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He moved from Houston, Texas, to Tulsa, Oklahoma, in 2021 as part of the latter's incentive program to entice more remote workers. My wife found a program called Tulsa Remote, which is a $10,000 stipend to bring remote workers to the city. AdvertisementI saw the acceptance rate for the Tulsa Remote program was low, but I figured we had nothing to lose. I went through the interview process and got acceptedThe Tulsa Remote program wanted people who wanted to be a part of Tulsa's community. AdvertisementThe entrepreneurial community in Tulsa is greatTulsa Remote helped set me up with the connections to start my company.
Persons: , Jhonathan Vazquez, I'm, Chandler, We're, We've, we've Organizations: Service, Titan, Business, Tulsa, Tulsa Remote, Jhonathan Vazquez Tulsa Locations: Houston , Texas, Tulsa , Oklahoma, USA, Houston, Tulsa, Everything's, Dallas, Mexico
This is in part the doing of so-called "golden visas," hugely popular residency visas for foreign investors. And they purchased more Portuguese golden visas than any other nationality in 2022. Related storiesBut as Portugal has experienced a worsening housing affordability crisis, Portuguese public opinion on golden visas has soured. Last year, the country changed the terms of its golden visa program to exclude real estate investment. Other southern European countries are following suit, similarly pointing to skyrocketing real estate prices.
Persons: , They're, they're, João Pereira dos Santos, Pereira dos Santos, Nuno Fazenda, Holger Schmieding, Schmieding, David Zorrakino Organizations: Service, Business, The New York Times, School of Economics, Finance, Queen Mary University of London, State, Tourism, Trade, Services, Bloomberg, Berenberg Bank, Getty, European Central Bank, Paris Locations: Greece, Portugal, Tourism, Lisbon, Athens, Spain, Southern Europe, Portuguese, London, Ramblas, Barcelona, Catalonia, Europe, Germany, Netherlands, France
The top 10 destinations for remote workers
  + stars: | 2024-05-09 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +1 min
There are approximately 22 million remote workers in the US, many of whom are looking for new locales. MakeMyMove recently released its list of top 10 destinations for remote workers. As more and more people can do their jobs from anywhere in the country, new communities are popping up as hot spots for remote workers. There are about 22 million adults in the US who work from home. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business
CNN —In travel news this week: submersible superyachts for billionaires, the megahub airport that could be the world’s busiest, plus new digital nomad visas in Turkey and Italy. New digital nomad visasPacking up your life and making a fresh start abroad is a dream for many, and new visa programs and tax incentives are making it a bit more achievable. Portugal, Spain and Costa Rica are some of the countries with popular digital nomad visas, and now there are two new options for remote workers. Turkey’s vibrant cities and glorious coastline can be enjoyed with its new digital nomad visa which is open to citizens of 36 countries, including the United States, Canada, France and the United Kingdom, ages 21 to 55. Italy’s long-anticipated digital nomad visa is also now accepting applications.
Persons: you’re, Hopper, he’d, “ It’s, , Latronico, there’d Organizations: CNN, European Union, European Economic, KSL, Mount Fuji Locations: Turkey, Italy, Portugal, Spain, Costa Rica, United States, Canada, France, United Kingdom, Italian, Italy London, Texas, Costa, Los Angeles, Basilicata, Austrian, Utah, Indonesia, Caicos, Mull, Kintyre, Miami
Baylon said not all Montana transplants are remote workers buying property and driving up prices. AdvertisementThis is an as-told-to essay based on a conversation with 34-year-old Ian Baylon, a tradesman who moved from California to Montana in April 2022. Here in Montana there's a huge shortage of labor too. While it was very competitive in California, there's a lot of demand for the trades up here, but nobody up here really wants to learn the trades. A lot work in tech or finance, and there's no need for them to work locally.
