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Make it for digital nomads who are willing to pay a monthly fee to build equity on the properties. Offer not just vacation homes but homes that are big enough

Make it for digital nomads who are willing to pay a monthly fee to build equity on the properties. Offer not just vacation homes but homes that are big enough to have 6-10 people co-working and co-living. Instead of having 4 families splitting a house for 3 months, every participant has the right to live in the house or to rent it out. Create a market for them so that they can trade their shares. Make it easy for people to sell their shares for co-owners. Make it international, focusing on places that are reasonably developed and with good climate: southern Europe and the Caribbean. For the past 5 years I've been unsuccessfully trying to convince my very risk-averse wife (civil engineer) that digital nomads are going to be an increasingly powerful market. If you are willing to do any of that, let me know so that I can quit my job and apply to work with you. :) If not, please let me know what problems you see with it. I've been thinking about this for quite a while and the pandemic made it even more appealing to me.

rblack44 5y ago
Love some of these ideas! We are getting a lot of interest from digital nomads looking at this not just as an investment in a vacation home, but as a remote office for a few months a year. We are looking at how we can better serve that market, would love to chat as it seems like you've been thinking about this for a bit. Shoot me an email (ryan@ancana.co). Many of the homes are big enough spaces to use for coworking, but not always ideally furnished as such. It could be interesting to tailor some homes for this exact use case. Interesting. The rental rules depend on the property. Some of our homes are in communities with rules governing short term rentals. For the others, we leave it up to the owners to decide as a group whether to allow renting the home when not in use. We definitely see an opportunity for people to trade time in different homes. With the affordability of many of our properties, we think some people will buy shares in a few homes and bounce around. Anyway, would love to get in touch and pick your brain
ytdytvhxgydvhh 5y ago
I wonder if something like this could help with residency through investment visas, etc. I mean, I know nomads are nomadic by definition so maybe some wouldn’t care much about long-term residency but I’d imagine a lot of American digital nomads would be happy if they could get a foot in the door for EU residency for example.
- rglullis 5y ago
  Not even needed. After the pandemic, many countries (e.g Costa Rica, Croatia, Malta) are interested in attracting remote workers and are offering year-long, renewable visas, some of them waiving any kind of tax-residency requirement. It is a smart move for them, because it basically treats nomads as perennial tourists with high spending power.
  - ytdytvhxgydvhh 5y ago
    That’s interesting - I’d heard of Iceland and Costa Rica doing that, didn’t realize any EU countries were doing the same. I couldn’t tell from a quick Google search if “residence” under Malta’s digital nomad visa would qualify one towards any further EU residence or even future EU citizenship or if it’s just like you were there as a tourist for a long time.
travisjungroth 5y ago
I was a digital nomad for 2 years. Just got back to SF a month ago. I don't think it's going to become a powerful market soon. It really wears you out.
- rglullis 5y ago
  I don't think it is a permanent lifestyle, but I think that there will be a growing share of people who will have a stage on their life (post-College, single and flexible enough in regards to location requirements) where such a lifestyle makes sense. Individually, yes, I agree that after a while most people will eventually settle down back in their home countries or a place more similar to their native culture. However, imagine if such a system like a described existed and recent graduates from the US, Canada and Northern Europe went on to live 3-5 years in areas with a lower COL but at the same time allowed them to build equity on a home.

rblack44 5y ago

Love some of these ideas! We are getting a lot of interest from digital nomads looking at this not just as an investment in a vacation home, but as a remote office for a few months a year. We are looking at how we can better serve that market, would love to chat as it seems like you've been thinking about this for a bit. Shoot me an email (ryan@ancana.co). Many of the homes are big enough spaces to use for coworking, but not always ideally furnished as such. It could be interesting to tailor some homes for this exact use case. Interesting. The rental rules depend on the property. Some of our homes are in communities with rules governing short term rentals. For the others, we leave it up to the owners to decide as a group whether to allow renting the home when not in use. We definitely see an opportunity for people to trade time in different homes. With the affordability of many of our properties, we think some people will buy shares in a few homes and bounce around. Anyway, would love to get in touch and pick your brain

ytdytvhxgydvhh 5y ago

I wonder if something like this could help with residency through investment visas, etc. I mean, I know nomads are nomadic by definition so maybe some wouldn’t care much about long-term residency but I’d imagine a lot of American digital nomads would be happy if they could get a foot in the door for EU residency for example.

rglullis 5y ago
Not even needed. After the pandemic, many countries (e.g Costa Rica, Croatia, Malta) are interested in attracting remote workers and are offering year-long, renewable visas, some of them waiving any kind of tax-residency requirement. It is a smart move for them, because it basically treats nomads as perennial tourists with high spending power.
- ytdytvhxgydvhh 5y ago
  That’s interesting - I’d heard of Iceland and Costa Rica doing that, didn’t realize any EU countries were doing the same. I couldn’t tell from a quick Google search if “residence” under Malta’s digital nomad visa would qualify one towards any further EU residence or even future EU citizenship or if it’s just like you were there as a tourist for a long time.

travisjungroth 5y ago

I was a digital nomad for 2 years. Just got back to SF a month ago. I don't think it's going to become a powerful market soon. It really wears you out.

rglullis 5y ago
I don't think it is a permanent lifestyle, but I think that there will be a growing share of people who will have a stage on their life (post-College, single and flexible enough in regards to location requirements) where such a lifestyle makes sense. Individually, yes, I agree that after a while most people will eventually settle down back in their home countries or a place more similar to their native culture. However, imagine if such a system like a described existed and recent graduates from the US, Canada and Northern Europe went on to live 3-5 years in areas with a lower COL but at the same time allowed them to build equity on a home.