6 Reasons Why Freelancing Abroad Will Make You More Money Than Your Full-Time Job



What if you could freelance full-time and earn more money than if you freelance on the side while working another full-time job?

A new study of office workers in the U.S. found that nearly one in four employees freelance in some capacity.

When you really break it down, 12 percent of employees freelance in addition to their primary job, according to the Staples Advantage Workplace Index.

In other words, half of the one quarter of people who freelance are essentially working two jobs, presumably to earn more money.

What if you could freelance full-time and earn more money than if you freelance on the side while working another full-time job?

Here are six ways international freelance enables you to do so.

1. Getting things done before your clients wake up

Particularly if you have U.S.-based clients and you’re working ahead of their timezone, getting things done before your clients wake up gives you a competitive advantage over freelancers in your home country. Of course, the downside to this situation is that you’re not in the client’s backyard, but with the likes of Skype and other free, digital communication technologies, there’s certainly plenty of workarounds.

The key here is your ability to consistently perform and produce results at a high level. As long as you can do both of these things, clients won’t care where you work.

2. Leveraging currency exchanges

Certainly, this depends on the currency in which your clients pay you, and the country from which you’re working. However, as long as you can make U.S. dollars, euros or British pounds, and as long as you’re working from a country in which the currency is not one of these three options, you should be able to leverage the currency exchange to your benefit. In other words, U.S. dollars, euros and British pounds go farther in countries with weaker currencies.

As a result, you can charge less than freelancers who work in your home country, which gives you another competitive advantage.

3. Leveraging international talent

By working outside of your home country and doing a little bit of networking, you’re bound to meet other experienced, qualified freelancers who can help you better serve your clients. Plus, these freelancers usually charge less than their counterparts in your home country, which means you can bill your clients a little less for these additional services and still walk away with a nice markup.

4. Not needing to work from your client’s office

Many clients, especially at the start of your freelance relationship with them, want you to work from their office some of the time. It’s part of the trust-building process, but it’s also a barrier to growing your freelance business. In other words, the more time you need to spend with them, the less time you’ll have to acquire new clients. By not being in their backyard, this option is completely off the table.

5. Getting different perspectives on work-life balance

Unlike in the United States, where working hours on end is typically applauded, the international workforce by and large better understands the concept of a work-life balance. By meeting locals and internationals in other countries, and understanding their perspective on work’s place in our lives, you can better formulate the type of work-life balance that you desire.

6. Access to more prospective clients

Depending on which country you situate yourself, you may very well have the opportunity to work with local and regional businesses, in addition to those from your home country. If you’re a native English speaker living in a country that doesn’t feature English as their mother tongue, you can service businesses from the tourism and hospitality industry (e.g. hotels) in and around your new country of residence.

Basically, your ability to leverage the low supply and high demand of English as a mother tongue will land you clients that will pay a premium for your service — particularly within the tourism and hospitality industry, which is usually big business in most countries.

Sign up here for our weekly digest of top articles, industry news, and conference announcements

Learn more about the next edition of Social Media Week, and how you and your organization can join us for an incredible week!

More on Freelancers: How Freelancers Can Use Social Media To Find New Clients

Image Credit: Switch

Newsletter Subscription

Get the latest insights, trends and best practices from today's leading industry voices.

Watch SMW Live

SMW Insider is a premium video platform that streams more than 180+ hours of talks, presentations, and interviews from leading industry experts.

Subscribe Now

Write for Us

Interested in sharing your ideas and insights with the world? Become a SMW News contributor and reach 300k readers each month.

Apply Here