Designed as a utopia for remote workers, and located on the Portuguese archipelago of Madeira, the world’s first official digital nomad village offers free workspace and wifi for those staying a month or more.
Following eight months of uncertainty thanks to Covid, the British Virgin Islands (BVI) is the latest nation to announce investor visa programmes aimed at replacing lost tourism dollars. Both the proposed Invest-and-Stay and In-Stay programmes will provide foreigners with residency/remote working visas in exchange for investment.
The pandemic has brought with it the opportunity to work remotely and the desire to reside somewhere pandemic-free. And with tourism-dependent countries desperate to replace lost dollars, a flood of digital nomad visa programmes has hit the market in recent months, extending the portfolio of opportunities offered by the global citizenship and residency by investment industry.
In July 2020, the tourism-reliant Caribbean island of Barbados unveiled a 12-month visa to attract remote workers, and then in September, announced its intention to become a republic next year. With the pandemic having hit its tourism sector hard, could Barbados be revisit its plan from 2016 to launch a citizenship by investment programme?
As Dominica continues to build its luxury hotel eco-tourism sector and prioritises the building of its international airport, much of this funded by its successful Citizenship by Investment Programme, Caribbean Airlines begins regular flights for the first time between Barbados and Dominica, with four flights per week to run by mid-October.