Digital Nomad, Corporate Nomad or Slomad? Drejc Kokošar September 27, 2022

Digital Nomad, Corporate Nomad or Slomad?

Author: Angela Ivanova

Travelling the world and at the same time building your career can be considered to be part of the new way of life in the 21st century, called “digital nomadism”. Recently, many new terms associated with the increasing remote working trend have been introduced. Let’s review some of them!

Digital nomads

Who are digital nomads? Digital nomads are educated, usually between the ages of 22 and 40. Actually, their work profile is quite broad such as digital designers, bloggers, entrepreneurs or even yoga teachers. They are very often self-employed and free to constantly travel and work from anywhere in the world as long as they have their laptop and a decent internet connection.

They really love to travel. Constantly. They like to discover new places, new people and have an exciting life full of adventure and gain personal knowledge about any aspect of the world.
For many digital nomads, travelling has been a way of living for years, others travel for a few months a year. Some studies show that a large number of digital nomads prefer to stay in one location for an average of 3 to 9 months.

Digital nomads work remotely from any place they feel comfortable – a beach, a mountain meadow, or a hotel room. They often use co-working and co-living spaces where they can meet new people and exchange ideas.

There are currently 35 million people who define themselves as digital nomads around the world. This group is projected to grow to 1 billion by 2035.

Corporate nomads

Corporate nomads are part of the digital nomad’s community but are employed by international companies. This has been a growing trend over the past two years. Thanks to the development of new technologies, new professions and increased preferences for flexibility, remote work and hybrid work have become preferred by many people and companies, which was unthinkable in the recent past.
Corporate nomads can be marketers, business developers, and programmers. They have the flexibility and freedom to travel and work remotely from different locations on any continent.

Corporate nomads can benefit local communities greatly. When corporate nomads arrive in a place, they are open to contact and connect with the local community, seeking to meet with local people or other digital nomads with similar interests to exchange knowledge and skills in a collaborative process.

Digital slomad

Slomads are digital nomads, but their way of travelling is at a slower pace. They prefer to stay in one place for a year or two and then move on to the next. The reasons can be diverse – either because they like to feel “at home” as part of the local society, because tax rates are favourable for developing their own business, or simply because intensive travel and work at the same time is a challenge for them. Often, slomads live in rented accommodation or invest in their own real estate.

Slomads are explorers at heart. They love to discover new places and get to know them. They like to explore the local nature and enjoy the adventures that the local destination has to offer.

It is very defining for the slomads that they enjoy establishing a deeper connection with the people of the local community, immersing themselves in their culture, learning the local language, exploring the local traditions and cuisine, and creating friendships.

When their gut instinct prompts them, they can head to the next unexplored place!