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Cheap living, great WiFi and safe surroundings: Why digital nomads are flocking to Georgia

Burgeoning tourism sector hit by COVID-19 Georgia has already emerged as a tourist destination with the launch in 2004 of major infrastructure projects and the renovation of several city centres, such as the coastal city of Batumi and Mestia, at the foot of the mountains. In 2019, around nine million tourists visited the country, more than twice the size of the Georgian population. However, the COVID-19 pandemic dealt a major blow to this sector, which accounted for 5 per cent of Georgia s GDP. In 2020, the economy contracted by 6 per cent and lost over 100,000 jobs, according to official figures. In the hope of compensating for these losses, the Georgian government launched a programme last summer to attract wealthy remote workers with the promise of travel despite anti-COVID-19 restrictions.

Georgia emerges as unlikely hotspot for digital nomads

Future client explained: Inside the heads of the emerging affluent

Income protection, cash flow management and portfolio diversification are important areas this emerging segment of client which has the highest household income of any other group wants advice on, a new study shows.

Kentucky man living in China fears if he leaves the country he may not be able to return

Kentucky man living in China fears if he leaves the country he may not be able to return
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