I've been a telecommuter for the past 3 years, and after securing my methods of getting paid without hassle, I was able to move to Paraguay.
I've already met quite a few expats that do the same, however, there are still those out there that insist on finding work locally. By doing so, you're making a trade-off. Sure your employer is here, and your income doesn't fluctuate, but you're also having to compete with native speakers, and settle for much much less than you could make from back home.
Here's an article I wrote today on the topic. Would love to hear from others who have successfully used this method of living abroad.
http://www.whyparaguay.com/preparation/ … ve-locally