If you have a digital business processes that really needs a single connection to the network for doing business, cooking, your concerns, a cost structure that maximizes profits and offers you a high quality of life. The production is to be in an environment where you're miserable difficult. With high quality of life is no guarantee of success, but it certainly makes it easier to be productive.
The problem is that most of the really nice places that are not exactly whatwould call "low cost" and to participate in a beautiful place you have to produce real business, or hold a job while you try to build your Internet business of living. At some point a balance of hand and your company will have enough time, you can not keep a job, to ask to pay the bills. If your Internet company does not produce enough to pay the bills, are just the options for reducing expenses and cutting, burning the capital, in the hope that your companyproduce more late or leave the business as a whole.
These are difficult decisions. Our voice is to minimize costs and save as much money as long as possible. The lower the burn rate, the longer they last, and therefore the better your chances of success.
For many people, this means looking for low-cost position, which offers even more to find high-quality infrastructure, and this usually means living somewhere that is not desirable and do not offer a very high quality of life.Sure, there are places in Kansas, where they're practically giving away homes, but who wants to have lived in Kansas? People who want to live in Kansas, are already there, but the state has a population decline because of all the people who are on the move. The same goes for North and South Dakota. Just think "40 degrees below zero" and get an idea why.
Most business owners agree that they are more productive in a comfortable environment.
They are radically reduce costs by movingOffshore
One of the best solutions to the dilemma is to move abroad to low-cost location with excellent infrastructure and in this article, we are the advantages of the 'island of Margarita to discuss.
Margarita is an island off the coast of Venezuela, and is the largest of three islands, the Venezuelan state of Nueva Esparta. Margarita is the cheapest island in the Caribbean, but has the advantage of not being an independent country. If you already havein other Caribbean islands, you already know what we're talking about: nations should be self-supporting and Iceland are usually through the mechanism of tariffs under the stars, so everything is very expensive on the island.
Margarita has a good infrastructure with DSL in the main cities of the island. Margarita is also a "free port" that does not mean eliminating all duties, but rather that the national sales tax (14.6%) in the note.It has an airport with direct flights to Frankfurt and Toronto (but not in the U.S. so it is necessary to transfer to Caracas), travel is not that difficult. It's not like in other places on the island, where "you can not get there from here, you must first go somewhere else."
Cost of living on Margarita
Where Margarita Island really shines is the low cost of living. A single person or couple to live comfortably on less than $ 1,000 per month (if they own their house or apartment), andwhich ends with a housekeeper and go out to eat at nice restaurants several times a week. The low cost of living is combined with a life on a tropical island, you only need a single cabinet, and formal wear is virtually unknown below.
Housing: Housing costs are reasonable. If you are looking for an apartment in a nice area, looking to spend somewhere between $ 70k and $ 40k up for a nice 2 bedrooms, 2 bathrooms (one can often find apartments for sale fully furnished). HireThe apartments may be for anywhere from about $ 400.00 to $ 800.00 per month for the really nice places: sea views, secure building, nice, nice neighborhood. Body is less desirable neighborhoods anywhere from $ 200.00 to $ 300.00 a month, but his Spanish was better than pretty good.
Health insurance and medical costs for individual health insurance costs of about $ 150.00 to $ 200.00 a month, but when you're young and healthy you can do without and just movingpublic health clinic in case of sickness (are free). Your Spanish must be sufficient for basic communication, and in case of hospitalization, you need someone who is not ill, treatment can help you (public hospitals do not provide sheets, blankets and food) have. Medical expenses for dental care is really cheap (they are typically 10% to 15% of what they were raised in the United States), and for any medical procedure you can think of is, in Margarita for 15 to 20% d% of what you pay in the United States. IfThey have a young family, you will see a drop in real costs.
A baby by caesarean section is higher than $ 2500.00 (all inclusive) for a 2 night stay in a good private hospital costs. Having a baby naturally over $ 1000.00 (all inclusive) for a 2 or 3 days without being in a good private hospital. First with a good orthodontist braces cost about $ 900.00 to 1600.00 $, depending on how much work is required. Minor liposuction is $ 100 or so will be great liposuctionupwards of $ 300.00 to $ 600.00. A major revision of cosmetics, the combination of liposuction with a facelift and a boob job for less than $ 3,000.00. Chelation therapy (IV with sodium-EDTA) is about $ 20.00 per session. Basic medical visits cost about $ 20.00 to see a good private doctor.
Auto Insurance: Obtaining insurance for vehicles offers you two options: Full coverage or liability only. The coverage costs about 15% of the value of the car a year. ResponsibilityThe insurance costs about $ 130.00 per year. No matter what type of vehicle, they do not care if you have a driving license or not, and there is very little paperwork, if you have an accident and are paid.
