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Are any digital nomads finding success with Bitcoin?


by @jasonmwomack | 5yr  | 10 comments

Are any digital nomads finding success with Bitcoin ?

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@mario | 5yr

I actually looking into getting paid more often in Bitcoins and for such Iโ€™m looking to get an account with bitpagos.com as they seem to accept payments in btc or credit/debit card which converts into btcโ€ฆ this would allow people who donโ€™t own bitcoin to pay me regardless

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@inthaiguy | 5yr

Localbitcoins works pretty much everywhere to get money in and out of the BTC system. Yeah, youโ€™ve got the fees, but hey, youโ€™re supporting the future.

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@theunisk | 5yr

Iโ€™ve had great success using it to bring money into my home country from the US at (or often better than) the international exchange rate.

Iโ€™ll soon be setting off to Europe for several months, Iโ€™m hoping to find ways to use it successfully there too.
Certainly interested in hearing otherโ€™s experiencesโ€ฆ

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@replay | 5yr

Depends on what you mean with success, do you mean like getting paid in BTC? I used to work for a project for which the customers paid in BTC and still have some. I also successfully used a BTC ATM in Korea to withdraw some cash from the BTC wallet on my phone, so that worked out:)

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@grum | 5yr

Iโ€™ve used Bitcoin to lessen the impact of exchange rates and other related fees. I also accept payment in BTC but the money gets withdrawn instantly. Like many, I donโ€™t trust the markets.

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What do you use to convert/withdraw?

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@replay | 5yr

I recently used Coinbase to convert, worked well for me. Basically you have to have your wallet there, then you can select you want to create a wallet in some real-world currency like Euro, then they allow you to do the conversion online.
They also allow you to send yourself the Euro via wire transfer into a bank account, but you need to go through something like a verification procedure that involves sending some real money (like 1 Euro) to an account number they give you.
I went through the whole process and it worked out well for me.

Edit: I should mention that I havenโ€™t done that for any โ€œlargeโ€ amounts, max 50 Euro

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@grum | 5yr

There are Bitcoin ATMs dotted around the world however there are enough web services out there to transfer money from bank to bitcoin to bank.

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Do you have a US bank account?

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@theunisk | 5yr

How are the exchange rates when using atmโ€™s typically?

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Read and participate in 14,022 discussions on Nomad List

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Best place in Portugal near cool nomads, good surf, and a great cowork spot


in Portugal by @joelnicholson | 7d 7 days ago | 9 comments

Hi there, title says it all. Canadian nomad hoping to find the city/town in Portugal with great, consistent surfing, a solid coworking spot, and a fun group of young nomads. Please recommend!

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What is the best online insurance for digital nomads ?


by @berberos | 2mo 1 month ago | 4 comments

Hi guys ! hope you are doing well.

I would love to get your feedback regarding the best insurance for digital nomads. i'm traveling around Asia since 1 year and for next 4 or 5 years. Would love to buy an insurance to cover especially :

- health

- laptop, phone ...

- Flights

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Any nomads working on startups?

 

by @mattlock | 5mo 5 months ago | 33 comments

Hoping to see all the cool stuff people are working on while they live an extraordinary life.

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Any Ph.D students dissertating while a digital nomad?


by @larsheather | 6mo 6 months ago | 5 comments

Anyone know of any groups or resources for Ph.D. students working on dissertation while living as a digital nomad? I know there are several virtual writing groups around, but wondered if there were any specifically for digital nomads, particularly those who are dissertating.

Thanks!

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Does international health insurance for digital nomads exist?

 

by @al_steffen | 6mo 6 months ago | 59 comments

Hey Nomads!

Iโ€™m looking for an international health insurance (no travel insurance) for my nomadic life. It should cover the basic services and at least be accepted in the EU (itโ€™s ok if itโ€™s not accepted in the US as Iโ€™m aware they rarely are). Nice to have: enter into a contract online. Anyone got a good experience or a recommendation?

Thanks in advance!

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I dream of being a digital nomad? How do I do it?


by @programmingmark | 8mo 7 months ago | 2 comments

Hello digital nomad!

I dream of being an independent digital nomad. But it feels very elusive & unattainable with my success rate. In full disclosure, whilst I have dreamed about making money online since high school; I have not earned a single cent making money online. $0, nada, zilch!! On the contrary, I have spent a lot of time & money on books, podcasts. Even though I have spent a lot of time reading/listening to others, I do not have anything to show for it!

I have made attempts in the past to start an online business, but these fizzle out quite quickly when I do not see traction especially when the goal I have set myself is too high.

Instead of reaching for the ultimate nomadic lifestyle goal, I want to start much smaller. Really small! I am simply looking to make $50 profit per month from a new online business. Thatโ€™s it.

I need some advice from you please!

  • Is $50 profit too low? How long did it take you to earn $50 profit per month?

  • What is a good way of achieving this goal?

