It is not a joke. Costa Rica is simply seeking to draw digital nomads with a certain financial profile -- and it has every right to do so. A nation looking out for its own best interests. What is so odd about that?What a joke! Seriously. Those who invented that program should better study a profile of a digital nomad. They have no clue how a digital nomad looks like, how he lives and how "much" money does a typical digital nomad make. Digital nomads can be found in great numbers in Southeast Asia and why? Because they are not making thousands of dollars each month and they are living on a budget, looking for a cheap way of life but with great freedom. The financial requirements are insane and ridiculous!!!
"Here are the rules: for starters, you’ll have to be already working for a foreign (ie non-Costa Rican) company and, obviously, you’ll need to be able to do your job remotely. Then you’ll need to be earning a minimum of $3,000 (£2,500) per month which, if you want to bring your family along, rises a min of $5,000 (£4,200)."
There is nothing odd,but what Paul77 is trying to convey is if you price your goods way higher than competition then you will have lower sales.So which in turn means that the Costa Ricans may not have too many takers of their Digital Nomad Visa.And for a Digital Nomad it would'nt matter much where they are whether it is Costa Rica or Phillipines as long as they get a better bang for their buck they will be in a particular location.So entire program of Costa Rica because of its overpricing may not work for most Digital Nomads and they might not use it. In sucha case the program would be considered to be adding little to no value to either the nomads or the government.It is not a joke. Costa Rica is simply seeking to draw digital nomads with a certain financial profile -- and it has every right to do so. A nation looking out for its own best interests. What is so odd about that?
He said: "The financial requirements are insane and ridiculous." It is "insane and ridiculous" to want to draw digital nomads that earn at least $3,000 per month? This also fits its existing program to draw more affluent expats, which is decades old.There is nothing odd,but what Paul77 is trying to convey is if you price your goods way higher than competition then you will have lower sales.So which in turn means that the Costa Ricans may not have too many takers of their Digital Nomad Visa.And for a Digital Nomad it would'nt matter much where they are whether it is Costa Rica or Phillipines as long as they get a better bang for their buck they will be in a particular location.So entire program of Costa Rica because of its overpricing may not work for most Digital Nomads and they might not use it. In sucha case the program would be considered to be adding little to no value to either the nomads or the government.
Some of my coworkers from Costa Rica go to U.S. for shopping (buying clothes etc). They fly, buy stuff, stay in hotel for couple of days, have small vacation, come back and it's still cheaper cost wise. CR is incredible expensive.Ive been there a few times and yeah the place is stunning and locals are friendly most of the time but it's filled to the brim with Americans which makes everything more expensive.
As a result locals are losing their patience and the place kinda sucks now.