One question that I get quite often from foreigners who are considering relocating to Panama is “How can I earn money when I get there?” For many, the options are limited because they don’t have a work permit, they are a Pensianado (retiree) and so they can’t work in Panama, or suitable jobs are just not available. One viable solution is to look to the internet for opportunities of earning income online.
Whether you are interested in a little side money or a way to support yourself and your family, the internet offers thousands of ways to generate revenue. In fact, the sky’s the limit in this virtual world and the options can become overwhelming pretty fast. I are going to share with you some of the proven techniques that have been shown to work over and over again for many people, most with no prior experience or internet skills required.
Some of the options you can look into are:
- Freelancing – If you can research topics online and write about them, you may be able to generate income by selling articles to others. No need for a website or specific knowledge, just a skill for writing.
- Self Publishing – Have more than just short articles to offer? Time to turn that idea you’ve had in your head for years into an Ebook and earn revenue with it.
- Affiliate Marketing – By posting a few ads and articles, even articles that other’s write, on a simple website, some people are making thousands of dollars per month by getting a commission every time someone comes to your website, clicks on something and makes a purchase. You don’t have to sell anything yourself, just be the platform!
- Authority Sites – If you know a lot, or have a passion to research, about a specific topic, you can create a website with information others are looking for. There are 2 billion people searching the internet at all times! There is a niche for everyone. Monetize the site with advertising sales, Adsense, and more.
- Amazon Product Sales – Yes, this is a whole opportunity in itself! You’ve all probably bought something from Amazon in the past; you can profit from selling almost any of the 1000’s of products there.
- Professional Sites – If you have knowledge about a specific topic, and the desire to create your own products, there are possibilities for generous earnings here. You can sell your products and services or study courses and even learn how to create and make money with membership sites.
Please keep in mind that none of these techniques are “get rich quick schemes”. Some of them take weeks, months, or even years to develop into substantial earnings. A lot depends on how much you are willing to commit to making it happen. The first thing you need to do is to decide what it is that you really want. What are your financial goals? How much time are you willing to commit to accomplish your goals? Success is not just about the money you can earn either. What kind of a lifestyle are you hoping to achieve?
This is just an overview of the possibilities available to help you choose the path that fits your lifestyle and personality best. It will be up to you to decide what’s right for you and what you’re willing to do to get there.
Request our FREE ebook with many more ideas for earning income: Fund Your Freedom