As the world evolves, countries adapt, leading to shifts in industrial landscapes and the emergence of new real estate investment opportunities. The rise of remote work and digital nomadism has reshaped how we perceive traditional office spaces and real estate, prompting investors to explore locations catering to this growing demographic..
Additionally, globalization and the reach of technology have accelerated the expansion of companies into different markets and localities, further influencing real estate investment trends. Here, we highlight five countries signaling promising avenues for real estate investment amidst this changing paradigm.
Spain:
Spain leads as a top digital nomad destination in 2024, boasting high internet accessibility, a low-income requirement of 2,160 Euros per month, and pleasant weather, appealing to those seeking work-life balance. With the option to extend visas for up to five years, Spain offers stability for establishing roots.
Moreover, with significant investment in technology and ICT surpassing GDP growth, the country’s upward trend in technological investment and business growth fosters job mobility between cities and attracts more companies, making Spain an attractive destination for real estate investment.
Portugal:
Portugal emerges as a top destination for digital nomads, with stunning landscapes, a welcoming atmosphere, and affordable living costs. The government’s investment in high-speed internet infrastructure enhances its appeal, while a vibrant expat community adds to its allure.
Additionally, Portugal’s thriving entrepreneurial ecosystem, especially in sectors like fintech, health tech, and cleantech, offers lucrative investment opportunities. With supportive government incentives, Portugal fosters innovation and presents an attractive environment for investors targeting high-growth companies.
Indonesia (Bali):
Bali’s stunning landscapes offer diverse activities from surfing to exploring rice fields, attracting adventurous remote workers despite the absence of a specific digital nomad visa. Indonesia’s commitment to bolstering its technological ecosystem, highlighted by Microsoft’s $1.7 billion investment, underscores significant growth potential for real estate investment.
Microsoft’s ambitious plan heralds a new era of innovation and growth, making Indonesia an attractive destination for real estate investment.
Croatia:
Croatia, a pioneer in digital nomad visas, has seized the opportunity to bolster its tourism industry by offering extended stays for remote workers. With an income threshold of just under 2,600 Euros per month, Croatia’s stunning coastline and well-established infrastructure cater to nomads seeking both natural beauty and convenience. This combination of factors positions Croatia as a prime candidate for investment, signaling its growth trajectory in the real estate market.
Costa Rica:
Costa Rica, known for its biodiversity and digital nomad-friendly policies, extends its tourist visa to a full-year working visa, with an income threshold of USD 3,000 per month. With abundant working spaces and expat communities, coupled with its natural beauty, Costa Rica remains a top choice for remote workers seeking a blend of work and leisure. Its focus on technology investment and stable business climate make it an appealing destination for real estate investment, signaling growth potential.
The presence of regulations promoting digital nomadism, coupled with technological and business growth, are key insights we prioritize at Homad when selecting cities for investment. These indicators serve as invitations for foreign investment to foster the city’s adaptation to growth.
As remote work continues to flourish, investors have the opportunity to leverage the increasing demand for flexible living spaces and amenities tailored to the needs of remote professionals, thereby creating further real estate investment opportunities.
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