The U.S. is not among the 43 countries that offer a digital nomad visa, including Costa Rica and Greece.

Recent reports indicate that the U.S. job market has experienced a significant decline since the "great resignation" caused by the pandemic, although it is currently in a relatively stable state. Despite this, job seekers are facing challenges in finding new employment opportunities, which could be particularly challenging for recent college graduates.

The National Association of Colleges and Employers reports that employers plan to hire approximately 5.8% fewer new college graduates from the class of 2024 compared to the class of 2023.

Vicki Salemi, a career expert at Monster, advised CNBC that companies are currently offering flexibility, so job seekers should broaden their search.

Salemi stated that they can seek employment opportunities beyond the limitations of a specific zip code based on the quality and quantity.

If you're a recent college graduate or seeking a change of scenery, a digital nomad visa in a country like Costa Rica or Greece could be the perfect solution if you can secure a job that allows remote work.

A temporary work visa for digital nomads enables individuals to remain in a country for an extended duration while working remotely. The duration of stay may differ among countries, but most allow for a maximum of one year.

A digital nomad visa requires you to either be self-employed or employed by an entity outside the country where you plan to reside.

If you are an American living and working in another country and earn more than the minimum amount required, you must file a U.S. tax return, as per H&R Block.

While the US does not have a specific digital nomad visa, it offers other visa options that may enable someone to work as a freelancer in the country.

Digital nomad visas or similar schemes are being offered by the following countries as of May 2024 to attract remote workers.

Americas

1. Anguilla

Length of stay available: up to 12 months
The cost for individuals is $2,000, while families of up to four pay $3,000, with an additional $250 for each additional family member.
Minimum income required: None indicated

2. Antigua and Barbuda

Length of stay available: up to two years
The cost for one person is $1,500, for couples it's $2,000, and for families of three or more it's $3,000.
Minimum income required: $50,000 for each year of the program

3. The Bahamas

The duration of stay is up to one year, allowing for remote work or study.
The application fee is $25, while individuals and families pay the same amount of $1,000 plus an additional $500 for each dependent.
Minimum income required: None indicated

4. Barbados

Length of stay available: up to one year
Cost: $2,000 for individual and $3,000 for families
Minimum income required: $50,000 during the 12-month stay

5. Belize

Length of stay available: up to six months
Cost: $500 per adult and $200 per child
The minimum income needed for an individual to apply is $75,000, while those with dependents require a minimum income of $100,000.

6. Bermuda

Length of stay available: up to 12 months
Cost: $275 application fee per person
No minimum income specified, but it is noted that you must have substantial means or a continuous source of annual income.
Additional requirements: valid health insurance coverage

7. Brazil

Length of stay available: up to one year
Cost: $290
The minimum income requirement is $1,500 per month or a minimum of $18,000 in funds.
Additional requirements: valid health insurance coverage for treatment in Brazil.

8. Canada

Length of stay available: up to six months
Cost: Not found
Minimum income required: None indicated

9. Costa Rica

The length of stay is one year, with the possibility of renewing for another year.
Cost: $100 application fee
The minimum monthly income needed to apply is $3,000, but if there are dependents, the maximum income allowed is $4,000.
Additional requirements: valid health insurance coverage

10. Colombia

Length of stay available: up to two years
Cost: not found
At least 3 million Colombian pesos or $680 per month is the minimum income required.
Additional requirements: valid health insurance coverage

11. Curaçao

The maximum length of stay is one year, with an option to extend the stay for up to six months.
Cost: around $294 with no family bundle fee
Minimum income required: not found
To be eligible for a visa, you must have valid health insurance coverage and a return ticket that matches the length of your stay.

12. Dominica

Length of stay available: up to 18 months
The application fee for a single visa is $800, while the family visa fee is $1,200, with an additional $100 application fee.
Minimum income required: $50,000/annually

13. Ecuador

Length of stay available: up to two years
Cost: not found
The minimum income needed for a visa application is three unified basic salaries for the past three months.

14. El Salvador

The length of stay is flexible and can be extended for up to two additional years.
Cost: $2,825 with renewal fee of $450
Minimum income required: $1,460/monthly

15. Grenada

The length of stay is 12 months, with the possibility of renewing for another 12 months.
The cost is $1,500 per individual, $2,000 for a family of four, and $200 for each additional dependent.
Minimum income required: $37,000/annually

16. Mexico

Length of stay available: up to four years
Cost: starts at $271
The minimum income requirement is over $4,405 per month for the past six months or an average monthly bank balance of $75,082 for the previous 12 months.

