Money Generating Ideas While Living Abroad

by | Feb 11, 2022 | Global | 1 comment

One of the hesitancies that can prevent people from contemplating moving abroad is, “How am I going to live?”

Unless you are receiving a regular income such as retirement, rental income, having enough saved, or are an heir to Howard Hughes, you want to determine what your income source will be.

What can you do? 

Well, some people may get their current employer to allow them to work from anywhere because of advancements in tech. But if you don’t have that type of gig, there may be other ways to make a living no matter what country you’re in.

Tutoring Abroad*

remote work uploaded by Candace Vidyanand
Remote work uploaded by Candace Vidyanand
Do you speak English? Expats tend to gravitate to this method because it’s pretty simple to do. You can teach or speak English to those seeking to learn the language. You don’t necessarily need experience.

Colombia, just like many countries, is not a bi-lingual country and would welcome the help.

How do you get started? Good question… There are several websites, such as Tutor.com, VipKid.com, WyzAnt.com, italki.com, and Verbling.com, which allow you to register as a teacher and then match you with the students or organizations seeking your help.

*if certification is required, you can get HUGE discounts from Groupon.com

You are not limited to language. If you are a teacher, you can develop a tutoring service on any subject. Parents now are scrambling to locate people to help their kids due to school closure Covid restrictions.

If you really are entrepreneurial, you can bring on other teachers and help them expand their client base for a percentage of what you bring in.

FIVERR and Upwork for Working Abroad

Speaking of Fiverr.com, as well as Upwork, you can use these platforms to create a service that can be offered to those seeking help. Everything from graphic design, ebook creation, voiceover work, video creation and so much more.

It’s free to sign up. Go through the site to see the projects people are searching for. Create your profile, set your price, and the platform does the rest.

You can build up quite an income from providing your services.

Airbnb Experiences

One thing I did when I arrived in Medellin to get acquainted with the city was to go onto Airbnb and search “Experiences”. Here, people were offering everything from city tours, food tours, cooking classes, yoga, and cultural excursions, just to name a few.  If you have experience, a hobby, or just a passion for something that you like to share with visitors to a city, this can be a great way to get paid while doing it.  You schedule it and let Airbnb do the rest.

You could choose to keep all the funds by creating the experience yourself. I met a couple of young ladies from the states that were teaching and sharing their love of vegan dishes and recipes with visitors. They were in Medellin but had been to Vietnam, Southeast Asia, and Mexico.

They were traveling the world helping folks get veganized!
Great way to meet a ton of people from around the world.

Photography

Man with Camera by Peggy Marco
Man with Camera by Peggy Marco

Hey you are taking photos and videos of your new location anyway, right?  Why not turn those photos into cold hard cash. Companies like Istock.com and Shutterstock.com will pay you for your images.
Bloggers, website owners, content creators, and even journalists will be grateful.

 

 

Digital Courses

If you are tutoring, teaching, or have a hobby you can share, why not turn it into a digital course? With companies like Udemy, Teachable, and Gumroad, it makes it simple to record your instruction in written form or offer it as downloaded material.

This could turn into a very lucrative business that anyone can do from anywhere in the world.

These are just a handful of ways to generate income while abroad. But it doesn’t stop there. We are only limited to our imagination. Let us hear from you. How are you generating income while living abroad? If you want more money-generating ideas, let us know.

Ready, GO!

by: Gail Turner Brown