- Top geoarbitrage locations in 2024
- Strategies for maximizing savings
Top geoarbitrage locations in 2024
In 2024, the best geoarbitrage opportunities can be found in countries with a lower cost of living compared to the individual's home country. Some top locations include Southeast Asia (such as Thailand, Vietnam, and Malaysia), Eastern Europe (including Bulgaria and Romania), and South America (like Ecuador and Colombia).
Strategies for maximizing savings
To maximize savings through geoarbitrage, individuals can consider renting accommodations instead of buying property, taking advantage of local transportation options, and embracing the local cuisine and lifestyle. Additionally, remote work or freelance opportunities can allow individuals to earn a higher income in a stronger currency while living in a lower-cost location.