Geographic Arbitrage: Should You Move Abroad to Save Money?

Image for post
Image for post

The idea behind geographic arbitrage is that you can earn money in a strong currency (such as US dollars) and then spend money in a weaker currency (like Thai Baht). With remote working on the rise, it’s now easier than ever to take your work abroad. You could be earning a decent salary in a Western country — but in a much cheaper country, such as Thailand, which offers you so much more spending power. Instead of dealing with ridiculously high renting or house ownership prices in cities like San Francisco or London, you could spend a fraction of that for an equally nice place in Chiang Mai or Ho Chi Minh City.

Continue reading…

Originally published at on June 18, 2018.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store