad On Budget: The Best Countries For Digital Nomads Based on (2024)

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    TABLE OF CONTENTS AND COUNTRY LIST

    1. How To Use The Digital Nomad Country Finder
    2. The Best Countries for Digital Nomads Based on Salaries
    3. For Salaries Less Than $1,500
    4. For Salaries $1,500-$2,000
      • Egypt
      • Croatia
      • Mauritius
      • Thailand
      • Portugal
    5. For Salaries Above $2,000
      • Brazil
      • Spain
      • Iceland
      • Malta
      • France
    6. Make the Most of Your Digital Nomad Budget
    7. Popular Questions as a Digital Nomad on Budget
      • How much money do you need as a digital nomad?
      • Is 30 too old to be a digital nomad?
      • Is being a digital nomad affordable?
      • Is digital nomad life worth it?
      • How do digital nomads budget their money?
      • How much can you earn as a digital nomad?
      • How do digital nomads manage to afford their flight tickets? Is it an important part of the budget?
      • How do I become a digital nomad, and how can I earn $3,000 monthly?
      • What are the cheapest countries to stay as a digital nomad?
      • What are the best cities for digital nomads to live in?
      • Is it possible to be a digital nomad as an accountant?
      • What is the most difficult part about being a digital nomad?
      • Why do people live a nomadic life?
      • How can a finance professional become a digital nomad, and where should I start?

    Editor’s note:As a digital nomad on budget myself, I acknowledge that calling these countries cheap is a privileged statement. These countries are just more financially accessible to global travelers who have more powerful currency. The costs themselves are not cheap to all. Also, I do not claim to be a financial expert in any way, and I do not leverage on any non-public information resource. Please don’t hesitate to seek the services of a financial professional if you need more help making an informed decision based on the content of this publication.

    Affiliate Disclaimer: This post may contain affiliate links which I may receive a small commission at no extra costs to you if you choose to purchase through them. Here’s ourand Affiliates Policyfor more info.

    How To Use The Digital Nomad Country Finder

    For starters, digital nomadism can be a tough space to jump into. Not only do you have to figure outhow to become a digital nomad but you also have to see other details like how to create a travel budget and the best equipment to take on the road.

    With that much work on your plate, you may need a lot of help, especially when finding the cheapest digital nomads’ locations. The efficacy of your digital nomad budget depends on this.

    Finding cheap countries for digital nomads is vital because the cost of living can make or break your wallet. For example, the take-home of a digital nomad for a month mightn’t be sufficient to get room and board in some locations. Yet, in other destinations, it’ll take care of all your needs with plenty to spare. Also, most of these suggestions are based on solo travelers’ budget. If you have a family on the road, the costs will be inevitable higher.

    My digital nomad country finder categorizes different regions according to how much digital nomads spend relative to their income. All you need to do is to enter your net salary (the amount you received after taxes or deductions, including savings). The finder will then propose a few countries that you could live comfortably in with that salary range.

    Keep in mind that this is based on the average cost of living with moderate spending and splurging. It is not for nomads who live luxuriously by spending more than $50 per meal/ person. This number is to simply to paint a picture for the definition of “luxury” here.

    The Best Countries for Digital Nomads Based on Salaries

    Digital nomadism is the next big thing, and more professionals are starting to realize this fact. As a digital nomad on budget, you get the exclusive opportunity to travel the world and see beautiful sights, all while you work and have your dollars stretched wisely.

    But even though this is undoubtedly a great offering, there are a few things you need to have in the bag if you want to ensure you enjoy this experience. The most important of these is your digital nomad budget.

    If you don’t know how to save money as a digital nomad, what’s supposed to be a fun adventure can quickly become a nightmare. Recall that you’re supposed to be making money on the road, and, more often than not, there isn’t an alternative source of income available.

    This means that employing money-saving tips for digital nomads can make all the difference!

    Which is why I breakdown some basic costs, and suggested coworking and coliving as well. On visa applications, bear in mind that not all countries offer digital nomad visas. But they’re still great places for digital nomads to live and work in– fast internet, affordable costs of living, variety of activities and general work-life balance.

    Arguably, the biggest of these tips is ensuring that you choose the cheapest digital nomad locations. The logic behind this is simple. When you travel through cheap countries for digital nomads, you can maximize your earning and spending capacity more efficiently. Ultimately, earning your trophy as a true digital nomad on budget.

    Digital Nomad On Budget: The Best Countries For Digital Nomads Based on (1)

    For Salaries Less Than $1,500

    Cabo Verde

    Digital Nomad Hotspots: Santa Maria, Mindelo, and Palmeira

    Average Salary for Digital Nomads: $1,400

    This beautiful African nation has always welcomed visitors with open arms and it took that to the next level when it officially launched its digital nomad visa in 2020. This ensures that you have easy access to undoubtedly one of the cheapest digital nomads locations in the entire world.

