Digital Nomad
Currency Planner
Typically Used For:
Digital Nomad Budget Calculator
Popular Digital Nomad Destinations
🇹🇭 Thailand
Tropical paradise, low cost
Budget: $800-1,500/month | Visa: Tourist/ED
🇵🇹 Portugal
European charm, great weather
Budget: $1,200-2,500/month | Visa: D7/NHR
🇲🇽 Mexico
Close to US, vibrant culture
Budget: $700-1,800/month | Visa: Tourist/Temporary
🇨🇴 Colombia
Affordable, diverse landscapes
Budget: $600-1,400/month | Visa: Tourist/M
🇮🇩 Indonesia
Island life, very affordable
Budget: $500-1,200/month | Visa: B211/B213
🇻🇳 Vietnam
Amazing food, low cost
Budget: $400-1,000/month | Visa: Tourist/DT
Typically Used For:
💼 Remote Work Setup
Reliable Internet
Research internet speeds and backup options. Consider portable WiFi devices and local SIM cards for redundancy.
Workspace Options
Explore coworking spaces, cafes, and accommodation with dedicated work areas. Factor costs into your budget.
Time Zone Management
Plan your location based on client time zones and meeting schedules. Consider overlap hours for collaboration.
🏦 Financial Management
Multi-Currency Banking
Use digital banks like Wise, Revolut, or N26 for low-fee international transactions and currency exchange.
Tax Planning
Understand tax obligations in your home country and destination. Consider foreign earned income exclusions.
Emergency Fund
Maintain 3-6 months of expenses in easily accessible accounts for unexpected situations or travel changes.
Nomad Destination Cost Comparison
Accommodation
Monthly housing costs
Bangkok: $300-800
Lisbon: $600-1,200
Mexico City: $400-900
Food & Dining
Monthly food expenses
Chiang Mai: $150-400
Porto: $250-600
Medellín: $200-500
Transportation
Local transport costs
Ho Chi Minh: $30-80
Barcelona: $60-120
Playa del Carmen: $40-100
Visa & Legal Considerations for Digital Nomads
Tourist Visas
Most countries allow 30-90 days on tourist visas. Perfect for short-term stays and destination testing. Some countries offer visa-free entry for certain nationalities.
Typical Duration: 30-90 days | Extensions: Often possible | Work Restrictions: Technically not allowed
Digital Nomad Visas
Growing number of countries offer specific digital nomad visas for remote workers. These typically require proof of income and allow longer stays with work permissions.
Examples: Estonia, Barbados, Dubai, Portugal | Duration: 6-24 months | Income Requirements: $2,000-5,000/month
Tax Residency
Tax residency rules vary by country and can be triggered by physical presence, economic ties, or other factors. Plan your movements to optimize tax obligations.
Common Triggers: 183+ days, economic center, permanent home | Planning: Track days, maintain records
Health Insurance
International health insurance is essential for nomads. Consider coverage for emergency evacuation, routine care, and pre-existing conditions across multiple countries.
Options: Nomad-specific plans, international coverage, local insurance | Cost: $50-300/month