DolarApp Blog Work and Travel
Digital nomad
Sofia Santos

Sofia Santos

7/3/2024

Have you ever dreamed of working from a paradisiacal beach in Croatia or a café in Paris? As a digital nomad, you can make it a reality.

This lifestyle breaks traditional barriers in terms of work. Thousands of freelancers and remote workers around the world choose to adopt this mode because it allows them to combine their passion for travel with their professional career.

If you like the idea of working from any corner of the planet, this post is for you.

Digital Nomad: Everything You Need to Know to Become One

What is a Digital Nomad?

A digital nomad is someone who works or provides services to companies or individuals remotely through technology. Therefore, they can fulfill their duties from anywhere.

Digital nomads often explore the world thanks to this flexibility. They don't need an office to do their job, which allows them to discover cities, towns, countries, and tropical destinations.

It is known as a lifestyle because you can move from one place to another. A geographical freedom combined with the possibility of generating income, without jobs that require a fixed physical location.

Types of Digital Nomads

If you're interested in how to become a digital nomad, there are 3 different models you can choose from:

  • Freelance nomad. This is someone who offers their services as an independent worker online. They are independent and not tied to a fixed schedule or long-term employment contract.

  • Entrepreneurial nomad. This is someone who has their own business that operates through digital means and allows them to earn remotely.

  • Dependent nomad. This is someone who performs their duties from home without the need to go to a physical office, but under a contract.

In any of these options, you have the possibility of becoming a digital nomad.

Want to be a Digital Nomad? Here are the Basic Requirements

To generate income while leading a nomadic lifestyle, you'll need to meet essential requirements:

Profession

You must choose a profession that can be practiced remotely, that doesn't limit you to a specific place, and can be done digitally. The options are endless, and there are many 100% remote jobs; you just need to choose one that fits your skills.

Self-Discipline and Time Management

A digital nomad needs a great ability to self-manage. This includes setting schedules and sticking to them, as well as completing tasks without the need for direct supervision.

Digital Skills

It is crucial to have basic knowledge of digital tools to take this path, in addition to other skills that your profession may require.

Appropriate Equipment and Tools

You cannot be a good digital nomad without good work equipment. That is, a reliable laptop or other relevant accessories for your tasks, such as noise-cancelling headphones or a comfortable travel backpack, for example.

Documentation

A nomad often moves from one destination to another, so even if the stay is temporary, you must keep your documents up to date. You may also need to investigate, depending on the laws of the country, whether you need visas to work legally.

Internet Connection

A stable and high-speed connection is essential to perform any online work, such as sending emails, using platforms, or participating in video conferences.

How to Start Working as a Digital Nomad: Steps to Follow

In this section, we explain step by step how to become a digital nomad:

1. Decide what you will do

If you search for "Digital Nomad Jobs," you will see thousands of results. That's because there are many professions that allow you to work remotely with the help of the internet.

Identify what skills you have and how they fit into a career that can be monetized remotely.

Here is a short list of feasible professions:

  • Web designer.

  • Photographer.

  • SEO specialist.

  • Programmer.

  • Consultant.

  • Writer.

  • Copywriter.

  • Translator.

  • Video editor.

  • Virtual assistant.

  • Social media manager.

  • Online teacher.

You can also start an E-commerce store, a website to sell products online, or set up a marketplace.

2. Look for remote job opportunities

If you want to work remotely, look for jobs that allow it.

You can find freelance work using Indeed or go to platforms like Fiverr, Upwork, or Remote.co, as they specialize in the area.

3. Plan the trip

To be a successful digital nomad, you must plan before heading to a specific destination, including:

  • Researching the site, considering its safety, cost of living, and quality of the internet connection.

  • Looking for accommodation.

  • Establishing a route.

  • Defining your length of stay.

Websites like Nomad List can help you with this.

4. Plan expenses

Make sure you have a financial cushion sufficient to cover your initial expenses. Consider the cost of temporarily living in different places, transportation, health insurance that offers good coverage, among other outgoings.

5. Adapt and start working

Once everything is ready and you arrive at your destination, define a work routine that simplifies your productivity.

The most important thing is that you generate income while getting to know other places. Of course, your work must be impeccable, hence the importance of choosing a comfortable space that facilitates your efficiency.

Advantages and Disadvantages of Being a Digital Nomad

The main advantage of being a digital nomad is the independence it offers to manage your time as you wish. Whether to enjoy more time with your loved ones or use it for other activities.

But the benefits are much broader.

Pros

  • You fulfill your work without being tied to a fixed office. Therefore, you can do it while in the square of Seville or in a hotel while visiting Italy, for example.

  • You have the opportunity to meet new places and people with multiple cultures.

  • You can expand your personal and professional network.

  • You choose where to live, whether in a place with more nature, better climate, and less stress.

  • You are free to decide which schedule to follow, finding a balance between your work and personal life.

  • Managing your own work and life can also help you develop valuable skills.

However, being a digital nomad also has its challenges, which could be considered disadvantages.

Cons

  • Sometimes you may feel a lot of pressure.

  • Maintaining a productive and healthy routine can be difficult due to constant mobility.

  • Income is not always stable, especially if you are a freelancer or work on projects, which can create financial uncertainty.

