Remote Working
The trends towards remote working using the Digital Nomad Visa are staying longer and are boosting demand for accommodation, where recovery is desperately needed. The new breed of remote workers are learning that they can do their jobs from anywhere. These international remote workers are known as digital nomads. And they have proved that working remotely is just as productive, if not more so, than working in the office. The nomad visas typically require proof of income, remote employment, travel insurance, and intent to depart. In summary, digital nomads invest their time and money in the local economy.
Remote Working in Europe
Countries are capitalising on remote work by offering digital nomad visas. Digital nomad visas will be available in Portugal, Madeira, Croatia, the Czech Republic, Estonia, Germany, Hungary, Greece, Iceland, Italy, Malta, and Romania in late 2023. Spain will soon offer digital nomad visas in 2023. Companies are now more able to provide flexibility for remote working to some employees. They are creating an opportunity to create “workcation” experiences for people with the means and ability to work remotely. Madeira has a nomad village digital nomad village at Ponta do Sol. A unique pilot project that aims to blend digital nomads with the local businesses and Ponta do Sol inhabitants. Turning it into a community of people with a strong positive impact on the village, both socially and economically.