Persons: Ian Baylon, Baylon, , Jacob Boomsma, they're, Boz Angeles, United States Gordon Calhoun, Montanans, I've, chokehold, It's Organizations: Service, Crockett, That's Locations: Montana, Bay, California, Bay Area, San Francisco, Crockett, Area, Vallejo, West Yellowstone, Bozeman, Downtown Bozeman , Montana, Mexican, Berkeley, Gallatin, Sky , Bozeman, United States, Washington , New York , Texas, West Coast
"One woman wanted to rent my office to work," remembers Lisa Slocum, the airport Fifth Third Bank branch manager. Capital One closed its branch at Washington, D.C.'s Dulles International Airport in 2020, instead creating "airport lounges" for cardholders in Dulles, along with similar spots at airports in Denver and Dallas. Yet full-service airport bank branches are a relative rarity, surprising in a retail landscape that often resembles an upscale mall more than a terminal. Fifth Third BankWells Fargo operates a full-service branch in Las Vegas's Harry Reid International Airport, and according to a bank spokeswomen, has a multi-year relationship with the airport that involves both the branch and multiple ATMs throughout terminals. McAdam says ATMs and advanced-function kiosks are one thing, but a full-service branch, except maybe in the largest markets, is overkill.
Persons: Kevin Williams Nicolette Nelson, Nelson, It's, Lisa Slocum, Slocum, Hannah Thelen, Ashley Thelen, Mindy Kershner, CVG's, Marketing Brent Andersen, Andersen, that's, Chase, John Sieg, Sieg, Harry Reid, Wells Fargo, Brian Davis, Paul McAdam, Power, McAdam Organizations: Northern, Northern Kentucky International, Fifth Third Bank, Fifth, Bank, TSA, Third, Dulles, Airport, Capital One, Washington , D.C, Wings Credit Union, Paul International Airport, Wings, Marketing, JPMorgan Chase, PNC, Sky, Fifth Third Bank Wells, Harry Reid International Airport, Truist Bank, Hartsfield, Jackson Atlanta International Airport, Financial Locations: Fairbanks, Cincinnati, Northern Kentucky, Spain, Washington ,, cardholders, Dulles, Denver, Dallas, it'd, Kentucky, Minneapolis, St, Las, Vegas, New York City, New York
Livability, a media and marketing company that ranks places based on how livable they are, released its annual list of the 100 most livable small to midsize cities in the US this week. AdvertisementThe list is limited to cities with populations under 500,000 people that also have median home values under $500,000. Livability's list of 100 cities is not ranked in order, as you are able to filter and rank the list based on your top priorities. All one 100 cities can also be viewed on a US map, so you can easily search by region or state. AdvertisementThe following ranking of the top 10 best small to midsize cities to live in is based on the overall livability scores.
Persons: Organizations: Service, Business, Census, of Labor Statistics Locations: Los Angeles and New York, Montana, Miami, Oakland
US job creation is shifting from rich coastal cities to the Sunbelt and Midwest. The shift is in large part a result of skyrocketing housing costs in coastal cities. This is in part because these cities have a lower cost of living — driven by lower housing costs — as big coastal cities have become increasingly unaffordable. At the same time, major coastal cities like New York City, Los Angeles, and Seattle saw their hiring shares decline. The richest coastal cities are also suffering from negative perceptions about safety and public order, and those reputations likely also play a role in people leaving.
Persons: , Benzow, EIG Organizations: Service, Economic, Group, Hilton, Employers, Seattle Locations: , EIG, San Francisco , New York, Los Angeles, Seattle, Boston, Gainesville , Georgia, South Carolina, Midwest, Wenatchee , Washington, Lansing , Michigan, American, New York City
A millennial in California is secretly working a second remote job so he can afford weight-loss drugs. AdvertisementLast August, George decided he wanted to try to work a second remote job — and not tell his employers he was job juggling. He was able to afford Mounjaro and said he's dropped 45 pounds — from 220 lbs to 175 lbs — since he started taking it in October. AdvertisementAfter a roughly monthlong search, he started his second job and was able to afford Mounjaro. Are you working multiple remote jobs at the same time and willing to discuss details about your pay and schedule?
Persons: Zepbound, , George, Eli Lilly, he's, George hasn't, it's Organizations: Service, FDA, Nordisk's Ozempic, Business Locations: California, Mounjaro
Turkey is the latest country to open its arms to remote workers keen to relocate. Here's what it takes to get the Digital Nomad Identification Certificate for Turkey. Related storiesThe Digital Nomad Identification Certificate, which is the first step to a digital nomad visa, is open to remote workers ages 21 to 55. If approved, it's as simple as applicants receiving a certificate with a barcode that they can use to apply for the digital nomad visa at the Turkish consulate. Earlier this month Italy announced that it would welcome remote workers and their families on renewable digital nomad visas.