    Cost of Living Breakdown In Cabo Verde

    Housing (Single Bedroom)$280
    Food per person$500
    Taxes per annum16%
    Healthcare$165
    Transportation (Monthly Bus Pass)$20

    Pros of Living in Cabo Verde

    • It features wonderful coastline beaches
    • Cabo Verde boasts an amazing culture with interesting people like in Paroquia de Nossa Senhora das Dores, Santa Maria
    • There are tons of old architecture and street art to enjoy in places like Ribeira Grande in Santa Maria
    • If you’re a beach buff, you get the best of kitesurfing and jet skiing.

    Cons of Living in Cabo Verde

    • The region is predisposed to several natural disasters such as tropical storms, flash floods and volcanic eruptions
    • There’s also a fairly high crime rate here.

    How to Apply for Cabo Verde Visa

    Digital nomad visa available? Yes. More on digital nomad visa for Cabo Verde here.

    The major requirements include:

    • A valid passport including supporting documents
    • Applicant’s photo
    • Medical insurance
    • Criminal certificate record
    • Proof of accommodation

    More info on visa application for Cabo Verde.

    Best Remote Job Boards To Work in Cabo Verde

    Best Coworking and coliving In Cabo Verde

    Indonesia

    Digital Nomad Hotspots: Lombok, Gili Islands, and Bali

    Average Salary for Digital Nomads: $1,400

    Even people who aren’t digital nomads are starting to crack the code; it pays to live in Indonesia! More specifically, living in places like Bali and Lombok has a way of helping you get so much more value for your money, especially when you earn in dollars.

    Of course, it doesn’t hurt that, as one of the most culturally diverse parts of Southeast Asia, you’re sure to get immersed in different heritages and cultures during your stay here.

    Cost of Living Breakdown in indonesia

    Housing (Single Bedroom)$150
    Food per person$300
    Taxes per annum5%
    Healthcare$60
    Transportation (Monthy Bus Pass)$20

    Pros of Living in Indonesia

    • It’s got a vibrant nightlife and balanced wellness retreats
    • The healthcare system is pretty great
    • You have greater control over your cost of living because of variety
    • It’s got an established digital nomad and expat community.

    Cons of Living in Indonesia

    • Imported goods are more expensive here
    • Overcrowding is becoming a real problem recently especially in specific areas like Bali.

    How to Apply for Indonesia Visa

    Digital nomad visa available? No. But the closest to a digital nomad visa in Indonesia is B211A visa and Second Home Visa.

    The major requirements include:

    • Have a valid passport
    • Possess proof of funds of at least $140,000
    • Have medical and travel insurance
    • Pay the visa application fees

    More info on Indonesia’s visa application.

    Best Remote Job Boards To Work in Indonesia

    Best Coworking and coliving In Indonesia

    Taiwan

    Digital Nomad Hotspots: Kaohsiung, Taipei and Taichung

    Average Salary for Digital Nomads: $1,300 to $1,400

    It’s always great when your income bracket doesn’t have so strong an influence over just how you live your life. Taiwan is one of the precious few parts of the world where you can still like it that way, at least for now.

    While places like Taipei and Kaohsiung aren’t completely digital nomad-friendly yet (at least, compared to areas like Bali and Lisbon), they still offer you tons to love.

    Beyond affording you super pocket-friendly accommodation and cheap yet seamless transportation services, you get access to lots of attractions like the Longshan Temple, the National Museum of History, and, don’t forget, the tons of gorgeous beaches!

    Cost of Living Breakdown In Taiwan

    Housing (Single Bedroom)$322
    Food per person$290
    Taxes per annum5%
    Healthcare$100
    Transportation (Monthly Bus Pass)$50

    Pros of Living in Taiwan

    • The region offers maximum freedom
    • The locals are a very friendly lot
    • There’s an abundance of nature to explore
    • The country has a quality and affordable healthcare system.

    Cons of Living in Taiwan

    • The language barrier can be a problem if you don’t speak Mandarin
    • Heavy rains, typhoons, and earthquakes are always a risk.

    How to Apply for Taiwan Visa

    Digital nomad visa available? No. But the Taiwan Employment Gold Card is applicable to digital nomads. Apply here.

    The major requirements include:

    • Valid passport
    • Proof of employment
    • Proof of income

    More info on Taiwan’s visa application.

    Best Remote Job Boards To Work in Taiwan

    Best Coworking and coliving In Taiwan

    South Africa

    Digital Nomad Hotspots: Pretoria, Johannesburg, and Cape Town

    Average Salary for Digital Nomads: $1,300

    Yet another African country cracks the top of my list of cheap countries for digital nomads, and for good reason, too! South Africa gives you lots to love and precious little to hate on.

    Again, this place has always been fairly attractive to digital nomads but SA truly came into its own post-pandemic when people were actively on the hunt for sunny and cheery places to go. Of course, it also helps that the income of the average digital nomad for a month tends to do so much more in this beautiful country.

    Cost of Living Breakdown In South Africa

    Housing (Single Bedroom)$323
    Food per person$190
    Taxes per annum18%
    HealthcareVaries
    Transportation (Monthly Bus Pass)$40

    Pros of Living in South Africa

    • South Africa has a vibrant culture. It also has a huge nomad culture
    • The region has a generally laid-back lifestyle
    • It comfortably accommodates the digital nomad work style
    • The region enjoys lovely weather for most parts of the year
    • It’s welcoming to members of the LGBTQ+ community.

