Don't listen tot he mid life or late life dudes here that wish they would have taken a chance when they were younger!
You are leaving out some details here:
- How do you become a partner if you are not family?
- Are you expected to bring $?
- Do you speak the language?
- Are you accustomed to any of the culture there?
- Do you have experience in service industry (even waiting tables would count)?
- How stable is this country?
- How would you solve visa, ownership and work permit?
- Is it really paradise, or is it a humid, malaria infested 3rd world place that happens to have a nice beach and palm trees?
Cudos for at least planning on finishing school. However, I think you may be approaching the rest of this naively. You are trying to do too many things at once, IMHO. Business owner, relocation to 3rd world country PLUS starting in an unknown to you industry. I would pick only one of those things at a time.
I have had a reasonably exciting life and career path but I never bit of more than I could chew. I did all of the things you plan, but one step at a time. I.e. how about going to grad school in the country of choice? Then start a business (truly on your own) if you like the place and have gotten accustomed to it ...
Just my two (more conservative) cents,
Cheers, George