Since the pandemic hit in 2020 more and more businesses have changed to an online culture giving an even larger number of individuals greater freedom to work from home or even to be based abroad. With the world now opening up digital nomads now have the freedom to travel freely and to work from anywhere in the world!
Portugal has been voted one of the top destinations for digital nomads and it’s easy to see why.
The Algarve offers all-year-round sunshine, a laid-back lifestyle, fantastic leisure opportunities and affordable living. Because of this it’s becoming increasingly popular with those working remotely.
There are plenty of short-term rentals available meaning you can do some exploring and experience different parts of the Algarve whilst striking an excellent work/life balance.
For those who enjoy the more social side there are co-working spaces across the Algarve including Centro and The Office in Lagos, Alandra Square in Faro and Cowork Mucancas in Loulé.
Portugal is also a popular choice for online entrepreneurs investing in cryptocurrency as it is tax-free.
The non-habitual residency scheme is also an appealing option to online business owners. The scheme offers tax benefits to individuals residing in Portugal subject to meeting the relevant criteria.
Ideal Homes Rentals offers a selection of short-term rentals across the Algarve perfect for digital nomads:
For assistance contact the team and come join us in the sunshine!
+351 289 513 424 | 1 800 938 850