Best countries for digital nomads – and how to manage currency like a local 

In a world which is increasingly being shaped by remote employment, working from a sun-soaked terrace in Europe, a beachside hut in Asia or a buzzing café in South America has shifted from fantasy to reality. 

But while the freedom is unmatched, navigating different currencies and financial systems can be complex.  

Where are digital nomads heading in 2025? 

Today’s remote workers aren’t just looking for fast Wi-Fi. They’re also seeking affordability, cultural richness, and visa-friendly locations. Here are five top choices for digital nomads this year: 

1. Colombia

With its vibrant culture, warm climate, and low cost of living, Colombia is fast becoming a favourite for digital nomads. Medellín, in particular, stands out for its spring-like weather year-round, modern amenities, and rapidly growing expat community. Colombia has also launched a digital nomad visa that allows remote workers to live in the country for up to two years, making it a flexible and exciting option in South America. 

2. Vietnam 

Vietnam is quickly climbing the ranks of remote work destinations. With a rapidly developing infrastructure, low cost of living, and lively cities such as Ho Chi Minh City and Hanoi, it’s a fantastic option for freelancers and entrepreneurs alike. The country is also incredibly scenic, offering weekend getaways from the mountains to the coast. 

3. Indonesia 

Bali has long been a staple on the digital nomad trail, and for good reason. Affordable accommodation, a strong sense of community and inspiring natural beauty make it a top choice. Indonesia is also launching a dedicated digital nomad visa, making it easier than ever to stay there long-term. 

4. Portugal 

With its mild climate, relaxed pace of life, and strong expat communities, Portugal continues to rank high among digital nomads. Lisbon and Porto are hotspots thanks to excellent infrastructure, great food, and relatively low living costs. Plus, the country’s digital nomad visa, introduced in 2022, makes long-term stays straightforward for non-EU nationals. 

5. Thailand 

Thailand remains a magnet for location-independent professionals. From cosmopolitan Bangkok to the chilled-out atmosphere of Chiang Mai, you’ll find coworking hubs, thriving communities, and cost-effective living. The welcoming culture and stunning landscapes are also a huge bonus. 

Mastering money overseas 

While changing your home base can be exciting, dealing with finances across borders can add complexity. From currency conversion fees to fluctuating exchange rates, these issues can quietly eat into your income if you’re not careful. Here’s a few top tips on how to take control: 

Save on fees with currency transfer services 

If you’re moving funds between countries, using your high-street bank might not be the most cost-effective option.  

Here at Currencies Direct, we offer competitive exchange rates, zero transfer fees and the ability to set up regular payments or rate alerts, so you can make transfers when the market is in your favour. 

To make day-to-day spending even easier, our multi-currency card is another great option. It allows you to store and spend multiple currencies, giving you the flexibility to spend like a local and move funds between currencies when the rates work for you. 

Time your transfers 

Exchange rates can shift significantly, especially if your earnings are in pounds (GBP) but you’re spending in another currency. Using tools like our rate alert and keeping an eye on market trends will allow you to transfer money at the right time, potentially saving you hundreds. 

Think in the local currency 

It’s natural to compare prices to what you’d pay back home, but this can be misleading. Instead, try to adopt a local mindset. Understanding average salaries and day-to-day costs in your new home will help you build a more realistic budget and avoid potential overspending. 

Smarter spending abroad  

Living and working abroad is an incredible opportunity, but it shouldn’t come at the cost of your financial wellbeing. Whether you’re freelancing from a city rooftop or launching a business on the beach, Currencies Direct can help you stay in control of your finances. 

We’ve been helping individuals manage their international payments since 1996, with award-winning service and local support teams in key locations worldwide.  

So wherever you’re headed next, we’re here to help you transfer money securely, conveniently, and at great rates! 

Start making smarter transfers today and get in touch at +44 (0) 20 7847 9400 or visit currenciesdirect.com!