euronews.com
Scotland: A Haven for Digital Nomads
Scotland's appeal to digital nomads is growing due to its slower pace of life, quality of life, affordability, and reliable infrastructure. The article explores the cost of living, visa requirements, and the emerging trend of 'slomading'.
English
United States
European UnionLifestyleUkFinanceTravelVisaDigital Nomad
MoneyfarmCanva
Jessy HamelTim Ferriss
- How geo-arbitrage works
- Geo-arbitrage is maximizing purchasing power by earning income in a strong currency while living in a location with a lower cost of living. This strategy helps maximize savings and is a popular component of the FIRE (Financial Independence, Retire Early) movement.
- Where to stay in Scotland?
- Choosing between Edinburgh and Glasgow depends on preference. Edinburgh offers a bustling urban environment with convenient amenities and transport, while Glasgow provides a similar experience at a slightly lower cost of living (9.9% cheaper than Edinburgh).
- What exactly is ‘slomading?’
- Slomading is a slower style of digital nomadism, focusing on extended stays in one location to immerse in local culture and community, offering a more balanced experience compared to the frequent moves of traditional digital nomadism.
- How to navigate the UK visa process
- EU and US citizens can stay in the UK for up to six months without a visa. Those staying longer need a visa like the Long Term Standard Visitor visa. Starting in 2025, an ETA will be required for US and EU citizens.
- What is the cost of living in the UK for digital nomads?
- While the UK isn't typically considered low-cost, especially for those paid in USD, Scotland offers more affordable options compared to London. Moneyfarm suggests £2,500/month for comfortable living, including savings, with rent in suburban/rural areas averaging £840/month.