Vehicles: Used cars are more expensive, new vehicles are cheap (compared to the United States), and many other information please read our article on the purchase of a vehicle Margarita [http://bulletproofretirement.com/ public/220.cfm]. The cost of everything connected with the possession of a vehicle,cheap. We had just replaced a water pump, and the cost is $ 74.00: The shares were $ 45.00, $ 29.00 labor. Gasoline is about 12 cents a gallon, will be used to fill the tank with you to get small change.
Food: The food costs are very different than the U.S., on the basis that you want to eat what you eat and if possible, or if you want local products imported brand-loyal brand. We see the cost of food floating around half of what we spent in rural Kentucky, but we do not buy more processedFood.
Entertainment: This is a very variable cost. Eating out is cheap, with a 4 to 5 star restaurant costs $ 30.00 to $ 40.00 for two people, including a couple of drinks per person. The purchase of a bottle of wine will set the price according to your taste for wine (wine is also cheap). Dinner and coffee for two at a nice restaurant costs less than $ 20.00, and you can eat a full meal in a lot of places for about $ 5.00 to $ 6.00. Cinema tickets cost about $ 2.00 and can go to the beachcost anything from nothing (bring your own beach umbrella, food and beverages) for $ 20.00 to $ 30.00, depending on whether you rent an umbrella and chair and eat at a restaurant on the beach. Going to an Internet cafe costs about 50 cents an hour, sitting in the mall and people watching is free.
Telephone: Plan to spend about $ 40.00 to $ 60.00 a month for a combined home phone and cell phone, and DSL can get if your area, please visit the site to see CANTV chargeswhat you have to pay.
Electric: Depending on your accommodation and use. We have friends who pay more than $ 15.00 per month and we have more than $ 100.00 per month, the AC runs 24 / 7 poured into a large apartment. Some people bribe to "fix" a power company guy their feet so that it is a bit 'slow, and some people just connect a wire to the power line (illegal placement). It 'also common.
Water: Water is pumped from the mainland, and is incredibly cheap, perhaps $ 2.00 to $ 5.00 per month.Waste collection is contained in the bill. If you have an apartment, you'll probably see these expenses covered in your home.
In the first place of residence
The American people have the idea of doing things to increase the "book", but in Latin America is not so: in most cases there is a solution to the problem that the payment of a civil servant, always a special interest for your problem solved taking to include. And 'possible to live on Margarita Island as a tourist, go to the airport every three months andsomeone pays about $ 40.00 on immigration, passport with a stamp of entry and exit stamps to extend our stay for another 3 months. They must be able to do it once, but they do not care. They are spending money on their island and they are not causing problems, so what's the problem? Want to go? They have the money? No problem.
It 'can also get a permanent residency visa without too much trouble, and there are lawyers on the island to "accelerate" this can beSubject to payment. Pay them for their help and what they do for you is to take care of their business. The permanent resident visa is good for 5 years and you can have a cedula (ID card) to get, so you do not have to carry their passports with them. That makes you legally and do not worry about your immigration status.
Permanent residence to qualify for citizenship after a while '(the time depends on when the next election, it seemsSeñor Chávez to allow people to become citizens if they would vote for him). This is a great thing, because Venezuela is the Andean Community, exhibition passes, all the safety requirements for travel in the modern world to meet, and is good for visa-free travel in 56 countries, including most of Europe . In today's world with a second passage is very clever idea: you do not know what the future brings.
Doing Business
The ideal situation is to sell in the U.S.or in Europe (the charge of the U.S. or European prices), while living in a truly low-cost local, by offering a quality of life. Margarita is perfect for an entrepreneur who wants to do this digitally. The money that you are much farther to go than you think and what not to spend, save or invest and you can return to your business.
Adjustment of the digital economy of Margarita is not available. There are no licenses, permits or other problems. You can do more or lesswhat you want and not something to hide, nothing to hide. Since the state is, in essence, a tourist, you are treated with kid gloves: the authorities do not want to annoy the goose that lays the golden eggs, so the tourists instead of playing by themselves and spend money left over.
Taxation is another interesting topic. As an American citizen, if you live outside the United States has a tax exemption is $ 86,000.00 ($ 86,000.00 your wife can), then you have tax-freeIncome between $ 86,000.00 and $ 172,000.00. Venezuela is no tax on money you make outside the country, so do we have the best of all worlds: a very low cost standard of living, quality of life and not taxes.
What is important that a business model that works, and make the time to do business. A business model that will support the United States could very well give you a lifestyle you never Margarita in the United States. If you put the time andEffort in your company, you could finally see grow into a really nice source of income. While it grows to avoid taxes and have a very low cost standard of living. At a time like this, when income is high enough, you can add your company anywhere in the world, which has a 'network connection.
We're not talking about anywhere in the U.S. where you have so a low cost of living and high quality of life, such as Margaret got to know, and with its good infrastructure, is a perfect place for a digitalEntrepreneurs.
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