| 11:48 am on Jul 27, 2004 (gmt 0)|
with my Google account I could live in South America or in East Asia without making any other work!
If it should be a secure thing in future times, I could live in Nepal (or Butan, or a Oceanian island) like a king.
| 12:04 pm on Jul 27, 2004 (gmt 0)|
yeah, at the moment the UK is not the best place to bank $ checks, it pretty much halves them.
| 1:53 pm on Jul 27, 2004 (gmt 0)|
I could go live on an island in the Philippines where the forex is $1 = P55 pesos.
| 2:19 pm on Jul 27, 2004 (gmt 0)|
|I'm living in one of the South East Asia's country |
You already tell us where you are from.
Unfortunately, the higher exchange benefits are eroded with the higher price of goods other than the basic neccessities, isn't it?
| 2:52 pm on Jul 27, 2004 (gmt 0)|
Well, I live very well (as in I donít think about what I spend) on an amount of money that would put people on some form of social assistance in the states or western Europe.
Yes, Adsense is good. It creates ability to get dollars and yes there is a multiplying effect.
| 2:58 pm on Jul 27, 2004 (gmt 0)|
My guess would be that butterfingers is based in Malaysia. I myself lived long time in KL, JB, Penang and PJ.
Yeah, I love to stay in Southeast Asia and with the monthly Adsense cheques I get a lot of Baht, Dongs, Rupiah, Ringgits and Pesos.
Now my final wish would be, that I could just increase my CTR and EPC a little bit more so that I could settle down on the Maldives, Seychelles or possible Barbados.
| 3:25 pm on Jul 27, 2004 (gmt 0)|
|Unfortunately, the higher exchange benefits are eroded with the higher price of goods other than the basic neccessities, isn't it? |
But if you have the almightly dollar that you receive on a monthly basis, even with the high inflation, life can be good. In the Philippines for example, the average ANNUAL income is around $2,762 (give or take a few). Imagine if you earn $3,000 per month from Adsense -- you earn in one month what an average Filipino earns in a year! You'd be living large with the Adsense money.
Ok, this thread is making me think of packing my bags and living in Southeast Asia :o)
| 3:58 pm on Jul 27, 2004 (gmt 0)|
Asinah is good in guessing games. In my opinion, Indonesia will gives you the 'wow-wow' exchange with USD with the exception is you're thinking of Bali.
By the way, it's not only South East Asia that offers large multiplication exchange.
What about Africa, or a country in an Equator line?
| 4:08 pm on Jul 27, 2004 (gmt 0)|
Any place with political or economic stability is good for a WOW exchangeÖ.and donít forget civil wars. ;)
| 5:12 pm on Jul 27, 2004 (gmt 0)|
I guess we have to take into consideration the taxation aspect too. For Butterfingers, the forex is not only 3.8, as what I've got to know is that foreign income is not taxable in Malaysia beginning year 2004. So the income is going to be nett. And of course aften deducting the negligible commission to clear the check which is only about USD2.70
| 5:40 pm on Jul 27, 2004 (gmt 0)|
In the UK we not only get hit by the exchange rate but we tend to lose out on the taxes as well. We pay a lot more than Americans in tax. Apart from the income tax to be paid on Adsense and other earnings we pay business rates, water rates, waste disposal tax, road tax on company vehicles, annual fees to everyone from Companies House to DTI (credit licence renewals) to council bureaucrats.... the list is endless. And most of these charges are further inflated by 17.5% in VAT. Actually, that stands for Value Added Tax. I can assure you it adds no value for me.
But it's a warm feeling knowing that all my contributions aren't in vain and that some of it goes towards giving reprobate women free state sponsored plastic surgery, covering the police for sitting in laybys with speed traps, paying MEP generously for all that First Class travel they do to Brussels, subsidising London commuters by propping up the rail network, paying for 16 year old pregant girls to get free accomodation - and then paying for their b*stard kids to be educated, footing the salaries for Health and Safety officers to sue me when someone slips on an empty crisp packet that's blown into my car park, and for distributing free condoms to kids in schools.
Is Malasia taking immigrants? I'll bring my Adsense cheques with me. ;)
| 5:52 pm on Jul 27, 2004 (gmt 0)|
|covering the police for sitting in laybys with speed traps |
Don't worry, they're self financing...
| 6:30 pm on Jul 27, 2004 (gmt 0)|
Malaysia is a really nice place .... at least Michelle Yeoh said so in the TV ads to promote the country tourism.
But is it really hot down there? B/c I can't stand heat.
Back to topic, I don't think living in a low currency country compare to US Dollar is advantageous. It really depends on the inflation and cost of living... just look at Japan and HK... maybe not HK, as they are experiencing a slugglish economy. It used to be that $7000 USD salary is not a lot in HK. Now, you are lucky to even get a job.
| 6:46 pm on Jul 27, 2004 (gmt 0)|
The trick is to live in a low income country and create a situation to collect wages or profit from a high income country. There are ways to do this. Telecommuting is one. Adsense and affiliate websites is another.
