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Good-bye rat race, hello paradise

2014-10-17 11:05:16

Alina Dizik

Good-bye rat race

There s no need to wait until retirement to get out of the big city rat race. Younger workers in their 30s and 40s are decamping without the cushion of retirement benefits to take advantage of living in paradise while working less.

While Costa Rica and Panama have long been expat destinations, Portugal and Vietnam are joining the list as they become popular with so-called digital nomads and others who want to leave the fast-paced life in their former hometowns for something simpler. These nomads generally run online businesses that are flexible enough to let them move on a whim. They usually work fewer hours than peers in the corporate world.

Taking this route is easier than ever due to better internet connections and new collaborative working spaces in places including Bali, Indonesia, and Chang Mai, Thailand. A 2014 survey of digital nomads found that 45% of responders moved within in the last year, according to oDesk, a marketplace for online work. Others work with local expats and build businesses that cater to their particular needs.

Here s a look at five expats around the world and how ve they ve ditched the fast life for a simpler one while still getting paid. Scroll through the images above to read their stories.