12 Hacks Digital Nomads Need to Know
Digital nomads make life look easy. They’re able to travel the world while running their own businesses with little more than a laptop and phone.
Think you can do that too? Well, you can if you have the right tools.
Here are eleven of the smartest solutions used by digital nomads to set up and run their location-independent businesses.
Hack 1: Acquire digital residency to become location independent
Digital nomads don’t need or want a fixed residence in any one place. That can make life tricky, especially when it comes to personal and business administration.
Where do you register your business? Where do you open a bank account? What currency do you trade in? How do you get paid? What legal framework will you use? How do you pay taxes?
Well, the small northern European nation of Estonia has a novel solution that is very popular with digital nomads.
The Estonians have developed the world’s most advanced digital infrastructure, yet there is only 1.3 million of them to use it. As a result, they now offer e-Residency so that you can base your business and finances there (inside the European Union) no matter where in the world you live and work.
It’s so useful that increasing number of Brits are even using Estonian e-Residency to beat Brexit.
You can apply for Estonian e-Residency here then you’ll receive a secure digital signature, which makes it easy to manage everything online.