How to Become an Expat – Quickly.July 30th, 2010 by The JetSetter Team | Comments Off on How to Become an Expat – Quickly.
Are you ready to learn how to become an expat? Or maybe the word sounds a little sleazy to you and you’re not even sure what it means. Good thing you found this blog today, huh? Expat is short for expatriation, which means to voluntarily leave one’s native country. Why do that? For those who don’t feel the artificial constraints of national boundaries, expatriating is the next logical step when quality of life issues such as high prices, overcrowding, or bad weather make distant climes seem like a good idea.
For many, it comes down to simple economics and the desire to spend the retirement years (early or otherwise) near swaying palm trees and indolent beaches or walking European cobblestone streets in your personal Jason Bourne adventure. But how does one – starting from scratch – reach that exalted land of permanent vacation, in short, how to become an expat…quickly?
It’s no secret you need cash flow. The good news is it doesn’t have to be a Trumpian monthly amount unless you have out-of-control leisure tastes. In several emerging Latin American countries, a $1,000 to $2,000 per month income will get a couple by quite nicely â€“ make that QUITE nicely. If you already have cash flow in that general range, you could begin looking at beach front living in places like Costa Rica, Panama, Ecuador, Belize, or Uruguay immediately.
Better get a passive income side business going that will raise your income to that level. Achieve that and you can live anywhere you want. With passive income you can become an expat while your neighbors back home are still gulping down caffeine and auto exhaust in equal quantities on the morning commute to Deathville.
The Jetsetter Team
Flickr / Ed-meister
Tags: how to become an expat