How Much Do Digital Nomads Make?

how-much-do-digital-nomads-make

[[p]][[strong]]We&rsquo;ve looked at [[/strong]][[a href="https://digitalmarketinginstitute.com/blog/looking-for-digital-nomad-jobs-here-are-some-top-tips" target="_blank"]][[strong]]how you can land rewarding digital nomad jobs[[/strong]][[/a]][[strong]]&nbsp;and talked about the importance of establishing your niche. Now we&rsquo;re going to talk about money.[[/strong]][[/p]]

[[p]]How much do digital nomads make? If you&rsquo;re looking to branch out and embrace the life of a globe-trotting freelancer, the amount you&rsquo;re likely to earn is probably one of your most burning questions.[[/p]]

[[p]]While some might say the answer is, &ldquo;how long is a piece of string?&rdquo;, there is fairly solid information on digital nomad income ranges&mdash;and we&rsquo;re going to explore them right now.[[/p]]

[[p]]Here we go.[[/p]]

[[p]]First of all, it&rsquo;s worth noting that [[a href="https://www.projectuntethered.com/digital-nomad-statistics/#:~:text=How%20Much%20Do%20Digital%20Nomads%20Earn%3F%20A%20Flexjobs,digital%20nomads%20are%20on%20the%20rise.%206%2C%207" target="_blank"]]49% of digital nomads[[/a]] make a higher income than they did when working a more traditional taxed-as-you-go job. And, the same study suggests that 81% of digital nomads are satisfied with their professional situation.[[/p]]

[[p]][[em]]Contentment is a driving factor[[/em]] in how much you can make as a digital nomad because if you&rsquo;re happy and motivated, you&rsquo;re likely to remain productive as well as proactive, and land better clients.[[/p]]

[[p]]We know that if you set off on your digital nomad journey with care and consistency, you&rsquo;re likely to be satisfied and earn a decent income. But, what about the hard numbers?[[/p]]

[[p]]Studies suggest that one in five digital nomads make between USD[[a href="https://www.flexjobs.com/blog/post/flexjobs-digital-nomad-survey-insights-remote-lifestyle/" target="_blank"]]50,000 and $99,000 per year[[/a]] once they&rsquo;re up and running. Plus, remote workers in general can expect to make an average rate of between $10 and $30 per hour.[[/p]]

[[p]]Also, digital nomads in the marketing field generally make between [[a href="https://www.sdcinternationalshipping.com/unbelievable-stats-about-digital-nomads/" target="_blank"]]$40,000 and $99 per year[[/a]].&nbsp; Not a terrible income by any stretch[[/p]]

[[p]]Another interesting discovery is the fact that &lsquo;digital nomadism&rsquo; is helping to close the gender pay gap and (rightly) even the professional playing field.[[/p]]

[[p]]In fact, around [[a href="https://remote.co/remote-companies-have-more-women-leaders-these-are-hiring/" target="_blank"]]30% of fully remote businesses[[/a]] have either women CEOs, founders, or leaders,&nbsp; compared to a mere 5.2% of female CEOs in traditional workplaces. A solid step in the right direction.[[/p]]

[[p]]As [[em]]digital nomading[[/em]] is remote by nature, breaking down digital nomad incomes according to country isn&rsquo;t a clear-cut process.[[/p]]

[[p]]But, it is possible to understand where you can thrive as a digital nomad by looking at a range of factors.[[/p]]

[[p]]For example, if you&rsquo;re working as a digital nomad in a nation that is not only equipped with a reliable WiFi infrastructure, is a rewarding place to live, offers a wealth of networking opportunities, and has a reasonable cost of living, you&rsquo;re going to thrive. And, of course, if the opposite is true, well then you won&rsquo;t.[[/p]]

[[p]]Forward-thinking nations like Canada, Australia, [[a href="https://kiwisprout.nz/post/working-remotely-the-full-guide-for-new-zealand-businesses" target="_blank"]]New Zealand[[/a]] and the UK now offer digital nomad visas that allow successful applicants (for a fee of usually between [[a href="https://www.clubmed.co.uk/l/blog/digital-nomad-index" target="_blank"]]$60 and $5,000[[/a]]) to work remotely for a decent length of time, in some cases, without paying income tax.[[/p]]

[[p]]Countries that embrace digital nomadism are likely to be more lucrative for traveling freelancers as making a living in these places will ultimately be easier.[[/p]]

[[p]]Now, an extensive study from ClubMed&mdash;officially known as the [[a href="https://www.clubmed.co.uk/l/blog/digital-nomad-index" target="_blank"]]digital nomad index[[/a]]&mdash;ranks a number of nations based on factors including&nbsp; temperature, internet quality, opportunities, and cost of living.[[/p]]

[[p]]These nations have been bestowed with a digital nomad index score. According to the results, here are the top 10 places to work as a digital nomad.[[/p]]

[[p]]If you&rsquo;re thinking about branching out as a digital nomad, you might want to consider these countries due to their amenable costs of living, outstanding landscapes, and reliable internet speeds.[[/p]]

[[p]]They may serve as good places to start while you&#39;re establishing yourself by giving you the breathing space to incrementally increase your income without the worry of draining your budget.[[/p]]

[[p]]Digital nomadism is clearly a rewarding, well-compensated, and most importantly, increasingly equal, means of making a living. You can experience living among different cultures while you&rsquo;re working, too.[[/p]]

[[p]]When considering the question, &lsquo;how much do digital nomads make?&rsquo;&mdash;income ranges and numbers are important&mdash;and in this case, the numbers look good. But, it&rsquo;s equally vital to consider your satisfaction, wellbeing, and progression when thinking about how much you can earn as a globe-trotting freelancer.[[/p]]

[[p]]In addition to choosing rewarding, amenable countries to work in, how you approach your career will also have an impact on your income and growth.[[/p]]

[[p]]One of the best ways to thrive as a digital nomad and earn the top end of the income scale is to continually upskill yourself. By adapting to the ever-changing landscape around you and taking the time to hone your digital marketing competencies, you will become more confident, more confident, and more employable.[[/p]]

[[p]]Gaining niche [[a href="http://digitalmarketinginstitute.com/blog/7-essential-skills-every-digital-marketer-should-know" target="_blank"]]digital marketing skills[[/a]] and qualifications as you travel will push you ahead of the pack, empowering you to command more for your time. It&rsquo;s this mindset that will ensure you earn near $99,000 (adventure permitting) in the end.[[/p]]

Life is either a daring adventure or nothing.

[[p]]We wish the very best of luck and to gain the skills you need to be a successful globe-wandering digital nomad, explore the many [[a href="https://digitalmarketinginstitute.com/students/courses" target="_blank"]]specialist digital marketing courses we have to offer[[/a]].[[/p]]

How Much Do Digital Nomads Make?

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