Thanks
Mark
aka the $0 online business entrepreneur

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How do digital nomads pay tax?


by @rodriigovieira | 8mo 8 months ago | 19 comments

Hello everyone! Iโ€™m new here and probably this is a very newbie question, but it doesnโ€™t leave my head.

How do you, nomads, pay your taxes? I mean, if youโ€™re constantly traveling, how are you going to pay taxes for a certain country if you are going to stay there a short period of time?
Or do you return to your โ€œoriginal countryโ€ and then pay them?

By the way, this forum has very nice cool formatting features! :smile:

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Anyone know an accountant for Canadian nomads/expats?


by @noam_lightstone | 9mo 8 months ago | 16 comments

Hey guys, this was my first year as a Canadian nomad.

As far as I know of, Canadians donโ€™t pay taxes if they do not live in the country for 6 months.

But Iโ€™d like to talk to an accountant or someone who does Canadian taxes specifically for expats and nomads to get clear on the rules and for help on my return coming up.

Does anyone know someone who specializes in Canada who can help? Iโ€™ve seen plenty of US recommendations but none for us canucks.

Thanks guys!

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Best place for Digital Nomad in Latin America?


by @rose_davis | 10mo 10 months ago | 7 comments

Hi!

I am planning to move to Latin America for 3-4 months (Oct-January). Iโ€™ve narrowed down 6 different places that I want to visit before committing to settling down, but Iโ€™d love to get some community input.

Here are the cities Iโ€™m considering:

  • Quito, Ecuador
  • Cuenca, Ecuador
  • Medellin, Columbia
  • Cartagena, Columbia
  • Antigua, Guatemala
  • San Marcos La Laguna, Guatemala

The most important things Iโ€™m looking for:

  • Fast/easily accessible internet
  • Easy to meet other nomads/make friends in general
  • Safe for women
  • Some sort of spiritual community (Iโ€™m also a yoga teacher)
  • Easily walkable city

Anyone have any experience with these places and can give some insight? Iโ€™m also completely open to other recommendations.

Thanks!
Rose

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Where are the nomads in Mexico City?


in Mexico City, Mexico by @shellyfish | 10mo 10 months ago | 9 comments

I just landed as a n00b digital nomad in Mexico City, and I am wonderingโ€ฆ Where are all the international digital nomads hiding around here? I have been to several coworking spaces (Selina etc.) only to find A LOT of local Mexican workers and businesses. Donโ€™t get me wrong, that is all fine, but I was hoping to meet some international nomads! Any advice?

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How do we solve housing for digital nomads?

 

by @levelsio | 10mo 10 months ago | 61 comments

Thereโ€™s been a lot of discussion on this recently.

Nomads usually stay in hostels, hotels and short-term apartments. But itโ€™s all not very optimal.

Iโ€™ve heard people suggest getting funding and building a network of houses you can stay at for a subscription price (e.g. Bruno Haid is working on that).

I donโ€™t want do physical stuff, so Iโ€™m thinking of building a platform around making housing better for nomads.

What are the housing problems nomads face? And how can we solve them with products/services?

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App/tool/service for nomads to bring things from another country?


by @brmolin | 12mo 11 months ago | 4 comments

I vaguely remember hearing about such a service before, but Iโ€™m drawing a blank on the name. Basically I left my tablet on a connecting flight in Europe, right before my main flight to Thailand. They have my tablet and are willing to ship it out for me, but people have warned me thereโ€™s a big risk of it getting โ€œlost in the mailโ€ if I ship something expensive like that to Thailand.

Iโ€™m wondering if thereโ€™s a service or community, where I can find a nomad whoโ€™s in Europe/heading to Thailand soon, so I can have it shipped to them in Europe and pay them to ferry it down here for me? I met someone in Budapest a ways back who had built something for this type of use-case, but I canโ€™t remember the name of it. Any help would be appreciated!

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Are there any nomads from India?

 

in India by @ankitdas123 | 12mo 11 months ago | 56 comments

I have seen a lot of posts from different people across the world, but not even a single post from someone in India, who has been a nomad, either living within the country or traveling to another one.

Would definitely love to hear stories from such people. We are a couple traveling as social nomads who are trying to bridge the gap between the rural and urban societies in India. We have started out very humble and do not have much resources, so looking out for help from the community.

Ankit & Rishika
Around Love and Life

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How is Sicily for digital nomads?


by @gaelm | 1yr 1 year ago | 15 comments

Hi all, I was looking for a cool spot in Southern Europe for winter and Iโ€™m considering Sicilyโ€ฆ Have you ever been there? If yes, how was your experience? If not, why?
thanks!

