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I’m in Bishkek now, Phil. Internet is really fast here. It’s the first day here so that’s all I know about it
Keep us updated How’s the weather ?
Enjoy your stay
Hi guys, any updates on central Asia? I’m planning to move thru silk route over the summer, starting from the Vietnam! If any digital nomad is around or been there before, any tips are appreciated! A
I’ve spent something like 12-18 months in Mongolia, mostly during the summers.
It’s pretty amazing and keeps getting better. Great restaurants, internet is fast and getting more and more stable. Data plans are cheap and very reliable. Electricity goes out less and less. Only thing that’s annoying is that, incredibly, they still turn off the hot water for a few weeks every summer.
Ulaanbaatar is a bit more expensive than other Asian cities. Rent is between 400 and 1000€ for a normal apartment studio or 1BR apartment. Food is around 10€/meal (including drinks – unless you eat Mongol food, but many people don’t and it’s impossible if you’re vegetarian). Taxis are cheap.
You’ll get a 3 month visa on arrival as an American, but if you’re European you’ll only get 1 month per entry and can extend for another month once every 6 months. If you stay longer and have to do visa runs it can be pretty expensive. Return flights to Korea are around 600€, to Beijing 400-500€ plus you have to get a visa. Most countries can only apply for Russian visas from their home country. The cheapest option is to take the overnight train and do a Thailand/Myanmar-style visarun to China at Erlian for around 50-100€, but it’s a real pain in the ass as you have to apply for a Chinese visa and have to sleep in a train for 2 nights and be in transit for a day (I did it a few times. I’m not very social and tend to dislike the trains. Then I started bribing the conductor and getting a private cabin in the personell wagon).
If you want to go to Mongolia, the summer of 2016 is a great time to do so. Travel is incredibly cheap this year because of the ASEM summit. I saw Frankfurt - UB for as cheap as 350€ (normally more like 750€) and there are rumors that they’ll lighten the visa requirements too.
Edit: almost forgot: the Mongols are great people, very relatable. The Koreans say about the Mongols that they have an ‘Asian face, Western mind’. It’ll be very different than places like Thailand where you’ll hardly have real contact with locals. The only thing that’s incredibly sad is that due to the current economic crisis, everyone is broke right now (while maybe 5% of the population is incredibly rich and very eager to show you their wealth).
Thank to you I feel very lucky now
Have driven through most of Central Asia otw from London to Mongolia in 2009. Amazing, scenic places with friendly people…but the Internet and mobile access wasn’t quite up-to-par in most places, as one would expect.
However, I’m sure things have progressed a bit since then. You can find decent Internet in Ulan Bator, and I’m sure the major cities (Tashkent, Bishkek, etc.) will be doable. I found Dushanbe a bit boring (not much history, not very beautiful), Bishkek I liked (very post-Soviet). As for “Silk Road Cities”, a night or two in Samarkand will suffice, but I rather liked the smaller city of Bukhara (lots of history and cool buildings to explore).
Hope that helps a bit!
Does anyone ever travel to any Islands like Bermuda, Barbados, Barbuda and St. Kitts & Nevis?
I'm in need of a tax advisor who understands "our" typical situation. I'm all good on being legal on taxes at this point, but as I'm doing more investing and there's more compliance and KYC and such, it's getting more complicated to deal with this topic. Not living in my country of citizenship, company in another country, resident in yet another country, banking in a different country ... you know how it is, a pile of red flags.
Would be great to find a good tax advisor to sort things in a way that makes my situation as "explainable" and easily dealt with as possible. Any leads?
Hi, I've got a question to anyone who had experience with the digital nomad lifestyle. I'm 24, I'm in my last year of university doing computer science, got 3 years of experience mostly doing web development.
I never liked the idea of staying in one place, getting a job and growing roots - hence the will to take the opportunity and travel the world. My main question is – how do I go about it? Are there any useful resources I could look into?
How do I go about insurance and such once I decide to move. I currently live in Switzerland and do freelance work for one company. It's not a lot, since my studies don't allow me to pick up a full time job, but it allows me to cover simple expenses.
I'd be happy to get some insight into how things work and also happy to network with anyone interested.
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 :
- laptop, phone ...
We're looking for a country in South East Asia that can function as our base, mainly for tax purposes. Meaning it will have to be a place where we can stay for the 183 days required without too much hassle.
