subject: Living Free - Why You Must Become A Laptop Entrepreneur [print this page] More and more Internet entrepreneurs are choosing to live in Thailand, The Philippines, South America, Cyprus, or other countries where the cost of living is as little as $10 to $30 a day.
They can experience an amazing lifestyle, whilst saving thousands of Dollars, Pounds, or Euros and building their wealth (often tax-free), every single month.
There are certain places- Tanzania, Thailand, Cambodia, Ecuador - that are so incredibly cheap that it seems unreal. Or Chile, in South America, a stable and safe country where the cost of living is about 40% cheaper than in Europe.
Quite a few of my fellow Laptop Entrepreneurs, like David Cavanagh, Mitch Sanders, Greg Jacobs, and Aaron Darko, have moved to Thailand where - according to one of them - "You can live like a king, for just $1,500 a month!"
Or my friend Warren who recently moved out of his small 2,000-a-month one-bedroom apartment in Kensington, London (one of the most expensive places to live in the world) to move into a fantastic 4-star hotel by the coast, in Andaluca, Spain, at a cost of just $900 a month!
Or my friends who have moved to a 2-bedroom apartment on the 5-start golf resort of Aphrodite Hills on the Mediterranean island of Cyprus, by the beach, complete with high-speed wireless Internet. The cost? Just $1,200 a month!
Or my clients Alex and Matt Santoro who make a full-time living online thanks to SEO and their websites that sell information-products ('How To Build Your Own Chicken Coop' is one of them!), who have recently left rainy England to move their entire family to sunny Sicily, in Italy!
Or Clive P. quoted in the Daily Telegraph as saying that one of the world's best places to live is Michamvi Pingwe in Tanzania, "a typical African fishing village and one of the greatest living beaches in the worldif you want a unique and healthy lifestyle in one of the most evocative and exotic places on the planet, this is the place. The sun always shines, the water is always warm, the sand always pristine, the fish always fresh and your money goes on for miles and miles, just like the emerald azure water."
I believe most people could experience a dramatic increase in their enjoyment of life, quality of life, and standard of living by making just a few smart lifestyle decisions.
Being a Laptop Entrepreneur is a vital step in minimizing your tax, maintaining your quality of life, and protecting your assets!
Furthermore, in today's world, to ensure that you preserve your wealth and your standard of living, you need to take active steps to minimize your tax and protect your assets. This can mean choosing to live in a country with a high standard of living, as well as fantastic weather and very low tax!
The world is changing. Governments are broke. They're selling off their assets to pay off their massive debts (the wonderful euphemism for that is 'privatization'), they are devaluing their currencies (through inflation), and increasing taxes. In the UK, they are planning to raise the retirement age to 70 (this means their social security and pension programs are on the way out, say some)
By printing a lot more money - more money than there are products or services for - central banks are essentially devaluing their currency and making everything much, much more expensive for you, the consumer! (Few people understand this, but inflation is a 'stealth' tax on your income, that keeps eating away at your purchasing power).
As a result, the average worker is now on this relentless mouse wheel, where they have to keep running faster and faster just to stand still (the aforementioned 'rat race').
In many western countries, workers' purchasing power keeps falling, the prices of goods and services keep rising, whilst taxes keep eating away at your income more and more. You might find that soon, having an Internet-based business, far from being some fancy idea, becomes an absolute must!
Many Internet marketers today set up their businesses in Singapore, and get a Singapore or Hong Kong bank account. In certain circumstances - and please get the advice of a professional international tax lawyer before taking any action on this - they can pay as little as zero tax!
Did you know that in the Seychelles, the personal tax rate is ZERO, the corporation tax is ZERO, the capital gains tax is ZERO, there is no VAT or GST tax, and you do not need to file accounts?
Did you know that if you don't live in a specific country for more than 4 months of the year (the 'Perpetual Tourist' or 'PT' lifestyle) you could - in certain circumstances - not have to pay taxes in any country?
Laptop Entrepreneurs' Internet businesses allow them to take advantage of incredible lifestyle opportunities and make the most of cost-of-living and lifestyle arbitrage opportunities between countries.
Imagine earning British Pounds, Swiss Francs, or Australian dollars and spending just a few Thai baht, Philippines peso, or Indian rupees!
On the other hand, if you own a traditional bricks-and-mortar business, you are pretty much tied to the country your business is based in, and forced to pay tax to the government of that country.
Not 1 in 100 entrepreneurs understand their true options.
Technology is making it easier to live where you want
Here follows a quote by Simon Black, editor of the Sovereign Man newsletter, that I want to share with you:
"We live in a world where geography and borders are becoming less relevant no longer the ball and chain that they used to be. Technology is making it easier to live where you want, and work where you want, without the two necessarily being the same.
This isn't just for online businesses and bloggers, though those two business models clearly work in a borderless world. There are literally hundreds of options- self-employed professionals who have infrequent client meetings, traders, designers, programmers, media workers, telesalesmen, analysts, customer service workers, etc."
Over the next several years, I predict a massive demographic shift as more and more people begin to push beyond their home country and explore these kinds of opportunities to live overseas while earning a living back home.
This is a consequence of all the various debt, economic, and resource crises around the world; fed up with the situation at home, whether it be rising crime, higher costs, lack of job prospects, or the growing police state, many people will start considering a move overseas, where in many cases, the grass actually is greener.