If you think about it for things like search engine marketing my ROI can be lower simply because my cost of living is lower.
Oh Irock, if you donít like the heat live in the mountains. I have frozen my butt off near the equator.
| 6:54 pm on Jul 27, 2004 (gmt 0)|
I actually live up in the mountains in Canada.
| 6:57 pm on Jul 27, 2004 (gmt 0)|
Well you are ok then. Canada is a low income country right?
| 7:03 pm on Jul 27, 2004 (gmt 0)|
Not really... unfortunately. We pay a lot of taxes though...
| 7:04 pm on Jul 27, 2004 (gmt 0)|
LOL Macro - I get those warm feelings as well
| 1:34 am on Jul 28, 2004 (gmt 0)|
In Malaysia you can live in the Cameroon Highlands with around 18 degrees celsius and a very nice view of the tea plantations. Two months ago I stayed with my wife for 30 days at a nice resort for just 20 bucks per night.
The living standard is very high and the cost of living is even lower then Thailand on many aspects such as housing etc.
Several years ago I was based in Singapore but the cost of living was so high that we decided to relocate our family business and earn the money off-shore.
| 5:39 am on Jul 28, 2004 (gmt 0)|
Cambodia's great too - low cost of living - and I mean low, plus using USD here is common place... now I just gotta figure out how to convince the old ladies down at the market to cash my cheque ... LOL
| 5:53 am on Jul 28, 2004 (gmt 0)|
Several years ago, my family was considering moving to Singapore b/c the cost of living is so low there... and now, you are saying you left the country b/c the cost of living is so high there.
Hong Kong is one evil money sucking place.
| 6:19 am on Jul 28, 2004 (gmt 0)|
Does your post relate to Geo-Tracking & displaying of advts by Adsense?
Or is your question related to currency conversion?
In the former case, you could host your website in an USA based datacenter, so you would get comparitively more hits from USA residents. (but that depends on the nature of your website)
For example, not all USA based advertisers select "All countries" option for displaying their Adwords.
So, if you drive more USA based traffic for USA advertisers your commissions on AdSense would be higher.
For the second case, everyone here has already posted the currency conversion advantage.
| 11:14 am on Jul 28, 2004 (gmt 0)|
|Don't worry, they're self financing... |
It should be but I don't feel that the speed cameras/traps are fully self-financing because in addition to the revenues they get from speeding I still do find that a big chunk of my council tax and business rates go to the police. Considering they don't do much else around here I can only conclude that the speeding fines are pocket money and my taxes go to paying their salaries.
| 2:43 pm on Jul 28, 2004 (gmt 0)|
>> Hong Kong is one evil money sucking place.
Not if you can make more money than the place can suck. :)
| 6:10 pm on Jul 28, 2004 (gmt 0)|
For a foreigner living here there is also the cost of visas to be taken into account. So in Indonesia for eg. you've got to have some reason to be there otherwise your'e on a tourist visa which is only one month now i think. I'm married to a local so can get a 6 month visa but that's still two trips to Singapore a year with all the associated costs, and hassles with immigration officials.
Banking the money is not troublesome, it's tax free as mentioned and my bank charges $15 to cash it. So the cheques need to be a bit sizeable to make it worth it. I'm always wary of joining indie aff. programs or using Linkshare because of this. Initially my bank were very suspicious of the Adsense cheque, never heard of Google, but fine after the first time.
On the whole though, in my case anyway, I'd say I gain, and probably will eventually be able to move family to Australia with a good stash.
| 8:10 pm on Jul 28, 2004 (gmt 0)|
Money-wise I would prefer to be based in Hong Kong then in boring Singapore. Shopping still is cheap but you can find better deals inc ountries such as Thailand or Malaysia.
For a friend of my in Dubai I purchased 200 Samsung L870 Camcorders today that he sells to his users on an Arabic auction site.
A Singapore company gave me a price of USD 269 per unit, Hong Kong USD 239.50 and I bought the units for USD 179 in Bangkok and they are shipped from Hong Kong.
I would chase the Dragons in Hong Kong if I had to decide between Singapore and Hong Kong.
| 5:09 am on Jul 30, 2004 (gmt 0)|
One of the top priority, the country's stability is the main issue.
If me, I don't wanna stay in a country which is always in a war.
| 5:42 am on Jul 30, 2004 (gmt 0)|
Yeah political stability is important. I have spent quite a bit of time in very unstable places and if the true be told a lot of the danger is pretty overblown. Though I did get evacuated once when they got a little out of control in Lombok in 2000. I am much more cautious now that I have a family.
I think it is more important to be in a place you like and feel comfortable. But there are large advantages to living outside the so called first world.
| 6:03 am on Jul 30, 2004 (gmt 0)|
Would you consider moving to Hong Kong?
| This 34 message thread spans 2 pages: 34 (  2 ) > > |