CensR
3rd Jan 2017, 04:04
Hello everyone,
I figured it would be easiest to explain my end goal.
I would like to move my life to Central or South America. Ideally I would like to have a source of income while down there. I was originally thinking about a bar, restaurant, hostel but ultimately none of those options inspired me.
I am now looking into purchasing my own plane and starting a small, personally run tour company. I think given my personality and what I like to do this would be a great fit.
Background:
I am 27 (almost 28) making good pay in Canada.
Strategy:
-Get private pilot's license over the next 2 years while maintaining my employment.
-Purchase a used plane
-Move south
-Make friends with hotel/hostel owners and create a referral based business
I have many questions:
1) would my private pilots cover this exceptionally low key operation? (little to no advertising outside of some hostels/hostels. Cash only business.
2) What sort of annual costs should I be expecting? (Obviously variable depending on the country)
3) Thoughts on helicopter or fixed wing? I think fixed wing is the way to go. Both have pros and cons.
4) Insurance??? Variable also I'm assuming
I'm sure I'm missing a lot. I just wanted to write as much as possible to try to get the framework of a potential plan going.
Please tell me your thoughts. Everything is appreciated. Is this a good idea? Has anyone looked into this before? Am I a moron? Please don't hold back.
:ok:
I figured it would be easiest to explain my end goal.
I would like to move my life to Central or South America. Ideally I would like to have a source of income while down there. I was originally thinking about a bar, restaurant, hostel but ultimately none of those options inspired me.
I am now looking into purchasing my own plane and starting a small, personally run tour company. I think given my personality and what I like to do this would be a great fit.
Background:
I am 27 (almost 28) making good pay in Canada.
Strategy:
-Get private pilot's license over the next 2 years while maintaining my employment.
-Purchase a used plane
-Move south
-Make friends with hotel/hostel owners and create a referral based business
I have many questions:
1) would my private pilots cover this exceptionally low key operation? (little to no advertising outside of some hostels/hostels. Cash only business.
2) What sort of annual costs should I be expecting? (Obviously variable depending on the country)
3) Thoughts on helicopter or fixed wing? I think fixed wing is the way to go. Both have pros and cons.
4) Insurance??? Variable also I'm assuming
I'm sure I'm missing a lot. I just wanted to write as much as possible to try to get the framework of a potential plan going.
Please tell me your thoughts. Everything is appreciated. Is this a good idea? Has anyone looked into this before? Am I a moron? Please don't hold back.
:ok: