Geo-Arbitrage- How the average person can take advantage of global currency differences
By Gavin | May 17, 2007
Geo-Arbitrage is a term I first came across in Timothy Ferriss’s excellent book the
There are 2 main applications
1 If you can charge in dollars for a job lets say $15 and get someone (usually a VA or virtual assistant in another location) to do the job for $5
you have just created an arbitrage ( money out of thin air).
2 If you are being paid in dollars and live in America and your cost of living ( rent, food etc ) is
$100) per month. It is possible to live in a country such as Thailand, Argentina etc where it will only cost you $500 per month for the same standard of living.
Where would you like to spend some time where the cost of living is lower than where you are.
Gavin
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