Great topic you’ve brought up, Nika. Congratulations!
So, to be honest, it depends on what you’re looking for. If you want to work and be completely surrounded by interesting people and digital nomads, then it’s best to be in those digital hubs. In that sense, I’d definitely say Europe, especially Portugal, Spain, etc. Lisbon and Barcelona are amazing places. Of course, there are smaller local hubs too, like the one we know in Bulgaria—Bansko.
However, I wouldn’t recommend Estonia, simply because it’s an extremely cold country, and the activities you can do there are quite limited. Not a lot of digitals nomads as well. In that respect, southern countries offer far more opportunities for entertainment. Now, in Thailand and Indonesia, there’s been a huge concentration of digital nomads, so those are also great options for working.
But if it’s about where to register a company, great options in Europe are Cyprus, Bulgaria, and Malta. The best option, from what friends of mine who run Amazon businesses worth tens of millions have told me, is definitely Cyprus. So, Cyprus is my favorite. The tax advantages are amazing.
@byalexai Alex, you are the only one mentioned about Bansko and I luckily happened to be there. It’s def a hidden gem, but in terms of EU, I feel like Austria is a great option. Ofc Portugal has been the capital of nomad…
Asia wise, Indonesia and Thailand def offer the economical advantages, but if I can choose, I’d go with Japan hehe best food, clean, safe everywhere you go.(yon don’t need to be worried about get robbed or scammed easily
@byalexai But what about Estonian taxes? What about to locate your company here to have benefits? + When you want to register company in Bulgaria, do you need to be present there over 180 days in a year?
@byalexai@kellyann3644 The thing/idea is to place the company somewhere but usually, it means you need to pay their social care and health care instalments tho I want to be physically elsewhere but do not want to pay social and health care fees duplicity for 2 or 3 countries :D