Creating a low cost of living EA hub + co-living/co-working space for people trying to effectively change the world for the better seems, to me and many people I've spoken to, like a potentially unusually high value project. This is something I'm personally very interested in (though I've been prioritizing other projects recently), with the plan which seems most promising to me being buying and converting a hotel (with people who want more independant living space renting nearby). Simply picking a location as a schelling point is also an option, but having a place for new arrivals to easily get involved and a founding group moving together to focus on setting up a specific location seems likely to increase the chance of hitting critical mass.
I've created a spreadsheet of countries which have been suggested at some point or seem like they have potential from a glance, and would like to open up information gathering to other interested EAs, so we can to help narrow down the large list and start looking at a few specific locations. Helping out with this is something which anyone can do in a spare few minutes (or suggest to people who want a flexibly sized EA task), pick a box to fill in, check Nomadlist, Teleport, or google relevant things, read, add summary+useful links.
Additionally, Geordie and I created a survey to gauge interest and learn what people want from a new hub. I'd love some feedback on the survey itself (especially from people who've done surveys before and know the kinds of things that we'll probably wish we asked) before we try and widely publiscize it.
Suggestions for names and other countries which are worth investigating are also welcome.
Assorted links for background:
Slack (send me your email for an invite)
I'd imagine there would be effects of this kind, but I expect the local impact to be much smaller than the impact flowing through enabling people trying to improve the world to be more effective and live on a tighter budget, so I'd not want to prioritize optimizing this class of effect over picking a place that works best for EAs. Still, if there are two otherwise similar locations, one of which would likely lead to notably larger effects of this kind, it could be a tiebreaker.