As more people embrace flexible working environments and set their sights on their next ‘workation’ (AKA, a vacation that blends leisure and remote working), travel search engine momondo.ro reveals the best countries in the world to work remotely from, with Romania being on the third spot in the ranking. momondo’s first Travel and Work Index is the ultimate source for those looking to set up a new office away from home temporarily or for a longer period of time. To develop the index, momondo closely analysed 111 countries and ranked each against 22 factors across six categories: travel costs and accessibility; local prices; health & safety; remote working capabilities; social life; and weather. Ultimately, revealing the best countries that are easiest to work from while having a lot of fun in your off hours. Without further ado, the top 10 best countries for combining productive working conditions and opportunities for travel adventures according to momondo are: Portugal Spain Romania Mauritius Japan Malta Costa Rica Panama Czech Republic Germany Romania came third worldwide for working remotely from, primarily thanks to very attractive prices and having one of the lowest cost of living not only in Europe but globally. Romania also has cheap car hire and hotel prices, plus affordable long-term apartment rentals which creates great opportunities for travel. Digital nomads will definitely appreciate fast internet speed and many locals who speak English. Another significant factor that speaks in favor of choosing this country for workation is the visa for freelancers that authorities are looking to introduce in the upcoming months. Portugal was ranked the all-round best country to work remotely from worldwide, scoring high across the board in all categories, including great weather, high abundance of places for going out, low-crime rates, and relatively low cost of living. Portugal also offers a digital nomad visa, and many locals have a high English proficiency that attracts expats. Spain came in second place, largely due to its high quantity of restaurants and cafes per capita, paired with fast internet speed, plenty of co-working spaces and remote visas for freelancers. It also has a buzzing nightlife and is very LGBTQ+ friendly. Romanians can find the best ‘workation’ for their team’s time zone thanks to momondo’s new feature In addition to the Travel and Work Index, momondo features a new time zone map to help users quickly and easily find out the time differences for their trip – ideal for those looking to swerve 2am conference calls whilst working abroad. The time zone-focused rankings takes key factors and categories from the Travel and Work Index into account but displays them according to your work country of origin – so the countries that have time zones closest to your own work time zone will be featured higher up on the list of country destinations. The map also provides information on the latest travel restrictions and local vaccination rates per country. Before planning your journey, be sure to check the latest travel restrictions in your destination. momondo’s travel restrictions map provides real time updates on COVID-19 restrictions and entry requirements of individual countries around the world. All sources have been accessed and data retrieved between 1 September – 20 October 2021. The numbers collected are based on the latest available data. To view the Work and Travel Index and full breakdown of rankings, visit https://www.momondo.ro/travel-work/rank.
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
Romania has begun work on a specialised production facility in Măgurele, near Bucharest, that will manufacture laboratory-grade mirrors and lenses, including components for the world’s most powerful laser hosted at the adjacent research centre, Digi24 reported. The...
The Treasury set a coupon of 6.55% for the 2-year state bonds on sale in the primary retail market in December, 40 basis points from 6.95% paid in November, and 65 basis points lower compared to October. The coupons for the other maturities have decreased accordingly to 7.1% for the 4-year maturity (-25 bp from […]
