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Becoming a Digital Nomad

by Hodfords October 12, 2022October 12, 2022
written by Hodfords October 12, 2022October 12, 2022
Becoming a Digital Nomad

The technology of today has allowed work to be done outside the walls of an office. Through effective communication channels and excellent internet connections, there is no longer tangible benefit that comes from making your way to the office day in and day out, other than the social interaction with colleagues. This has been an obvious benefit for businesses and workers across the pandemic, allowing business as usual.

  • In fact, there are lots of data that suggest an increase in organisational performance when allowing remote working. Here are some of the benefits:
  • Employee productivity has been shown to be 35-40% more when working at home compared to office work.
  • There has been a 41% decrease in absenteeism since working from home, allowing more work to be done.
  • Around $11,000 can be saved for each employee every year when working from home, improving profitability.

This has allowed many to work from the comfort of their homes, however, some have seen this as an opportunity to do and see more.

Digital Nomads

Digital Nomads travel whilst completing their work, not confined to geographic location. It’s a lifestyle, whereby seeing new cultures and new places whilst completing their work go hand in hand. The trend is being driven by Millennials (born between the 1980s-2000s) who see conventional work practices as passé and look to the digitization of work as a huge lifestyle opportunity.

Common Digital Nomad Occupations

Though many occupations still require employees to work in the office, there are many jobs that work well with a fully remote lifestyle. Here is a list of these roles:

  • Accounting
  • Customer Service
  • Design
  • Editing
  • Healthcare
  • IT
  • Marketing
  • Project Management
  • Quality Analyst (QA)
  • Recruiting & HR
  • Sales
  • Software Development
  • Teacher/Tutor
  • Transcription
  • Virtual Assistant
  • Writing

Prepare to be a nomad.

Make sure you have a strong cash buffer.

However you approach your nomadic lifestyle, ensure you have a strong buffer in event of an emergency. It’s hard to plan for every situation when you are travelling, especially if you are far from home. It is therefore wise to have a buffer, ideally of a few months of income.

Health Insurance.

The dreaded, but necessary, health insurance. There is always a chance that you come down with an illness, so ensuring you are covered is vital- partly because medical care can be expensive abroad, but more importantly, because you want to ensure that you can be seen medically. In turn, it’s also equally important buying the right insurance and be sure to look at the terms and conditions, this can catch people out.

Unlock your phone.

Travelling to different countries will often mean that your domestic SIM will charge you international fees. If your phone is locked to a particular network, get it unlocked and you will be ready to use any international carrier SIM.

Where’s popular?

Although you can travel to most places and be a digital nomad, there are certain places that are the more popular among the nomadic community. Here is a list of the top 10 locations:

  • MEXICO
  • THAILAND
  • INDONESIA 
  • COLOMBIA
  • VIETNAM
  • PORTUGAL
  • TURKEY
  • COSTA RICA
  • BRAZIL
  • PHILIPPINES
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