    Cons of Living in South Africa

    • The electricity supply could be better
    • Crime is also a major problem here.

    How to Apply for South Africa Visa

    Digital nomad visa available? Not throughout the region but so far Cabo Verde, Mauritius and Namibia offer. Word has it that South Africa digital nomad visa is in their pipeline.

    The major requirements include:

    • A valid passport including supporting documents
    • Document proving you’re a freelancer
    • Proof of income
    • Health insurance

    More info on South Africa visa application.

    Best Remote Job Boards To Work in South Africa

    Best Coworking and coliving In South Africa

    Mexico

    Digital Nomad Hotspots: Mexico City, Oaxaca, Merida and Puerto Vallarta

    Average Salary for Digital Nomads: $1,400

    Amazing culture? Check.

    Rich history? Check.

    World-class cuisines? It’s got that too!

    Mexico is one place that’s got to be on your bucket list if you’re a true citizen of the world. There are so many places to go and so many things to see and do that you could spend years here and not even cover half of it.

    And, when it comes to the big question of how much digital nomads spend here, you’ll quickly find that it isn’t as difficult to save money as a digital nomad in this wonderful country.

    As a matter of fact, this place sits at the top of my best spots to be for those who want to learn how to be a nomad with no money. Why? Because most of the truly worthwhile experiences you’ll get here are free!

    Cost of Living Breakdown In Mexico

    Housing (Single Bedroom)$370
    Food per person$300
    Taxes per annum1.92%
    Healthcare$300
    Transportation (Monthly Bus Pass)$30

    Pros of Living in Mexico

    • The country has favorable weather all year round
    • There are tons of tasty local dishes to explore
    • It’s got exquisite views and scenery
    • Mexico has super warm and friendly locals
    • The healthcare in the region is pretty decent.

    Cons of Living in Mexico

    • The Internet could be more reliable
    • Water availability is also a challenge.

    How to Apply for Mexico Visa

    Digital nomad visa available? Yes. Apply for Mexico digital nomad visa here.

    The major requirements include:

    • Book a visa appointment
    • Pay the stipulated visa fee
    • Attend and pass your visa appointment interview
    • Secure your Temporary Resident Visa.

    More info on Mexico’s visa application.

    Best Remote Job Boards To Work in Mexico

    Best Coworking and coliving In Mexico

    Digital Nomad On Budget: The Best Countries For Digital Nomads Based on (2)

    For Salaries $1,500-$2,000

    For those who have a little more to spare and are looking into how to create a travel budget for digital nomads with $1500+, some great places worth considering include:

    Egypt

    Digital Nomad Hotspots: Cairo, Dahab, Giza and Alexandria

    Average Salary for Digital Nomads: $1,800

    Quick question: how many countries even come close to rivaling the history, heritage, and culture rampant in Egypt?

    Although uncommon, this uprising digital nomad destination is on many nomads’ bucket lists to work and live in! If you are still just learning how to become a digital nomad and want to immerse yourself in a complete yet fully diverse experience, Egypt is a beautiful place to settle in for a few months. Not to mention that Dahab is now rivaling Bali as the new digital nomad haven!

    The land of year-round sunny beaches, clear and shining skies, and deeply enthralling locals, the ancient treasures awaiting discovery here will surely blow your mind.

    Cost of Living Breakdown In Egypt

    Housing (Single Bedroom)$250
    Food$300
    TaxesUp to 15%
    Healthcare$100 (Annual)
    Transportation (Monthly Bus Pass)$40

    Pros of Living in Egypt

    • Most basic items and cost of living are affordable
    • You’ve got tons of stuff to do at any given point
    • There’s a broad mesh of cultures to explore
    • The locals are nice and friendly
    • English speakers won’t have trouble getting by as the language is widely spoken there.

    Cons of Living in Egypt

    • Egypt is a conservative nation and require female travelers to cover up for most parts
    • Navigating the transportation system here can be tricky
    • It’s dry and hot all year round since their geographical location is dominated by the desert
    • Internet may be wonky sometimes, so if your work relies on fast-speed internet with lower ping (fewer lags), Egypt might not be the place for you. Writing tasks work just fine, though.

    How to Apply for Egypt Visa

    Digital nomad visa available? No. But they have other visa options.

    The major requirements include:

    • Have a valid passport
    • The e-Visa printout
    • Appropriate supporting document
    • Proof of income

    More on Egypt visa application here.

    Best Remote Job boards To Work In Egypt

    Best Coworking and Coliving in Egypt

    Croatia

    Digital Nomad Hotspots: Split, Zagreb, Dubrovnik, and Makarska Riviera

    Average Salary for Digital Nomads: $1,900

    If you’re intent on putting any money-saving tips for digital nomads that you learn into practice, Italy and Greece are two top locations you’ll likely (instinctively) shy of. The primary reason for this is the copious amount of funds such trips would consume.

    But what if you could visit somewhere that’s just as good but doesn’t cost as much? Enter Croatia.

    The newest addition to the European Union (EU), a world of rich and deeply fulfilling experiences, awaits you here.

