One question: If you're a freelancer working remotely from home, why don't you move somewhere cheaper?
On latam most people live at $5 a day, you can live like a frikin' sultan with $500. Live there for six months at 2 hours of consulting work and finish AppIgnite, then return with the product done.
btw, I'm a super-fan of TechZing even when I got bad publicity there ;)
I'm not sure where in latam you're thinking about, but at least in Brazil these numbers are way off. Yes, you can live with $500 a month, but you'd go without many luxuries such as internet connection, cel phone and so on.
Major cities (the largest 2 or 3) in Brazil have a cost of living very close to cheaper cities of the USA. If you move to smaller towns, you begin to deal with other issues (lack of infrastructure specially for kids) and so on.
AND a wife. First (and most importantly) of all, you need to convince your partner it's the right option.
It's easy enough to talk about "geo-arbitrage" (or whatever Tim Ferris calls it) when you're single and unattached - it's another thing to uproot a family of five and move to another country.
If you can get to the point of both partners buying into the plan, then you need to consider things like schools, healthcare, appropriate housing for 5 people, etc. That's of course assuming you are eligible for a visa to live and work in the country you'd like to move to.
It's not impossible, but it's a lot harder when there are other people involved, some of whom depend on you for everything.
To be honest, for a family, simply moving a bit further away from the city to somewhere with a lower cost of living would probably deliver more utility for far less effort than changing countries.
On latam most people live at $5 a day, you can live like a frikin' sultan with $500. Live there for six months at 2 hours of consulting work and finish AppIgnite, then return with the product done.
btw, I'm a super-fan of TechZing even when I got bad publicity there ;)