I know that when we began to look more in-depth at Costa Rica as our retirement destination, the reports of living on what seemed to be a minuscule amount of money seemed incredible, and sometimes the information came across as vague.
With almost perpetually sunny weather, glittering stretches of Mediterranean coastline, and a relaxed, easygoing lifestyle, Spain has long been a favorite playground for Americans on vacation. But plenty of business-savvy Americans are extending that vacation into a way of life, and making a prosperous living here, too. In a country where even the Prime Minister struggles to speak English, locals are only too aware of the need to improve, meaning native speakers can easily find work as English teachers and translators.
About a year ago, I woke up one morning in Chicago and realized that another endless day stretched ahead of me. Another day of the same routine, the same monotony, running in the rat race, racing as fast as I could to get...nowhere. Cliche, I know, but I woke up knowing that unless I made a substantial change, I would lose my zest for life.
"Wait, what? Don't move to Argentina, you can't speak any Spanish!" Everyone reacted the same way when I announced I was moving. My Spanish education consisted of one class I took for a few months when I was 11 years old.
We recently asked Nick a series of questions that IL readers have wondered about, including "Can I own real estate overseas in my IRA?" and "What else can I own in my IRA? Costa Rican farms? Boat slips?" and "Can I hold a mortgage in my IRA?"
I discovered the potential of ecommerce 14 years ago when I started my online maternity store...from my kitchen table. At the time, I was searching for a business that offered me the freedom to work from anywhere and the flexibility I needed to care for my young children after my husband was diagnosed with cancer. I found it in ecommerce. In its first month, my first site brought in $7,000. I was ecstatic. And it grew from there. I turned my online business into a multi-million-dollar business in a short amount of time.
The number of Americans looking for information about moving overseas increased a whopping 105% between the November 2016 presidential election and the January 2017 inauguration, according to the retire-overseas experts at InternationalLiving.com.
It's been a long time now since I transitioned from a traditional job to a footloose and fancy-free photographer but I'd do it again in a heartbeat. Location independent income has become a mandatory part of my life and I wouldn't have it any other way.
Cynthia West bounced through the door vibrating with the news she was about to tell her husband Robert. He listened with mounting glee as she explained her medical company's plan to inject some younger blood into the workforce. They were offering an early retirement package—one that would give Cynthia "an avenue of escape" from her high stress, 10-hour-a-day job in Silicon Valley. She grabbed the opportunity. Though Robert, 62, was working part-time...
I work in Paris, France with plenty of free time to explore this amazing city with my kids, because of my career. As a copywriter, I work about five hours a day, three or four days per week, and I can think of no better place to live. “Hey look Mama! It’s the Eiffel Tower!” “Hey look Mama! It’s the Eiffel Tower!”