Have you been day dreaming about being able to live and work from anywhere in the world?
Just not sure if it is for you or not! It is time to ask yourself the following questions and truly examine if having a business with the freedom and flexibility to live and work wherever is right for you. Many people dream of traveling the world or living in exotic places while having a business they can do work from anywhere and enjoy the income stream it provides. Does this sound like you? Do you feel trapped in a job where you stay on the corporate “treadmill” and see the same scenery day in and day out? Would you like to run your own business? If you have answered “yes” to these questions, owning a live from anywhere in the world business may be the perfect solution for you to make your dream a reality!
A dream is just that if you don’t take steps to make it happen. How should you begin to determine if it makes sense for you? We suggest looking at certain aspects of living and working internationally to dig deeper in discovering if this lifestyle will actually work for you. After dreaming of it, you can start to see if working internationally is right for you.
Ask yourself the following questions to find the answer if being able to live and work internationally is for you!
Where would you live?
The world is at your finger tips – it is up to you where to go! You may already know the country or countries in which you are interested in living. On the other hand, you may not know, so you may need to “peel the onion” more in pinpointing the right match. For a successful stayabroad it is highly preferable to match your destination with your personal interests. In looking for a country in which to live, first you need to determine the nature of your goals and expectations in an overseas experience. Are you interested in a certain climate? Do you want to immerse yourself in a different language? Are there certain cultures that you want to experience? After arriving at a list of potential countries, do your own research in order to open your mind to the possibilities. Dive into the information you find and hone in on the countries you feel are a good match.
In addition to your own interests, there are other considerations when looking at a country in which to live. The political and economic climate in a country is a big factor. Many foreign countries experience political unrest, which is an environment that can impact the quality of your life there. Certain aspects of the economy may be important also. For instance, if there is high inflation you may see your spending power greatly diminished. Since we have experienced low inflation in the U.S. in recent years, it would be an adjustment to see prices of consumer goods go up every day!
Research the VISA requirements for countries you are interested in. This differs for each country. Many countries require a temporary VISA in order to stay for long periods of time. Sometimes there may be a long up-front time required in submitting the application and getting approved, so you definitely want to factor it into your timeline.
There are several countries that are very popular for U.S. expatriates, based on different criteria. You can find these easily on the internet. The ExpantInfoDesk.com provides valuable information about various countries. The bottom line is for you to explore different countries and how you might enjoy actually living and working there!
What are your priorities for you and your business?
Make a list of your priorities, both personally and for a business. You may find some of the following aspects of having a business and living internationally on your list.
1. Is it having a flexible schedule?
Many people who live and work internationally have had careers previously that kept them restricted or “tied down” to the job-so much so that they couldn’t take vacations and travel. Indeed, many times people find that they can’t even take the vacation they have accrued on the job because there aren’t backups in place to cover the work when they are gone. Maybe you have retired from the corporate world and still want to be productive and generate some income, as well as, travel and experience other cultures. If one of your priorities is to have flexibility in when you work and what time of day (or night) you can work, then an ecommerce business may be a good fit.
2. Is is the desire to become “the captain of your own ship” – be your own boss?
Have you spent your career and working life dealing with people first-hand and on the front-line? Maybe you have been in sales or customer service, or human resources, or a manager of people. Yes, having your own business means that you will do a little of all of these, but you are in charge. That makes all the difference. You set your goals. You make them happen. There is no corporate chain of command you have to go through. It is all yours! You don’t have to report to anyone how many hours you worked in a day, or how many days you toured the ruins. You work as you decide you need to. How does that sound to you?
3. Having a portable business that you can do anywhere?
If you love to travel and see new places, you may find that being able to run a business from wherever you are makes perfect sense for you. Can you see yourself in Costa Rica working from your room with a view of the beautiful coast? How about sitting at a vineyard in Tuscany and processing transactions before you tour wineries? How about living in the South of France and earning an income while you shop in the village square for the fresh dinner you are making that night?
4. Is it the desire to see something you start flourish?
Building a business and seeing it grow. Maybe you have worked for someone else your entire career life and have longed to have something that is your own. Building a business is a dream many people have but never act upon. Being able to achieve this while experiencing different cultures can be your absolute, ultimate life!
5. Do you want to leave a legacy for your family?
Perhaps you have a dream of building a business that you can leave to your spouse and/or children. Maybe you have your own retirement fund in good shape, but you don’t have enough saved to live a long life with travel included and have something left for your family. Doesn’t being able to travel and build a business at the same time sound too good to be true? Well, it isn’t. You can make it happen, and this may be the perfect solution for you.
Live and work from anywhere – is this the “Life” for You?
By writing down your priorities, you begin to understand more fully the aspects of what a life of traveling or living in another country may look like. Exploring your goals, both personally and from a business standpoint, helps you in determining the most important things about being able to live and work living internationally. Seeking out forums and blogs can give you information from others who have done it so you can benefit from their experience. Attending conferences such as the “Fund your Life Overseas Conference” saturate you with many possibilities for business opportunities abroad. You can learn how you can work from anywhere in the world and what business opportunities will allow you this freedom and flexibility!
There are many things to consider when thinking of owning your business and working abroad. Hopefully, we have helped you get started on the path and generated some thoughts. You may just decide that starting your own business and being able to live and work internationally is the “life” for you!