The International Expat Dream

Posted by The Popular News Today on Friday, August 3, 2012

By Benjamin Harper


These days, the American Dream is often termed the American Nightmare. Hellish hours are the consistent norm as of 2012, with an estimated 60% of the population of the United States working at minimum of 40 hours per week, 50 weeks per year just to cover their basic cost of living. For the most part, people are living paycheck to paycheck, barely skimming by and having just enough to pay their basics. In some cases, people are choosing to juggle their bills, paying something late this month and then switching something else the following month so they can just manage to squeeze by. For these 60% who are living on borrowed money, there is no existence outside of work. Instead, there is only the endless treadmill grind if 40 hour work weeks and mandatory overtime until you are finally old enough to be "allowed" to call it quits at the age of 65.

For many, there is nothing to look forward to other than a long, dark tunnel of never-ending tedium, working the same eight to ten hour shifts day in, day out, with maybe Sundays off, over a period of 40+ years until they are finally 65 years old and "allowed" to retire. These are the average, everyday living conditions of people in the United States.

This is the independent expat lifestyle, also known as the digital nomad lifestyle. By living in countries around the world you can bypass the entire mortgage/debt/40 hour work week lifestyle and instead become a location independent traveler who lives anywhere you want, setting your own schedule and living a permanent vacation as a digital nomad.

This is the primary allure of being an expat. Digital nomads can exist anywhere there is an Internet connection. Expats can be writers, artists, designers, analysts, social media managers or any type of job that exists in the digital realm. They can also be pensioners. The only real criteria is that you have some form of monthly income of around $1,000 per month. While that $1,000 per month might not get you much back home, in places like Mexico, Thailand, Bulgaria, Italy, Colombia and beyond, that $1,000 is the equivalent of $3,000 to $4,000 per month.

Almost every country around the world has the flexibility to allow expats to pursue the location independent lifestyle, because they usually only have a per month requirement for income and then a couple of weeks of waiting for your application to be approved. As long as you can provide proof of income or pension on a monthly basis, you are good to go. Usually this is around $1,000 per month for countries like Mexico, Colombia and Bulgaria, for example, and once you prove to the government that you make the minimum you can move ahead into the international expat existence. You won't need a 30 year mortgage where you are going, because the sky is very literally the limit when you can make $4,000 or $5,000 per month on your average salary but only need to use $1,000 per month on your actual cost of living.




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