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Islands of Korea, Islands of the World  The Digital Nomad Era      Global perceptions of work and leisure                            The World Economic Forum (widely known as the Davos Forum), held in Davos, Switzerland, has              Island Story
                  At Present, in Islands Abroad…
                                                                         are shifting rapidly, a trend accelerated
                                                                         by  the  COVID-19  pandemic.  With
                                                                                                                                            recently explored this trend in its weekly Global Agenda updates. One key topic: how digital nomads
                                                                                                                                            are reshaping tourism and transforming the economies of Small Island Developing States (SIDS).
                                                                         remote work now mainstream and ICT
                                                                         technologies advancing, the boundaries
                                                                         of traditional workplaces are dissolving—
                                                                         ushering in a new era of flexibility and
                                                                                                                                               The Rise of Digital Nomads
                                                                         innovation.
                                                                                                                                                 Since the pandemic, the number of digital nomads has grown alongside the spread of
                                                                                                                                                 remote work. Many countries are now issuing digital nomad visas to attract them.

                                                                                                                                                 Digital nomads typically stay longer than regular tourists, live more like locals, and
                                                                                                                                                 contribute more meaningfully to local economies.
                  Workation on the Rise

                  In Korea, policies addressing regional population
                  decline have introduced concepts like “related                                                                               Cabo Verde: Strategy of an Atlantic Island Nation
                  population” and “living population.” Initiatives such
                                                                                                                                                 Located off the coast of West Africa, the small island country Cabo Verde is actively
                  as relocation support and the Hometown Love
                                                                                                                                                 positioning itself as a digital nomad destination.
                  Donation Program aim to revitalize communities
                  through broader engagement.                                                                                                    Digital Infrastructure Investment : Cabo Verde is building an international optical cable
                                                                                                                                                 and establishing a tech complex to support remote work environments.

      Vol.03                                                                                                                                     Program Operation : Through the Remote Working Cabo Verde program, the country
                                                                                                                                                 is attracting digital nomads while also fostering local innovation and strengthening
                                                                                                                                                 technological capacity.
                                                                                                                                                 Economic & Social Benefits : The skills and ideas brought by digital nomads are creating
                                                                                                                                                 positive ripple effects across local communities and businesses.




                  Among them, workation—a blend of work and
                                                                                                                                               Cabo Verde’s Challenges and Responses
                  vacation—has emerged as a key strategy.
                                                                                                                                                 Housing Shortages : Rising rental demand has led to concerns over affordability. The
                                                                                                                                                 government is addressing this by building co-living spaces and considering rental market
                    It offers environments where people can work
                                                                                                                                                 regulations.
                    remotely while enjoying leisure time, with islands
                    increasingly embracing this concept to boost local                                                                           Inclusive Growth : Local residents are being equipped with digital skills through training to
                    economies and enhance quality of life.                                                                                       help narrow economic disparities and promote shared prosperity.



                  ※ Who Are Digital Nomads?
                  A digital nomad is someone who works remotely                                                                                Vision for the Future
                  using digital tools, living and traveling freely without
                                                                                                                                                 Cabo Verde aims to create a sustainable digital economy in which digital nomads and local
                  being tied to a physical office—enabled by internet-
                                                                                                                                                 residents coexist in harmony. It envisions becoming the technology island of West Africa
                  based technologies.                                                                                                            and evolving into a key player in the global digital economy.



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