John_Maxwell_IV comments on Post ridiculous munchkin ideas! - LessWrong

55 Post author: D_Malik 15 May 2013 10:27PM

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Comment author: Omid 10 May 2013 07:07:50PM *  5 points [-]
  1. Find a job that you can do remotely. Camming, tutoring, and hypnosis are low-barrier jobs that fit the bill, but if you have the skills you can do things like consulting or programming.
  2. Move to a country a low cost of living and/or low income tax. Costa Rica has a flat tax of 15% on self-employed workers, and a fairly liberal visa policy for people who work via the Internet. EU citizens should consider Bulgaria, which has a 10% flat tax on self-employed residents and about 1/3 the cost of living as the UK.
  3. Save money!
Comment author: John_Maxwell_IV 11 May 2013 08:10:19AM 7 points [-]

I always figured a better idea was to live in an area with really high cost of living with salaries to match (e.g. be a software developer in Silicon Valley or a quant in New York), but maintain a middle-class standard of living, save a big chunk of your salary, and then go live in an area where the cost of living was much lower.

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