MEPs

Digital Nomads Can Thrive In Uncertain Times Too

March 17, 2022 | xpath.global

Digital Nomads: If the last two years have taught us anything, it’s that it can be extremely difficult for those who want a solid and consistent trajectory in their lives, especially financially.

Fortunately, it had been a longstanding trend that more people are working from home computers. This is in order to take advantage of the speed of technological progress.

Given the increased time spent together this year, the findings provided important insights for businesses into how workers are considering family relocations:

  • Workers who are married or in a relationship are more willing to relocate for work during the pandemic. 81 percent of couples willing to relocate compared to 64 percent of singles.
  • Children are a deciding factor as well. Almost 9 out of 10 workers with children (89%) would be willing to physically relocate for work during the pandemic. This is compared to the 65 percent of their child-free counterparts.
  • Almost half (46%) of respondents said they would only relocate for less than six months if separated from their family or partner.

However, more than one-third (36%) said they’d be willing to relocate without their family or partner for more than three years, owing to concerns about how family members will adjust to the move.

Leaving one’s birth country, however, is not something to be taken lightly.

Here are three common characteristics that can lead to greater success and happiness for digital nomads:

  • Recognize that it does not have to be a permanent relocation. You can always return if you believe the grass was not as green as you expected. Alternatively, try a new location with slightly different parameters than what you initially considered “deal-breakers.”
  • Maintain your adaptability and flexibility, especially when it comes to cultural differences. It is critical that you keep what you find positive about your own culture while not judging or imposing it on the people you meet in your new country. Naturally, take note of the differences, but keep in mind that an entire country will not change simply because you showed up. Instead of self-isolating due to unrealistic expectations, this mindset should make it far easier to make the important personal connections that you will require as you try to thrive in your new surroundings.
  • Make sure to increase your budget by at least 20% over your initial projections. Rent can fluctuate quickly based on demand. Food prices can rise quickly, as we have seen. Travel expenses may be higher than anticipated, energy costs, and so on. There is nothing worse than being in a foreign country where you don’t speak the language. And. on top of that, having an emergency that you can’t afford. It’s essential to have backup plans and quick exit strategies.

Source: ussanews.com

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