By Tyler Durden
A digital nomad visa allows individuals to live and work remotely in a foreign country for an extended period, usually six months to a year. It’s often accessible to self-employed or remote workers employed by entities outside the host country.
This graphic, via Visual Capitalist’s Bruno Venditti, shows the countries that offer digital nomad visas as of May 2024.
The data comes from various visa programs around the world and was compiled by CNBC.
Dozens of Options to Work Abroad
Over 40 countries offer digital nomad visas.
Mexico and El Salvador offer the longest visas, with a duration of four years. In El Salvador, however, the worker has to apply for an extension to obtain the maximum length of stay.
Iceland, with a minimum income requirement of $85,000 per individual per year, and Belize, with a requirement of $75,000 per individual per year, have the highest minimum income requirements for digital nomads.
The most common length of stay is one year. This range includes sunny locations like The Bahamas and Bermuda, as well as countries with large economies like Italy and Brazil.
Many countries, like South Korea, Spain, and Portugal, offer a shorter period of stay (one year or less) but allow workers to renew their visas.
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Source: ZeroHedge
Image: Pixabay