Subscribe Now

travelers today

Home » News

Remote Year: One-Year Of Traveling While Working For Digital Nomads Out There

Travelers Today       By    Miriam Tumpalan

Updated: Oct 13, 2016 06:30 PM EDT

Text Size: A A A

Tags
Remote Year, airbnb, Highland Capital Partner, WeWork Labs, Tech Crunch

For anyone who have a serious case of wanderlust, but aren't just into the 'backpacking' lifestyle, then, Remote Year might just be the perfect thing.

Remote Year offers a trip of a lifetime! Participants are sent for a whole year traveling while working abroad. What's greater is the fact that participants move to a different location each month.

According to Tech Crunch, when Remote Year founder and CEO Greg Caplan first thought of the idea, and announced it, about 25,000 people applied for the first group consisting of 75 digital nomads.

Now, the company is expanding with its $12 million investment from Highland Captial Partners who noticed how its making wave to travelers. Other investor who jump in the wagon are Jesse Middleton, co-founder of WeWork Labs, and Nate Blecharczyk, co-founder and CTO of Airbnb.

What this new funding can is to introduce better activity infrastructure and increasing their community number by creating more programs to accommodate the thousands of applicants pouring into their system.

Caplan said, "First, productivity has moved to the cloud," as reported by Tech Crunch.

"Great work can be done anywhere. People are more creative and productive when they're inspired by their surroundings, the second is that we no longer value the things that we own, but the experiences we share with other people."

Of course, Remote Year employees enjoy the perk of being all-over the world. However, due to expansion, the need of physical structure as main headquarters is becoming a need.

People who wants to participate with Remote Year will have to make a $5,000 downpayment and $2,000 for the succeeding 11 months which covers the travel cost, accommodation and workspace with internet connection. What an amazing opportunity to work while traveling without missing the presence of an "officemate," the site added.

The only downside is that they don't provide work for people, that's something they have to figure out

.

© 2017 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

Travel Tips

Subscribe to our newsletter

Receive the latest travel news, reviews, and more..

Want more Travel?

Most Popular

Austin Vacation Travel Guide | Expedia

Austin, Texas Hailed As The Best Place To Live In America

Austin is now the most desirable place to l

travelers today

© 2017 TRAVELERS TODAY All rights reserved.

Subscribe to our newsletter
Real Time Analytics