What Is a Location Independent Lifestyle?

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What Is a Location Independent Lifestyle?

What Is a Location Independent Lifestyle?

Location independence is a lifestyle where one is free of geographical commitments. With location independence, you are notWhat is a Location Independent Lifestyle? confined to one cubicle, office, city, or even country. One can work on the sunny beaches of Ibiza, or next to a fireplace in a cozy cabin nestled in the Andean mountains of northern Argentina. If you can create a location independent lifestyle, the world is truly your oyster! You can do what you want, when you want, how you want, without the constraints of geography. Two weeks vacation on a beach somewhere? Forget that, how about 52!

Imagine living in Kansas but making the salary of someone working in a high rise in New York City! Or, take it one step further, imagine living in a developing country where you can have drivers, maids, or an entire staff working for you. Doing all the things you hate doing back home like cleaning, running errands and laundry, for a fraction of what it would cost you back home - and you are still making that fat NYC salary! With geographical independence, you can enjoy living in luxury in a third world country, while earning a first world income, so your money goes further, much further! Do you want to order a massage once a year, or twice a week?

Tools like high-speed internet, smart phones and virtual offices have opened up many opportunities to complete tasks anywhere in the world. Anywhere there is internet, work can be done.

But how do I create a location independent life?

One of the keys to location independence is creating location independent income streams. In this brave new world you need more than one form of income to survive, such as stocks which pay dividends, income property, annuities or income generating blogs and websites. How many income streams do you have? And do they demand your physical presence throughout the year? Are these income streams tied to a specific country, state, or geographic region? Many people living location independent lives do affiliate marketing online or have an online store. They make money when they sleep, in clever ways.

The other key is outsourcing. Outsourcing manufacturing jobs is nothing new, multinationals have been doing one form or another of offshoring for decades, the economy has become global in its reach, and the world is now flat.

Ike Stranathan

Ike Stranathan

Ike Stranathan founded STAFFVIRTUAL in 2009 after moving to the Philippines from California. Ike lives just a block from his offices in Makati, Philippines, and is passionate about helping companies achieve dynamic growth by outsourcing.

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