Freelancers work from home and most of them have tough times selecting the best countries with good atmospheres and a cheap cost of living.
Freelancing, as awesome as its incredible work from home opportunity sounds, it gets boring, lonely and there is a drastic reduction in social relations. Here are the 5 cheapest countries to live as a freelancer, coupled with living a fun filled life and increased social relations.
1. MEXICO;
Mexico as a country has made way for many experiences for freelancers to explore, a cheaper cost of living for the people to enable a comfortable lifestyle without excessive spending on living expenses.
Mexico’s exchange rates are favorable and the country’s geographical location has opened up opportunities for easy access to global markets. So far, there has been a massive growth in its freelance economy and a pleasant quality of life for freelancers.
Mexico is quite close to the United States and this makes it an attractive option for freelancers that travel back and forth for meetings or other reasons.
The country’s geographical position and time zones attracts clients from North America, Latin America and Europe.
However, legal requirements, tax duties, and personal preferences should be considered.
2. PORTUGAL;
Portugal has gained popularity among freelancers due to its lower living costs compared to many Western European countries.
Its tax benefits provide opportunities for tax savings for freelancers and a good quality of life that can be seen in its beautiful landscapes and relaxed lifestyle.
Freelancers who depend heavily on reliable and fast internet connections to work and communicate with clients, are welcome to benefit from the strong digital infrastructure.
Portugal has a thriving entrepreneurial ecosystem and European Union that grants freelancers access to the European Union single market.
This therefore assists freelancers who are working with professionals across the European Union without facing significant barriers..
However, extensive research and guidance are essential.
3. THAILAND;
Thailand is known for its hospitality, amazing scenery and of course, its low cost of living.
Outside major cities, food, transportation, accommodation,and entertainment expenses tend to be affordable.
Also, It is a popular freelance destination as a result of its visa options, the most popular visa option for freelancers is the Non-Immigrant O visa which allows for extended stays of up to one year. Additionally, there is a smart visa program designed for entrepreneurs, investors, and highly skilled professionals.
For people who live in urban areas, Thailand offers reliable internet connectivity, a well-developed infrastructure and co working spaces.
Flights to neighboring countries are cheap and the country’s quality of life is characterized by beautiful beaches, tropical climate, and delicious cuisine.
Thailand has several communities for freelancers, making connections simple and easy
4. INDONESIA;
Indonesia is an appealing destination for freelancers seeking a low-cost lifestyle.
In Indonesia, the daily expenses, especially in smaller cities and rural areas, tend to be affordable. This is advantageous for freelancers, especially those with project-based incomes.
Now, Indonesia has numerous visa options that benefit freelancers, and the most used is the Social/Cultural Visa (B-211 Visa). This allows for extended stays of up to six months which can be extended further.
Indonesia has also introduced the Work Visa (ITAS) for foreign freelancers who wish to stay in the country long-term to work.
The country’s robust digital infrastructure, co-working spaces and freelance communities provide productive environments and the bonding of like minded individuals..
Consultation with support organizations is beneficial.
5. VIETNAM;
Vietnam has developed as a popular location for freelancers looking for an economical but enriching experience.
The cost of living is substantially low with economical housing and low-cost transportation options.
Its central location in Southeast Asia fosters entrepreneurship and as for the freelancers residing in Vietnam, they can discover a welcoming environment and plenty of options, thanks to a thriving startup sector and robust digital infrastructure.
The most common out of Vietnam’s visa option is the one-year tourist visa, which can be easily extended by exiting and re entering the country. They equally offer the e-visa and visa exemption for citizens of certain countries, allowing for shorter stays without the need for a visa.
Major cities have good internet connectivity and high speed internet is becoming more accessible throughout the country.
The available co-working spaces are active and have a vibrant community who come together to share experiences. This is important for freelancers to connect and get to know each other outside the online world.
In conclusion;
Freelancing in low-cost countries like Thailand, Vietnam and Portugal, Indonesia,Thailand offers financial independence, cultural immersion and unlimited travel options.
This allows you to maximize earnings and enjoy new experiences