Geographical aspects of geo-arbitrage: work in Canada and live in countries with low cost of living

9th Symposium of the International Society for Digital Earth

地球科学;计算机科学

Penney, J.^1 ; Dramowicz, K.^2

ESRI, Redlands

CA, United States^1

Centre of Geographic Sciences, Lawrencetown

NS, Canada^2

关键词: Economic factors;    English languages;    Environmental issues;    Geographic location;    Internet access;    Price difference;    Specific information;    Standard of living;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/34/1/012025/pdf
DOI  :  10.1088/1755-1315/34/1/012025

学科分类：计算机科学（综合）

来源: IOP

【 摘 要 】

The term geo-arbitrage means taking advantage of the difference in living costs between different geographic locations. This paper focuses on geographical aspects of international geo-arbitrage based on differences in the cost of living from one country to another. More precisely, the paper shows the perspective for a Canadian (student, volunteer, entrepreneur, IT person, or retiree) with some sort of mobile income or savings can take advantage of price differences by traveling to other countries. The paper is based on world development indicators, which cover a wide range of criteria when moving to another country. The data were collected for approximately 200 countries and represent the following categories of criteria: cost of living (economic factors), standard of living (such as safety, health care, environmental issues), and personal preferences (such as distance to home, Internet access or popularity of English language). The user input is required to rank or weight the importance of each of the criteria when moving to another country. One model was developed to emphasize the cost of living by controlling the weights 'behind-the-scenes'. The results produce a list of the top suitable countries to practice geo-arbitrage. Another model allows the user to input weights for each criteria instead of ranks. The results from both models are mapped based on resulting suitability values. The top selected suitable countries are mapped, and the more specific information on each selected country is presented to the user, including the detailed cost of living, and current travel warning.