Romania is in Top 3 Digital Nomad Visas in the World
According to the recently posted Digital Nomad Index, a ranking system that evaluates countries worldwide based on factors crucial to digital nomads, Romania came 3rd amongst 38 countries.
Spain is the top country for digital nomads, according to the VisaGuide Digital Nomad Index, with a score of 4.50. It is followed by Argentina in the 2nd place with a score of 3.72. Romania, United Arab Emirates and Croatia are ranked 3rd, 4th and 5th respectively to complete the top five list of the best countries for Digital Nomads.
The Digital Nomad Index includes six essential categories
1. Internet Speed: It’s the connection that empowers remote work, virtual meetings, and staying in touch with clients and colleagues worldwide.
2. Taxation: Taxation plays a crucial role in the financial well-being of digital nomads. Lower tax rates are attractive for those seeking to maximize their income.
3. Tax-free Policy: A country’s tax-free policy is another factor for digital nomads. A more extended tax-free policy period can significantly raise the benefits of their income.
4. Income amount: Minimum monthly income requirements are important for people seeking a digital nomad visa.
5. Cost of Living: Affordable living expenses mean that digital nomads can enjoy a high quality of life while managing more effectively and stressing less about their finances.
6. Tourism Popularity: Countries with high tourism appeal to digital nomads seeking adventure, cultural experiences, and a strong sense of community.
7. Healthcare: Access to quality healthcare is a crucial consideration for digital nomads.
These seven vital categories serve as the pillars of the Digital Nomad Index, helping people make informed decisions about their ideal work and travel destinations.
Top 5 Digital Nomad Visas in the World:
1. Spain (Score 4.5)
2. Argentina (Score 3.78)
3. Romania (Score 3.74)
4. UAE (Score 3.65)
5. Croatia (Score 3.62)
A detailed breakdown, here.
Photo by CALIN STAN