Once upon a time, the world was much smaller than it is now. People were born in little towns and never left or spread their wings by heading across state lines or to a new city. But that was that. But not anymore, especially for wanderlust entrepreneurs.

These days, opportunities exist everywhere. They live in every far-flung corner of the world and every forgotten pocket of our planet. That’s the beautiful result of globalization. It’s the by-product of an ever more connected world. Don’t get us wrong, it’s not perfect.

When you look closely, it’s got more flaws and cracks than a statue of Aphrodite. But suppose you’re thinking of launching your very own business. In that case, it might serve you well to think bigger than your hometown and weigh up the benefits of throwing in a country that had never crossed your anxious mind before, a country like Denmark, New Zealand or Australia.

This sort of bravery and out-of-the-box thinking is not the norm yet. But it is logical. It is an excellent idea. And that’s because all these countries rank highly regarding ease of business. Yup. Doing business overseas might offer you the advantages you need to succeed and the variety of benefits your home country doesn’t provide.

So, without further ado, here are some of the most amazing countries to consider taking your business to when you’ve come to accept that location, location, location is everything.

Best Countries to Travel For Wanderlust Entrepreneurs. Image source.

Best Countries to Travel For Wanderlust Entrepreneurs

For wanderlust entrepreneurs, the world is their oyster. The freedom to work remotely has opened up a whole new world of possibilities regarding travel opportunities worldwide. But with so many unique countries to choose from, where should you start? To help you narrow your search, we’ve rounded up some of the best countries for adventurous entrepreneurs.

Singapore

Singapore has consistently held its position as one of the most coveted business hubs worldwide, making it a familiar name on this prestigious list. But what makes it so highly regarded?

In business, Singapore stands out as one of the wealthiest nations on the planet, boasting immense economic prosperity. From a stability standpoint, this vibrant city-state enjoys a remarkable absence of political turbulence, allowing businesses to thrive with peace of mind.

Its robust and skilled workforce, comprising highly talented professionals contributing to its remarkable success, truly sets Singapore apart. Moreover, the allure of this special place is further amplified by its attractive tax policies that exempt dividends and capital gains.

Yet, the appeal of Singapore doesn’t stop there. Adding to its charm is the convenience of affordable flights to neighbouring countries. Imagine exploring fascinating destinations like Indonesia, Thailand, Malaysia, Vietnam, and the Philippines with utmost ease. This satiates your wanderlust and opens abundant possibilities for expanding your business ventures.

In summary, Singapore offers a harmonious blend of economic prosperity, stability, a skilled labour force, tax benefits, and convenient accessibility to various captivating destinations. It’s no wonder that entrepreneurs and businesses find this enchanting city-state so enticing.

Do you need to Travel from Singapore to other such cities in Southeast Asia like Kuala Lumpur? Click here to find super cheap fares.

Making the most of your time during your Singapore vacation.

New Zealand

Words fail to capture its beauty and allure fully when it comes to this captivating little island (or group of islands, to be precise). It’s like stepping into a realm where everything effortlessly sets you up for success. The streamlined processes ensure a smooth journey from starting a business, which can be accomplished in hours, to registering a property in under 48 hours.

One of the most impressive aspects is the calibre of the local population: skilled, educated, and striving for excellence. Coupled with the low costs and the absence of payroll, social security, or capital gains taxes, it’s no surprise that this place is renowned as the ultimate business-friendly destination. However, that’s just the tip of the iceberg regarding its appeal.

Prepare to have your senses awakened as you delve into this earthly paradise. A land of magnificent landscapes, be it awe-inspiring sights or heavenly hikes. Its rugged coastline possesses a raw beauty that even moves the heavens themselves. But the true gem lies in its people, renowned for their warm hospitality and friendliness, unmatched anywhere else on this planet.

It’s a place to do business and immerse yourself in sheer paradise. Welcome to the land of the long white cloud, a natural playground like no other.

Norway

Launching a business in Norway can be quite a journey. We won’t sugarcoat it – obtaining construction permits can be arduous, and labour regulations are as rigid as a steel pole. But let us enlighten you on why it’s still an incredible place for business.

First and foremost, the Norwegian economy stands strong, ranked among the world’s most robust. The government is entirely in tune with the digital era, facilitating seamless communication. Registering a property is as easy as teaching a child to count to five. And the cherry on top? Tax laws that are refreshingly straightforward and understandable.

