I have been abroad for ten years – and spent very little Amount Compared to my previous residential expenses in the US
When you find the idea of ​​a full -time traveling, Try these points with full -time digital nomads.
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Make a series of income
The biggest obstacle to living as a digital nomad is free income from the location.
Chris Uberman, Long -term Expat and Travel Blogger To transfer JackRecommended to create a number of revenue streams. “If you are going to work abroad, don’t bet on a horse,” he said. This is not a good experience of losing its only source of income in a foreign country.
In addition to launching a travel blog, Oberman has worked as an advisor, taught English, created electronic music and promoted stage performances.
Coreta Lewis has been living as a digital nomad for five years and has made documents through her family’s journey.This is a family thing“And he also finished his job as an advisor.” This switch allowed us to go from $ 80,000 to more than $ 200,000 annually. “
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Start from these 3 areas
In my experience, the three regions of the world offer the best combination of cheap, safety and quality of life. Start by examining Latin America, South and Eastern Europe and Southeast Asia.
“I lived in my savings while traveling in Latin America and working on my travel blog”Solo Gypsy Travel“Isabella Biwa explained. “As a contemporary creator, I was occasionally living a lot of life while doing freelance work.”
Live like a local
Even in the aforementioned areas, do not expect to save as much money as tourists. Catruna Maria lives and founded as a digital nomad in Southeast Europe and Southeast Asia.Facts Institute“On the way.
“I try to avoid tourist traps and live like a local,” he said. “Ask where other digital nomads and workers are living and how to communicate at the best prices. When you find it cheap for renting at a good place near the working space and other facilities, this is half a war.”
Practice slower traveling
Digital Gypsy Marina Gasavino “launched”Directive“Extension of the travel browser during full -time journey.
“Living in one place for at least a month or two months allows me to know the cities, but also gives me the headspace that I need to pay attention to and pay attention to other things,” said Gostovino. “Low moving means spending less money on flights and trains, getting better deals on long -term stay and really knowing a place.”
Scores free accommodation
Who says you have to pay for hotels, airbuses or even long -term apartments?
Try to stay free in domestic homes in exchange for pet care. Check out the check out Trusted Hausters.com Or Mindium House.com To get a feeling for her.
As an alternative, you can consider home exchange or even voluntary occasions that provide free housing.
Buy International Health Insurance
You still need health insurance, but you don’t necessarily need to pay for expensive US health insurance.
“One of the biggest methods of transfer of financial risk when digital nomads lives in digital nomads is to buy an international health insurance plan that will pay for illness, injury and transport,” said Andrew Jarnagan, founder of the Travel Insurance Company. Insured nomads. “Some policies, even with travel intervention and delays, as well as migration, as well as if political unrest, terrorism or an epidemic or natural destruction.”
Avoid taxes (legally)
If you spend most of the years abroad, you may be eligible to exclude foreign earned income. Your first, 000 is 130,000 income tax free (0 260,000 for married couple)-read more irs.gov.
You can qualify for one of the two ways. You can either physically spend at least 330 days out of the United States a year or you can be eligible with long -term legal housing in another country.
He said, Seven corners CEO Jeremy Marvachland pointed out that you could pay taxes in your host country. He explained, “Talk to a tax expert before you leave so that you can budget for these payments or fully select a tax friendly destination.”
If you get a strategic about it, you can stay abroad. Choose your places well, be like locals and find ways to dig any American bills such as accommodation, car payment and US health insurance when you are away from your adventure.
More than the gobuncing
This article originally appeared gobankingrates.com: How to travel a full -time travel without being broken
