We recently ran a four-part poll to find out a little about readers’ plans for moving overseas. We asked four simple questions:
- Where do you currently live?
- If you still live in your home country, how soon do you plan to move overseas?
- After you move overseas, will you need to generate income?
- How will you earn money overseas?
We learned that the vast majority of respondents – 80% – currently live in their home country.
40% plan to move overseas in less than one year, and 60% plan to move overseas in 1-3 years.
Most are not planning to retire, however. 80% will need to generate income after their international move, and 20% are not sure.
When asked how they plan to generate income overseas, half indicated they will engage in self employment, another 25% will telecommute to a job, and 25% will live on investments. None of the poll respondents plan to take an overseas assignment for their current employer.
In summary, most of you, Dear Readers, are planning to move within three years, and you’ll have to generate some income in your new home. To help you with that, we will begin discussing some self employment possibilities and sharing some first-hand experiences from folks have already established some self-employment income in their new home countries.
If you currently live outside your native country and are self employed and willing to tell us about it, please click the Comments link below, or contact me.
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