    The crown of the Balkan Peninsula offers landscapes that rival those of Greece and a vibrant feeling in the air that’s undoubtedly reminiscent of Italy. Your digital nomad calculator won’t have to work too furiously here, making it the perfect abode.

    Cost of Living Breakdown In Croatia

    Housing (Single Bedroom)$500
    Food$400
    TaxesUp to 15%
    Healthcare$100
    Transportation (Monthly Bus Pass)$50

    Pros of Living in Croatia

    • You’re surrounded by a beautiful and serene environment
    • You won’t be short of healthy food buffets
    • The country has a strong communal spirit
    • It offers a relaxed environment and great weather, even in winter.

    Cons of Living in Croatia

    • Croatia has a complicated and often slow bureaucratic process.

    How to Apply for Croatia Visa

    Digital nomad visa available? Yes. You can submit your application online here.

    The major requirements include:

    • Valid international passport
    • Appropriately filled application form
    • Health and travel insurance
    • Clean criminal record

    More on Croatia visa application.

    Best Remote Job boards To Work in Croatia

    Best Coworking and Coliving in Croatia

    More on coworking and coliving in Croatia based on its areas.

    Generally rule of thumb with coworking and coliving spaces, you’d have better varieties near the city centers. When visiting areas outside the city, always check with your accommodation providers if they provide WiFis and if they do, check on its speed. Alternatively, you can research your destination’s internet signal with Speedtest here so you’re better prepared.

    Here’s a tip from years of traveling solo abroad– a sure-way of having an Internet connection is to insert your local SIM card to this portable Internet device. If you are running on an e-Sim, you can also insert your existing SIM card to this device for hotspots to your laptop and phone!

    Mauritius

    Digital Nomad Hotspots: Port Louis and Mahebourg

    Average Salary for Digital Nomads: $1,900

    Only a few more locations worldwide are more loved by digital nomads and expatriates than the island nation of Mauritius. With a cost of livingestablished to be 28% lowerthan recorded in the United Kingdom, you can be guaranteed that your quality of life will soar when you work from here.

    When you add that the country has made conscious moves over the last years to be even more receptive to digital nomads, there’s no doubt that you will find solace in this scenic and picturesque location.

    And while you’ll certainly have to consult the digital nomad calculator for more detailed financial insights, one thing you can be confident of going in is that your take-home as a digital nomad for a month will be more than sufficient here.

    Cost of Living Breakdown In Mauritius

    Housing (Single Bedroom)$592
    Food$350
    Taxes10%
    Healthcare$50
    Transportation (Monthly Bus Pass)$30

    Pros of Living in Mauritius

    • Mauritius has a commendable favorable digital nomad tax system
    • The region is eco-conscious and is an excellent place for environmental conservationists
    • Mauritius boasts an appealing social and cultural balance
    • It’s mostly a safe environment.

    Cons of Living in Mauritius

    • The summer heat may be unbearable in certain parts of the country.

    How to Apply for Mauritius Visa

    Digital nomad visa available? Yes. Called the Premium Visa, you can apply online here.

    The major requirements include:

    • Valid international passport
    • Proof of round-trip tickets
    • A passport-sized photo
    • Travel and health insurance
    • Proof of funds

    More on Mauritius visa application here.

    Best Remote Job boards To Work in in Mauritius

    Best Coworking and Coliving in Mauritius

    Thailand

    Digital Nomad Hotspots: Chiang Mai, Bangkok, Nakhon Ratchasima, and phu*ket

    Average Salary for Digital Nomads: $1,600

    Many seasoned digital nomads would likely take issue with where Thailand is on this list. For the most part, they’d be right. Once upon a time, and not too long ago, you could get by just fine with a 3-digit salary here. However, the cost of living has gone up drastically due to gentrification.

    Not to worry– if you love Thailand as much as I do, you could probably still settle in this beautiful country even though you’ll have to be more prudent with your spending and budgeting. If you don’t mind scrapping the dregs with bare minimum or you’re a seasoned minimalist, you could still enjoy what this amazing place offers with just a little more.

    From scuba diving in the Andaman Sea to motorbiking along the Mae Hong Son Loop, you’ll have many fun things to try whenever you’re not working.

    Cost of Living Breakdown In Thailand

    Housing (Double Bedroom)$600
    Food$360
    Taxes5 to 10%
    HealthcareVaries
    Transportation (Monthly Bus Pass)$40

    Pros of Living in Thailand

    • The region has beautiful shores, staggering limestone cliffs, and other natural beauty
    • There are lots of tasty local cuisines to try out
    • The country is generally safe to live in
    • You have numerous activities to try out
    • Thailand offers a very welcoming local community.

    Cons of Living in Thailand

    • The weather is capricious
    • Excessive bureaucracy complicates effective operations here sometimes.

    How to Apply for Thailand Visa

    Digital nomad visa available? Yes but it’s called the Long Term Visa (renewable every 10 years)

    The primary requirements include:

    • A valid passport
    • TM.90 Form
    • STM.6 Form (if you’re applying for SMART visa)
    • Passport photograph

    More info on Thailand visas here.

