Where in the world are you working?
The rise of digital nomads not only impacts individuals and their well-being but also carries significant socioeconomic implications for their host countries. For example, Tulsa, Oklahoma launched The Tulsa Remote program in 2018, enticing remote workers with a $10,000 relocation incentive. Three years later, a study by the Economic Innovation Group found that every dollar invested in the Tulsa program resulted in $13.77 of local labor income. In 2021 alone, the program injected $62 million into Tulsa's economy.
In the Philippines, House Bill 8165, known as The Digital Nomad Act, aims to attract remote workers to stimulate the country's economy. However, if an influx of foreign workers occurs, the Philippines faces challenges due to less robust connectivity infrastructure and slower internet speeds compared to other countries.
Could the Philippines become a top digital nomad destination? Beyond improving internet connectivity, what other areas should we focus on enhancing?
Credits
Carlo Chen-Delantar Team Lead
Annika Herico Researcher
Agnes Boncodin Creatives