The 5 Best Types Of Businesses To Start Abroad As An Expat
Many people dream of moving abroad and running their own business, but without the right plan, things can quickly become complicated. You need an idea that fits the market, a way to handle financial and legal matters, and a strategy for long-term success.
Some people choose online businesses that let them work from anywhere, while others invest in local opportunities real estate. Laws and financial rules are just as important as the business itself. Every country has different taxes, work permits, and restrictions for foreign business owners. To stay on the right side of the law, you need to handle visas, banking, and residency requirements. Getting the right setup, including expat insurance, helps you avoid legal trouble and unexpected costs. In this article, we’ll cover some of the types of businesses you could start if you’re an expat.
1 – Hospitality and tourism
Starting a business in hospitality or tourism can be a great way to make money while enjoying life in a new country. Many expats open bed and breakfasts, small hotels, or manage short-term rentals like Airbnb. A good location with steady visitors can bring reliable income, whether you host tourists, business travelers, or long-term guests. However, you need to understand local property laws, taxes, and permits to avoid problems.
Tourism offers even more ways to earn. Many travelers want more than just sightseeing. Guided tours focused on history, culture, or food can attract visitors looking for a special experience. As an expat, your background can help you offer something different by blending local knowledge with insights from your home country. The key is following local rules, getting the right permits, and making sure your tours stand out.
2 – Import and export business
Starting an import and export business can be a great way to earn money while living in another country. Many expats bring products from home that are hard to find in their new location. Foods, drinks, clothing, or handmade goods can be popular with both locals and other expats.
Selling local products to people in other countries is another good option. Many places have special foods, crafts, or materials that people abroad want to buy. You can sell these online or work with stores that sell imported goods. However, shipping, customs, and trade rules can be tricky, so you need to research them first.
3 – Real estate investments
Investing in real estate can be a good way to make money while living abroad. Many expats buy homes or apartments to rent to other foreigners or tourists. A well-placed property in a busy area can bring steady income, especially if it attracts visitors or long-term renters who want a comfortable place to stay.
Before buying, you need to know the local rules for property ownership, taxes, and rental laws. Some countries make it easy for foreigners to invest, while others have restrictions or extra costs. If you don’t want to manage the rental yourself, hiring a local property manager can help.
4 – Language and cultural services
Working in language and culture can be a good way to make money while living abroad. Many businesses and people need help with translation, language lessons, or making content fit a new audience. If you speak more than one language, you can work with companies that want to reach local customers or expats who need help adjusting. Teaching a language, online or in person, can also bring steady income, especially if there’s a high demand for English or another common language.
Helping new expats settle into a country can also be a useful service. Many struggle with paperwork, daily life, and local customs when they first arrive. Offering guidance on how to handle these challenges can make their move easier. Whether through one-on-one support or organized programs, this type of business can be both helpful and profitable.
5 – Online expat resources
Creating an online resource for expats can be a useful and profitable business. Many people moving to a new country struggle to find jobs, housing, or visa information. A website that provides these services in one place can attract a steady audience. You could run a job board, list rental properties, or offer guides on visas and legal requirements. Some sites charge businesses to post job listings or landlords to advertise rentals, while others make money through ads or memberships.
Building a helpful platform takes time, but once it grows, it can become a reliable source of income. Expats often look for trusted information, so keeping content up to date is important. If your site becomes a go-to resource, people will return for advice, and businesses may pay to be featured. With the right setup, an expat resource website can help people settle in while providing a strong business opportunity.