I have a UK business and we decided with my wife to travel around the world. We could have saved a lot on our taxes by claiming non-residency etc. but in the end we didn't. We set our business virtual office as our home and all our mail goes there. So far we are having time of our life, travelled 3 months in USA & Canada and currently in Ecuador.

The difficulties we have are: - troubles with virtual offce - if you decide for virtual office choose carefuly - its very frustrating if you need to change the address while being abroad - time to actually do any work - there is so much to see in the world and having motivation to keep building your business is tough

Things we thought we would have difficulty but they are fine: - internet connection - all around USA & Canada we had wifi everywhere + I bought Verizon mobile internet + ATT data package for iPhone and so wired 24/7 . Also, in South AMerica - Ecuador, you can buy prepaid mobile internet for good price and its reliable - I thought the business will suffer but so far its doing better than before and it probably helped me to realize that if I want to grow my business - I need to hire good people and trust them to do a good job. - pretending you are in UK - I thought I will have hard time in getting new business / contracts signed - but other companies don't mind - in fact I signed biggest clients while being in a campsite in mountains of Canada. all contracts can be Fedexed etc.. no problem at all