5 Tax-Free Visas for Digital Nomads in 2024

5 Tax-Free Visas for Digital Nomads in 2024

Working remotely and dreaming of moving to another country? There’s a world of opportunity out there if you know where to look—and, depending on your citizenship, you may not even need to pay any taxes. 

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Digital nomad visas are now available in more than 60 countries around the world, and, for many remote workers, these visas are the easiest way to legally reside in a country if you meet the requirements. Most digital nomad visas offer the chance to stay for up to one year, with many offering the chance to extend your stay if you continue to meet income requirements and pay for your own private medical insurance.

When it comes to choosing the best digital nomad visa, the sweet spot is finding one that also exempts you from paying taxes. After comparing a wide range of digital nomad visas, we’ve identified five digital nomad visas in 2024 that stand out for their appealing combination of beautiful nature, cheap application fees, and, most importantly, zero taxes: Georgia, Anguilla, Bermuda, Croatia, and Costa Rica.  

Anguilla

Have you always wanted to live the island life? Half a world away from Georgia, Anguilla, a British territory in the Caribbean, gives digital nomad visa holders the chance to start their day with a walk on the beach before…doing nothing at all. That’s right, Anguilla has no income requirements and won’t make you pay any taxes while you are on its 12-month digital nomad visa.

All you need to provide is your passport, birth certificate, and a description of the work you will be doing while you are in Anguilla. The one catch? You will need to pay a one-time $2000 entry fee and pay even more if you want to bring family members. The cost of living also isn’t so cheap. Despite the simple visa application requirements, the high fee may be a deal-breaker.

Bermuda

If the costs of applying for the digital nomad visa in Anguilla do not sound so enticing, Bermuda may be your island of choice – especially as it is known for its fast internet speeds.

Although it also has a high cost of living, it has one of the lowest visa application fees in the Caribbean – at only $263. You will need to pay this fee again if you decide to renew your visa after one year. Like Anguilla, Bermuda has no income requirements and won’t make you pay any taxes. You only need to show a clean criminal record, a passport, and proof of employment to enter an educational institution….

Read full article: 5 Visas For Digital Nomads With 0% Tax In 2024

The post “5 Visas For Digital Nomads With 0% Tax In 2024” by Rebecca Gillespie was published on 03/23/2024 by www.travelinglifestyle.net