If you are looking for a fresh start, then relocating to another country is something you should consider. Before you make a decision regarding where you want to move, you need to do your homework. Over the past few years, Portugal experienced a lot of growth. In the past year, the number of people immigrating to Portugal has increased by over three percent.
Moving to Portugal allows you to take advantage of the warm climate, quality medicine, and great tax benefits this country has to offer. If you decide that Portugal is the place you want to be, then you need to think about how you will make money in your new home country. The last thing you want to do is make this move without a plan of how you will pay for your living expenses. Read below to find out more about how to make money once you relocate to Portugal.
Think About Starting an Online Drop Shipping Business
When trying to figure out how to make money abroad, you need to consider starting an online business. Since the beginning of the pandemic, the eCommerce industry has generated over $26 trillion worldwide. Selling products to tech-savvy consumers can be extremely lucrative. Some newcomers to the world of eCommerce think that they need a large warehouse and an extensive inventory to start making money. In reality, all you need to start an eCommerce business is a great-looking website and the help of a drop shipping service.
A drop shipping service will provide you with the inventory and shipping logistics needed to get your online store off the ground. However, you will need to build a reliable and appealing website to market these products. If you are going to be running this business from your new home in Portugal, you need to find out more about the visas required to do this legally.
In most cases, you will need to apply and be approved for a Portuguese passive income visa. Ironing out the legalities of your new Portugal-based online venture can help you avoid problems in the future.
Use Your Skills To Become an Online Freelancer
Over the past few years, the number of remote workers has grown substantially. Some of the largest businesses on the planet are now using remote workers to fill tons of different positions. Taking the time to make a list of your skills and talents is crucial when trying to figure out how to make money in Portugal. If you have a talent for things like writing, graphic design, or social media management, you might be able to use these skills to land a remote position.
By taking a job as a remote worker, you will be able to do your job from just about anywhere. This is great news if you plan on traveling all across Portugal when you first arrive. Being successful in the world of remote work will require things like:
- Great organizational skills
- Reliable technology
- The ability to communicate
- A strong resume
There are tons of online platforms dedicated to helping freelancers find remote work positions. Platforms like Fiverr and Upwork are just a few of the most popular platforms for people looking for these types of jobs. While it might take some time to start making the money you think you deserve, it is worth the time and effort you invest. Honing your marketable skills and getting some experience under your belt is the best way to make yourself more desirable to companies looking to hire remote workers.
Teach English in Your New Country
English is one of the most popular languages in the world. The popularity of this language motivates many people in Portugal to learn it. Most people would prefer to have in-person instruction when trying to learn a new language. If you have a background in education and like helping other people, then you might want to think about starting a business where you teach English.
Not only should you offer in-person instruction to your clients, but you should also provide online classes as well. Advertising your new business online is a great way to find new clients. Taking the time to research your competition is crucial when trying to set the right prices. As you perform this market research, you also need to take notice of how competitors are marketing their services to the people of Portugal.
Tourist-Related Businesses Are a Good Idea
Did you realize that over 27 million people vacation in Portugal every year? This means there are a number of tourists looking for things like food, rides, and tours in this country. If you have the resources to invest in a few vans, then you can start to offer shuttle services to the tourists visiting Portugal. You can also take your love of cooking and use it to make money from these tourists.
Investing in a food truck is a great way to make money doing something you love. You can also set up a shop where you sell souvenirs. Providing tours to people visiting this country is also a good way to make money. Partnering with an experienced Portuguese local is crucial when trying to offer your customers a real taste of what this country has to offer
Create a Blog About Your Life In Portugal
As previously mentioned, there are a number of ways to make a good living online. If you like to write, then you need to find a way to make money with this skill. The best way to accomplish this goal is by starting a blog. If your blog is popular, you will have a chance to monetize it. Writing blogs about your experiences as an ex-pat in Portugal is a great idea.
These blogs will help to educate people about life in this beautiful country and how it is different from life in the United States. The main thing you need to focus on when trying to monetize your blog is promoting it. Establishing a presence online will require social media marketing campaigns and the use of influencers.
If you are unsure about how to boost the traffic to your blog, working with digital marketing professionals is a good idea. With their assistance, you will have no problem generating a buzz about your new blog. Once you have a large amount of traffic, you can start to think about monetizing this digital asset.
As you can see, there are a number of ways that you can make money in Portugal. Regardless of which money-making tactic you choose, you need to work hard to accomplish your financial goals.