When establishing your presence in Europe, Norway deserves your undivided attention. And we haven’t even mentioned the breathtaking wonders in this small Scandinavian nation. Prepare to be captivated!

United Kingdom

Regarding Europe, let’s not forget about the UK – a remarkable place to set up and run a business. Incorporating a business here is incredibly swift and straightforward, taking less than sixty minutes and costing less than $20. Not only that, but the government is well aware that startups often take time to become profitable, which is why they offer attractive tax benefits to investors, founders, and employees.

What sets the UK apart is its forward-thinking and liberal mindset. The country is genuinely dedicated to supporting budding companies and helping them flourish. It’s like a utopia for entrepreneurs, where dreams are nurtured and innovation thrives.

And let’s not overlook the incredible travel perks the UK offers. Explore the hidden beauty of the North Norfolk coast, soak up the sun on the silver sands of Cornwall, and immerse yourself in the rich history of iconic metropolises like London, Edinburgh, York, and Durham. The country boasts some of the oldest and most awe-inspiring sites you’ll ever come across.

The UK is more than just a business hub; it’s a land where opportunities and natural wonders await. So why not leap and embrace all this remarkable nation has to offer?

Australia

Indulge in the Californian essence with the delights of wine, the thrill of surfing, and the mouthwatering avocado on toast. But hold on a moment, mate! Let me enlighten you about the land where Australia matches and surpasses these celebrated experiences. Picture this: an infusion of startups and the yearning to explore for adventurous entrepreneurs.

Now, let’s dive into the recipe for success. With a foundation of greatness, Aussies enjoy a generous income that fuels their vibrant spending habits, propelling the envy-inducing economy forward. And hey, let’s not forget about the abundance of fantastic business loans, which you can learn more about here and become a winner-winner chicken dinner situation.

But wait, there’s more to this compelling mix! Unlock the wonders of research grants, governmental support at every level, government-funded startup hubs, and a sturdy regulatory framework. This mosaic of opportunities forms the perfect backdrop for a triumph.

And let’s get real for a second, mate – Australia is an absolute marvel. From the breathtaking beauty of Perth to the captivating energy of Canberra, from the iconic allure of Sydney to the vibrant soul of Melbourne, every corner of this land will leave you amazed. Embrace the wonder of Australia; trust me, it’s unlike anything you’ve ever experienced.

A Recap on the Best Countries to Travel For Wanderlust Entrepreneurs

This list can provide a good starting point if you consider taking your business abroad. Many entrepreneurs have been able to craft fulfilling, successful careers by venturing overseas and creating innovative new ventures that derive from the local markets in which they operate.

If that sounds appealing, dig into these countries further and see which one might be the right fit for you. With some planning, dedication, and effort, turning your entrepreneurial dreams into a reality should be achievable no matter where you choose to call home.

So don’t let ‘where?’ stop you from chasing success; instead, make sure you find the best place – both logistically and culturally – for your unique career journey. Don’t forget to take advantage of our resources here on the blog. There are helpful articles about being a wanderlust entrepreneur, so don’t miss out! When it comes time to put plans into action, our advice is always to inspire before you expire!

So go forth and reap the rewards of following your heart and creating a life of unprecedented freedom in whichever country catches your eye.

Elizabeth Quay in Perth, Western Australia

Authored by Diane Wuthrich (Contributor) 

Boracay is the Philippines’ number one tourist destination.

This island paradise has garnered international recognition for its beauty and has been named part of Travel and Leisure’s “world’s best islands” lists for two years.

I was lucky enough to grow up in the Philippines, an archipelago of over 7,000 islands. My childhood summers were always at the beach, and this upbringing instilled in me an intense yearning for tropical life even well into my adulthood. I’ll never forget my first trip to Boracay – my first year of college, and my best friend and I took a journey to the island to celebrate our first summer off university.

I remember being captivated by the blinding white sand, the most beautiful crystal clear turquoise waters I’ve ever seen. It was nothing like any other beach I’ve been to in the country.

I was in love.

I loved Boracay for its beach and the experience it offered me as a visitor. There are great restaurants, shopping, vibrant nightlife right by the sea, and calm waters that refresh you no matter how hot Philippine summers get.

