Making Money Abroad – English Book Store

by Richlion

One thing I've notice when I lived and travelled through other countries is an English book store business. Where you have enough ex-pats living in a country or tourists visiting it, you'll see an English book store.

Naturally, there has to be enough people who speaks English that lives in or visits a country that could support a store before you start one. But if you live in such a country, you can make enough money with little work. In fact, there are many countries where there are a lot of citizens that speaks English as a second language. These people would also be customers of your English book store.

The English ex-pats might know the local language, but they always prefer to read in their native language.

Some countries that have English book stores are: Russia, Ecuador, Spain and Cyprus, and Holland to name a few.

You will want to have the store in a city and preferably where tourists go. You can also have it in a sub-division where there are a lot of English speaking ex-pats living there.

Then, you'll have to arrange for shipments of books to come in. When you travel back to your country, you can buy books very cheap in used book stores, flea markets and even from stores that sell new books. Then put them on a container and ship them to your adopted country.

I've met several people who have their own book stores and make enough money to support themselves and also to travel back to see their family.

With books, you don't have the import duties as you do with other items, such as cars and electronic goods. Custom clearance is usually easier. With each shipment you do, the more you learn how to navigate around the laws.

You can also supply local bars and restaurants with books for their clients. You can also have a book exchange where the books come back to you.

Get a stamp with your book store name and phone number in it and stamp each book. This is good for book exchanges, as you will only want to exchange with past customers. However, you can buy books from tourists if they have something of interest.

Old books or books that are not selling, you can have a basket where you sell them cheaper, say $1 or 50 cents each.

Your mark up can be as high as 10 times. This is usually on books that you can buy at some flea market back home for 50 cents and sell them for $5 in your store.

Have book markers made with your company name and phone number. This along with the stamp will make good advertising.

Starting a book store will cost more money than say, teaching English, but if a book store suites your style better and you have a few extra thousand dollars, then this might be the business for you.

Now, for what country would you can you buy property cheap and that has a growing ex-pat community? You can check out my site at: www.viviun.com/AD-136030/ And if that doesn't interest you, there are a lot of other property by other people on this site.

Happy travels!