The American Interest
Analysis by Walter Russell Mead & Staff
Entrepreneur-ing Abroad

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It’s not just retiring Americans enjoying the benefits of expatriation; entrepreneurs are also finding that discount luxury living abroad can spur creativity. One company, Happy Hubs, is looking to combine the start-up incubation experience with resort life. Happy Hubs is launching a beta version of a workspace in Costa Rica, but plans to open up more in far-flung places across the globe. The Costa Rica Star reports:

These are not just ordinary locations, but luxury residences in exotic locations with five-star amenities like onsite massage therapists, gourmet chefs and maid service. And the kicker? The claim they can do it for less than what it costs to have an average lifestyle in the United States. The all-in cost of staying in a Happy Hub per month is just $1,000 a week or $2,800 a month, this includes everything from accommodations to food and spa amenities and shuttle service to a popular surfing beach.

The whole key to living the six-figure lifestyle without the six-figure pay check is that you must be “location-independent” meaning that you work on the computer or over the phone. “If your only requirement to work is wi-fi and a computer, then you’re location-independent,” says Andy Vu, Happy Hubs co-founder. “And when you’re location independent, why wouldn’t you choose to live where you can get the most lifestyle at the lowest possible cost?” Vu asks.

It’s an interesting concept. So often we hear about the challenges facing the next generation of entrepreneurs; it’s good to see people are thinking up new ways to facilitate the process of launching a new business. That’s especially encouraging given how vital America’s entrepreneurs are to its future.

Published on September 3, 2013 5:10 pm