IL Magazine: Discover the Greatest Retirement Town +6 More SUBSCRIBE NOW AND SAVE 35% about subscribing to International Living Magazine For several years, former mortgage broker Michael Mack had a successful business flipping houses in Florida. When the bargains began disappearing, he decided to take a break and head to the Dominican Republic to figure out his next venture. He rented a place on the beach, and after soaking up the sun and the lifestyle for several weeks, decided he wanted to stay.
What if I could show you an easy-to-start, low-investment business that would allow you to work from anywhere in the world…and you’d only have to put in around four hours a week? Would you be interested? I’ve been working in magazine publishing for 16 years and have watched the way the business is unfolding. During that time I’ve developed a clear and easy-to-follow business model to take advantage of current trends.
If you love growing your own…pickling and preserving…smoking and curing… crafting gourmet recipes…or any manner of artisan food production, Latin America is ripe with opportunity. You can make a living selling your creations via farmers markets, food trucks, or small-scale distribution. Take Dom and Angela Najab, who left Toronto, Canada, in 2011 and arrived in Read more...: From Farm to Food Truck in Latin America
If you make your money online, there are some great benefits to locating yourself in Panama. One of them is gaining residence on the basis of your economic activity. Panama welcomes expats…and if you register your business as a corporation, you can easily apply for a residence visa. Online workers may not have the same need to officially register their business—the way bricks-and-mortar entrepreneurs do—but becoming a legal resident is a good idea.
Once you discover (like I did eight years ago) that you can travel and live abroad for extended periods of time—and still earn an income—your options change completely. And it is a lot easier today than it was eight years ago...