With immediate lockdowns forcing people to stay indoors, companies realised the immediate cost benefits of remote work. This new normal has made them think of moving to a fully remote work method. This has allowed employees to be a digital nomad who can work from the destination of their choice.
Managing your finances wisely while you move around the world comes with a lot of responsibilities and issues.
As an expatriate, your financial position is often complicated, and you will have to make multiple financial decisions in terms of which bank to open an account with, whether to become a non-resident for tax purposes, where to move your investment account, how to access insurance for best healthcare facilities and more.