    Best Remote Job boards To Work in Thailand

    Best Coworking and Coliving in Thailand

    Portugal

    Digital Nomad Hotspots: Lisbon, Porto and Madeira

    Average Salary for Digital Nomads: $1,800

    Yet another great place that’ll offer you so much more for every dollar is Portugal. A region that still retains much of its old-world class even though it’s fully present in the modern day, you’re sure to enjoy living here.

    One thing to remember is this: living in Portugal can be considerably affordable. However, the prices we’ll highlight are slightly high because of the specific regions. Porto and Lisbon are the heart of the country, so they carry a price tag to match.

    Of course, they make up for this with the quality of experience they afford. For example, Lisbon offers pleasures like the Alfama District and the Praca do Comercio while you can see attractions like Baroque churches and medieval walls in Porto.

    Cost of Living Breakdown In Portugal

    Housing (Single Bedroom)$750
    Food$360
    Taxes15%
    Healthcare$100
    Transportation (Monthly Bus Pass)$45

    Pros of Living in Portugal

    • The Portuguese are a friendly people
    • The food is homegrown and is always fresh
    • There are lots of attractions to enjoy
    • The region is blessed with lovely weather for most parts of the year
    • The country has a low crime rate.

    Cons of Living in Portugal

    • Winter can be challenging to cope with here
    • Public smoking is a thing.

    How to Apply for Portugal Visa

    Digital nomad visa available? Yes. It’s also known as a national type D visa. Download this Portugal visa form and submit to the nearest Portuguese Embassy or Consulate, or at a Visa Application Center. Make sure you double check your requirements here too.

    The major requirements include:

    • A valid international passport
    • Your bank statement
    • Two color passport photographs
    • Tax return statements

    More on other Portugal visa application here.

    Best Remote Job boards To Work in Portugal

    Best Coworking and Coliving in Portugal

    Digital Nomad On Budget: The Best Countries For Digital Nomads Based on (3)

    For Salaries Above $2,000

    Moving on to the highest tier of my digital nomad country finder for digital professionals on a budget. This category best serves those with a higher earning capacity and more to spare.

    However, you should also know that you can also learn to be a nomad with no money here. And what I mean by “no money,” is an exaggeration of having little money. Word of caution–don’t ever visit a country without a financial plan because in many countries, begpacking and busking are against the laws. Begpacking means begging and backpacking combined.

    Here are the top best nations for nomad professionals who make more than $2k a month and how much digital nomads spend in these regions.

    Brazil

    Digital Nomad Hotspots: Rio de Janeiro, São Paulo, and Salvador

    Average Salary for Digital Nomads: $4,000

    It’s got amazing cities, carnivals to die for, and locals that treat you like family from the moment of first contact. What more does a digital nomad filled with wanderlust need?

    One of the biggest selling points of this location for me is the fact that it’s got great weather all year round. The implication is that you can choose to visit at any point throughout the year and still check out Copacabana or Praia do Espelho without sacrificing any part of the experience.

    If you’re a big nature buff, the 70+ amazing national parks scattered around the country will keep you entertained for a long while.

    In the end, the biggest charm of this destination is that it allows you to save money as a digital nomad and still unlock many of the hidden treasures here.

    Cost Of living Breakdown In Brazil

    Housing (Double Bedroom)$790
    Food$600
    TaxesUp to 27.50%
    Healthcare$400
    Transportation (Monthly Bus Pass)$60

    Pros of Living in Brazil

    • Brazil is lively all year round with carnivals and festivals
    • Not only that, but Brazil boasts a vibrant culture and heritage
    • Beautiful sceneries and sea views are just incredibly amazing
    • The locals are warm and welcoming it’s difficult not to feel like home
    • They have a fantastic transportation system.

    Cons of Living in Brazil

    • Overcrowding is common because Brazil is on many bucket lists
    • The crime rate is also quite high in certain areas so you’ll need to be mindful of where you are.

    How to Apply for Brazil Visa

    Digital nomad visa available?Yes. Apply for Brazil Digital Nomad visa here.

    The major requirements include:

    • Valid international passport
    • Criminal records history
    • Travel insurance
    • Proof of income

    More info on other Brazil visa application here.

    Best Remote Job Boards To Work in Brazil

    Best Coworking and coliving In Brazil

    Spain

    Digital Nomad Hotspots: Madrid, Barcelona, and Seville

    Average Salary for Digital Nomads: $3,600

    Home to the world-famous Sagrada Familia Catholic church and several other noteworthy attractions, who doesn’t dream about visiting the magical land of Spain?

    As one of the relatively cheap countries for digital nomads, you have a shot at not just living this dream but employing some great money-saving tips for digital nomads while you’re at it!

    From Seville to Barcelona, Madrid, and Valencia, you simply must see many sights. I daresay, no matter how complete your itinerary might be, you’ll likely still be unable to soak it all in.

    For those who appreciate wild beauty, deep history, refined sophistication, and affordable cost of living, this country should no doubt be your next stop!

