Regardless where you live, it takes money to support the things you want to do and put food on the table. While many people have accumulated plenty of retirement funds to support the lifestyle to which they have become accustomed, others have not. Retiring overseas typically requires less, but that is not always true.
Here are 5 ways to fund your overseas retirement that you might not have considered.
Writing about the places you visit, whether that is overseas or right in your own nation, is a great way to make some extra money. Many travel related magazines will pay freelance authors for quality articles that help readers see travel destinations through a real traveler’s eyes.
With the right sources, you may even be able to sell multiple articles about the same trip. Often, travel writers get their travel expenses covered by the magazines for which they write.
Along with travel articles, once you have carved out a niche in the writing world, there is no reason you cannot write about other topics and get paid for those articles as well.
Bitcoin is often considered just a digital currency to be used for making purchases or sending money in an easy way. While this is by far how most people use it, there is more to Bitcoin than that.
Those in the know understand that it can also be an investment vehicle used to increase retirement earnings and more. With the enormous amount of investment potential it has, it can be an incredible means of adding to your income, just don’t ever use this risky investment strategy as you sole means of support!
I have been augmenting my expat income with Cryptocurrency investing for the last year or so. If you want to learn how to invest in Altcoins there is a great training program that you can read a review of HERE.
Photography in also in high demand these days because written and visual content for websites helps sell products. If you enjoy snapping photos of your travels, you could generate some extra income by parlaying your hobby into a profitable venture. Free trips and hotel accommodations are often free to travel writers so that is an added bonus if you can arrange that.
If you play your cards right and figure out what type of photos buyers are searching for, you may never even need to leave your hometown if you’re willing to take photos of your friends, family and the city in which you live. It is also possible to post photos on stock photography websites to make a passive income selling them multiple times.
Copywriting is another money making opportunity and you can take it with you anywhere as long as you have access to the internet and a computer. We’ve all bought educational courses, health supplements, tours and so much more just because of reading good copy.
Non-profits use copywriters to help them raise funds and companies of all kinds do the same thing to sell their products. Someone is going to get paid to write advertising copy, so why shouldn’t that someone be you? Take your writing wherever you go and you can still be making money in your spare time.
Internet Marketing is another means many are using to add to their overseas retirement income. There is a vast array of methods by which entrepreneurs can promote someone else’s or their own products, no one should be at a loss as to ways they can start or add to their online income.
Your niche might be cooking, art, or whatever captures your interest.
If you are a travel lover, consider turning your passion for travel into a tour business. The more unique and creative your ides is the more likely it will catch on and start generating the income you need while keeping even you entertained.
Did you know that Pier One Imports was started out of a love for travel and importing the items a couple found during their trips overseas? Import/export businesses create enormous incomes for many people each year. Why not consider getting in on the gold mine.
Of course, there are many other things you can do to increase your earnings now and while you are living overseas.
While we have provided you with 5 ways to fund your overseas retirement, that doesn’t mean you cannot come up with others that are right for you. Remember, the way to make your dreams come true is to simply take that first step.