If you are considering semi-retirement, we assume that you have enough financial resources available to provide at least a partial income which you can supplement with income from your semi-retirement work to fill the gap to get you up to a livable income. We also assume that, since we are talking about being mobile (i.e. traveling) at least part of the year, the work you will be doing should be compatible with that kind of lifestyle
The type of work you choose to help support your mobile semi-retirement depends on a several factors, such as your current (or planned) skillset, local work options, and how long you plan to stay in your destination country. There are basically four different work scenarios to consider if you want to be able to make money and get away from home for long periods of time.
Remote or Location-Independent Work
Also called “mobile work”, this is work you can do anywhere. It could be work that can be entirely done while traveling for an indefinite period of time, or it could be work that can be done for extended times on the road but occasionally requiring a return to your home base for periods of time. Generally, mobile work gives you the most freedom to travel wherever you want, whenever you want. See this post for more information.
Part Year Work at Home
Part year work is work done at home for part of the year to support traveling during the rest of the year. If you don’t have the skillset suitable for a remote or mobile occupation, this option allows you the freedom to travel at least a good part of each year. See this post for more information.
Local Work in Your Destination Country
If your monetary needs are higher or you want to experience mobility by staying in one place in one country for a longer period of time, and you have job skills that are in demand in that country, you may be able to find an international job with a company in your destination country which will allow you to get a work visa or permit to work legally there. See more information in this post.
Creating a Business in Your Destination Country
This option is for those people who plan to make a longer term commitment to a particular country by getting a retiree or resident visa. Many countries will allow people with these types of visas to set up their own business, particularly if the business is one that employs local people. The actual residency requirements (how long you need to reside in the country each year) varies for each country, so, depending on the country (or countries) you choose, you may still have a lot of latitude for traveling or residing in other countries as well.