Current:Home > Invest"Digital nomads" chase thrills by fusing work and foreign travel -Wealth Impact Academy
"Digital nomads" chase thrills by fusing work and foreign travel
View
Date:2025-04-24 15:23:50
When you can work from anywhere, why stay home?
Workers who aren't tethered to an office, who effectively have the ability to bring their jobs with them around the world, are doing just that.
More Americans who aren't keen on working from their kitchens or living rooms are securing temporary visas that give them the freedom to travel and explore, while remaining employed. Portugal is one popular destination for these so-called digital nomads for a number of reasons. It has reliable Wi-Fi access, a low cost of living and close proximity to other European countries, making side trips easy.
After working from home in San Diego, Kendall Lobo, a remote employee for a California-based financial technology firm, quickly realized she could do her job from almost anywhere she wanted.
"I can do the exact same job from a completely different country," she told CBS News foreign correspondent Ramy Inocencio.
Surf's up
Now, Lobo's daily routine includes spending most mornings at the beach, surfing three to four times a week, before she boots up her laptop and reports for duty.
She keeps California hours, which means her workday begins at 3:30 p.m. Lisbon time and ends at 11:00 p.m.
"I have the morning and the whole day to explore, do whatever. And if I'm traveling, then I'll take like a morning flight so that by 3 p.m. I can be working," Lobo said.
There are a few reasons why it made sense to keep working for an American firm while living in Europe, she explained. "The first one was a lot of people didn't want to hire an American because of visa issues. The second was the Portuguese salaries are a lot lower than what I could make with the US job."
Although it took several months, Lobo was able to secure a visa that allows her to live and work in Portugal. Except for her surfboard, she travels light.
"The biggest thing that I own is that surfboard right there, and I brought that blanket also," she said.
"People come and go"
Lobo's cost of living in Lisbon, which includes renting a furnished Airbnb unit, is modest. That leaves room in her budget for travel, which she couldn't afford while living stateside. Her other costs, like public transportation and food, are also lower.
Having only recently moved to Portugal and being new to the community, Lobo acknowledges feeling isolated at times. But it's nice making local and roving friends alike, she said.
"The thing about being a digital nomad is people come and they go, you know, so it kind of depends what you're looking for and like when you connect more in the community, then there's more sense of stability," she said. "Whereas if you're looking for a friend for your next adventure, then maybe the nomad community is better."
How long in one place?
Freelance software engineer David Tan, who lives in Bangkok, Thailand, has long enjoyed the perks of being able to work from anywhere for extended periods of time.
"I think for a lot of nomads, the sweet spot is anywhere from 1 to 3 months," Tan told CBS News.
Since 2019, he's lived in 15 different countries across five continents. Tan said his travels have allowed him to build a personal and professional network that spans the globe.
"If you were to say to me any city, I could tell you someone that's there right now," he said.
- Like working from home? Some companies say enough is enough
- Job seekers still want remote jobs — but these roles are drying up
Tan noticed more people coming to appreciate the perks of lifestyles like his.
"Before the pandemic, I think being a nomad was more of a fringe thing," Tan said. "But I think with COVID, it accelerated everything. It's never been easier to be a nomad just because there's so many services catered to nomads."
Tan also said he spends less in rent — not even $500 a month — than he did when he was living in San Francisco, where he estimates an equivalent unit could cost up to $4,000 per month.
Inequality concerns
Although living abroad can be exciting and fulfilling for digital nomads, an influx of people earning U.S. salaries moving to more affordable cities like Lisbon can drive up prices for local residents, whose pay is typically far lower.
Portuguese labor historian Raquel Varela is concerned about Americans with more buying power exacerbating issues such as housing affordability. She said it's incumbent upon local governments to protect their own citizens while encouraging digital nomads to make temporary homes in their countries, which can benefit local economies.
Overall, she sees the recent infusion of people from different cultures into her country and others as a good thing.
"You want to know other countries, you want to know other people," Varela said. "This is incredibly positive."
veryGood! (44)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Dying ex-doctor serving life for murder may soon be free after a conditional pardon and 2-year wait
- Republicans Ted Cruz and Katie Britt introduce bill to protect IVF access
- Jennifer Garner Breaks Down in Tears Over Her and Ben Affleck's Daughter Violet Graduating School
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- New York’s high court upholds requiring insurance to cover medically necessary abortions
- Run, Don’t Walk to Zappos' Memorial Day Shoe Sale, Including Hoka, Birkenstocks & More Up to 70% off
- 'People of the wrong race': Citi hit with racial discrimination lawsuit over ATM fees
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Former Florida Gators, Red Sox baseball star arrested in Jacksonville child sex sting
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Don't want your Hinge or banking app visible: Here's how to hide an app on iPhone
- OpenAI disables ChatGPT voice that sounds like Scarlett Johansson
- Former Florida signee Jaden Rashada sues coach Billy Napier and others over failed $14M NIL deal
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- How Taylor Swift Inspired Charlie Puth to Be a Bigger Artist IRL
- Progressive prosecutor in Portland, Oregon, seeks to fend off tough-on-crime challenger in DA race
- More companies offer on-site child care. Parents love the convenience, but is it a long-term fix?
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Cristiano Ronaldo, 39, to play for Portugal in his sixth UEFA Euro Championship
Arizona grad student accused of killing professor in 2022 had planned the crime, prosecutor says
Ex-Cowboys QB Tony Romo plays round of golf with former President Donald Trump in Dallas
Meta releases AI model to enhance Metaverse experience
Matthew Perry’s Death Still Being Investigated By Authorities Over Ketamine Source
The Skinny Confidential Just Launched A Mini Version Of Its Cult-Fave Ice Roller, & We're Obsessed
Carvings on Reese's packaging aren't on actual chocolates, consumer lawsuit claims