Yes, this is the only way to do it but the tax situation is complex. Most (all?) EU countries have tax treaties with the US to avoid double taxation but you wil

Yes, this is the only way to do it but the tax situation is complex. Most (all?) EU countries have tax treaties with the US to avoid double taxation but you will be a tax resident in that EU country and they will want their due. You will also likely fall under local labor laws and have to pay social taxes, but this will depend a lot on the digital nomad laws. If digital nomad laws don't apply, you will need a work permit which is no small feat.