  • Every time you move, you will need to plan for visas, internet access, accommodation, and other logistical aspects.

What Would My Workspace Be?

The workspace of a digital nomad will depend on your preferences, the type of job, and the situation.

Some of the typical options among digital nomads are:

  • Cafés.

  • Hotels.

  • Hostels.

  • Apartments.

  • Shared spaces, better known as Co-Working.

  • Adapted vehicles, such as vans or caravans.

  • Relaxed environments connected with nature, such as beaches or parks.

It also depends on the resources available at your current location.

You can work from a terrace overlooking the sea, as long as you have everything necessary to achieve it.

Tools for Being a Digital Nomad

Now that we've explained how to be a digital nomad, we'll tell you what resources and tools will allow you to meet your goals:

  • High-performance laptop. With good battery life, features tailored to your profession, and lightweight.

  • External hard drive. For additional storage and to make backups.

  • Ergonomic backpack. That transports your equipment safely and comfortably.

  • Power adapters. To be able to connect your devices depending on the area.

  • Smartphone. With quality camera, good storage capacity, and access to work applications.

  • Noise-cancelling headphones. If you need them for video calls or to concentrate in noisy environments.

  • International SIM cards. To have communication in different countries.

  • Chargers and external batteries. So you make sure to keep your devices always charged.

  • Cloud storage. Like Google Drive, Dropbox, and OneDrive.

Your life as a digital nomad will be simpler if you take advantage of project and task management tools, such as:

  • Trello. It helps you organize your tasks and projects in order to maximize your productivity.

  • Asana. Software that will be useful for working as a team.

  • Notion. For your notes, project management, and more.

  • Calendly. It serves to automate your meetings, streamlining processes and saving you time.

How Much Does a Digital Nomad Earn?

In general terms, a digital nomad can earn between $20,000 and $100,000 per year, depending on factors such as:

  • The cost of living in the place where they reside.

  • Income diversification, as some have several sources of income. They can provide consultancy and at the same time make investments online or create content for their website.

  • The type of work.

For example, a graphic designer can charge between $30 and $150 per hour. While a virtual assistant usually earns between $15 and $30 per hour.

The annual salary of a developer, software engineer, or other role in the technology sector is also attractive. From $50,000 to $150,000, if not more, although this depends on the company and the level of experience.

Some successful digital nomads can even exceed these ranges. Especially those who work in high-demand industries.

Flexibility and the ability to adapt to various markets and opportunities play a vital role. Not only to maintain your income but also to increase it when living as a digital nomad.

Digital Nomad: Important Aspects to Consider

Although you may find it interesting how much a digital nomad earns, you should carefully consider whether you really want this lifestyle.

So, before venturing into this world, answer questions like these:

  • Are you attracted to the idea of living while traveling and earning money?

  • Do you feel more secure with the structure of a traditional job?

  • Do you want to try the freedom of online work?

  • Are you ready to face everything that being a freelancer or having a business entails?

Reflecting on these issues is essential to make an informed decision.

But that's not all to consider, it's also important:

Organization

Successful digital nomads are quite organized despite enjoying great freedom.

Plan what tasks you will perform daily or weekly and order them by priority. Additionally, it is advisable to define schedules for your daily workdays. That is, establish a schedule according to the amount of workload, but that allows you to enjoy other activities you wish to accomplish.

Training

Do you need to study to be a digital nomad?

Technically, it is not an obligation. However, it wouldn't hurt to pay for courses that provide clarity and direction.

While you can research on your own, you may end up confused.

Passive Income

This is an excellent way to achieve greater financial stability while living as a digital nomad. We are talking about income that is generated automatically, without having to actively manage the business.

This can be achieved through:

  • Digital products. Like writing and selling e-books on platforms or developing and selling online courses on topics you have expertise in.

  • Affiliate marketing. Create content and use affiliate links to earn commissions on sales or promote products on social networks.

You can also design your own website and add advertising to earn clicks, among other options.

Useful Tips for Digital Nomads

Each person is unique, so the tips and advice we present may be useful to you or not.

Still, here they are:

Travel at Your Own Pace

There is no single correct way to be a digital nomad; the point is to find the pace that best suits you.

There are those who spend weeks or months in one place. There are also those who change destinations more frequently.

Take Care of Your Health

Maintaining good health will allow you to be an active and efficient digital nomad, apart from allowing you to enjoy your travels.

Exercise, take breaks, do stretches, and have medical check-ups. It is also important that you manage stress on those days when you have a lot of pressure or workload.

You can try meditation, as it helps calm the mind, reduces stress, and improves the ability to concentrate and focus.

Learn English

While you won't always need to know English to work remotely, it is very convenient if you plan to travel everywhere in the world.

This language will serve you wherever you go, as it is considered the universal language.

Digital Nomad: The Best Payment Method to Charge for Your Work

By this point, you know everything about how to be a digital nomad, except for how you will be paid, right?

Well, DolarApp is one of the best options you have, and for many reasons.

The first and most beneficial is that you can have an account in dollars and another in pesos. You just need to access the app using a device with internet and carry out your transactions from anywhere.

Additionally, you can request an international Mastercard to use wherever you go. With competitive conversion rates when changing your pesos to dollars or vice versa.

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