    Cost of Living Breakdown In Spain

    Housing (Single Bedroom)$700
    Food$1,300
    TaxesUp to 15%
    Healthcare$200
    Transportation (Monthly Bus Pass)$50

    Pros of Living in Spain

    • You get a wide array of entertainment options
    • Immerse yourself in ancient architectures and arts to your heart’s content
    • Spanish cuisine is the world’s favorite and I have no reason to argue over a great plate of paella.
    • The climate is considerably comfortable most times of the year.
    • You have a host of breathtaking beaches and landscapes to visit.

    Cons of Living in Spain

    • The language barrier might present a serious challenge
    • There’s a decent chance of encountering bureaucratic issues.

    How to Apply for Spain Visa

    Digital nomad visa available?Yes. Apply for Spain Digital Nomad visa here.

    The major requirements include:

    • Valid international passport
    • Proof of income
    • Private health insurance

    More info on other Spain visa application here.

    Best Remote Job Boards To Work in Spain

    Best Coworking and Coliving in Spain

    Iceland

    Digital Nomad Cities Hotspots: Akureyri, Reykjavik, and Vik

    Average Salary for Digital Nomads: $3,800

    I was contemplating whether or not to include Iceland on this list because admit it, we all know how expensive Iceland can be. I mean eating out alone will costs around $25. But looking at the number of nomads who vouch their experiences in this great land, I cannot deny the benefits and gains you will get by putting in the effort to budget.

    By large, most destinations that have featured on my digital nomad country finder so far are pretty popular hotspots for remote workers.

    But if you’re looking for a relatively untapped (if not unknown) treasure, Iceland might be just the eccentric place for you. As one of the European States that make up the Schengen Area, this beautiful name has loads to offer.

    First, you can leverage on their readily available 6-month digital nomad visa to tour the nation extensively. And, to be clear, just how much digital nomads spend here is a little more. However, with its wide array of stunning waterfalls and mesmerizing glaciers, you’ll agree that Iceland’s offerings more than makeup for that.

    Plus, with the right money-saving tips for digital nomads, you mightn’t even feel that disparity much!

    Cost of Living Breakdown in Iceland

    Housing (Single Bedroom)$1,600
    Food$1,000
    Taxes31.45%
    Healthcare$500
    Transportation (Monthly Bus Pass)$100

    Pros of Living in Iceland

    • This green nation runs on clean energy
    • Iceland has plenty of natural hot springs
    • Great healthcare system because they take care of their people well
    • There are lots of scenic views to soak in especially during their summer!
    • You’ll have a lot of fun attractions to occupy your time.

    Cons of Living in Iceland

    • The language barrier can pose a serious challenge so best is for you to learn a little Icelandic language
    • You’ll have to get used to sulfur water
    • If you’re from tropical islands and nations, the cold in winter will be harsh for you to endure
    • Access to coworking and coliving spaces are limited and are mostly concentrated in the city center of Reykjavik (see below for some suggestions).

    How to Apply for Iceland Visa

    Digital nomad visa available?Yes. Applications can only be submitted in hard copies. Download the Iceland visa form here and submit to Directorate of Immigrationafter arriving in Iceland for the visa to be issued.

    The major requirements include:

    • Valid international passport
    • Iceland digital nomad application form
    • Private health insurance
    • Clean criminal record certificate

    More info on other Iceland visa application here.

    Best Places to Get Remote Jobs in Iceland

    Best Coworking and coliving In Iceland

    Malta

    Digital Nomad Hotspots: Valletta, Sliema, and St. Paul

    Average Salary for Digital Nomads: $3,600

    Few people know this, but Malta has a thriving digital nomad community. And why shouldn’t it?

    The country is beautiful with gorgeous scenic views, a laid-back lifestyle, delectable cuisines, and perfect weather for about 300 days a year. There’s also the fact that the region is super safe, and you can ply your trade without any worry of disturbance.

    For those who want to do more play than work, Malta is definitely the place to be this year.

    Cost of Living Breakdown In Malta

    Housing (Single Bedroom)$1,000
    Food$700
    Taxes0 to 35%
    HealthcareVaries
    Transportation (Monthly Bus Pass)$45

    Pros of Living in Malta

    • English is the official language, so communication won’t be a problem
    • The region is very safe
    • The food is excellent and mostly healthy
    • There are many attractions like Fort St. Elmo to see.

    Cons of Living in Malta

    • The region is getting overcrowded
    • Pollution is becoming a genuine concern.

    How to Apply for a Malta Visa

    Digital nomad visa available? Yes. It’s called the Malta Nomad Residence Permit (NRP) and you can apply here.

    The primary requirements include:

    • Valid international passport
    • Proof of income
    • Health insurance

    More info on other Malta visa application here.

    Best Remote Job Boards to Work in Malta

    Best Coworking and Coliving in Malta

    France

    Top Digital Nomad Cities to Live – Paris, Nice, Lyon, and Bordeaux

    Average Salary for Digital Nomads – $4,000

    Palace of Versailles. Musee d’Orsay. The Eiffel Tower. Arc de Triomphe.

    We could go on, but you probably get the gist already; there’s no end to the list of places you could see and things you could do in France. It is a bit of a wonder to visit. It is at the top of most people’s bucket lists.

