Hello, first post after reading and browsing around the forums and site for the better part of 6 months. Nice to meet you all.
I have a question, but before I ask it, I should probably give a recap of my current situation.
I'm 27 years old, I have two bachelor degrees in scientific fields which are in high demand. I work at a relatively high paying job as a software engineer, this is my first job out of the academia.
I am single with no kids, and no current aspirations to change this situation.
I live in Israel, which has a criminally high cost of living. I am not religious and feel no special ties to Israel.
I currently live with my parents at a luxurious apartment they bought for me (It's registered under my name) rent-free and I have no expenses at all. 95% of my income is invested in mutual funds (which sadly seems to be 1 step forward 2 backwards currently), the other 5% is for beer with friends / video game etc.
My family is relatively wealthy by Israeli standards.
Ok, now the question - Have any of you tried achieving financial independence in a poor country? I am in the process of acquiring a passport of a poor country somewhere in eastern Europe and the idea of moving there really appeals to me.
I could rent out my current apartment and the rent will yield me at least 10 times the average salary in the poor country, without lifting a finger. I will achieve immediate financial freedom. That will very likely never happen in Israel.
Has anyone tried this? What are your thoughts?