Categories: Finance

Let’s Talk… Foreign Work Visas for Exotic Locations (Bali)!

Let’s Talk… Foreign Work Visas for Exotic Locations (Bali)!

Many of my friends know Bali is my favorite place I’ve ever been to. People are friendly, kind and gracious. There is a sense of peace and calm everywhere you go. We stayed at a resort in Ubud that was in the rainforest and to say this was the trip of a lifetime is an understatement. Well, guess who just came out with a digital nomad visa that is good for 5 years?.. Bali Indonesia. 

Here are a few things to consider when working as a digital nomad in Bali. 

First, you’ll owe no taxes on income earned outside of Bali. You will have to pay taxes in the USA but consult a tax professional with regard to how much an individual can earn if they live as an expat. It’s quite advantageous!

Second, Bali is a really good value. We would go to lunch and get a Tuna steak sandwich, salad and drink for about $4. A 90-minute massage at a parlor next to the restaurant cost about $14. In a world of ever increasing inflation, I’m sure Bali is still a good value proposition. 

Third, they have a really good internet. It goes without saying this is a must and because of all of the digital nomads the island has upgraded its internet capabilities. In 2017 it was perfect and I had no issues. 

Fourth, the only downside is it can be hard to get to. We flew to Hong Kong which was a tiring flight, then continued a few days later to Bali which was a 5 hour flight. 

Lastly, you’ll find a flourishing community of like minded people. I know it’s a popular destination for Australians and if I could, I would do it. For now, I’ll live through my friends who may decide to become digital nomads in Bali.

The opinions voiced in this material are for general information only and not intended to provide specific advice or recommendations for any individual.

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