Digital nomadism is a lifestyle in which people are freed from the constraints of time and location. The number of digital nomads with traditional jobs grew from 6.3 million in 2020 to 10.2 million in 2021 (42%).
Thanks to lockdowns, most people kept their older jobs, opting for remote arrangements while traveling. With so many locations available for those who have adopted the remote work lifestyle, many of them want to enjoy paradisiacal beach destinations.
Nomad Capitalist has just released the 2022 Nomad Beach Index (NBI). The NBI reveals the world’s top 10 paradisiacal beach destinations for seven-figure nomad capitalists in 2022.
The NBI is a result of aggregating data from over 30 different, unique sources, ranking the top 35 beach destinations worldwide on a scale of 10 to 50 using the following factors: beauty (30 percent), services (20 percent), taxes (20 percent), immigration (20 percent), and safety (10 percent).
Like last year, the Cayman Islands topped the list in 2022, due to its status as a Caribbean tax haven for investors who do not wish to deal with the complicated tax laws of other countries.
“The Nomad Beach Index ranks beaches by aggregating beach beauty, services, taxation, immigration, and safety as most aspiring global citizens are not looking for a place where they can take the best photos to upload to Instagram for everyone to see. Instead, they work and live overseas and are considering how the place they are going to call ‘home’ will affect their lives,” Nomad Capitalist said in a press release.
See below the list of the 10 best paradisiacal beach destinations according to Nomad Capitalist.
1. Cayman Islands
The Cayman Islands is currently ranked as 1 with a total score of 43.00.
Beauty
The Cayman Islands has a Beauty score of 50, which comes as no surprise since it is considered an amazingly beautiful country.
Services
The Cayman Islands has a Services score of 35, meaning that services in the Cayman Islands are very diverse.
Taxation
The Taxation policies have a score of 50, meaning that taxes in the Cayman Islands has zero taxes.
Immigration
The Cayman Islands has an Immigration score of 30, meaning that immigration in the Cayman Islands is somewhat difficult.
Safety
The Cayman Islands has a Safety score of 50, meaning that the Cayman Islands is very safe.
2. Saint Kitts and Nevis
Saint Kitts and Nevis is currently ranked as 2 with a total score of 42.50.
Beauty
Having a Beauty score of 50 means that Saint Kitts and Nevis is an incredibly beautiful nation.
Services
a Services score of 30 means that services in Saint Kitts and Nevis are somewhat diverse.
Taxation
The Taxation policies have a score of 50, meaning Saint Kitts and Nevis have zero taxes.
Immigration
Saint Kitts and Nevis has an Immigration score of 50, meaning that immigration in Saint Kitts and Nevis is allowed via citizenship by investment.
Safety
Saint Kitts and Nevis has a Safety score of 45, meaning that it is very safe.
3. Budva, Montenegro
Budva is currently ranked as 3 with a total score of 42.00.
Beauty
Montenegro has a Beauty score of 40, meaning that Budva, Montenegro can be considered beautiful.
Services
Budva, Montenegro has a Service score of 35, meaning that services in Budva, Montenegro services are very diverse.
Taxation
Budva, Montenegro has a Taxes score of 40, meaning that it doesn’t tax the income of resident citizens.
Immigration
Budva, Montenegro has an Immigration score of 50, meaning that immigration in Budva, Montenegro is allowed via citizenship by investment.
Safety
Budva, Montenegro has a Safety score of 50, meaning that Budva, Montenegro is very safe.
4. Bahamas
The Bahamas is currently ranked at number 4 with a total score of 41.50.
Beauty
The Bahamas has a Beauty score of 50, meaning that the Bahamas is amazingly beautiful.
Services
The Bahamas has a Services score of 40, meaning that services in Bahamas beach can be considered as diverse.
Taxation
The Bahamas has a Taxes score of 50, meaning that the Bahamas has zero taxes.
Immigration
The Bahamas has an Immigration score of 30, meaning that immigration in the Bahamas is somewhat difficult.
Safety
The Bahamas has a Safety score of 25, meaning that the Bahamas is very safe.
5. Antigua and Barbuda
Antigua and Barbuda is currently ranked as 5 with a total score of 41.00.
Beauty
Antigua and Barbuda has a Beauty score of 40, meaning that Antigua and Barbuda beach can be considered as beautiful.
Services
Antigua and Barbuda has a Service score of 30, meaning that services in Antigua and Barbuda beaches are somewhat diverse.
Taxation
Antigua and Barbuda has a Taxes score of 50, meaning that Antigua and Barbuda has zero taxes.
Immigration
Antigua and Barbuda has an Immigration score of 50. Immigration in Antigua and Barbuda is allowed via citizenship by investment.
Safety
Antigua and Barbuda has a Safety score of 30, meaning that Antigua and Barbuda is somewhat safe.
6. Algarve, Portugal
Algarve is currently ranked as number 6 with a total score of 39.00.
Beauty
Algarve has a Beauty score of 40, meaning that it can be considered beautiful.
Services
Algarve has a Services of 50, meaning that its services industry is very diverse.
Taxation
Algarve has a Taxes score of 30, meaning that its taxation allows citizens to relocate to avoid tax.
Immigration
Algarve has an Immigration score of 30, meaning that its immigration policy is somewhat difficult.
Safety
Algarve has a Safety score of 50, meaning that it is very safe.
7. Dominica
Dominica is currently ranked 7th with a total score of 38.00.
Beauty
Dominica has a Beauty score of 50, meaning that the country is amazingly beautiful.
Services
Dominica has a Beauty score of 25, meaning that its services industry is very diverse.
Taxation
Dominica has a Taxes score of 20, meaning that its taxation allows citizens to relocate to avoid tax.
Immigration
Dominica has an Immigration score of 50, meaning its immigration policy is allowed via citizenship by investment.
Safety
Dominica has a Safety score of 40, meaning that it can be considered a safe place.
8. Crete, Greece
Crete is currently ranked 8th with a total score of 37.00.
Beauty
Crete has a Beauty score of 50, meaning that it is amazingly beautiful.
Services
Crete has a Service score of 50, meaning that its services industry is very diverse.
Taxation
Crete has a Taxes score of 10, meaning that it taxes its citizens no matter where they live.
Immigration
Crete has a score of 40, meaning that its immigration policy is allowed via residence by investment.
Safety
Crete has a Safety score of 20, meaning that it is somewhat safe.
9. Cozumel, Mexico
Cozumel is currently ranked as 9 with a total score of 37.00.
Beauty
Cozumel has a Beauty score of 40, meaning that it is quite a beautiful place.
Services
Cozumel has a Service score of 40, meaning that services in Cozumel are very diverse.
Taxation
Cozumel has a Taxes score of 20, meaning that it allows citizens to relocate to avoid taxes.
Immigration
Cozumel has a score of 40, meaning that its immigration policy is allowed via residence by investment.
Safety
Cozumel has a Safety score of 30, meaning that it is somewhat safe.
10. Saint Lucia
Saint Lucia beach is currently ranked 10th with a total score of 36.00.
Beauty
Saint Lucia has a Beauty score of 40, meaning it is beautiful.
Services
Saint Lucia has a services score of 30, meaning its services are somewhat diverse.
Taxation
The Taxation policies have a score of 20, meaning that taxes in Saint Lucia allows citizens to relocate to avoid tax.
Immigration
Saint Lucia has an Immigration score of 50, meaning that its immigration policy is allowed via citizenship by investment.
Safety
Saint Lucia has a Safety score of 50, meaning that it can be considered safe.
Related: Bali Wants To Give Digital Nomads A “Second Home Visa”
