This is really interesting - I wonder if, in our post-COVID world, we'll see other countries doing the same. I'm trying to see any disadvantages for countries that do this, but the only thing I came up with is the possibility of distorting local rental prices. But presumably if enough countries offered such a visa, applicants would be spread over those countries, causing less distortion.
I would love to work remotely from Europe. I would think it would be in the interest of European countries to make this kind of arrangement because I would be spending my cushy US salary on European goods and services and not taking a job away from a European.
Barbados introduces plan to allow visitors to work remotely there for a year
131–140 of 170 posts
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#132Georgia just introduced something similar: https://agenda.ge/en/news/2020/2654
Do they have a health insurance option? That’s a big issue for international travel with the pandemic.
I do not necessarily personally recommend it but I know Safetywing is a popular choice for nomads and officially covers Covid. Otherwise you can look at either your countries of citizenship or residency that have international health insurance. IMO it makes sense to get an insurance from the country you would like to get repatriate to if you get in a very bad condition.
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#133Earlier quoted context omitted.
I would love to work remotely from Europe. I would think it would be in the interest of European countries to make this kind of arrangement because I would be spending my cushy US salary on European goods and services and not taking a job away from a European.
I worked remotely from Europe for about two months last year, and spent a few weeks in Spain. I just got a travel visa. It didn't even occur to me that it would be an issue. I think they're more worried about you overstaying your visa than working on your laptop. Just make sure you have a return ticket, or a train ticket out of every country you visit. I got grilled by the immigration guy in Ireland because I bought…
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#134Earlier quoted context omitted.
Many countries have laws so that if you are a resident there you also pay taxes there. They may also have agreements with other countries in order to avoid double taxation. But I'm fairly certain that barring any weird legal setup living in a country for a year means you pay the income taxes (at least) in that particular country.
I don't think you would pay tax in this scenario, as essentially this is just a longer-term tourist visa. You won't be allowed to get a job locally and are expected to work remote. There's no way they could track (and tax) this; it's really no different than doing some work on your 2-week Mexico vacation. Also Americans pay tax based on citizenship too.
As always the devil's in the details. A 2 week vacation will incur far fewer expenses on the host state and its citizens than a 1 year stay, while probably bringing in more money. A tourist stays at hotels, rents cars, dishes out for all the tourist attractions and baubles, eats out every meal, etc. Very little competition with locals for the same resources. A quasi-local is a different story, competing from a privileged position with locals on everything but jobs. So while both visas are time limited there's no real comparison between them. The profiles of the two types of stay are very different.
The fiscal residence usually revolves around the centre of vital interests or the habitual abode. Both would be the place you live in rather than the place your employer lives.
I don't know what the details of the implementation are but I'm guessing that if this type of setup catches up it's unlikely it will always be treated as tourist-like without making life worse for the less well off residents.
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#135This is really interesting - I wonder if, in our post-COVID world, we'll see other countries doing the same. I'm trying to see any disadvantages for countries that do this, but the only thing I came up with is the possibility of distorting local rental prices. But presumably if enough countries offered such a visa, applicants would be spread over those countries, causing less distortion.
I'm trying to see any disadvantages for countries that do this
One unintended consequence could be that while a country might get some foreign citizen remote workers, it would decrease the remote working opportunities of their own citizens.E.g Spain might think "we'll get Americans to move here and do their U.S jobs" but what they actually get is, for example, Moroccans getting U.S jobs from Spain and more less chances of Spanish citizens getting U.S jobs.
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#136Earlier quoted context omitted.
This shouldn't just be for the remotely employed. We need to do more decouple freedom of movement from employment by a company. Perhaps there should be something like this: An International Creative or Digital Visa that countries can sign onto. This proposal is a good start for what it should be: http://artsvisa.org/ireland/ Have something to contribute. Be able to support yourself. Don't compete for an in country jo…
> Have something to contribute. Be able to support yourself. Don't compete for an in country job and any country should welcome your residence/citizenship. I think agree with this, but I'm not sure what this looks like apart from "remote employment". How do you not compete for an in-country job without being employed remotely? Even if you're a self-employed plumber, for example, you're still competing for a job in yo…
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#137Earlier quoted context omitted.
Many countries have laws so that if you are a resident there you also pay taxes there. They may also have agreements with other countries in order to avoid double taxation. But I'm fairly certain that barring any weird legal setup living in a country for a year means you pay the income taxes (at least) in that particular country.
I don't think you would pay tax in this scenario, as essentially this is just a longer-term tourist visa. You won't be allowed to get a job locally and are expected to work remote. There's no way they could track (and tax) this; it's really no different than doing some work on your 2-week Mexico vacation. Also Americans pay tax based on citizenship too.
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#138Earlier quoted context omitted.
I would love to work remotely from Europe. I would think it would be in the interest of European countries to make this kind of arrangement because I would be spending my cushy US salary on European goods and services and not taking a job away from a European.
I had the same idea 10 years ago and I'm still here after marrying one of the natives. But be warned, working remotely in Europe can be difficult. I'm 7 hours ahead of my coworkers in America, so my workday is roughly 1pm to 9pm, with continual slack messages coming in until midnight at times.
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#139Earlier quoted context omitted.
I would love to work remotely from Europe. I would think it would be in the interest of European countries to make this kind of arrangement because I would be spending my cushy US salary on European goods and services and not taking a job away from a European.
There are some rumors that indicate the Canary Islands will set up some remote worker deal. It'd be great as they have low tax, great weather and nice infrastructure including really nice Internet.
It’s location is almost perfect for Americans and real estate seems cheap too. Even with cushy developer salary NZ real estate cost is way too burdensome.
Re: Barbados introduces plan to allow visitors to work remotely there for a year
#140"Digital nomad visas" are starting to become more common as countries realise they bring in low impact wealthy online based 'tourists.' Currently, it's very possible to travel on a 3-6 month basis between countries under tourist visas and to work remotely in a somewhat illegal fashion. These nomad visas are an attempt to capture that market offering legitimacy for a fee. Unfortunately, Barbados hasn't really hit the…