• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result

How You Can Earn Income To Fund Your Retirement Overseas

8 Ways You Can Make Money In Retirement

Live And Invest Overseas by Live And Invest Overseas
Nov 27, 2020
in Retirement/Living
0
Senior Couple Walking With Pet Bulldog

iStock/monkeybusinessimages

209
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

Finding a way to generate more funds when retired is something that’s probably in the back of the heads of many would-be retirees.

Getting a job in another country as a foreign resident is no easy thing. Often, it’s impossible. But, at this point of your life, do you really want to go to work for someone else anyway? Much better to start your own business…

In today’s world, it is easier than it’s ever been to go where you want and have the money follow, regardless of your schooling, experience, age, budget, or any other circumstances.

With that being said, here are 8 ways you can make money in retirement.

1. Property Rentals

For Rent sign in front of house
iStock/KentWeakley

If you like investing in real estate, why not build a couple of cabanas on your property and rent them out, short term for higher returns and long term for less hassles.

Once you have made the investment of buying land, it can be very reasonable to add a few cabanas and start making easy income with Airbnb. Or you could go further and build some condos. It all depends on how you wish to spend your time.

2. Organic Food Production

Fresh and organic food.
iStock/Julia_Sudnitskaya

Generally speaking, people are becoming more aware of the things they are consuming, and organic farmers market are becoming very popular. You can find most of them on the weekends and it’s a great way to socialize and get to know your local neighbors.

Using intensive organic food production methods and/or aquaponics, high-end and nearly impossible to find fresh salad greens, herbs, and other delicacies can be grown to supply the local market.

3. Become An Artist

Happy retired woman painting on canvas for fun at home
iStock/diego_cervo

Pablo Picasso once said, “Every child is an artist. The problem is how to remain an artist once he grows up.”

Photographers, dancers, painters, dancers, performers, graphic designers… There are so many ways in which you can become an artist… If you’ve got enough talent and consistency, a comfortable living can be made.

4. Online Work

Woman recording her vlog
iStock/RossHelen

Online work can take various forms, some more defined than others. Most online opportunities are flexible, meaning you could choose between occasional, part-, or full-time work.

These online career pioneers are known as digital nomads—their work is only limited to their internet connection. Otherwise, they are nomads tied to no one place. Some of the most common entrepreneurial digital careers include:

  • English (or other language) teacher,
  • Translator,
  • Proof-reader,
  • Researcher/fact-checker,
  • Blogger/YouTuber,
  • Consultant,
  • Mentoring and life coaching,
  • Day-trader.

5. Travel Writing

Male writing on laptop while relaxing on beach
iStock/grinvalds

You don’t need any formal training to make money as a travel writer, but you need to be able to express yourself… to tell a good story. And you need to be able and willing to travel. This is the ideal moneymaking strategy for someone who wants to travel and make money on the side at the same time.

You can live anywhere and you can move around as much as you want as a travel writer. Really, the more you move around the better.

6. Copywriting

Close up businessman writing content on notebook, using laptop at wooden table at office
iStock/Prostock-Studio

If you’re looking to earn more than side-gig income and have an understanding of how marketing works, think about copywriting rather than travel writing. The two are completely different.

Travel writers tell stories about places they’ve been and things they’ve seen, to entertain the reader. Copywriters on the other hand, persuade readers to buy something. Copywriting is essentially producing copy that sells.

A great copywriter can earn thousands of dollars per sales letter… plus royalties!

7. Open A Franchise

Wooden cube Stacked with Franchise business marketing icons
iStock/eakrin rasadonyindee

The best thing about opening a franchise is that you are working with an established business plan. Towns and smaller cities in developing countries have space in the market for new franchises.

Franchising is an increasingly popular way to make money abroad. Many of the most popular North American brands, chain stores, and outlets are now rolling out across Latin America, Asia, and Europe.

Step off a plane in Bangkok and you see 7-Elevens on every other street corner. Dairy Queen… KFC… Starbucks—the number of countries that don’t have branches of these international firms is shrinking rapidly.

8. Open A Bar Or Restaurant

Small business owners couple
iStock/Ridofranz

One of the most popular expat options opening a bar or restaurant can be a profitable venture. If you have the passion, skill, and are happy to work long-hours, this can be the dream job.

It comes with a higher risk though, as it’s usually not cheap to get started. One lower-risk option is to buy a food truck. These can be a great place to start out and build up a loyal following. If it’s a success, it could even pay for your next purchase.

Comments

Tags: 'Travel Writing'Copywritingearn moneyFranchisefund your retirementlive overseasmove overseasopen a Restaurantorganic foodProperty Rentalsretire overseasstart a business
Share84Tweet52
Previous Post

The Real Estate Market In Panama Is Recession-Proof, Take Advantage Of It Now

Next Post

¡Feliz Navidad! Celebrating Christmas In The Tropics

Live And Invest Overseas

Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

Related Posts

Beautiful tranquil beach sun rise in southern Belize.
Belize

Ask Yourself These Questions Before You Move To Belize

by Live And Invest Overseas
January 15, 2021
0

My wife and I have been full-time expats living in Northern Belize, maybe the least-known part of this country, for...

Read more
Beautiful Wooden pier view in Belize.

Living A Whole New Life In Belize

January 14, 2021
Perfect tropical paradise beach with palm trees and hammock 350x250

Most Frequently Asked (And Not So Crazy) Questions About Retiring Overseas

January 10, 2021
Family watching sunrise on beach.

Moving Overseas Will Affect Your Family But It Can Be For The Better

January 5, 2021
Senior couple walking on the beach.

The 2 Biggest Concerns Retirees Have Before Living Overseas

January 4, 2021
Couple Enjoying Beautiful Sunset Walk on the Beach.

9 Critical Issues To Consider Before Deciding To Live Overseas

January 1, 2021
Elderly couple sitting next to other looking at the sea at sunset.

The Real Reason To Retire Overseas Is Purpose

December 30, 2020
Next Post
One male and two female, sit by the sea overlooking the Panama City skyline on Christmas Day.

¡Feliz Navidad! Celebrating Christmas In The Tropics

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

how to retire overseas

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2021

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.