Alina McLeod, a 33-year-old digital nomad from Calgary, transformed her YouTube travel channel into a full-time career, allowing her to live and work in various countries. Based currently in Bulgaria, she emphasizes the importance of understanding tax obligations as a Canadian living abroad. Similarly, Dani Nelson, who relocated to Málaga, Spain, sheds light on her experiences as a digital nomad and the significant cost savings compared to Toronto. Both women highlight the legal and financial considerations that come with this lifestyle, pointing out that many digital nomads are self-employed and must follow residency-based tax laws.
Many people think that if they live outside their home country for long periods of time, they're not liable for taxes there, but that's not necessarily true.
We chose to live in Málaga, Spain, because the cost of living is about 38% less than Toronto. The winters are significantly warmer.
The easiest way for me to do that was to get the youth mobility visa and the working holiday visa, maintaining residential ties to Canada.
Forty million people around the world consider themselves digital nomads, with Canadians accounting for 4% of this figure.
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