Persons: Organizations: Service, and Tourism Ministry Locations: Turkey, Canada, Italy, Turkish, Russia
Shorter trips help me to break up the monotony of life without sacrificing the comfort of home. Of course, it was worth it in the end to save money so that I could travel for nine months. However, now that I take a few shorter trips a year, I have more flexibility to make them everything I want them to be. In fact, when I got back, I was able to create a space that took inspiration from the places I'd been. I think traveling is something everyone should prioritize, but there are ways to see the world that don't involve doing it full time.
Persons: , Dasha, yearn, I'd Organizations: Service, Business Locations: Europe, Latin America, Italy, Paris
Despite a US housing shortage, Florida and Texas have too much supply, Redfin said. AdvertisementA lack of US housing has fenced off most would-be buyers, but two states are dealing with the opposite problem — an overflow of homes. According to Redfin, Florida and Texas have properties stagnating on the market, as demand is shifting away from these areas. The number of homes also jumped 25% in McAllen, Texas, Redfin reported on Thursday. Of the country's top 10 metros where sellers were most likely to slash listed prices, seven are located in these two states.
Persons: Redfin, , Eric Auciello, Auciello, isn't Organizations: Service, North Port, First Locations: Florida, Texas, Redfin , Florida, Coral, North Port , Florida, McAllen , Texas, North, North Carolina, Tennessee
We live in an Orlando rental, but I run the travel-planning business from a cruise ship for three months out of the year. Video calls can be dicey, but voice calls over WiFi work wellMost of my work is using emails, social media apps, and a web browser, so I don't tend to have problems. The upload speed is the most difficult thing about working on a cruise ship. Cruise ships are comparable to remote working spaces, but they offer so much more. Meeting places are usually free on a cruise ship.
Persons: , Walter Biscardi, Walter Travel, I'd, we'll, I've, Lady Organizations: Service, Business, Royal, Voyages, Virgin Voyages, YouTube, Virgin Locations: Orlando, Atlanta, Royal Caribbean, Oceania
The newest entrepreneurs are both young and old and looking to grow their wealth through their businesses. The share of new Hispanic entrepreneurs rose from 8% in 2022 to 13% in 2023, Gusto found. Many new entrepreneurs are open to using AI tools and hiring remote workers, per the Gusto survey. The share of entrepreneurs who started a business while juggling another gig rose from 27% in 2022 to 44% in 2023. The Babson report found that most US entrepreneurs, 71%, were motivated by the prospect of boosting their wealth through their businesses.
Persons: They're, , Ewing Marion, Luke Pardue, Babson, Entrepreneurship isn't Organizations: Service, Bureau of Labor Statistics, Babson College, Midwest Women, Pew Research Center, Ewing Marion Kauffman Foundation, Bureau, Kauffman Foundation, Entrepreneurs, Business Administration, Entrepreneurship Locations: Midwest, New Hampshire, Minnesota, Montana, Northeast, West
"Standard benefits, like medical, dental, or vision care, are typically included in most employee benefits plans. "With workers of all ages repaying student debt, student loan assistance should be a key consideration in the enhancement of employee benefit programs," Newcome said. Non-traditional benefits could also convince workers to rethink remote workRethinking employee benefits could also be the key to enticing remote workers back to the office. Additionally, 69% said they would be willing to change their job or career for employer-based housing benefits. As the landscape of employee benefits evolves to meet the changing needs of the workforce, companies are becoming more innovative.
Persons: , John Newcome, Kelly, Newcome, Boring, Bonds Organizations: Service, Business, Employees, Walmart, SpaceX Locations: Austin, Bastrop
Now, after she made her pitch at the VFW hall, attendees clamored around Widell, eager to have her manage their Airbnb rentals. The reign of the Airbnb Queen of Tulsa was over — and her subjects were left to pick up the pieces. Dominic Bugatto for BIThe "Queen of Airbnb" label, which started off as Widell's Airbnb account name, helped create an aura of omnipotence. According to those familiar with the business, Widell seemed to be shifting her focus away from Airbnb rentals to the house-staging business. Today, her "Tulsa Airbnb Group" on Facebook remains active, with some 1,000 members.
