Canada is working on a new “tech talent strategy” to attract foreign workers by the end of this year targeting remote workers. Read on.
Canada, which has long welcomed digital nomads for stays of up to six months while on a visitor visa, announced it’s working on a new “tech talent strategy” to attractby the end of this year. The government is consulting with provinces and territories to find ways to promote Canada to digital nomads, and it’s working on allowing startups to apply for work permits of up to three years.
Among the more affluent countries of South America, Uruguay opened up residence permits to digital nomads in May 2023 for six months, with the possibility to extend it to a year. The process is simple, provided you’re not the holder of a passport that requires a visa for entry: Fill an online data form, sign an affidavit stating you can support yourself financially during the stay, and provide a vaccination certificate.
“They want to integrate their knowledge economies, because if a few hundred really smart knowledge workers spend time in the local community, then what might happen is that you will have connections being formed between these digital nomads and the locals,” he said. The local community would then benefit from knowledge spillovers.
From its inception in 2010 through at least August 2022, Start-Up Chile has brought in more than 5,000 entrepreneurs from 88 countries and given support to 2,200 startups, a paper by Choudhury confirms. Jovana Vojinovic, director of business development at Nomad Capitalist, based in the United Arab Emirates, which helps entrepreneurs relocate overseas, notes that taxes are high in Canada and may deter Western remote workers, but Canada’s program could be an attractive option for digital nomads who are from Latin America, Southeast Asia or the Middle East. They’re more likely to convert their visa into a regular work opportunity, she says.
The ease of access to long-term stays or to citizenship abroad, namely through property investments with tax breaks, has caused friction in places such as Portugal, with wealthy foreigners are blamed for elevating the cost of real estate andfor locals. Still, no country has rescinded the remote work visa thus far, Vojinovic says.
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