These days, the American Dream is often termed the American Nightmare. Hellish hours are the consistent norm as of 2012, with an estimated 60% of the population of the United States working at minimum of 40 hours per week, 50 weeks per year just to cover their basic cost of living. For the most part, people are living paycheck to paycheck, barely skimming by and having just enough to pay their basics. In some cases, people are choosing to juggle their bills, paying something late this month and then switching something else the following month so they can just manage to squeeze by. For these 60% who are living on borrowed money, there is no existence outside of work. Instead, there is only the endless treadmill grind if 40 hour work weeks and mandatory overtime until you are finally old enough to be "allowed" to call it quits at the age of 65.
Thankfully, there is a way to break out of this so-called American Dream. The location independent lifestyle is something that has sprung up in the past decade since the advent of global Internet, with more and more Americans looking beyond the borders of the U.S. to find stability and security in wages. It's not a new concept, since people have been living and working abroad for years, but it's one that is easier than ever now that the Internet is a global phenomenon.
This is the location independent lifestyle, also known as the digital nomad lifestyle. By living in countries around the world you can bypass the entire mortgage/debt/40 hour work week lifestyle and instead become a location independent traveler who lives anywhere you want, setting your own schedule and living a permanent vacation as a digital nomad.
This is the main reason so many people choose to become location independent. When you can live anywhere in the world so long as you have an Internet connection, you can go where you want, and while $1,000 a month might seem like pennies back in the United States, in a country like Bulgaria, Italy or Colombia that money is worth the equivalent of around $3,000 to $4,000, which means you are essentially three to four times beyond what your actual salary is. This is the allure of the digital nomad lifestyle, because any social media manager, writer, artist, pensioner or individual with some type of digital income coming in can pursue the lifestyle.
Almost every country around the world has the flexibility to allow you to pursue the location independent lifestyle, because they usually only have a per month requirement for income and then a couple of weeks of waiting for your application to be approved. As long as you can provide proof of income or pension on a monthly basis, you are good to go. Usually this is around $1,000 per month for countries like Mexico, Colombia and Bulgaria, for example, and once you prove to the government that you make the minimum you can move ahead into the digital nomad existence. You won't need a 30 year mortgage where you are going, because the sky is very literally the limit when you can make $4,000 or $5,000 per month on your average salary but only need to use $1,000 per month on your actual cost of living.
Thankfully, there is a way to break out of this so-called American Dream. The location independent lifestyle is something that has sprung up in the past decade since the advent of global Internet, with more and more Americans looking beyond the borders of the U.S. to find stability and security in wages. It's not a new concept, since people have been living and working abroad for years, but it's one that is easier than ever now that the Internet is a global phenomenon.
This is the location independent lifestyle, also known as the digital nomad lifestyle. By living in countries around the world you can bypass the entire mortgage/debt/40 hour work week lifestyle and instead become a location independent traveler who lives anywhere you want, setting your own schedule and living a permanent vacation as a digital nomad.
This is the main reason so many people choose to become location independent. When you can live anywhere in the world so long as you have an Internet connection, you can go where you want, and while $1,000 a month might seem like pennies back in the United States, in a country like Bulgaria, Italy or Colombia that money is worth the equivalent of around $3,000 to $4,000, which means you are essentially three to four times beyond what your actual salary is. This is the allure of the digital nomad lifestyle, because any social media manager, writer, artist, pensioner or individual with some type of digital income coming in can pursue the lifestyle.
Almost every country around the world has the flexibility to allow you to pursue the location independent lifestyle, because they usually only have a per month requirement for income and then a couple of weeks of waiting for your application to be approved. As long as you can provide proof of income or pension on a monthly basis, you are good to go. Usually this is around $1,000 per month for countries like Mexico, Colombia and Bulgaria, for example, and once you prove to the government that you make the minimum you can move ahead into the digital nomad existence. You won't need a 30 year mortgage where you are going, because the sky is very literally the limit when you can make $4,000 or $5,000 per month on your average salary but only need to use $1,000 per month on your actual cost of living.
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For more information on the location independent lifestyle, you can check out Marginal Boundaries, a global leader in the digital nomad lifestyle.
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