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2022 Moving to Argentina helped Greyson Ferguson pay student loans.
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However, its expenses began to increase after 2023. Election, so he had to look for greener pastures.
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He moved to Albania, where he hopes his financial situation and mental well -being improve.
I am from America, but I couldn’t reach America’s dream if I stayed in states.
I graduated from college for 2008. The heels of the great downturn. No one seemed to hire. I created a career writing for travel magazines and news locations to keep up with student loan benefits that started around $ 900 a month.
When Covid struck, I lost my clients and my financial situation became terrible. Loans and rent increased by almost $ 2,000 a month before the car payment. I moved with my sister and then tried to live in a dirty-cheap trailer, but I couldn’t compensate for the income I lost.
2021 I decided to leave my life in the US and move to Argentina with my two dogs. I was hoping that the lower cost of living abroad will help me reduce costs and reduce debt.
For a while, everything clicked. I saved money and started paying debts, but due to financial success, it was a darker side of a living abroad. I tried to contact the locals and my insulation caused complete depression.
When the economic situation of Argentina and my mental health came, I decided to move to Albania. I hope this is the solution I was looking for.
Life in Argentina helped me pay loans
When I was looking for a new home outside of America, I knew I needed a country that allows a long -term stay, and would allow me to bring a pit bull.
2022 March I moved to Buenos Aires, Argentina, who met all my criteria. As a freelance writer with us clients, I did not need any work confirmation, and I could continue to extend the tourist by crossing the border every three months. I was a little excited by the local Spanish dialect-it took too long to find LL as “sha”, so the tortilla was supposedly “Tor-ti-sha”. But I got in.
At that time, one US dollar traded around 110 Argentina pesos. However, the unofficial exchange rate, which is widely used by the locals,, although considered illegal, increased the dollar value to 200 pesos.
When 2022 I moved to Argentina, the inflation rate was astronomically high, but as the one who did not earn in the pesos, the step still reduced my costs. In addition to the fact that the car is no longer paying, my pre-paid mobile number cost about $ 4 a month, and my gym membership is $ 15.
When using a place to stay with local real estate agents, it took a while, but I finally landed on a fully equipped apartment decorated with what I would call a trash that dives with a chic aesthetic. It cost me $ 400 a month, including utilities. In Arizona, my rent, car and utilities accounts cost $ 1,635.
The decrease in the cost of living and the customers slowly returning after March, I made great progress by paying debts.
The financial benefits took off for a long time
After 2023 Everything began to change the Argentine presidential election. The newly elected Javier Mile immediately reduced utilities and transport subsidies and underestimated the pesa. The poverty rate has reached the highest level in two decades.
The impact was felt throughout the country, and my own rental and utilities, living in Buenos Aires, increased significantly.
Ever since I moved to Argentina, I have also struggled with an increasing sense of loneliness. Despite all the efforts, I had not made close friends and started to experience depression.
I got stuck for the progress I made when paying debts, but the loan repayments made it difficult for economic changes.
Then one of my two dogs died. I knew I needed to change until my emotional state diminished.
Having the same parameters as before, I am determined to look for an affordable country
Just as one who likes to be in travel trends, Albania has caused my interest. The photos of the coast seemed so beautiful that I thought they were created. I have noticed that passport holders can enter all 12 months as tourists without applying for a residency permit.
2025 April I moved to a two -bedroom apartment in Tirana, the capital of Albania, for about $ 600. With utilities, the first month cost $ 650.
Albania still remains a new place for expats. He has no appeal to the Spanish or Italian brand, but the locals I asked have noticed in recent years a major increase in outsiders.
The Albanian economy looks stable, which should give me a predictable monthly expenditure. I would say most things here are cheaper than in Argentina. The coffee cup costs me just $ 0.59 per cup.
It will take some time to find out how much spare cash I will have to pay the debt at the end of the month, because when moving into movement, costs, such as buying new dishes and a vacuum cleaner for a great dog. I will be happy if my expenses start to look remotely closer to what was my early Argentine Day.
I found out you can’t be ready for everything when you move abroad
When I moved to Argentina, I thought I was ready. I was exploring the country and its occasional volatile economy, which was financially beneficial to non -pesso earnings.
However, it is necessary to transfer power abroad. Jumping by plane and settlement somewhere new, it’s not just frightening. You can’t pay for unknown.
I chose Argentina for financial benefits, but I didn’t even realize that I would fight for friends, or that the insulation extended would cause depression. I still won’t change anything about this heavy patch – it’s part of my trip.
The digital nomadic experience is smooth and your experience is not always positive. This fluidity was washed me to Albania. The friendly nature of the country makes me expect that my life will improve not only financially but also mentally.
Do you have a story you can share about moving for financial reasons? Contact Editor Charissa Cheong at the address [email protected]
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