“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” – Jim Rohn
Working remote? Ready to combine work and adventure?
Already working remotely full-time doing work that is virtual and location independent? There are many compelling reasons to move to a low cost locale in 2012.
Congratulations. You Earned the prize and achieved the dream of location independent remote work. Welcome to the virtual lifestyle.
Note: If you do not work remotely, only work remotely part-time, or need to be located in a particular city, don’t worry, we can still help you.
Now it’s time to take advantage of your freedom and maximize the virtual lifestyle.
So what do we mean by maximize the remote worker lifestyle you ask? The answer is to maximize your quality of life when working remote.
Now the tricky part. Quality of life means many different things. We are going to assume the following general assumptions about quality of life is for most people.
Quality of life.
1. Work fewer hours.
2. Have more free time (this is different than work fewer hours)
3. Make more money.
4. Make your money go further.
5. Do interesting things.
6. Grow as a person.
7.spend more time with family.
Ok,we have defined quality if life. Now, how do you achieve this?
Move to a lower cost locale. Sounds good so far.
What is a low cost locale?
1. Low housing costs.
2. Low cost services (medical, dental).
3. Low cost basics (food).
The best countries to relocate too are often in middle income countries in Central America, South America, Asia, or Eastern Europe.
Because incomes are so low compared to the U.S.A,Canada, Australia, New Zealand, Japan and Western Europe, you get the following bonus advantages.
1. Affordable domestic services, For example, live in maid, driver, etc.
2. Warm climate in most low cost locales.
3. Learn a new language.
4. Learn a new culture.
Sounds like heaven or earth right?
Well it almost is, but be prepared for the following downsides, cons, and annoyances.
A few downsides.
1. Everything moves at the speed of local time. Western culture places a high value on timeliness.
2. Some conveniences are more expensive and possibly more difficult to find. For example, brand name clothes.
3. You will miss family and friends.
4. Crime rates can be higher depending on the locale.
Great, sign me up, I’m ready to pack my bags, now what?
Before catching the next flight to Brazil to work remotely from your beach front apartment, margarita in hand, do the following:
1. Make a list of the attributes you are looking for in potential cities.
For example, I am young, don’t have children, speak Spanish, like hot weather, and am very familiar with Latin culture, so South America is a good pick for me.
2. Research potential cities, if possible talk to people who have lived there, both locals and ex-pats.
Research on the web, check with your local embassy in each country.
3. Try out a new city first.
Make sure you visit first and make sure it lives up to your expectations.
4. Check for visa and immigration requirements.
5. Get allow the applicable shots and immunizations.
When you are ready to move.
1. Start with a short term furnished rental until you are familiar with different parts of the city.
2. Acquire local health insurance.