Once I graduated from college, I received a once-in-a-lifetime opportunity: my first job would take me to Boracay island, but this time as a resident, not a traveller. I landed a sweet gig as a sales and marketing assistant for a travel company based out of Boracay and stayed for a year. Even if island fever occasionally got me down, nothing on this earth could compare to living on one of the most beautiful beaches in the world. I made lifelong friends, and I was living a dream!

After that stint, I committed to visiting Boracay as often as possible, making the pilgrimage almost every year. It felt like a necessary tradition that I had to do. Pay homage to the beautiful island that feels like home.

Unfortunately, over the years, I’ve witnessed Boracay succumb to over-development. At one point, during peak season, I even experienced TRAFFIC on Boracay. Yes – traffic during rush hour. Bumper-to-bumper tricycles are on the only main road that runs on the island. I started to notice that there was significantly less free land. Accommodations of all kinds were popping up in every space imaginable.

And finally, I saw the sewage problem for myself. Pipes are leaking out onto Bulabog Beach and Station 2 of Boracay.

It was disheartening.

That never deterred me from visiting time and again. I had faith the locals would fix it up despite the bureaucracy we are subject to in the Philippines.

But now, we are faced with the worst solution possible to the environmental crises of Boracay. Too much, too late.

The sad 6-month closure of Boracay starts on April 26.

Closure of Boracay

Effective April 26, 2018, the closure of Boracay will commence for a rehabilitation period of 6 months as per the order of Philippine President Rodrigo Duterte.

This announcement was made just a few weeks ago, giving Boracay locals less than six months to decide where they will work, live, and how they will earn a living. This is unsurprising, considering our president’s infamous iron fist and abrupt decision-making style. Last February 9, he called Boracay a “cesspool”, which followed a handful of closed-door meetings with a complete lack of transparency, which the locals needed.

President Duterte’s decision was met with a lot of emotion from both the public and private sectors: a handful of business owners are enraged that their businesses will be shut down without warning and even demolished despite not violating any laws; many tourists have to deal with cancelled flights and hotel bookings; but the worst affected are the stakeholders directly involved with Boracay’s tourism industry – employees of all levels who will no longer have any job yet the government has no backup plan of any sort. Durterte says he will turn Boracay into agricultural land – crazy as that sounds, we never know what his next move will be.

I can’t help but feel affected by these changes. Boracay, as we know it, will never be the same again. I feel for the 36,000 people who will lose their jobs. Still, the local government units need to be more accountable for the PhP 56 billion in tourist revenues – where has it been going, the environmental fees and taxes that we pay every time we go to the island?

What will happen after the six-month closure of Boracay? Nobody knows. We can only hope and pray for the best.

Beautiful Boracay.

Lessons Learn in Boracay Tourism

The Philippines is blessed with many world-class tourist destinations, including stunning islands that attract visitors from all over the globe. While these islands possess undeniable charm, the local tourism industry must continually strive for improvement. Take, for instance, the painful lessons learned from Boracay, which serve as a noteworthy cautionary tale for other destinations.

In exploring the topic further, it becomes evident that there are numerous valuable insights the Philippines could glean from Thailand. Despite sharing similar natural attractions and pristine beaches, the Thais appear to understand better what it truly takes to safeguard and preserve these treasures.

The Thai islands have become ingrained in the collective consciousness of backpackers and tourists alike, solidifying their status as a must-visit through their portrayal in the renowned film The Beach.

Lessons need to be learnt throughout other tourist destinations.

Add Maya Bay to the list of closures.

Maya Bay, a tiny beach only accessible by boat, is one of the most popular attractions in Thailand. But receiving over 4,000 tourists daily has done considerable damage to Maya Bay’s ecosystem, prompting Thai officials to call for a closure of the island from June 1 to September 30. However, such decisions were carefully considered, and discussions included all stakeholders, including the private sector, academics, and the government.

Maya Bay will be closed briefly to allow the island’s marine life to heal. The coral reefs of Maya Bay have suffered the most, mainly because of the boats parked right above them.

Thailand was able to nip the problem in the bud. Meanwhile, too much is being done in the Philippines – drastic measures too late.

Now that Boracay Has Reopened – Check Out the New Status of the Philippine Islands!

Add Maya Bay to the list of closures.