17. Montserrat

Length of stay available: one year
The cost for an individual is $500, while a family bundle with up to three dependents costs $750. Each additional application will cost $250.
Minimum income required: $70,000/annually
Additional requirements: valid health insurance coverage

18. Panama

Length of stay available: nine months with a max of 18 months
Cost: $300
Minimum income required: $3,000/monthly or $4,000/monthly per family
Additional requirements: valid health insurance coverage

19. Saint Lucia

Length of stay available: up to one year
Cost: $70
Minimum income required: none found

20. Uruguay

Length of stay available: six months with the option for a six-month extension
Cost: around $10
Minimum income required: none found

Europe

21. Albania

Length of stay available: 12 months
Cost: not found
Minimum income required: not found

22. Croatia

The length of stay is flexible, with the possibility to renew for another six months after the initial one-year period.
Cost: not found
The minimum income required is approximately $3,091 per month or $37,091 annually, which must already be in a bank account.
Additional requirements: valid health insurance coverage

23. Cyprus

The length of stay is up to one year, with the possibility of renewing for two additional years.
The issuance and renewal fee for the Aliens' Registry is $75.39, while the registration fee is also $75.39. The total cost for both fees is $150.78.
Minimum income required: $3,769/monthly

24. Czech Republic

Length of stay available: up to one year
Cost: none found
The Ministry of Labor and Social Affairs has announced an average gross annual salary, and the minimum income required is 1.5 times that amount.
Application: reach out to [email protected]

25. Estonia

Length of stay available: up to one year
The fee for a D visa (long stay) from the state is $108, while the fee for a C visa (short stay) is $86.
Minimum income required: $4,846/month
To obtain valid health insurance coverage, applicants must pass a background check and submit their application in person at an Estonian embassy or consulate.

26. Georgia

Length of stay available: up to one year
Cost: not found
Minimum income required: not specified

27. Greece

The length of stay is one year, with the possibility to prolong it for a maximum of three years.
The cost for each family member applying with you is $81 plus an administrative fee of $162.
The minimum income requirement will increase by $565 for each child, and for each spouse or partner, the requirement will go up to $4,523.
You can submit your request to your local Greek consular authority via email or registered letter.

28. Hungary

The length of stay is flexible and can be up to one year, with the possibility of extending for another year.
Cost: starts at $118
The minimum income needed for an application is $3,230 per month, which must be maintained for six months prior to the application.
Application: Make an appointment with your local Hungarian embassy or consulate
Additional requirements: valid health insurance coverage

29. Iceland

Length of stay available: up to 180 days
Cost: $87
The minimum income needed to qualify for a loan is $7,151 per month or $9,296 if you apply with a spouse or partner.
Submitting an application for Iceland can only be done in person at the local embassy or consulate.

30. Italy

Length of stay available: up to one year with the option to renew
Cost: not found
The minimum income needed to avoid healthcare costs is €28,000 annually or $30,051 USD, which is three times the minimum income required for exemption.
Application: Book an in-person appointment at your local Italian embassy or consulate

31. Latvia

The length of stay is one year, with the possibility of renewing for another year.
Cost: $65-$130
Minimum income required: not found
To obtain valid health insurance coverage and confirm the expected place of residence in Latvia, you must provide documents.

32. Malta

Length of stay available: one year with the option to renew
The application fee is $323 per person, while the fee for issuing a residency card is $30.
Minimum income required: $45,233/annually

33. Norway

Length of stay available: two years
Cost: $646
Minimum income required: $38,468/annually

34. Portugal

Length of stay available: one year with the option to renew
Cost: $89 and a resident permit fee of $78
Minimum income required: must be at least the Portuguese minimum wage
Application: Apply at your Portuguese local embassy or consulate
Additional requirements: valid health insurance coverage

35. Romania

The length of stay is one year, with the possibility of renewing for another year.
Cost: not found
Minimum income required: $3,985/month
Additional requirements: valid health insurance coverage

36. Spain

Length of stay available: one year with the option to renew
Cost: not found
The minimum income needed to apply for a job in Spain is $2,700 per month, with additional family members increasing the amount.
Additional requirements: valid health insurance coverage

Middle East and Asia

37. Malaysia

Length of stay available: up to 12 months with the option to renew
The cost for a single applicant is $211, while the cost for each additional dependent when applying as a family is $105.
Minimum income required: not found
Additional requirements: valid health insurance coverage

38. South Korea

Length of stay available: one year with the option to extend
Cost: $45 application fee
Minimum income required: $65,000/annually

39. Turkey

Length of stay available: not found
Cost: not found
Minimum income required: $36,000/annually
To obtain a visa stamp, visit a Turkish visa center or consulate after approval.

40. United Arab Emirates

Length of stay available: one year
Cost: not found
Minimum income required: $3,500/month

Dubai has a virtual working program similar to the UAE's remote work visa, which requires applicants to have valid health insurance and earn a minimum salary of $5,000 per month.

Africa

41. Mauritius

Length of stay available: one year with the option to renew
Cost: free
Minimum income required: not specified
Additional requirements: valid health insurance coverage

42. Cape Verde

Length of stay available: six months with the option to renew
Cost: $22 per person and $37 airport fee
The minimum income required is $1615 or $2908 for a family, based on the average bank balance in the last six months.

43. Seychelles

Length of stay available: one year
Cost: $48 application fee
Minimum income required: not specified
Additional requirements: valid health insurance coverage

44. Namibia

Length of stay available: six months
Cost: $124 visa payment
The minimum income needed for a single applicant is $2,000 per month, while a married applicant with a spouse requires $1,000 per month, and each accompanying child adds $500 to the monthly income requirement.
Additional requirements: valid health insurance coverage

On May 13, 2024, OANDA conversion rates were used to convert amounts to USD on May 13, 2024. All amounts are rounded to the nearest dollar.

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