Comments on: Passive Income – Leaving Australia – the Practicalities

By: Dave

Dave — Thu, 02 Dec 2010 22:26:51 +0000

You don’t realize how much stuff you accumulate in two years until you start packing. Good luck packing and transitioning!

By: A Free Alternative to Scribe SEO - Free on-page SEO tutorial | Passive Income Online: Lis Sowerbutts

Mon, 26 Jul 2010 01:06:38 +0000

[...] having lived in Australia I know that Australia has huge issues with using the land inappropriately – [...]

By: stela

stela — Wed, 13 Jan 2010 19:40:51 +0000

i think the tips are really useful but so far i don’t need that and i wish that i never make use of it. so all the best with your move. keep it up

By: Joann

Joann — Sat, 09 Jan 2010 03:56:50 +0000

Good read. I’ll mark this and come back later.
I wish I had time to ravel more often, but my business keeps me here in the States.

By: karla

karla — Mon, 04 Jan 2010 05:14:43 +0000

Well, this information really helps especially if you are planning to leave the country and you have some businesses here. But if you still wanting to have the business, you have few options for it!

By: Lis

Lis — Sat, 12 Dec 2009 05:30:57 +0000

Thanks for commenting Cindy – I think one of the interesting things about making a living online is that you don’t really fit into either the tourist or the working holiday maker categories. Getting old has its benefits – for example Malaysia the retire to Malaysia program has very low captial or income requirements so long as you are over 50! But I agree you do need to think about your rights to stay long-term in a country before deciding to move there!

By: Cindy Says

Cindy Says — Sat, 12 Dec 2009 04:29:14 +0000

I’m with Dave Starr. There is absolutely no reason to give up accounts in your home country. I have wandered or worked outside the US for at least fifteen years, off and on. I have the same bank/brokerage account that I opened in 1987 in the US, and I haven’t lived in that state since 1989. Even when I move in the US, I don’t change much of anything. I maintain a box at a UPS store. I call periodically to see what is there. If some Neanderthal actually sends me a physical check, I have the UPS person open the envelope, write ‘for deposit only’ and the bank account number I give them on the back of the check, put it in an envelope and mail it. It happens once a year, about. It costs a little, but it works.

I run everything as if I were back in the US. There are people who have lived in Mexico for years and don’t have a Mexican bank account. Just like travelers, they use their American ATM card to get cash, carry American credit cards, and generally handle their finances as if they were on vacation from the US. In some countries you will need local accounts, but don’t give up your accounts back home.

Also, while Lis can move to Australia and work legally because New Zealnad and Australia have a treaty that says workers can move freely between the two countries. Generally, even if you are self-employed and not taking jobs away from workers, actually moving to a country and getting the legal right to work there is much more complicated.

For instance, in general, if you are from one of the countries that gets an automatice 90 day stay on entering Malaysia, you can only get one more 90-day entry. Then you must leave the country for, I believe, 180 days. In some countries getting a residence visa is easy, especially if you have a pension or some other dependable source of income. So, oranizing the move is really the second step. First you have to get the right to move in the first place.

By: Cata

Cata — Mon, 07 Dec 2009 07:36:34 +0000

I understand you perfectly. I recently moved into a new apartment and it meant hell for my online business, and I didn’t even have to change the city, let alone the country.

By: Agrande with online business opportunities

Agrande with online business opportunities — Sun, 06 Dec 2009 20:20:43 +0000

Just a note of good luck on the move Lis. You have helped me a lot in this business and I can’t thank you enough.
Also, your posts are always a joy to read (even if they don’t deal with passive income sometimes) I can’t wait to hear about your adventures on changing countries.
Keep smiling, we can live through a lot if we laugh.

By: Ruth - Web Career Girl

Ruth - Web Career Girl — Wed, 02 Dec 2009 16:14:50 +0000

Very interesting points. I think in future I’d like to be more mobile and this certainly gives a lot to think about. Hope everything goes well for you!