Freelance work abroad: 5 considerations to start working abroad and earn dollars
There are many reasons why more and more workers, especially young people, prefer to be self-employed. Freedom and flexibility, income potential -and in dollars-, variety of projects, possibility of professional and personal development are some of them.
In this sense Paula Varak , IT Recruiter specialized in Relocation explains: “It is a clear trend in Latin America, but especially in Argentina, where there is a lot of specialized and English-speaking talent who aspires to work as a contractor for North America and Europe, charging in dollars, euros or crypto”.
Considerations to take into account:
1. What service do you offer?
If the objective is to provide services abroad, it is necessary to analyze which jobs are in greatest demand. According to Juana Cervio Tech Recruiter Manager and founder of Carrier, an expert in recruiting technology profiles and blockchain/web3, she says: “With the contractor modality, programming continues to be the most sought after role (software engineers, whether frontend, backend, fullstack). But also ux/ui design profiles, digital marketing and comms, devops and cybersecurity, etc”.
2. Fluent in English – Profile in English:
“It seems obvious and basic, but the first thing is to have a good level of English to be able to target regional opportunities,” says Cervio, adding: “A more common mistake than one thinks is to send CVs in Spanish for positions in English” . Having a LinkedIn profile in English also helps in searches.
3. Personal brand:
Undoubtedly, one of the key points is to be able to sell yourself. “Work on your personal brand to get better opportunities,” says Cervio. But it also adds the typical errors when contacting a recruiter, “sending a CV by email to a Recruiter or Hiring Manager with an empty email and only the attachment, not having prepared to know how to sell your services, or not being clear about what you can do.” offer, it is very typical”
4. Know how much to charge:
“You have to investigate well what are the expenses that you should cover on your own (retirement, contributions, personal and family prepayment, etc.) to be able to define well how much you want or should be charged.”
It is also important to take into account that there will be other personal expenses that each one must assume, such as: the computer, stationery, mobile phone, electricity, connection expenses or the costs of accountants and lawyers.
“It is very common that those interested do not have anything prepared, nor do they know how to put together a budget in case it is necessary and that denotes inexperience. But know that the recruiter is a “partner”. Listen to the recommendations we give you, which are not in vain. Because if the worker is chosen, we also win”, says Varak, who interacts with more than 300 Argentine profiles per month. And he adds a noteworthy piece of information: “You have to study the market you are targeting well, the North American market is not the same as the European one, to be a freelancer. The United States is more flexible and has higher rates per hour than Europe. Spain, particularly, is not an attractive market to be a freelancer, because it has many restrictions and since there is an agreement with Argentina, when it comes to being able to charge, it is very complex,
5. Know how to collect:
Another separate issue is knowing how to charge. Today, exporters of Argentine services can take advantage of the foreign currency deposit mechanism in an account for a maximum of US$ 12,000 per calendar year without the requirement to pay the official in pesos.
For those who exceed this amount, and must deal with the stocks, high taxes, withholdings, platforms such as Bitwage -pioneer and leader in payment of fees in cryptocurrencies or digital dollars most chosen by service exporters-, which specialize in providing Freelancers are the best alternative to be able to collect their fees while safeguarding the value of their work. They are a great solution and that is why it has been growing year after year in countries like Argentina.
“Users in Argentina who export services abroad and charge in digital dollars increased by 100% in 2022 and since the start of the pandemic it has already grown 300%,” says the Argentine Ramiro Raposo, who is VP of Growth at this American company, which has Argentina as the second largest market in the world.
By logging into this platform, the user will be able to generate a pdf invoice (not from AFIP) for the amount to be received by his foreign client, who will be able to transfer the funds to the temporary bank account located in the United States, Europe or the United Kingdom. Kingdom that Bitwage will assign to the user, without the need to open a personal account.
Then, in a non-custodial way, that is, the company does not keep the funds, Bitwage will “route” said payment -in dollars or euros- directly to where the user has set up to receive them (in BTC, ETH, USDT, USDC, DAI or cUSD, even in local currency like AR$).
“The majority of Argentines choose to receive in stable currency, part of it in an exchange to be able to change quickly to pesos at the blue ratio and have the money for their daily expenses and the rest to a decentralized wallet to store value”, comments Raposo.