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The phrase "is currently based" is correct and usable in written English.
It is typically used to indicate something that is in effect at this moment, such as "The company is currently based in New York City."
Exact(60)
(She is currently based in the city).
He is currently based in India.
He is currently based in Goma.
He is currently based in London.
She is currently based in Rome.
PEN is currently based in Ghana.
She is currently based in Manchester, U.K.
WellPoint is currently based in Thousand Oaks, Calif.
He is currently based in Ouagadougou, Burkina Faso, conducting research.
Nicole is a travel blogger and educator who is currently based in Oman.
Sean grew up in Bucks County, Pennsylvania and is currently based in New York.
More suggestions(17)
is currently imposed
is currently used
is nowadays based
is currently headquartered
is actually based
is now based
is currently assessed
is currently authorised
is recently based
is present based
is currently basic
is at present based
is currently governed
is currently implemented
is currently forbidden
is currently engaged
is currently published
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com