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Cape Town eager to tap into work-from-anywhere market as it hosts Nomad Week
The City of Cape Town will host the first-ever Nomad Week in March.
The event, a global gathering of digital nomads, will be hosted in collaboration with Work Wanderers, an organisation that supports people to adapt to a work-from-anywhere lifestyle.
"Cape Town has rapidly become the ultimate playground for digital nomads," says City of Cape Town Economic Growth MMC James Vos.
"Our vibrant city offers the perfect mix of natural beauty, infrastructure and a dynamic entrepreneurial culture.
"Hosting Nomad Week reinforces our commitment to positioning Cape Town as Africa's top destination for remote workers.
"In 2021, we hosted the Remote Work webinar, which brought together industry experts for dialogue about this market.
"We also persistently pushed for the implementation of a remote worker visa, which national government did last year," says Vos.
Under the new remote visa category, applicants are required to derive their income from a foreign source.
Research by Work Wanderers shows that digital nomads earn between $50 000 (R941 315.92) and $123 000 (R2 315 637.15, based on current exchange rates) a year.
"This is a market we are eager to tap into," says Vos.
"Not only do digital nomads bring valuable spending power, but they also contribute to local communities and create opportunities for Capetonians.
"We've worked closely with industry partners to develop products and services tailored to their unique needs."
"This event will be the ultimate gathering for location-independent professionals, a week of collaboration, networking, and growth," says Work Wanderers CEO and founder Andrae Smith.
"Cape Town's stunning landscapes, vibrant culture and innovative spirit make it the ideal destination for digital nomads."
Cape Town has come under fire recently for what critics call a lack of affordable housing opportunities for locals, owing to digital nomads pushing up rental rates.
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By Engineering News
5
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The City of Cape Town will host the first-ever Nomad Week in March.
The event, a global gathering of digital nomads, will be hosted in collaboration with Work Wanderers, an organisation that supports people to adapt to a work-from-anywhere lifestyle.
"Cape Town has rapidly become the ultimate playground for digital nomads," says City of Cape Town Economic Growth MMC James Vos.
"Our vibrant city offers the perfect mix of natural beauty, infrastructure and a dynamic entrepreneurial culture.
"Hosting Nomad Week reinforces our commitment to positioning Cape Town as Africa's top destination for remote workers.
"In 2021, we hosted the Remote Work webinar, which brought together industry experts for dialogue about this market.
"We also persistently pushed for the implementation of a remote worker visa, which national government did last year," says Vos.
Under the new remote visa category, applicants are required to derive their income from a foreign source.
Research by Work Wanderers shows that digital nomads earn between $50 000 (R941 315.92) and $123 000 (R2 315 637.15, based on current exchange rates) a year.
"This is a market we are eager to tap into," says Vos.
"Not only do digital nomads bring valuable spending power, but they also contribute to local communities and create opportunities for Capetonians.
"We've worked closely with industry partners to develop products and services tailored to their unique needs."
"This event will be the ultimate gathering for location-independent professionals, a week of collaboration, networking, and growth," says Work Wanderers CEO and founder Andrae Smith.
"Cape Town's stunning landscapes, vibrant culture and innovative spirit make it the ideal destination for digital nomads."
Cape Town has come under fire recently for what critics call a lack of affordable housing opportunities for locals, owing to digital nomads pushing up rental rates.