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Top 8 Crowdfunding Sites You Should Know About

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Top 8 Crowdfunding Sites You Should Know About

Crowdfunding is changing the way people get their projects, businesses and pretty much anything funded. There are probably thousands of sites out there, all dealing in the different aspects of crowdfunding.

You could be pretty overwhelmed with that number of sites, and not all are right for your needs. Depending on what you want to achieve in your funding campaign, you should identify what sites would fulfill that goal.

To simplify things, though think of crowdfunding sites as classified into two groups:

Donation-Based Funding Site – A website that accepts donations for creative campaigns. Usually funders are given rewards or discounts depending on the level of financing they provide.

However, no profit or equity share is given out. This is usually used whenever you want to raise money for a cause you believe in.

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Investment-Based Funding Site – A website that accepts funding in exchange for equity share or profits. In this kind of site, funders are treated as investors, and most likely need to be accredited investors.

Now that you know how they are classified, you should find useful the following list of crowdfunding sites covering both of these varieties.

1. KickStarter (kicktarter.com)

One of the very first pioneers in the crowdfunding space, KickStarter is a donation-based site that allows you to raise funds for your creative projects.

From art to technology projects, you can get funders to contribute to your idea and make it a reality. No businesses or personal funding here, though.

2. Indiegogo (indiegogo.com)

Indiegogo is one of the top competitors of KickStarter, though unlike KickStarter, it also offers crowdfunding for personal needs.

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They do it through their Indiegogo Life product, which allows you to post your personal campaigns (for things such as medical or educational needs) and raise money from the Indiegogo community.

3. GoFundMe (gofundme.com)

GoFundMe is the go-to donation-based site to raise funds from your family and friends. You can publish your campaign via Facebook, Twitter and e-mail and through your contacts there, get funding and support.

Your friends and family can also share your campaign to their networks for wider support.

4. Quirky (quirky.com)

If you have an invention that you want to get funded, you can go to Quirky.com. It’s a donation-based site that specifically caters to inventors and tinkerers with unique ideas.

5. TeeSpring (teespring.com)

Design a shirt and sell it – while keeping all the profits: that’s the premise of TeeSpring. More like a pre-selling than a crowdfunding site, TeeSpring enables you pre-sell your designed shirts to a specific number of people while the TeeSpring team does all of the rest.

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It’s a relatively simple way for t-shirt designers to make profits online. 

6. Crowdfunder (crowdfunder.com)

CrowdFunder has one of the largest networks of investors in the investment-based crowdfunding space.

For accredited investors, CrowdFunder offers the potential to profit from the next billion-dollar crowdfunded company.

7. EquityNet (equitynet.com)

EquityNet is similar to CrowdFunder, but what’s unique about it is their use of a patented business and analysis software. The company claims that this makes it easier for businesses to create solid business plans that can engage busy investors and allow them to decide on their investment quicker.

8. RocketHub (rockethub.com)

RocketHub now offers a unique twist to the donation-based crowdfunding space – it has partnered with A&E Project Startup to get chosen projects featured online, on-air and in A&E’s magazine, “The Idea Book for Educators.” 

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It could also mean that A&E could potentially fund your projects.

Bonus: Invested.in (invested.in)

Can’t find a crowdfunding site to your taste? You could start your own.

Through Invested.in, you can launch your very own crowdfunding platform in minutes.

Featured photo credit: Crowdfunding/Simon Cunningham via flickr.com

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Lianne Martha Maiquez Laroya

Lianne is a licensed financial advisor, Registered Financial Planner, entrepreneur and book author.

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Last Updated on January 13, 2022

15 Best Places for Expats to Live (And Why)

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15 Best Places for Expats to Live (And Why)

Many of us dream of living abroad but can often be scared to make such a big change to our routine lifestyles and leave our home countries behind. Daunting as it may be, living abroad can be a rewarding and fulfilling endeavor and can give you the quality of life you have been looking for.

From a warmer climate to a more easy going way of life, there are many foreign countries favored by expats who stay for a long time – and sometimes forever. Taking into consideration livings standards, opportunities and social aspects, here are our top 15 best places to live as an expat and why.

1. Thailand

A hot spot for expats, the ‘land of smiles’ as it’s commonly known offers expats a tropical climate, a huge array of sandy beaches and islands to explore, and a rich culture. The cost of living in Thailand is extremely low, and when combined with the friendly tax system means that disposable income can be very high.

Bangkok, Thailand’s capital city, offers expats great employment opportunities.

2. Switzerland

Another popular destination for expats, Switzerland offers exciting employment packages and a high standard of living. It’s great for those who love the outdoors, as there are many beautiful lakes, mountains to hike in and skiing in the winter. The school standards for expats are also excellent, making it appealing for those with children. English is also widely spoken so day-to-day living can be stress free.

Unemployment in Switzerland is low and expats moving here don’t need to worry too much about finding a job before they arrive.

