For Less Than A Year's Rent in NYC, You Could Just Globetrot
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For Less Than A Year's Rent in NYC, You Could Just Globetrot

Roam Co Living
via Facebook

Being a citizen of the world has never been easier, after two new companies named Roam and Remote Year have created a network of co-living spaces allowing you pay a flat price to live in destinations across the globe. While the companies differ slightly in their approach, both are geared toward digital nomads who can work on the road. The idea is that you sign one lease—yet move from point to point throughout the year.

Roam Co Living
via Facebook

With Roam, you could spend weeks or months in Madrid before heading off to Miami, or Ubud, Bali. The company already has plans to expand and says they’ll have eight to 10 locations by 2017. The cost for a worldwide lease is $500 per week per room, or $1,800 a month. You’ll get a private furnished bedroom with its own private bathroom, free, unlimited access to all communal areas including a co-working space, shared kitchen, utilities, wi-fi, and laundry facilities. There are also some bonuses in certain spots, such as a pool, media room, and event space. Food and airfare is not included, and classes, trips, or other activities may cost extra.

Etihad Airways
Etihad Airways

While Roam allows participants to choose their time spent living abroad, Remote Year requires people sign up for a full year. Leaving August 1, 2016, the group will start in Libson, Portugal, before heading to Morocco for September, Bulgaria for October, and then continue on to nine other countries, ultimately ending in Buenos Aires in July.

The cost for this program is a one-time down payment of $5,000, followed by $2,000 a month for 11 months (totaling $27,000). Unlike Roam, transportation is included in the price, along with accommodations (an apartment or hotel), 24/7 wi-fi access, workspace, and activities. The company makes it clear they are not a job provider, but rather offer arrangements to accommodate those working remotely.

With rents in place like New York City averaging over $42,000 a year, both options are about half that.

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