How much are the usual earnings of a digital nomad? (aka how much are you making?)
I feel most earn only $1000 to $2000 and spend it ALL on travelling. I don’t think thats mentally and financially sustainable.
How much are the usual earnings of a digital nomad? (aka how much are you making?)
I feel most earn only $1000 to $2000 and spend it ALL on travelling. I don’t think thats mentally and financially sustainable.
My day job is a fully remote middle management finance role at an American insurance co and my total comp is over $250K (10-15 YoE). I also own a portfolio of websites in the travel/lifestyle niche with EBITDA approaching 5 figures/month. Def not ready to quit my day job but hopefully there soon!
I’m not sure what the usual DN makes but many who I’ve talked to about finances have multiple sources of income or some level of self-employment income, so I’ve always felt like DNs do pretty well on average.
Oh and I’m also paying a stupid amount of taxes to the US gov’t even though I’m hardly in the states at all. However, DN is a must for me… I’m in my mid-30s and want to settle down, but I don’t like American women so I’m traveling around Asia trying to find a wife lol
On the tax burden, are you taking FEIE?
No, I have a US address (in a zero income tax state) that is my address for tax purposes. None of my income is foreign so it doesn’t make sense for me to take FEIE. I would get audited so hard lol