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BTW, there are places, like Nepal, where $12k could buy a lot more for a team.

Kathmandu could be a hub for backpacker coders and small teams. It is an ideal place for coding camps and sprints - rentals are cheap.

Also it is an education hub of a small country, so there is no shortage of English speaking CS students.

Nepal needs new visitors after earthquake.

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I'm in Chiang Mai, Thailand right now, and $12k would also go a lot further here. Maybe I'll look at Nepal next, and it would be interesting both for personal adventure and to help the local economy recover... but what puts me off is the internet speed - how fast is it out there?

It is rather slow, due to limited bandwidth (Hymalayas) and lots of customers, but it is good-enough for web, git and ssh.)

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