One of the big fallacies is that VFX is going to “cheap” places like India and China. It makes sense at first: The cost of living is extremely low in emerging markets and therefore the cost of labor is cheap. However we haven’t really seen a dramatic presence there.
What I have observed is that VFX is going to places where the cost of living is very expensive: London, Vancouver, Sydney, Singapore. Of course there is New Zealand which is relatively cheap but ironically Weta pays some of the highest rates in the biz. Of course I argue the reason for all of this is subsidies that the US studios want to take advantage of.
Many here in California are asked (okay, coerced) to make the move. A reader sent me an email going over some of the costs of living in Vancouver. It’s not cheap:
Posted by VFX Soldier 
