How to pay yourself.

The most important step for geoarbitrage. How do you pay yourself and receive the best exchange rates abroad? This is what I do, how i do it, and why.

You’re in South America, you’ve quit your job, packed up life back home, and arrived on a one-way ticket to Peru.

Cusquena Golden Ale beer (quality beer) overlooking the main square in Cusco, Peru 🇵🇪. The old Inca capital. The church on the right is from the 1500s. Spanish conquistador Pizzaro laid the first stone himself.

Your first purchase is a La Lucha Sandwich (Peru food chain - a must-try) and a Cuscena Golden Ale beer (Peruvian beer is EPIC).

You’ve just made your first purchase after paying yourself in US dollars from premium earned from an options trade placed earlier in the week.

You’ve noticed how much purchasing power you have from how powerful the US dollar converts to Peruvian Soles.

Welcome to the life of geoarbitrage, and you haven’t reached Argentina yet.

El Chalten, Patagonia 🇦🇷. Traded a few options from a log cabin in the depths of winter here this year. I love the tranquility in this town with no tourists (winter is off-season).

Earning in a strong currency and spending in a weaker currency with the mid-market exchange rate and low fees is one of the biggest life hacks out there for any man, woman, or transvestite.

You just need to figure out how to earn US dollars from outside your country and pay yourself into a bank account with the best exchange rates with the lowest fees.

US dollars are king in South America.

That’s where combining options trading for income and paying yourself to these two banks play a crucial role.

I’ll also record a video of all the steps of how to pay yourself from your broker.