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How is Bari, Italy for digital nomads?


in Bari, Italy by @mitch_dina | 1yr 1 year ago | 7 comments

Greetings!
Does anyone have experience in Bari, Italy please? We are thinking of going from Dubrovnik, Croatia to Bari by boat in mid-March. Has anyone taken a boat across? Is it nice or can it be choppy? (We are trying to avoid planes, to reduce our carbon footprint, so adding more surface travel.) Also, any info you might be able to offer about Bari and the surrounds? Next step will likely be trains up Italy as the Spring progresses.

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How is Mauritius for digital nomads?


in Mauritius by @wakkos | 1yr 1 year ago | 14 comments

Hello all,

Iโ€™m planning on spending a couple of month in Mauritius Island and even when Iโ€™ve been there for a week, never rented or worked there.

Does anyone here has tips or experience to share about Mauritius?

Cheers!

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Are there any digital nomad fitness retreats?


by @ryanjames | 1yr 1 year ago | 1 comment

Hey all:

Does anyone here have any experience attending a full time fitness bootcamp or a fitness resort while working? I know there is one in Cambodia for digital nomads (Fitness Retreat Resort Kep Gym), unfortunately the time difference vs my work schedule would make my life suck if I tried to go there. Iโ€™m looking for a place between US and Europe timezones that lets you live with them, kicks your butt with fitness, but would also have good WiFi/accommodate working eight hours a day. Iโ€™m also open to other tangential ideas for something close-ish to get that same experience.

Thanks for any help!

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Best way to connect with "local" nomads using Nomadlist?


by @migueltic | 1yr 1 year ago | 4 comments

Hi, Iโ€™ve seen that Nomad List offers different options that could work for connecting with other nomads that are in the same place as me (forum, Slack, user maps, matches and maybe even more options I havenโ€™t seen), but Iโ€™m not sure what is the best/recommended way to use all these options.

Should I use all of them? Start with a message in the forum and/or Slack?

Sending private messages to a lot of people feels a little bit โ€œaggressiveโ€. And matches are not based on current location if I understood it correctly.

By the way, I just arrived at Budapest :slight_smile:

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Best American phone carrier for nomads


by @tylertringas | 1yr 1 year ago | 12 comments

Iโ€™m surprised this isnโ€™t anywhere on the forum yet. But just a pro tip for Americans about to start a nomad adventure. T-mobile offers unlimited SMS & data in 120 countries for FREE with any of their (already pretty cheap) plans. Itโ€™s ideal if you plan to be back in the US for any part of the year, but I honestly would consider it even if youโ€™re going to be entirely out of the country.

You get bumped down to much slower 3G speeds, but itโ€™s free and works as soon as you land. Can be super helpful before youโ€™ve sorted yourself out with a local SIM. I usually keep my T-mobile SIM in my iPhone all the time and then buy a local SIM and drop it in my pocket wifi for both laptop and iPhone when needed. I keep my local US number and just use it (itโ€™s like $0.05/min in most places) for important clients calls so they donโ€™t have to bother with Skype.

Iโ€™m not affiliated at all, just a happy customer. Anybody found a better deal worth mentioning?

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Best place to set up a company selling digital services?


by @pras_k | 1yr 1 year ago | 10 comments

Whatโ€™s the best place?
For residency Iโ€™m looking at Portugal and they have the NHR (non habitual resident) program which would exempt dividends from foreign income.
So all Iโ€™m really looking for is the best place to actually start the company.
Biggest factors are of course low taxes and ease of setting up the company plus a business bank account that enables me to receive payments through Stripe.

What I found so far:
Hong Kong
Corporate tax rate of 16.5% (8.25% for the first HK$2 million)
โŠ•/โŠ– offshore income from outside HK is exempt from taxation but itโ€™s not clear whether this can be done in the first year and prorated or if itโ€™s only through filing the offshore exemption claim. This might take two years and requires not income from HK at all. More info on that would be great
โŠ– seems very difficult to get a business bank account
โŠ– necessary services and fees are roughly around โ‚ฌ2000 / year
โŠ– accounting requirements seem to be very strict
โŠ• Doesnโ€™t require local partner
โŠ• Agencies available that seem to handle most of the work

Singapore
Corporate tax rate of 17% (0% on the first S$100k, 8.5% up to S$300k)
โŠ– requires a local director. What are the implications of this?

Malta
Corporate tax rate of 35%
There is the โ€œfull imputation systemโ€ but I donโ€™t really understand it.
"In most cases, the tax refund to the shareholder is 6/7 of the tax paid by the company on profits distributed as dividends. The tax refund rate may be different in the following cases: " This would result in an effective corporate tax of around 5%.
โŠ– European customers would have to pay VAT and Iโ€™d have to deal with that

Cyprus
Corporate tax rate of 12.5% and there seem to be ways to lower this
โŠ– European customers would have to pay VAT and Iโ€™d have to deal with that
โŠ– requires staying in Cyprus for 2 months / year

I find it surprising how much research this requires and how much โ€œit dependsโ€ information is out there when Iโ€™d assume that there are probably thousands of digital nomads who probably have very similar requirements.

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