Are you dreaming of life by the ocean? Many people long to make that dream a reality, and there are some steps you can take to help make it happen. If you’re willing to put in the work and take a chance on your future, living by the sea may be closer than you think. Here’s what to do:
Invest In Countries With Oceans
If you’re looking to purchase a home, consider investing in countries with plenty of coastal real estate options. Many areas around the world have experienced an influx of development and investment due to their proximity to the sea, so take advantage of these locations by researching which ones offer the best return on your money.
Moreover, some countries offer citizenship programs to foreign investors, which can facilitate easier and faster access to life by the sea. For instance, you can enjoy citizenship by investment in Portugal and get the unbeatable combination of lower taxes, access to EU markets, and stunning beaches. You can use this opportunity to establish your new base near the ocean.
Consider Taking a Remote Job
The next step to achieving your dream is considering a remote job. There are now many opportunities for people with all sorts of skills and experience to work from home or in other remote locations, such as the beach. With the proper technology setup, you can make a living while surrounded by the ocean’s beauty. Even if you can’t find a job working remotely, there are ways to earn money that don’t require you to be in an office.
Freelance jobs and side hustles can give you the freedom and flexibility to plan your own schedule while still bringing in income. Consider exploring these options if you want more control over when and where you work.
Learn Local Laws and Regulations
If you’re serious about making the dream of living by the ocean a reality, you should learn all you can about local laws and regulations. Take some time to research how land uses policies, building codes, and other laws affect coastal properties near your desired location. Knowing what is allowed — and what isn’t — will help you make the best decisions for your future.
Finally, don’t forget to budget for the unexpected expenses of buying a coastal home. Depending on where you choose to live, additional costs might be associated with the beachfront property — such as windstorm insurance and higher taxes. Make sure you factor these into your calculations before making any decisions.
Look Into Resort Locations
Resorts located near coasts often offer some of the most luxurious and well-appointed properties for a fraction of what you’d expect to pay in other areas. Whether you’re interested in a condo or a beachfront villa, some amazing deals can be found in resort locations. Don’t miss out on the opportunity to get a great deal and enjoy living near the ocean at the same time.
Of course, plenty of inland resorts can offer stunning views and great amenities for a fraction of what you’d pay in other areas. Whether it’s a golf resort or a mountain retreat, these locations often have some incredible deals on vacation rentals and permanent residences. Don’t discount the potential to find an amazing place in a resort location just because it isn’t located directly on the ocean.
Start Saving Now
The most important way to make your dreams of living by the sea come true is to start saving money now. Even if it takes a while to locate your ideal coastal property, you’ll be ready when the time comes if you’ve been putting away money every month. Start with small steps and increase your savings over time — before you know it, you’ll be ready to make your move.
Start a dedicated savings account specifically for your beach home. Review your budget to see what expenses you can trim, and make sure to diversify your investments with stocks, bonds, and real estate opportunities. Make it a priority to save for at least one thing related to living by the sea every month — whether it’s putting $20 toward a future down payment or buying a new surfboard. You’ll be one step closer to making your coastal dreams come true.
Build Your Credit History Up
You need to ensure that you have a good credit score if you want to be approved for a loan, so start building your credit history now. Credit cards are a great way to get started — use them responsibly and pay all bills on time or early. Sign up for automatic payments or calendar reminders to ensure you never miss the due date.
Another key factor in improving your credit score is paying off debts. Create a budget that factors in debt payments and stick with it while adding extra money to the payment whenever possible. By consistently paying down your debts, you’ll be boosting your credit score at the same time. You will then be more likely to be approved for a loan when you’re ready to purchase your beach home.
Explore Remote Work Opportunities
The digital age has opened up numerous avenues for individuals who want to work flexibly and remotely — regardless of location. From freelance writing to tech positions, there are many ways to make money without being in an office.
Think about where you want to live, and start exploring opportunities that would allow you to make a living while enjoying the coastal lifestyle. With a little bit of research and planning, it’s possible to find a perfect setup that allows you to work — and play — near the shoreline.
Get a Spouse Who’s Onboard
Living near the ocean can be an incredible experience, but having a partner who is just as excited about the move as you are is important. Start talking early on about your dream of living by the sea and see if your significant other is willing to take the leap with you. That way, you can plan and save together, ensuring you’re both on the same page.
You can also find someone who lives by the beach side and build a relationship with them. That way, you can learn more about the area and get a better feel for what it’s like to live there before making any major commitments.
Living by the sea is a dream for many, but achieving it takes dedication and hard work. Start by saving up, build your credit score, explore remote work opportunities, and get a partner with the same enthusiasm for this lifestyle. With enough preparation and planning, you can make your coastal dreams come true quickly!