These countries are also ideal for digital nomads based on other ranking factors: availability of digital nomad visas, safety, Internet speeds, and number of co-working spaces are just a few of the many factors this study took into account.
Check out these top five cheapest countries for digital nomads as of right now:
- Argentina
Argentina is one of the best places to live as a digital nomad. You can enjoy a great quality of living for a very low cost, thanks to the unofficial exchange rate. I just spent over a month in Buenos Aires, the capital of Argentina, and I found it to be one of the best cities for digital nomads.
Beyond Buenos Aires, other popular (and even cheaper) cities in Argentina that are popular with digital nomads include Cordoba and Mendoza.
Living in Argentina, you can also travel to stunning destinations like Iguazu Falls and Patagonia in your free time. Argentina offers a 12-month digital nomad visa requiring an income of $1,400 per month.
- Indonesia
Another country that’s cheap for digital nomads is Indonesia, particularly the island of Bali. This digital nomad hotspot has something from everyone, from the beaches and nightlife of Canggu to the chilled-out vibe of the jungle in Ubud.
Bali now offers 6-month digital nomad visas, perfect for remote workers who want to spend more time beyond the standard 60 days allowed for most foreign visitors.
Although Bali has grown in popularity to the point where it is suffering from overtourism in some areas, it is still a hotspot for digital nomads thanks to its affordable cost of living and beautiful scenery.
- Turkey
For digital nomads who want to be closer to Europe, Turkey is a great choice. This country straddling the border of Europe and Asia is shockingly affordable right now due to the currency exchange rate.
If you enjoy city life, Istanbul is a great place to base yourself as a digital nomad. But if you prefer beaches, there are plenty of fantastic digital nomad destinations like Izmir and Antalya.
Digital nomads can apply for a 12-month visa to live and work in Turkey and only need to demonstrate an income of at least $500 per month.
- Sri Lanka
One of the most affordable countries for digital nomads is Sri Lanka. It regularly ranks highly as a cheap digital nomad hotspot and it’s only continuing to grow in popularity.
Sri Lanka is an island country off the southern coast of India, known for its beaches, delicious food, diverse wildlife, and gorgeous scenery.
Although it’s becoming increasingly popular with digital nomads, Sri Lanka does not yet offer a digital nomad visa — but you can apply for an extended visa to stay for up to 6 months.
- Colombia
Finally, Colombia ranks number one as the cheapest country for digital nomads. This South American nation is currently one of the hottest places for digital nomads to live and work.
Colombia has something for everyone. Medellin, known as the City of Eternal Spring, is one of the most popular destinations for digital nomads, along with Cali, which is known as the salsa and rumba capital of the country. Cartagena and Santa Marta are two other hotspots located on the Caribbean coast.
This country also has one of the easiest digital nomad visas to apply for. You can stay in the country for up to 12 months and only need to have an income of $650 per month.
Source: Travel Off Path
