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Glossary

Nomad glossary

What is the Nomad Score?
The Nomad Score is CostMyNomad's 0–100 rating of how well a city works as a long-term (12-month) digital nomad base. It is a weighted average of five sub-scores — cost (30%), productivity (25%), sustainability (20%), lifestyle (15%) and tax (10%) — computed from the same 30-city dataset that powers the budget calculator. 85 and above is S tier; below 55 is D tier (visit, don't base there).
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What is geo arbitrage?
Geo arbitrage is the practice of earning income at the wage level of a high-income country (typically remote work for US/EU clients) while living and spending in a lower-cost country.
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What is the Coffee-to-Stay ratio?
Coffee-to-Stay ratio = monthly accommodation cost ÷ specialty coffee price. It tells you how many cups of locally-priced coffee your tourist-priced housing equals — a fast proxy for gentrification pressure.
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Do you get a discount on Airbnb for staying a month or longer?
Yes — most Airbnb hosts offer a 10–30% discount for stays of 28 nights or more, and some go to 40–50% to lock in a full month; it is applied automatically at checkout the moment your dates reach 28 nights. Even with the discount, a local 1BR lease is usually another 25–50% cheaper, so the monthly Airbnb rate is the convenience price, not the floor.
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Tax residency for digital nomads
Tax residency is the legal status that obligates you to pay income tax in a specific country. Most countries use the 183-day rule (in-country > half the calendar year = resident). The US uses citizenship instead. Other rules (centre of vital interests, permanent home) can override day-count.
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What is a coworking space (and what to actually look for)?
A coworking space is a shared office that sells daily, weekly, or monthly access to desks, meeting rooms, and amenities (WiFi, coffee, printer). Pricing is typically tiered — hot-desk (any free seat) is cheapest; dedicated desk and private office cost 1.5-3× more.
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