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If you are fluent in more than one language, you can use your knowledge of these languages to earn money online with document translation.

Translators are hired by international companies to help them in their interaction with partners who speak foreign languages. This job requires someone who can understand documents in the foreign language and provide the correct interpretation. 

Read Also: Make Money Online With Freelance Article Writing

Translators enable the company to operate across cultural and linguistic barriers. This service includes legal translation, document translation and telephone translation. The following are some vital Imformations you need to excel in the business…

  • Requirements for translators
  • How much can you Earn?
  • Create the right work environment
  • How to find work
  • 5 Highest Paying Languages

Requirements for translators

The requirements that you have to meet are dependent on the type of translations that you want to do. Apart from being able to speak a second language fluently, it will also be helpful if you have an educational qualification in the particular area that you are applying for.

Most professional translators have a university degree. If you want to apply as a translator of legal documents, you will need to have a legal background. A specific knowledge of the law is vital for the correct translation of legal documents. Other subjects that are in demand include corporate business, insurance, finance, medicine, engineering and science.

Other requirements

You are also expected to be proficient in sentence structure, word usage, punctuation, spelling and grammar. If you really want to earn money online with document translation, you must have a good understanding of these elements in the two languages.

Fluency in the native as well as the acquired language is a must. You should be able to speak and write correctly in both languages. The companies that you will work for will evaluate your written and verbal communication skills.

How much can you Earn?

Full-time translation jobs and extensive one-off projects are paid on an hourly basis. You can expect to earn around $12 an hour, but technical, legal or scientific content often pay up to $40/hour. Those with translation certification are given higher-paying jobs.

For smaller projects, such as brochures, lyrics, one-page document, slogans and the like, translation fees come on a per-word basis (around $.10 to $.20/word).

The language being translated to is also a huge factor when it comes to fees. If you check Gengo’s translator income “calculator,” you’ll see that different languages bag different fees. Chinese, German and Japanese translators can earn up to $500/month, while Greek, Russian and Bulgarian translators may earn up to $250 monthly.

Create the right work environment

Several people who earn money online with document translation work from their homes. If you want to work from your home, you have to designate a room as your home office. 

This will enable you to do your work in a professional environment that is free from distractions. Apart from a good computer with a reliable internet connection, you will also require a dedicated phone line that has a good headset.

How to find work

You can find jobs by searching on the internet. You can also contact international corporations to find out if they need translators. Sometimes, adverts for these positions are placed in newspapers.

You can check out job listings in online job portals. It is also vital to create a website to market your services. If you cannot afford to hire a web designer, you can build the website by yourself by uploading a good looking WordPress theme.

If you’re interested in this profession, check out the following translation agencies, job boards, directories and other resources:

  1. Gengo – You’ll be e-mailed or notified on your dashboard when a job fits your expertise. You can then check out the deadlines, reward amount and other details of the jobs, and simply choose the one you want to work on.
  2. Unbabel – This website provides a platform for translators and companies looking for professionals to meet. Payment for translators is $8/hour, paid via PayPal.
  3. Translatorscafe.com – This is a free online directory of translators, where you can post your resume and apply directly to jobs posted by hiring companies.
  4. TranslatorsTown.com– The translation jobs available in this website accommodates over 100 languages, which makes it a great resource for translators.
  5. Translate.com – Tasks on this site range from translating short social media posts to more technical support tickets. You have to be quick to check through the jobs, since they are on a first come, first served basis. Payments can be requested via PayPal anytime.
  6. OneHourTranslation.com – While you’ll need to undergo an application and exam to join the platform, OneHourTranslation has one of the widest options for payout. The company even has its own MasterCard, alongside wire transfer and PayPal.
  7. Tethras – Ideal for the tech-savvy translators, this platform hosts a number of translation jobs focused on mobile apps. Payments are sent via PayPal.
  8. Rev – This website pays 0.05 – $0.07 per word to translators who work on captions and other documents.
  9. Translation Directory– This portal may look outdated, but it hosts plenty of translation jobs from across the world. There’s an annual membership fee amounting to almost $100 for both companies and translators.
  10. TextMaster – This web content company hires two kinds of translators – semi-professionals (those native to a particular language) and professionals (those who hold translation certifications). You can earn up to €15¢ per word and paid via PayPal or Payoneer.

5 Highest Paying Languages

German:

German is ranked as the highest paying translation language and a German translator can be expected to attract an annual income of approximately £34,000. This is due to the fact that Germany is one of Britain’s most lucrative trading partners and consequently, there is a high demand for German speakers in the financial and business sector.

Arabic:

Arabic language ranks second among the highest paid translation languages, with Arabic translators earning approximately £34,122 annually. Being the language of the biggest oil-rich country in the world and a trading giant, it is no surprise that its translators are paid handsomely.

French:

Being in a close geographical proximity to Britain, France has a strong commercial relationship with it and a French translator can expect to earn £32,636 annually, leveraging on this commercial relationship.

Read Also: 7 creative ways to find Freelance Writing gigs

Dutch:

Being a popular language of commerce and business, Dutch occupies a reasonably high salary possibility of about £29,523 for English and Dutch translators.

Spanish:

According to recent estimates, Spanish is spoken by 400 million native speakers and is a second language of approximately 9 million people worldwide. Due to the sheer population of Spanish, the Spanish translators are paid really well and can reasonably be expected to get a good remuneration for their work.

Translation jobs are also available on freelance websites like Guru.com, Fiverr.com, PeoplePerHour.com, Freelancer.com, UpWork.com, and more.

Deadlines for these jobs are mostly tight, but since majority of translation jobs come from various parts of the world, you can work any time of the day or just skip a job when you feel you can’t make the deadline.

You can turn translation into a full-time career. However, like many freelance jobs, it depends largely on the time and effort you invest on this profession.

Check business translation services on: https://summalinguae.com/sv/varatjanster/finansiella-oversattningar/

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