Remote working has been growing as a prominent lifestyle trend throughout the world, birthing the concept of Digital Nomadism. This modern way of life includes a population of independent workers who choose to embrace a location-independent, technology-enabled lifestyle that allows them to travel and work remotely in any location in the world.
Image credit: Dojo Bali
Digital Nomadism: A New Way of Life
Recent research shows us that almost 4.8 million global independent workers describe themselves as digital nomads, and with the lifestyle and market shifts, we can definitely expect this number to rise drastically in the future. Considerably, there are many factors that contribute to an independent worker’s ability to become digital nomads, such as the availability of flexible and co-living and working spaces; the growth of online talent marketplaces; digital nomad tour services; and the availability of useful information online for both nomads and travelers.
Once a rural farmland, Bali is now a flourishing economy that ranks as one of the top destinations for digital nomads to reside in while venturing their creative pursuits, effectively diversifying the demographics within the tropical paradise. The knock-on effect is continued growth and rapid expansion of Bali’s economy, which has led to the creation of new jobs and buoyed investment activities. The tourism boom and foreign influx also catalyzed Bali’s transformation into one of Indonesia’s wealthiest regions and one of the hottest property investment hotspots in recent years.
Keynotes on Indonesia and Bali’s Growth
Logically, a higher engagement of tourism would indicate a stronger level of foreign interest and generate a more significant pool of investments into the region, which could further propel development for the city. This explains why Indonesia (especially Bali), is such a hotspot for hospitality investments, with its urban landscape evolving to accommodate more hotels, F&B options and tourist attractions. Foreign companies regard Jakarta as a city that cannot be ignored, with its strong prospect for the next 10 years to come. Occurrences such as the expansion of international hotel operators into Indonesia’s borders is a definitive indicator for the potential of the country. In fact, top-class hotel operators such as Singapore’s Meritus and Langham Hospitality Group have expanded into Indonesia, with much of its focus being on the Island of Gods – Bali.
A Digitalised and Dynamic Bali
The world is experiencing a phenomenon like never before – digitalisation connects everyone seamlessly, and Indonesia is keen own taking advantage of this opportunity. Bali is poised as a conducive environment for many professions such as writers, programmers, designers, website developers photographers, translators, internet marketers, and IT consultants who are able to do work from anywhere. The island offers them easy access to the digital tools, social connections and talent pool and lifestyle that is relevant to the digital trade, which effectively cultivates a new demographic within Bali’s borders. This brought forward many new lifestyle demands which we can witness in a new interpretation of retail options, living spaces and working environments.
If you have ever fantasized living the digital nomad life in Bali, here is our top list of considerations to make, and why this little cool neighbourhood in Bali, Canggu, should be on everyone’s number one choice.