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What can I do as a digital nomad that can pay $120K USD or more? Taxes notwithstanding?
My fantasy is to be able to pay back my student loans without having to live in the United States. And no, I don't want to just move to a LCOL area in the US to save money. I want to live in Europe. And no I don't want to pay down the student loans first and then move when I'm debt free. Life is too short for that. Also, this is a FANTASY, so none of that "grow up and put on your big girl pants" talk. Just humor me. To be grounded in some sense of reality, I work in IT and have a lot of skills in that area and I'm interested in AI regulatory policy, for what it's worth. |
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Not a fantasy for me! Feel free to ask me anything.
I work at a small niche recruiting agency, make $125k, work about 30 hours per week, and can work from anywhere in the world. A lot of European companies added digital nomad visas during covid where you can stay and work for a year. |
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Marketing, recruiting, sales, technical writing/copywriting/editing, programming.
Pretty much anything that requires you to sit in front of a screen. Much harder to get any of these positions as part of management, so you want to be an individual contributor/subject matter expert. |
| Brazil has a digital nomad program, and 120k goes very far here (although taxes are also very high). I've worked from London and from Brazil on teams based in the US and the time difference between London and DC made it tough. |
As long as you're not an MLM tell me more. I imagine these jobs are rare.
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Definitely not an MLM
I think the key is that I provide a lot of value at a very small company. I control my own schedule. My main candidate pipelines are via job posts on recruiting sites and word of mouth recs from previous people I've placed in jobs so I always make sure to keep a steady stream of candidates coming in. It was a lot of effort up front but now it basically runs on autopilot. I review resumes at my leisure and candidates schedule interviews based on the availability I open on my own calendar. Reference verifications are really the only calls that I'm at the mercy of the reference because I respect the time they're willing to give me. I know my industry and job market inside and out so really it's almost boring at this point, but I'm very thankful for the flexibility. About 2 years after I got this job, we wanted to work towards location independence as a family so my husband began his job search and after 6 months he landed a job with a European company which is fully remote and he can not only work from anywhere in the US or Europe, but also we can tag along on some of his business trips. He also gets European benefits which are great- 25 vacation days, 15 sick days, and 12 holidays. |
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Revolut has a work anywhere policy and 100 percent remote.
They pay like 150k to 250k You need an address for payroll purposes however. Kraken has it too you can work anywhere in works EXCEPT New York State. No employees or customers allowed from NY Akamai is also all remote |
| Experienced software developers often can work anyplace they want. Mind, those jobs sometimes also mean you can work any 60 hours/week (not 40) to keep up with demanding dates and deliverables. |
Can you name some? |
Digital nomad visas in Albania Albania has emerged as a popular and affordable destination for digital nomads, especially for those interested in getting off the beaten travel track. Cost: varies Visa duration: one year, renewable for an additional year Necessary income: around $9,800 per year Digital nomad visas in Croatia Croatia offers a Digital Nomad Residence Permit, which allows you to live and work in this beautiful Balkan country as a digital nomad. Cost: $73 Visa duration: from six months to one year Necessary income: $2,658 per month (minimum) Digital nomad visas in Estonia Estonia was the first European country to offer an official digital nomad visa. There are two types: a short-stay visa (C-Visa) or a long-stay visa (D-Visa). Cost: $85 Visa duration: three months Necessary income: $37,000 per year (minimum) Digital nomad visas in Germany Germany's digital nomad visa program has been delayed, even though there’s a shortage of highly skilled workers in many industries across the country. A popular alternative is the “Freiberufler” visa, which allows non-EU nationals to work in Germany as a freelancer for three months or more. Cost: $75 Visa duration: starting at three months Necessary income: $10,000 per year Find out the details about getting a digital nomad visa in Germany in this in-depth guide. Digital nomad visas in Georgia Georgia is one of the countries most open to digital nomads and remote workers, allowing 95 nationalities to live and work there. Cost: Free Visa duration: one year Necessary income: $2,000 per month (minimum) Digital nomad visas in Iceland How about remote working amidst wild horses, active volcanoes, and a lot of snow? Iceland was one of the first Schengen countries to introduce a remote work visa designed specifically for digital nomads. Cost: $96 Visa duration: six months Necessary income: $7,763 per month (minimum) Digital nomad visas in Norway Norway's digital nomad visa allows you to live and work there — but only in Svalbard, an archipelago between mainland Norway and the North Pole. Cost: $632 Visa duration: two years (renewable) Necessary income: $37,680 per year (minimum) Digital nomad visas in Spain Spain is the latest country to introduce a digital nomad visa program, with applications opening at the beginning of 2023. Cost: $265 Visa duration: one year (renewable) Necessary income: $2,215 per month (minimum) Find out the details about getting a digital nomad visa in Spain in this in-depth guide. Digital nomad visas in Portugal As long as you can provide proof of independent income, Portugal's temporary stay visa is a great option for remote workers. Cost: around $190 Visa duration: one year (renewable) Necessary income: $2,950 per month (minimum) Digital nomad visas in Malta Malta has previously offered tourist visas and a one-year visa for longer stays. Now, they’re also offering a digital nomad visa. Cost: $316 Visa duration: one year (renewable) Necessary income: $2,850 per month Digital nomad visas in Greece Greece's digital nomad visa is known to be one of the easiest to apply for and to obtain. Not only that, it guarantees you free travel around the European Union. Some digital nomads might even get a 50% tax reduction. Cost: $79 Visa duration: one year (renewable) Necessary income: $3,690 per month (minimum) Digital nomad visas in Romania A popular destination for remote workers from all around the world, Romania offers stunning landscapes and affordable living costs. Cost: not available Visa duration: one year (renewable) Necessary income: $3,900 per month (minimum) Digital nomad visas in Hungary If you're under 40 and not married, Hungary's White Card, launched in November 2021, might be the perfect option for a longer stay there. Cost: $116 Visa duration: one year (renewable) Necessary income: $2,110 per month Digital nomad visas in Cyprus Cyprus' Digital Nomad Visa Scheme allows nationals from non-EU and non-EEA countries to live and work there. However, there's a catch: only a limited number of visas are issued each year (100 in 2021 and 500 in 2022). Cost: $78 Visa duration: one year (renewable) Necessary income: $37,000 per year Digital nomad visas in Italy Italy's digital nomad visa was finally passed in March 2022. However, this visa will only be available for highly skilled workers with a Master's degree. It hasn't been officially launched yet, so there isn’t much information available yet about the visa. Cost: not available Visa duration: one year Necessary income: not available |