I agree, that's acutally what I'm doing right now: living frugally in a cheap country while building an ambitious high quality pruduct.

I never had a better time "professionally" (albeit no income yet!) so far in my whole life! Apparently it's truly like the best of times and the worst of times to be building software, if you have the luck and the luxury to be able to work only for yourself than it's really a great time to be alive.