It's ironic you should mention Bangladesh because there's a guy on my payroll who lives in Bangladesh and I'm flying him to an international conference soon. It does indeed take more paperwork than usual, it will be a unique opportunity for him and probably not his last with me, he's a great employee.

Working remotely != moving for geo-arbitrage. If anything, it's the opposite, where the employer is taking advantage of geo-arbitrage.

In this model, people living in Bangladesh skip the “moving” part. They already live in a low cost locale.

So they have open doors to be wildly successful entrepreneurs?

My point is that the OPs “model” is a strategy for a limited population and not very generalizable. Within those caveats, I have no issue with their suggestion.