We've been looking at Thailand, but have heard that it's very hard to do visa runs etc., so what other can you recommend? Indonesia looked like a good option, but the income rate is a flat 20% and very high for the region.
Looking for blogs by individuals who document their progress/business in South East Asia - ideally Vietnam, Cambodia or Laos - but also Thailand/Myanmar too.
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.
I’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 (it’s ok if it’s not accepted in the US as I’m aware they rarely are). Nice to have: enter into a contract online. Anyone got a good experience or a recommendation?
Thanks in advance!
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. That’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?
aka the $0 online business entrepreneur
Hello everyone! I’m new here and probably this is a very newbie question, but it doesn’t leave my head.
How do you, nomads, pay your taxes? I mean, if you’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 “original country” and then pay them?
By the way, this forum has very nice cool formatting features!
Currently in Playa Del Carmen, Mexico and heading to Santa Teressa, Costa Rica next week.
Then Aruba in the Caribbean Sea for Christmas and New Year.
However I feel I want to head back to Central America to bring living costs down, rather than staying in the Caribbean Sea among the expensive Islands.
This means I have around 2 - 2,5 month of unplanned travelling.
Any digital nomads who have ideas about where to head in that timeframe?
I am planning to move to Latin America for 3-4 months (Oct-January). I’ve narrowed down 6 different places that I want to visit before committing to settling down, but I’d love to get some community input.
Here are the cities I’m considering:
The most important things I’m looking for:
Anyone have any experience with these places and can give some insight? I’m also completely open to other recommendations.
There’s been a lot of discussion on this recently.
Nomads usually stay in hostels, hotels and short-term apartments. But it’s all not very optimal.
I’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 don’t want do physical stuff, so I’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?
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.
I’m planning on spending a couple of month in Mauritius Island and even when I’ve been there for a week, never rented or worked there.
Does anyone here has tips or experience to share about Mauritius?
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. I’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. I’m also open to other tangential ideas for something close-ish to get that same experience.
Thanks for any help!
What’s the best place?
For residency I’m looking at Portugal and they have the NHR (non habitual resident) program which would exempt dividends from foreign income.
So all I’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:
Corporate tax rate of 16.5% (8.25% for the first HK$2 million)
⊕/⊖ offshore income from outside HK is exempt from taxation but it’s not clear whether this can be done in the first year and prorated or if it’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
⊖ seems very difficult to get a business bank account
⊖ necessary services and fees are roughly around €2000 / year
⊖ accounting requirements seem to be very strict
⊕ Doesn’t require local partner
⊕ Agencies available that seem to handle most of the work
Corporate tax rate of 17% (0% on the first S$100k, 8.5% up to S$300k)
⊖ requires a local director. What are the implications of this?
Corporate tax rate of 35%
There is the “full imputation system” but I don’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%.
⊖ European customers would have to pay VAT and I’d have to deal with that
Corporate tax rate of 12.5% and there seem to be ways to lower this
⊖ European customers would have to pay VAT and I’d have to deal with that
⊖ requires staying in Cyprus for 2 months / year
I find it surprising how much research this requires and how much “it depends” information is out there when I’d assume that there are probably thousands of digital nomads who probably have very similar requirements.
When you meet new people or reconnect with old friends, do you “out” yourself as a digital nomad? The simple question “where do you live?” makes us uncertain now. We wonder if some places may be less welcoming to digital nomads, or if “digital nomad” has a negative connotation in some places. If you are forthcoming from the start, does your status as a digital nomad make it hard to form friendships?
We would love to hear how other people navigate this… how to balance being authentic in relationships vs. withholding the context (and allowing people to assume you’re on vacation, for example).
We’re leaving on Dec 1st for a 5-month DN experience with our kids, but we have second thoughts on our journey. We were supposed to do a trip in South-East Asia (Thailand, Indonesia and Malaysia). We’re from Canada, and our clients are all in Canada right now (we’re digital marketing consultants).
After comparing destinations, we’re starting the think Latin America may be a better choice to make sure we keep most of our clients during these 5 months (same timezone). Also, it seems Latin America fits our needs too :
So here are our 2 options ; which one would you recommend for our criteria?
A: SEA : Thailand (Chiang Mai and a couple islands in the South), Indonesia (Bali and Lombok), Malaysia (Penang)
B: Latin America : Mexico (Playa Del Carmen/Tulum), Colombia (Medellin), Peru (Lima and other TBD towns), Chile (Santiago and other TBD towns), Argentina (Buenos Aires and other TBD towns).
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