Nowadays, the concept of being a digital nomad has gained popularity due to employees wanting the freedom to work from any location without constraints. Providing the option for employees to become digital nomads can have various benefits, including expanding their horizons, improving their mental well-being, and allowing them to work from the most suitable environment. These advantages are not … [Read more...]

Even if you have reached the point where you can freely travel and work remotely around the world, there is still a topic that most individuals dislike discussing or considering: taxes. Regardless of whether you are a permanent expatriate, a full-time nomad, or someone who occasionally works while on vacation, all American citizens are required to report their income to the IRS on an annual basis. … [Read more...]

As a digital nomad, what is the process for filing taxes? The growing population of digital nomads choosing to live a nomadic lifestyle has made this issue more common. It can be challenging to understand without assistance. The guide has everything you need to know about filing international and local taxes, so the good news is, you don't have to learn from experienced digital nomads. … [Read more...]

The taxation rules for digital nomads depend on the country they reside in. In the United States, American citizens must pay self-employment taxes on their income regardless of their place of residence. Unlike most countries, the US taxes its residents based on citizenship rather than current location. Below is a guide to taxation for American digital nomads. Do you need to file US taxes while … [Read more...]

It is crucial to manage taxes as a Digital Nomad in your online career. Keeping abreast of the most recent tax guidance will not only ensure compliance while traveling, but also lead to substantial cost savings. Are deductions available for digital nomads who face unique challenges with their online business, similar to the deductions provided for business-owning taxpayers? Due to … [Read more...]

With the increasing number of companies shifting to fully remote work setups, there arises an enticing possibility of contemplating working from a different country. Given the freedom to work from any location, why not seize the opportunity to benefit from better climate and reduced living expenses in an alternate region of the globe? Foreign remote workers can generally stay and work remotely … [Read more...]

The hot topic is the lifestyle that is location independent. After the pandemic wreaked havoc in our lives, a lot of people began pondering their true desires. Location independence does not necessarily imply constant travel, also known as being a digital nomad. Digital Nomads vs Location Independent Entrepreneurs The terms location independent entrepreneurs and digital nomads are often … [Read more...]

If we were to inform you that it is feasible to combine your career with your desire to explore, allowing you to heed the call of the world despite your current job, would you believe us? With the advancements in technology and the evolving job market, it is now more convenient to find remote jobs that enable travel. However, it is important to note that not all professions offer the same level … [Read more...]

You are envisioning the possibility of exploring the world, but in reality, you require a stable source of income during this time. You are starting to consider the notion of working while you travel. It's possible that you came across an article highlighting the advantages of being a digital nomad. Now, you find it difficult to let go of the belief that you could potentially live your desired … [Read more...]

Amidst the COVID-19 pandemic, numerous US expatriates have reevaluated their life priorities. The limitations on travel and social isolation have led some expats to recognize that being near their loved ones and friends at home holds utmost importance to them. Chara Richterberg, a Louisiana native, had been living on four different continents until March 2020 owing to her husband's career in the … [Read more...]