surge is forecast to continue in 2022
Available data indicates that there are about 40 million digital nomads worldwide, most of whom are from the United States. And according to a Moneyzine data analysis, 34% of global digital nomads earn $50k-$100k per year.
Additionally, about 7 percent of the digital nomad community earned less than 25,000 U.S. dollars annually. 33% of digital nomads worldwide had an income level between 100,000 and 250,000 U.S. dollars per year.
CEO of Moneyzine, Jonathan Merry, says, “Thanks to the internet, there’s now no reason to be stuck at a desk job and tied down in one place. Remote workers-including digital nomads-are more productive.
They have fewer distractions and interruptions and can focus better when disconnected from the office. In addition, some digital nomads earn more than others because they have a larger following and focus on higher-paying freelance projects and certifications.”
Are digital nomads more productive?
Digital Nomads are a new breed of wanderlusters with specific skills: the ability to work remotely, travel the world, and thrive on adventure. Remote work is growing rapidly as companies realize how much more productive their employees are when they’re not stuck in an office.
Working remotely has also become more appealing for many millennials as employers offer more flexible working arrangements.
What are the biggest challenges for digital nomads?
While working as a digital nomad allows people to work from anywhere in the world, it has some downsides.
First, it’s unlikely that you’ll be able to take a traditional vacation even if you want to. So you must learn to take breaks in new, interesting ways while still being productive.
Also, your social life could suffer since you won’t have coworkers nearby whom you can meet up with for drinks after work or lunch every day after a Skype meeting.
Still, the concept of digital nomadism is picking up momentum in the world today. The good news is that digital nomads may be able to earn more than they would if they lived in one place and had a regular job.
Read the full story here: 34% of global digital nomads earn $50k-$100k per year
