Share

Remote working rises as more countries offer digital nomad visas

80 percent process applications within a month
Remote working rises as more countries offer digital nomad visas
Digital nomads are people who work remotely from different locations

Remote working has gotten easier. According to the UN World Tourism Organization (UNWTO), nearly 50 percent of global destinations now provide digital nomad visas (DNVs) valid for at least one year. The UNWTO analysis looked into 54 territories.

The organization discovered that the surge in DNV availability has coincided with a rising population of digital nomads. According to HubSpot, these people are “remote workers who usually travel to different locations.” 

DNV statistics

The UNWTO report delved into seven key aspects of DNV programs. These include the application process, visa duration, taxation, insurance, accommodation, minimum income requirements and criminal record checks.

According to the report, 47 percent of destinations offer visas valid for up to one year. Additionally, 39 percent exempt digital nomads from tax obligations. Meanwhile, a staggering 80 percent process applications within one month.

Out of the destinations studied, 76 percent offer online application processes for DNV programs. Furthermore, 17 percent have no minimum income requirements. Only 6 percent do not charge visa fees for applications.

For destinations looking to expand their DNV programs, the UNWTO suggested prioritizing digitalization. Host destinations are encouraged to invest in robust infrastructure, including high-speed internet and co-working spaces. 

It also pointed out that offering a flexible visa framework can foster work-life balance. This enables digital nomads to create personalized work environments while immersing themselves in the local culture. 

Read: Where do remote workers want to live most? Dubai

The perks of digital nomad visas

A digital nomad visa allows people to reside and work in a foreign country. They can do this while maintaining their employment or conducting freelance work for employers or clients in their home country or elsewhere. 

UNWTO underscored that with this visa, digital nomads can continue their professional endeavors while embracing the unique lifestyle of the host destination. This aligns with future work trends.

A survey conducted with Chief Information Officers (CIOs) worldwide indicated a probable rise in the adoption of permanent remote work in the coming years. In March 2021, about one-third of participants expressed their anticipation of transitioning to permanent telecommuting.

Additionally, another survey identified flexibility as the main advantage highlighted by remote workers globally. In both 2020 and 2021, approximately 25 percent of respondents identified the ability to work from any location as the primary benefit of remote work.

For more miscellaneous stories, click here.

Disclaimer: The content of this article is intended for informational purposes only.It does not constitute advice on tax and legal matters; neither are they financial or investment recommendations. Refer to our full disclaimer policy here.