3. Australia

Many foreigners who visit Australia don’t want to leave as it offers a great quality of life, beautiful beaches and a warm climate. Making friends in Australia is easy too, due to the lack of language barrier and the large number of expats who already live here. Australia is a great place to move to if you have children because of its wide range of schooling possibilities and recreational outdoor activities.

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Low population levels and high quality of life are two of the main reasons expats choose Australia as a place to live.

4. Singapore

Expats in Singapore can benefit from generous financial packages, great career opportunities and low tax rates. Although education is expensive here, it is rated one of the top places for raising children abroad due to the quality of the education system and the array of schools.

Public transport such as buses and MRT (Mass Rapid Transit) are cheap and very reliable in Singapore.

5. South Korea

South Korea offers expats a unique range of opportunities and a very different way of living. Jobs for expats are easy to find and usually very well paid, with apartments provided by the employer on the most part making living costs even lower. There are also many tight-knit expat communities in South Korea, making it easy to socialize and meet new friends. The excellent education system is also a pro for families wanting to move to this culture-rich country.

South Korea has a cheap public healthcare system and offers great medical care, with most doctors speaking English.

6. New Zealand

New Zealand is constantly on the lookout for skilled workers to expedite to the country – especially those under the age of 30 – and skilled migrants can be granted a stay for up to five years. It offers a good climate and although income levels can be lower than other countries, quality of life is high, with its awe-inspiring scenery, low crime rate and state sponsored healthcare.

New Zealand is great for those looking for a laid back and active outdoors lifestyle.

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7. Canada

Its national healthcare system, friendly locals and very high quality of life are just a few of the reason expats choose Canada as a place to live. It’s very welcoming to expats and skills shortages encourage foreigners to move here in order for the country to grow economically. It’s easy for expats to feel comfortable quickly in Canada due to its multicultural environment.

Canada was largely unaffected by the economic crisis, making it a very popular country for expats.

8. Qatar

Qatar is becoming increasingly popular among expats with an estimated 500 new arrivals every day. The salaries are generous and are tax free too, making disposable income very high. Car and housing allowances are part of many remuneration packages, and education for your children and airfares are often included.

The cost of living is lower in Qatar than in other UAE countries but salaries can still be just as generous.

9. Hong Kong

Where east truly meets the west, this bustling island has a population of over seven million people. If you’re looking for a fast-paced environment and an active nightlife, Hong Kong is definitely the place to be. Benefits for expats include its advanced healthcare system and elevated standards of schooling for children, along with great employment opportunities. The cost of living in Hong Kong can be high, so trying to negotiate a housing allowance with your employer can be beneficial.

Hong Kong is great for those looking for high incomes and career advancement.

10. Japan

As an expat destination, Japan offers a rich culture and a chance to experience a very different day-to-day life. Currently around two million expats live in Japan, and in the larger cities such as Tokyo a large portion of the population speaks English. English speakers are also in demand and there are a large number of opportunities for language teachers, especially in the capital.

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Japan offers a high standard of living for expats and a good education system for those with children.

11. Spain

Spain is a very popular destination for expats due to the high temperatures and year-round sunshine. EU residents don’t require a visa to work here, meaning the move can be a lot easier. Skilled foreign workers also continue to be in demand with jobs such as engineering, customer service, skilled trades and language teachers widely available.

A huge 14% of Spain’s population are expats from a variety of foreign countries.

12. Dubai

Two of the main attractions of moving to Dubai are the tax-free salaries and the warm climate. Some of the most popular jobs for expats are in construction, banking, oil and tourism. You can also enjoy a busy social life in Dubai as the expat community is thriving. Although it can be an expensive country, the tax-free salary means you experience a higher quality of life than in other countries.

You will need a work permit, residence visa and an Emirates ID card to live in Dubai as an expat.

13. Germany

Germany is one of Europe’s most populous countries, with around 82.4 million people. It’s a lively and inexpensive country to live in as an expat, and if you have children the education system is great and healthcare is to a high standard. An estimated 250,000 expats live in Germany currently, with the numbers rising every year.

If you are already an EU citizen, you don’t need a visa to live and work in Germany.

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14. The Netherlands

The Netherlands is a great place for expats who love the outdoors. Cycling is one of the main modes of transport and looking after the environment is widely recognized. There are a lot of English speakers in the Netherlands too, but learning the language can work to your advantage and make day-to-day life that little bit easier. Skilled expats can also benefit from a tax-free allowance equivalent to 30% if they meet the correct criteria.

It is often more important to be able to speak fluent English than to speak Dutch when looking for employment in the Netherlands.

15. China

China offers expats great employment opportunities with little competition. Those who embrace the culture and decide they want to live in China long term can see a host of employment opportunities as its economy is growing rapidly every year. Economists predict it will overtake the US as the world’s largest economy by 2018. China also offer expats low living costs and high disposable incomes, which is why many look to live here for a higher quality of life.

Shanghai and Beijing are the most popular destinations for expats who live in China.

Featured photo credit: Saulo Mohana via unsplash.com

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