    However, you’re not like most people. So, with some planning, you can live here for as long as you want! You could join the growing horde of digital professionals making a life for themselves here and just soak in the vast heritage and culture this place exudes.

    Cost of Living Breakdown in France

    Housing (Double Bedroom)$1,500
    Food$790
    Taxes19.6%
    HealthcareVaries
    Transportation (Monthly Bus Pass)$70

    Pros of Living in France

    • They’ve got a great healthcare system
    • There are many beautiful landscapes and attractions to check out
    • The country has a rich history and culture
    • Home to many famous wineries, the wine (and food as accompaniments) in France to die for!

    Cons of Living in France

    • The language barrier can be a menace
    • Strikes are fairly common.

    How to Apply for France Visa

    Digital nomad visa available?No. Please consider other visa options.

    The major requirements include:

    • Valid international passport
    • Pay visa application fees
    • Tender proof of income
    • Possess health and travel insurance

    More info on France visa application here.

    Best Places to Get Remote Jobs in France

    Best Coworking and coliving In France

    Digital Nomad On Budget: The Best Countries For Digital Nomads Based on (4)

    Make the Most of Your Digital Nomad Budget

    As you can see, what you make as a digital nomad for a month dramatically influences what you can and cannot do. This is why you need to know how to create a digital nomad budget, save money as a digital nomad, and identify the best locations to optimize your income. Here’s a quick recap:

    • For digital nomads earning less than $1,500–Cabo Verde, Indonesia, Taiwan, South Africa, andMexicotake the cake when looking for the cheapest digital nomad locations right now
    • Following closely on their heels areEgypt,Croatia,Mauritius,Thailand, andPortugalfor nomads earning between $1,500 to $2,000
    • And for higher-earning digital nomads of more than $2,000–Brazil,Spain,Iceland,Malta, andFrancecome in last as relatively cheap countries for digital nomads in the 21st century.

    You can visit these countries without worrying about depleting your funds too fast with a reliable digital nomad calculator and tools likeExpenses OKandGoodbudget.

    Naturally, how much digital nomads spend in these locations shouldn’t be your only worry.

    Popular Questions as a Digital Nomad on Budget

    How much money do you need as a digital nomad?

    Factors like your host country and lifestyle influence how much you need as a digital nomad. However, making at least $1,500 monthly is generally a safe practice.

    Is 30 too old to be a digital nomad?

    Actually, 30 is still young to be a digital nomad. Even 40-year-olds (and older) are giving this lifestyle a shot to great success.

    Is being a digital nomad affordable?

    On the right budget, being a digital nomad is affordable and can even become very comfortable.

    Is digital nomad life worth it?

    Yes, digital nomad life is worth it. However, you must take time to plan your actions as this will make your experience more enjoyable.

    How do digital nomads budget their money?

    Digital nomads budget their money by tracking their income, ensuring to save money for the rainy day, and carefully calculating their expenses.

    How much can you earn as a digital nomad?

    There is no cap on how much you can earn as a digital nomad.

    How do digital nomads manage to afford their flight tickets? Is it an important part of the budget?

    Digital nomads manage to afford their flight tickets through budgeting tactics like accumulating points with an airline and using that to offset the actual costs of the plane ticket.

    How do I become a digital nomad, and how can I earn $3,000 monthly?

    Becoming a digital nomad and making $3,000 or more monthly is possible. However, it’s a gradual process, and you can get on that path if you follow the right strategies. If you have a job and are already working in an office,try these hacks for negotiating a work-from-home arrangement. Or, if you’re new to digital nomadism and need help figuring out where to start, I createdthis guide to help you kickstart your remote career.

    What are the cheapest countries to stay as a digital nomad?

    Some of the cheapest countries to stay as a digital nomad are Cabo Verde, South Africa, Indonesia, Thailand, and Mexico. There are other countries worldwide, but I try my best to list hidden gems that are not too populated and overcrowded. Sometimes, it’s a hit or miss. What’s great for others might not be for you. So, I’d always advise new fellow nomads to try it and see how your love-hate relationship with that place flourishes.

    What are the best cities for digital nomads to live in?

    Some of the best cities for digital nomads to live in include Lisbon, Bali, Lombok, and Santa Maria based on the cost of living, accessibility to amenities, digital nomad communities and vibrant culture and delicacies.

    Is it possible to be a digital nomad as an accountant?

    Yes, it is possible. Every company needs its finance go-to person. And that person could be you! Make sure to apply for roles that align with your experience and skill sets. If you’replanning to expand your skills, start with this remote job guide. Even though the jobs are recommended for the ladies, the learning platforms are open to all– regardless of gender.

    What is the most difficult part about being a digital nomad?

    The most difficult part about being a digital nomad is finding a way to maintain a presence and connection with your loved ones at home while you’re on the road.

    Why do people live a nomadic life?

    People live a nomadic life because of the freedom from the conventional workspace paradigm that it offers. Also, digital nomadism is attractive as it provides a great opportunity to see the world.

    Where can I find cheap short-term rentals worldwide to be a digital nomad and live and work outside the US?