Persons: Airbnb, Dani Widell, Widell, Kathy Portley, weren't, , Emily Burke, Will Widell, They'd, thrifty, Will, who'd, Logan Haskett, Dominic Bugatto, Burke, hadn't, Knikki Nash, she'd, Mallory Massey, Massey, David Brunson, Brunson, Renee Brummett, We've, Dani hasn't, Brummett, doorstepped, unraveled, Nash, Dani, Widell's, carting, Will cosigned, Brummet, Tulsa's, Meagan McCollum, Bram Gallagher, Gallagher, Dan Latu Organizations: VFW, Tulsa, Facebook, Tulsa Real Estate Investors Association, Oklahoma State University, Tulsa People, Mahogany Prime, Summit, Downtown, Social, Bank of America Center, PGA, Investors, Widell, Employees, Rover, BI, nonpayment, University of Tulsa, Business Locations: Tulsa, Tulsa ., Widell, Airbnb, Brady, Arkansas,
In the best U.S. city for remote work, the median household income is $71,000; rent is about $1,400 a month; homes are valued at about $412,000; and 58% of residents are college grads. The waterfront town is the highest-ranked U.S. city for remote workers according to a new analysis from Remote.com, a global HR platform for distributed teams. While most top cities are spread across Europe and Asia, Portland is the only U.S. city to crack the top 10. Here are the 10 highest-ranked U.S. cities for remote work, according to Remote.com:Portland, Maine (No. 20 overall) New York, New York (No.
Persons: van der Locations: Portland , Maine, Europe, Asia, Portland, Remote.com, Honolulu, Hawaii, Des Moines , Iowa, New York , New York, Concord , New Hampshire, Minneapolis , Minnesota, Hamilton , Ohio, Topeka , Kansas, Louisville , Kentucky, Montpelier , Vermont, U.S, Maine
"We realized we couldn't afford the mortgage and the car payments and everything," Stonestreet told me. Americans work more, vacation less, spend more on healthcare, and die sooner than people in other high-income economies. These factors likely explain why some Americans are moving to countries that aren't generally considered low-cost-of-living locales. She said that living abroad afforded her a degree of flexibility and spontaneity that would be out of reach back home. From their temporary perch in Tirana, Albania, the couple told me via WhatsApp that their only regret about moving abroad was not doing it sooner.
Persons: Amelia Basista, Stonestreet, Basista, Maliya, I'm, Fale, scoping, Cristina Johnson, Johnson, Mariana, Dustin Lange, that's, Mariana Lange, Mark Zoril, Andrew Hallam, Zoril, hasn't, — Zoril, Tomorrow's Organizations: State Department, American Citizens, Monmouth University, Labor Statistics, Financial Technology Association, Business Locations: South America, Denver, Cuenca, Ecuador, Germany, Canada, France, Minneapolis, Latin America, America, Puerto Morelos, Mexico, Pennsylvania, Belize, States, Austin, North Carolina, Central America, Portugal, Spain, Lisbon, Europe, Tirana, Albania
Tesla's awful 2024 is getting much worse
  + stars: | 2024-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Tech: A "social walkie-talkie" app is the newest thing tech insiders are excited about . Tesla's awful 2024 got much worse this week when the company cut 10% of its workforce , and a major executive resigned after 18 years at the EV maker. AdvertisementSlaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BIIn the meantime, Tesla's stock keeps falling. Even worse, people who are in the market for EVs aren't necessarily interested in Teslas .
Persons: , NASA's Chandra, Tesla, we've, Elon Musk, Steve Granitz, Scott Olson, Jia Feng, Graham, Elon Musk's, robotaxis, Slaven, Chelsea Jia Feng, Tesla's, Musk, Andy Sieg, Merrill Lynch, Abanti Chowdhury, who's, Piper Sandler, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Tech, Adobe Stock, The New York Times, EVs, Teslas, Trump, SWANSON, Apple, Microsoft, BI, CNBC, Economy Summit Locations: Chelsea, China, Teslas ., States, New York, London
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNew York is the millionaire capital of the world, but some of those who want to stay rich are fleeing to low-tax states like Florida and Texas. The state tax department has a solution: AI letters. It is sending hundreds of thousands of AI-generated letters, mostly to wealthy remote workers or those who require a change in tax residency, according to CNBC. There were 771,000 audits in New York in 2022, according to a recent report by the state Department of Taxation and Finance cited by CNBC.
