Despite the ongoing prominence of return-to-office mandates in headlines, remote work persists, with employees actively seeking ways to combine travel with job commitments. American CNBC website mentions that VisaGuide.World, a comprehensive online resource for global visa information, has assessed countries based on various factors crucial to the digital nomad lifestyle in its Digital Nomad Visa Index.
The ranking criteria encompass availability of active visas, internet speed, taxation policies and tax-free duration, income requirements for visa applications, cost of living in Euros, Global Health Score (GHS) and tourism popularity.
The Digital Nomad Visa Index ranks Romania as top 3, while Spain and Argentina being mentioned on the first two places. UAE, Croatia, Portugal, Uruguay, Malta, Norway, and Andorra are following the top 10.
Romania stands out with its impressive internet speed of 260.97 Mbps, affordable living costs for digital nomads at EUR 539.7 per month, and favorable tax policies—digital nomads enjoy a tax-free first year in the country. Additionally, Romania earns recognition for its growing tourism appeal, securing the 8th position on the list due to its captivating attractions that continue to attract visitors. The platform offers complete information about obtaining visa for Romania and all other states, here.
For this edition, Spain claims the top spot as the premier destination for digital nomads in the coming year, boasting an impressive score of 4.50 out of 5. As of 2023, Spain’s remote work visa enables individuals to reside in the country for up to a year, provided they have a monthly income exceeding EUR2,600 or USD2,750, which is at least double Spain’s minimum wage.
Historically, Portugal has been a favored destination for digital nomads and expatriates. However, it did not secure the top spot in the VisaGuide.World list. Notably, Portugal has unveiled policy changes set to take effect in 2024, which might be perceived as less favorable for digital nomads. These changes include discontinuing the non-habitual resident regime, which granted a 10-year tax reduction to new residents, regardless of nationality.
The entire top is available here.