The Freedom of Expat Living

July 1, 2012 · Posted in Business 

One of the primary reasons that the expat lifestyle is so important to so many people is the simple fact that you can control your life to a greater extent than you ever could while living back in the United States or the United Kingdom. Many people take for granted the fact that the so-called freedoms you have while living in Western countries come at a cost, and that costs continue to rise every year to the point where the land of the free is anything but.

Perhaps the easiest comparison to make for the uninitiated is between Mexico City and New York City. These two cities are both considered leaders in the global community in terms of population, banking, commerce and education. The cost of living in New York City is around $50,000 for bottom of the barrel living, but if you compare it to Mexico City you can have the exact same creature comforts and style of life for only $10,000 a year.

Think about the difference between these two cities for just a minute. Then reflect upon the fact that $40,000 is a lot of money to the average American, and when you consider the fact that these two cities are exactly the same on paper, you come up with a basic mathematical fact that even a child can understand. It is this reason that expats are choosing to leverage the power of cities around the world, because if a child can understand it, it’s a simple enough mathematical fact that adults don’t even need to think about.

This is what expat living is all about, and it is this reason that more and more people every year are choosing to live outside of Western countries rather than be held down by a prohibitive cost of living. When you can put tens of thousands of dollars a year back into your bank account, all while retaining the exact same amenities and style of living you had back home, there is absolutely no reason to stay in the U.S. or the U.K. when that freedom robs you of your bank account to the point where you are absolutely broke.

When you can put the vast majority of your income back into your bank account every year rather than spend it on the basic amenities that you need to survive, you can control your life to a greater degree than most people would have ever thought possible. There is no reason to spend 40 years of your life as a wage slave in a country that only allows you to put a few hundred dollars per month in your bank account, especially when you can have absolute freedom living in other countries where you can be retired long before your geriatric years.

You can choose the life of a location independent expat over one of suburbia, choosing to live in Mexico or other countries around the world to enjoy an early retirement.

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