Persons: , That's, Alexander Spatari, Mark Klein, Hodgson Russ LLP, it's, It's, Klein, Shakira Organizations: Service, CNBC, Business, of Taxation, New, Henley, Partners, , York's Department of Taxation, Finance Locations: Florida, Texas, New York, New York City, York, Bahamas, Spain
April Jereza never intended to move abroad to Madrid, Spain, but now that she's been there for seven years, she thinks she'll stay for the long haul. "People in Madrid, and Spain in general, really understand that you don't live to work; you work to live," Jereza says. Other data touts the city's big benefits for professionals: Madrid is the No. 1 best city for remote work, according to a new analysis from Remote.com, a global HR platform for distributed teams. She now works as a product manager for a multinational social media agency from its Madrid office and works remotely part of the week.
Persons: Jereza, she's, she'll Organizations: CNBC Locations: Madrid, Spain, Canada, Europe, Remote.com, Spain Madeira, Portugal Toronto, Canada Auckland , New Zealand Tokyo, Japan Paris, France Portland , Maine, USA Taipei, Taiwan Stockholm, Sweden Reykjavik, Iceland
New York City gained the most relocating tech workers in 2023, SignalFire reports. AdvertisementNew York is continuing to gain on San Francisco as a rival tech hub. The greater New York City area drew the biggest share of relocating tech workers last year compared to any other major city in the US, according to a new SignalFire report. The most common move for tech workers in the San Francisco Bay Area was to New York, the report found. AdvertisementMeanwhile, SignalFire found that the San Francisco Bay area actually saw its tech pool shrink by the largest percentage last year.
Persons: San Francisco, , SignalFire Organizations: York City, San, Los Angeles, Service, Big Apple, Austin, CNBC, Sequoia Capital, Nvidia, SF Bay Area Locations: York, Austin, Francisco, New York City, San Francisco Bay, New York, Los Angeles, Seattle, Boston, San Francisco, California, San, Santa Clara , California, West, San Jose , California
Italy is one of the many countries in Europe now offering digital nomad visas. If you're a digital nomad or a remote worker looking for your next home away from home, consider Italy. The country's new digital nomad visa went into effect his month, according to Euronews. The visa is good for one year and can be renewed Armando Oliveira | Istock | Getty ImagesTo take advantage of Italy's new digital nomad visa, remote workers must have an annual income of at least three times the minimum level required for exemption from participating in healthcare costs. Italy also requires applicants to have health insurance for the duration of their stay, suitable accommodations, and proof that they have been digital nomads or remote workers in another place for at least six months.
Persons: Armando Oliveira Organizations: Istock Locations: Italy, Europe, Italian
But some states are better than others when it comes to offering the ideal remote work environment, according to a new WalletHub report that identified the best and worst states for working from home. To create this list, WalletHub compared the 50 states and the District of Columbia across two main dimensions, work environment and living environment. New Jersey was named the best state for working from home thanks to its cheap internet costs and high access to broadband internet. Utah ranked second in part because it has the largest homes in the country, preventing remote workers from feeling confined. Here are the 10 best states for working from home, according to WalletHub:
Organizations: District of Columbia, New, Utah Locations: New Jersey
At Sansan Chicken in Long Island City, Queens, the cashier beamed a wide smile and recommended the fried chicken sandwich. Or maybe she suggested the tonkatsu — it was hard to tell, because the internet connection from her home in the Philippines was spotty. Romy, who declined to give her last name, is one of 12 virtual assistants greeting customers at a handful of restaurants in New York City, from halfway across the world. The virtual hosts could be the vanguard of a rapidly changing restaurant industry, as small-business owners seek relief from rising commercial rents and high inflation. Others see a model ripe for abuse: The remote workers are paid $3 an hour, according to their management company, while the minimum wage in the city is $16.
Locations: Long Island City, Queens, Philippines, New York City
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