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How do you work out how much you need to save?

by @tuliptraveler 10yr 10yr | 1 comment

I hope to be a digital nomad in the not too distant future and plan to start saving now, but how do you work out how much you need to save? Are there any good resources out there to help me? The issue I am having is that, as it is my first nomad adventure, I don’t want to plan too much in advance but then I don’t want to miss out on activities as I didn’t save enough. Any advice?

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@gigigriffis 10yr 10yr

Hi Tulip,

The answer depends on a number of factors:

Presumably as a digital nomad you’ll be working from the road, yes? How much you generally make each month will thus factor in.
Where do you plan to travel? You can find information on cost of living on the main NomadList website (as well as elsewhere online if you Google “how much does it cost to live in X Place”). Where you plan to spend your time will determine how much you should save.
Will you be working remotely for a company or working for yourself? Most financial advisors advise any self-employed person to have six months worth of living expenses saved up before they take the self-employment leap.

Just like living in one place, to be financially sustainable on the road you’ll just need to earn more than you spend. This is fairly simple in places like Asia and tougher if you plan to spend time in London, Norway, etc.

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Read and participate in 14,117 discussions on Nomads.com

What features would you like to see on Nomad List?

by @levelsio 4yr 4 years ago | 3 comments

Hi everyone,

I would love to hear what you'd like me to build next on Nomad List, or any other product/feature feedback ideas you have.

It's been 6+ years now but I'm in this for the long term and with the boost remote work got last year it's even more exciting to work on Nomad List than ever.

Current roadmap is here: twitter.com/levelsio/status/1363204985488572417?s=20 and pbs.twimg.com/media/EusS9PKXEAUR8xp?format=jpg&name=4096x4096

The next products/features I have planned:

- 🛂 Rebase: visa, residency and immigration services for remote workers

- 🎓Courses: learn the steps how to go remote and travel/relocate

- 🏛 Gov liaison: diplomacy services to the governments to help us lobby for nomads and for them to attract remote workers

Thanks a lot!

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What are the best places right now in the Caribbean/LatAM? (Also cheapest flights/accommodation?)

by @orangutan3 4yr 4 years ago | 1 comment

What are the best places right now in the Caribbean/LatAM? (Also cheapest flights/accommodation?) Asking from the US.

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List of Visa/Residency Information in Table/Spreadsheet format?

by @innovatelife 4yr 4 years ago | 2 comments

As part of signing up for this website I was hoping I would come across a list of Visa and/or Residency requirements by country ideally in a table format to assist with decision making. Does anybody recommend any other websites that might present the information in this format (or Google Spreadsheet)?

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Most Walkable Neighborhood / City In The World ?

by @dannybooboo 4yr 4 years ago | 1 comment

I love living in walkable areas of town. I can always find them. But now I'm wondering where in the world are the most walkable places? I'm imagining walk streets (no cars), zoning allowing both business and residential, parks or beaches ,etc.

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Any nomads in Arizona, US?

in Netherlands by @info132 4yr 4 years ago | 4 comments

Hi guys,

After the Netherlands, the Bay Area, Colorado and being on the van life for 8 months, I am now in Sedona, AZ with a few other digital nomads. We are sharing a home here and are wondering if there are more like minded people in the area.

We do a bunch of hikes and campouts in the northern of Arizona. If you would like to connect with us, please do so :)

Val

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International number & internet?

by @leobassam 4yr 4 years ago | 1 comment

Has anyone figured out a way to get setup with a virtual number and internet connection anywhere you go?

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Are there any tax issues I have to be aware of?

in Germany by @clara 4yr 4 years ago | 0 comments

Hi everybody. I live and work in Germany and want to go to Canary Islands for 6 months to work from there. I'm going to keep my current job, just change the "home" in the home office part of things. Are there any tax issues I have to be aware of? I was reading about becoming a residence after 183 days, thus having to pay taxes there plus my employer having to register there. Does anybody know how it works exactly? Thanks a lot!

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Chiang Mai accommodation

in Chiang Mai , Thailand by @bertieb 4yr 4 years ago | 0 comments

Can anyone recommend a good accommodation website for Chiang Mai?

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Is anyone travelling right now?

by @viktor 4yr 4 years ago | 3 comments

Winter is coming and I’m feeling the ache of travelling after being stuck in the same place since the Pandemic started. Wondering if anyone is travelling right now? If so, where are you currently located and how is the situation where you are?

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