Month: October 2019

Credit Card and Banking Recommendations For Digital Nomads – Chapter 7

This is chapter 7 of a 15 part series about digital nomading and location independence. To see all of the other chapters, click here! There are four cards you need: An ATM card that doesn’t have ATM fees or international transaction fees (Charles Schwab is the most popular option and my personal choice) A credit card without foreign transaction fees (here’s a list of options) A backup ATM card stored separately A backup credit card stored separately Backup cards are critical because you will lose a card or two at some point. Getting stuck without money or access to money...

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How To Handle Cell Phone Plans As A Digital Nomad – Chapter 6

This is chapter 6 of a 15 part series about digital nomading and location independence. To see all of the other chapters, click here! There are two phone plan options when you’re traveling: use a home country plan abroad or buy a new plan in every country. My Recommendation: It will be much cheaper to ditch your home country plan and buy a SIM card in each country. Plus, you’re likely to have faster data than if you bring your domestic plan abroad. Here’s how to do this: Make sure you have an unlocked phone Without an unlocked phone,...

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How To Handle Taxes As A Digital Nomad – Chapter 5

This is chapter 5 of a 15 part series about digital nomading and location independence. To see all of the other chapters, click here! For Non-Americans If you’re not American, I recommend speaking with an expat tax lawyer in your country or hunting for information on Google. I couldn’t find a great guide for non-Americans – maybe I’ll create one in the future. 🤷‍♂️ For Americans The United States is one of the few countries that taxes non-resident citizens. This means even if you’re not in the U.S., you have to pay normal U.S. taxes unless you qualify for a...

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How To Handle Health & Travel Insurance While Digital Nomading – Chapter 4

This is chapter 4 of a 15 part series about digital nomading and location independence. To see all of the other chapters, click here! Traveling without health or travel insurance is risky for obvious reasons. Since travel insurance prices start at only $40/month, there isn’t a good reason to nomad without insurance. When nomading, you have two basic options: travel insurance or international health insurance. Travel Insurance vs. International Health Insurance for Digital Nomads Travel insurance is much cheaper, but it only covers emergency medical assistance. Also, there are restrictions on U.S. coverage if you’re American. It does cover...

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Digital Nomading Solo vs. With A Remote Travel Program (+ The Most Popular Programs) – Chapter 3

This is chapter 3 of a 15 part series about digital nomading and location independence. To see all of the other chapters, click here! Traveling Solo vs. With A Group Traveling solo or with a group is one of the most important decisions to make before beginning your journey. This isn’t only a lifestyle decision; it also has major financial implications. I love the adventure of traveling solo and couldn’t imagine giving up that freedom. But I’ve met plenty of people who crave community and prefer group travel. It’s a matter of preference. What is a “remote travel program”?...

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How to Make Money From Anywhere (Digital Nomading / Location Independence) – Chapter 2

This is chapter 2 of a 15 part series about digital nomading and location independence. To see all of the other chapters, click here! It might seem shocking, but you can travel the world on $1,500/month or less, which means you only need to make a fraction of a Western salary to live a great life abroad. Making $2,000 per month or more online is much easier than most people realize. Here are six ways to make money from anywhere in the world. 1. Get a Remote Job Difficulty Level: Easy Contrary to popular belief, you don’t have to...

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