Geoarbitrage: What Is It and How to Make The Most of It 216

Geoarbitrage: What Is It and How to Make The Most of It

Geoarbitrage is an interesting concept, often closely related to the definition of lifestyle design. It basically means relocating in order to take advantage of the lower costs of a city/country.

There are different ways you can go about this. It might be quitting your job in the US and moving to South East Asia (that was a popular scenario back in the days). Or to enjoy the low-standard of living in a tropical country, but still make money in the US, either by working remotely, or building an online business.

Why Geoarbitrage Is Not for Everyone?

Obviously, there are some characteristics of such a lifestyle that make it possible only for certain individuals.

For a start, if you’re pretty comfortable with your 9-to-5 job and really don’t want to take any risks and try new stuff (not to mention that you don’t want to work even harder to become self-employed), then you’re not location independent because of the job.

Then, there are the people in your life. Leaving your country means you’re either single and not too attached to anyone, or that you can take your family with you. Be it by building a business together with your partner and homeschooling your kids while traveling the world. Or escaping reality with a girlfriend/boyfriend or friends with the same goal.

Giving geoarbitrage a try means that you can let go of your family, at least physically. There are some cases, like having to take care of a relative, in which this simply isn’t an option.

Such an independent and unconventional lifestyle also isn’t for those who don’t set goals.

Who don’t wonder whether there’s more to life than the mundane lifestyle. Geoarbitrage is not for the ones who listen to others and want to be accepted by society. If that sounds familiar, you’d better stay where you are forever.

But in case you want to travel and are curious to see how you’ll make it in an unfamiliar environment, this is the way to do it.

If you’re interested in giving your business ideas a try, don’t want to work for someone else, and want to make more money but also enjoy your life more, then this is the cheapest solution for you.

It might look like this: moving to Chiang Mai, Thailand and leaving corporate America behind.

Making The Most of Geoarbitrage

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You can never be fully prepared to do this, so just give it a few weeks and go.

Moving itself is nothing more than getting a plane ticket and finding accommodation. Even if it’s a temporary Airbnb place with the goal to find a permanent one once you get there.

It’s good if you have saved some money before you leave, of course, but don’t let that be a barrier to actually leaving.

Stuck in a regular job?

Now’s the time to start doing your research on how you can make money online, do it on the side first, and quit your job when the income is decent.

When you get to the cheap and beautiful country of your choice, you can then turn it into a business by working hard. You’ll also be trying until you succeed, studying your market and the competition, and creating something meaningful, that you’re passionate about, and which people will be willing to pay for.

The good thing is that you can also outsource most of the work to virtual staff from low-cost countries. Even if you’re on a tight budget.

To make the most of geoarbitrage, you also need to make some changes.

Forget what you know about the world already, and prepare to see its real face.

I’m talking about becoming a citizen of the world, accepting a new culture, learning to live like the locals. Be able to enjoy the view when waking up near the ocean every morning, try the food there, explore the area, and don’t think about home.

Traveling is a spiritual experience, before anything else. So even though you’ll be spending a big portion of your time on your laptop, you’ll be in a tropical country and that itself is enough to reduce your stress, make you happier and more productive.

Don’t take too much stuff with you when you move. Pack light and be more about the experiences and the growth.

Also, geoarbitrage may mean going to such a country for a month or two, then coming back for some time, and repeating the cycle. Whatever works for you, as long as you’re keeping the expenses low and the income high.

What do you think about that concept? Are you a lifestyle designer?

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5 Online Degrees That Pay Well and Lead to Great Employment Opportunities 4

5 Online Degrees That Pay Well and Lead to Great Employment Opportunities

Online programs range from diploma mills employers knowingly screen against to brand name universities issuing degrees equally valued by employers and employees. But many online degrees teach you skills employers will readily pay a premium for and will give you great employment opportunities.

Here are the 5 best online degrees for employment.


We still pay people quite a bit of money to keep track of our money, whether as individuals or organizations as a whole. Those with a degree in accounting earn more than the average person with a business degree.

If you upgrade to a master’s degree in accounting, you’re well on your way to a lucrative position as a CPA.

If you specialize in tax accounting, you would work as a tax preparer full time or seasonally, while those working in bookkeeping are well paid whether working full time or part-time.

If you earn a degree in accounting after working as a life coach or personal development, you could become a personal finance advisor. Or simply work in accounting, a field expected to grow 13% over the next ten years despite the increasing use of personal accounting software.

If you are looking for a reputable online accounting degree, there are a number of Kaplan Online Programs you can choose from which are all highly recommended.


5 Ways to Boost Your Business Revenue

Businesses pay people to find out how to better understand their customers and speak to them. This is why marketing assistants earn thirty to sixty thousand dollars a year, while experienced marketers earn much more.

If you have copywriting skills like determining which keywords should be integrated into a webpage to put it front and center before a target demographic when they’re ready to buy, you’ll make even more.

If you have a track record of success or management skills, you could easily earn a hundred thousand dollars a year running a marketing department. Not only that, but online marketing degrees are highly respected since marketing and other financial degrees transfer very well online.

Human Resources

Human Resources has become far more complex over the past few years as rules and regulations that companies have to abide by exploded in number.

Hiring, firing, promotions, and training have to be done per complex procedures if you want to minimize the risk of a lawsuit. And whether it is required by state law or guidelines set by federal contracts, you have to fill out a number of reports each month, quarter and year on your workforce.

This means that working in HR is no longer something you do when you want a break from ordering office supplies. It requires training in the law, industry-specific software and procedures. If you earn an online degree in Human Resources, you’ll be eagerly sought after by many companies’ personnel departments.

Video Game Design

While Hollywood’s blockbuster seasons get reported on the news, the reality is that people spend several times that much on video games per year. This money is increasingly spent on digital releases over physically purchased game disks, and spending is shifting toward subscription services and apps.

The sheer amount of money means that even free games that make money through advertising or in-game purchases have to look good, while expensive games have to offer rich visuals to keep the audience engaged.

This has led to the appearance of video game design and video game arts as its own degree program, separate from the general graphic arts. If you have this expertise, you’ll find decent paying jobs with a number of companies as well as gaming app startups. And this degree means you don’t have to spend a lot of time learning to code, either.

Not only that, but with an online degree in video game design, you could get the foundation to create your own video game development company, all from the comfort of your home.

Database Administration

IT is a hot degree today, but learning how to code can seem daunting, and staying up to date with the constantly evolving programming languages is a challenge.

Conversely, database software has been relatively stable, and companies are seeing their stored data grow by 10% a year or more. The solution is larger and more complex databases and more database administrators.

If you earn a degree in database administration, you could work in a number of industries. Whether you’re controlling access to product data, managing customer data or mining data from the IoT, you have a good career in IT ahead of you.

And with the advent of Big Data and advanced data analytics, database administration degrees should continue to be in high demand for years to come.

All these careers have great prospects and adapt themselves very well to online education. This will not only mean that employers will be more inclined to consider you but will give you the same full spectrum of skills any traditional degree would.

Online programs range from diploma mills employers knowingly screen against to brand name universities issuing degrees equally valued by employers and employees. But many online degrees teach you skills employers will readily pay a premium for and will give you great employment opportunities.  Here are the 5 best online degrees for employment.