    You can use several platforms to find short-term rentals while on the road. Some of these includeTripAdvisor,Amber, andAirbnb.

    How can a finance professional become a digital nomad, and where should I start?

    As a finance professional, all you need to do to become a digital nomad is to actively seek out opportunities to work remotely. You can start by checking outRemotiveandWe Work Remotely.

    Digital Nomad On Budget: The Best Countries For Digital Nomads Based on (2024)

    FAQs

    What is the cheapest country to be a digital nomad? ›

    1. Colombia. With beautiful mountains and coastlines along the Pacific Ocean and Caribbean Sea, Colombia offers something for everyone -- not to mention its affordability. ...
    2. Sri Lanka. Another cheap option for digital nomads is Sri Lanka, an island country in South Asia. ...
    3. Turkey. ...
    4. Bali. ...
    5. Argentina.
    Apr 9, 2024

    What is the best country to work in as a digital nomad? ›

    Spain is the best country for digital nomads next year with a score of 4.50 out of 5. As of 2023, Spain's remote work visa allows people to live in the country for up to a year as long as they have an income of at least double Spain's minimum wage, more than €2,600, or $2,750, a month.

    Which country has the best tax for digital nomads? ›

    Spain claimed first place globally and in Europe. Its digital nomad visa offers a period of six months tax-free, after which workers must pay 15 per cent, and it has a low minimum income requirement of €2,140 per month.

    How can a digital nomad live cheaply? ›

    Some working travelers choose to become digital nomads so they can travel and work. While this lifestyle can be exciting, keeping your finances in mind is crucial. Packing light, using the right credit card, and buying affordable mobile data are some living tips that can help you stretch your money further.

    Which country offers the easiest digital nomad visa? ›

    To come up with the list, we researched the minimum salary requirements, how the application process works, how much the visa costs and the specific requirements for each destination. Based on that research, Romania is the easiest European destination to get a digital nomad visa.

    What is the average income of a digital nomad? ›

    Digital nomad designers can earn an average salary between $50,000 and $80,000 per year, depending on their expertise and the type of design work they specialize in. Graphic design, UI/UX design, and web design are some popular design roles offering opportunities for remote work and competitive salaries.

    What is the downside of being a digital nomad? ›

    Being a digital nomad has many advantages and disadvantages. Some of the cons will look like income insecurity, loneliness and lack of structure in your work and daily life.

    What is the best country to move to for remote work? ›

    Get a huge 86% off Surfshark with this special tech.co offer.
    • Spain. Portugal's neighbor Spain is another hit among remote workers, thanks in part to its sunny climate, laid-back culture, and abundance of co-working spaces (790 to be precise). ...
    • Mexico. ...
    • Romania. ...
    • Georgia. ...
    • Ecuador. ...
    • Indonesia.
    Jan 2, 2024

    Where should I move as a digital nomad? ›

    Southeast Asia: Countries like Thailand, Vietnam, and Indonesia offer budget-friendly options, especially in smaller towns and coastal areas. Eastern Europe: Cities such as Budapest, Belgrade, and Sofia provide affordable living costs with good internet infrastructure and growing digital nomad communities.

    Where is the safest place for digital nomads? ›

    5 safe destinations for digital nomads
    • Thailand. Known as Asia's most accessible and safest country for tourists who have never set foot on the continent, it's an excellent option for novice digital nomads. ...
    • Portugal. Closer to home, Lusitania has become a magnet for digital nomads. ...
    • Spain. ...
    • Indonesia. ...
    • France.

    Do digital nomads pay US taxes? ›

    The most common question we hear is, “Do digital nomads have to file U.S. taxes?” Yes, if they make over the minimum amount required to file, digital nomads must file a U.S. tax return.

    Why is Bali so popular for digital nomads? ›

    A fast up-and-coming location for digital nomads is Bali's southern peninsula, also known as Uluwatu. Those who live here love it for the relaxed atmosphere, world-renowned surfing, dramatic cliffs, pristine beaches, and surf culture. There is a booming restaurant and cafe culture.

    Is 30 too old to be digital nomad? ›

    Although you might think digital nomads are all Generation Z, the reality is that you can become a digital nomad at any age, in your 30s, 40s or beyond. Even better, you have some big advantages that younger people don't enjoy — and that can get your remote working lifestyle off to a great start.

    What is the difference between a nomad and a digital nomad? ›

    Digital nomads use technology and communication tools to complete work remotely in order to travel the country or the world. Some working nomads stay in one location for a while, putting down some roots for a few weeks or a few months before moving on.

    Do I need a VPN as a digital nomad? ›

    Yes, digital nomads absolutely need a VPN. Among other things, a capable VPN encrypts your internet traffic for security/privacy purposes like preventing data theft and ad tracking. Additionally, it also helps to bypass geo-blocks so that you can access websites and content that are restricted in your location.

    Do digital nomads pay tax in the country? ›

    Yes, American digital nomads must file U.S. taxes, even when working remotely abroad. The most common question we hear is, “Do digital nomads have to file U.S. taxes?” Yes, if they make over the minimum amount required to file, digital nomads must file a U.S. tax return.

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