Digital Nomad Visas May End Up Being a Bureaucratic Hell for Big Companies
Photo Credit: Ion Adventure Hotel in Iceland. Unsplash / Roan Lavery
Skift Take
There's momentum building to make remote work a reality at some of the more progressive multinational companies, but the question of travel policies and tax liabilities could prove too much of a headache.
Countries dependent on tourism wasted little time in promoting themselves as ideal destinations for the new wave of companies with work-from-anywhere policies. But their calls are likely to go unanswered by bigger companies, despite their media-friendly announcements they've embraced this brave new world.
Sunnier climes including several Caribbean islands and Dubai, as well as countries like Iceland, Estonia and Georgia, launched dedicated "digital nomad visas" to stimulate local economies during the pandemic.
They're targeting "knowledge workers," as well as freelancers who traditionally fall into the nomadic bracket, with longer stays of up to two years in some cases.
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Paradise comes with strings attached in the form of a salary threshold (or healthy bank balance), plus proof of employment and medical insurance. Iceland, for example, requires a minimum monthly pay of a
