Vacation rentals are a great way for an investor to create an income overseas but, unless they’re living next door, anyone who owns a vacation rental needs someone to manage it for them. Property management is a business you can start with absolutely no investment. You are simply trading your time and effort.
There is business opportunity in overseas weddings…and Costa Rica is emerging as the new place to be. For some couples, the dream wedding doesn’t take place in a fancy hotel ballroom in their home town. They opt for a destination wedding in an exotic location. It’s estimated that about 8% of U.S. weddings are held overseas, with Mexico being a perennial favorite due to its proximity and established tourist infrastructure.
I ’ve noticed there is a trend that the more a population is used to going to the beach, the better in shape they want to be. Think Rio or Sydney’s Bondi Beach. On my last trip to Australia, I was completely blown away by the market penetration of fitness and health clubs. I counted up to three fitness clubs in the same block. Even the iconic family of brands owned by Sir Richard Branson had a share of the pie there, under the name of Virgin Active.
Moving overseas can bring some challenging choices, especially if you have school-age kids. But a little research shows there are schools overseas for every budget, academic goal, and personality. You’ll need to weigh the cost against your preferred curriculum, as well as take into account the needs of your child and the academic culture of available schools.
Jennifer Posner fell in love with San Miguel de Allende during trips there as a young girl. In 2007, when it came time for her “to unplug from corporate America,” San Miguel was the first place she thought of. Now she makes her living there from a quirky, but successful, catering operation. She’s taken the American food truck concept from the streets to private catering gigs and just about anywhere there’s a gathering that needs to be fed.
My husband, Kevin, and I both turned 30 this year, and while the rest of our cohort is punching a time clock and climbing up the bitter corporate ladder, we’re sipping sangria on the balcony of our seafront apartment on Spain’s Mediterranean coastline… savoring café con leche (Spanish coffee) as the sun rises…or celebrating with cava (sparkling wine) under the moon.
Imagine if work involved saddling up and taking to the trail instead of being stuck in morning traffic, heading into the office. You don’t need to have a lot of money to work with horses overseas. If fact you don’t need to own much land or spend a fortune buying horses to set up your own business.
Among the advantages that Uruguay offers to businesses from around the globe are its various Free Trade Zones (FTZs). FTZs are specific geographic areas within the country that are not considered Uruguayan territory for customs purposes, and where you can avail of important tax exemptions.
At the end of the calendar year, we hear a lot about goals and resolutions. Television reporters with slow news days on their hands take to the streets to inquire about changes folks are planning to make in the coming year. A few weeks later, the same reporters will share statistics of all the health club dropouts and other abandoned resolutions.
Tom Vercillo is paid to know the best places to wine, dine, and sightsee in the beautiful cities lining the Mediterranean…from Turkey to Italy and beyond. Regularly sampling the region’s finest offerings is just one of many perks in a career that sees him cruising around the Med’s warm waters seven months a year, stopping at exotic new locations almost every day.