The game, which is currently scheduled to take place at Adams Park on 30 January, would be the first competitive fixture featuring English sides to take place abroad. Abu Dhabi is understood to be the venue being considered for the clash.
Although no agreement has yet been reached, the move would signal the possibility of more games being held overseas in the future.
“The club are looking into plans around this fixture but at this stage nothing is set in stone,” read a Wasps statement. “The club are in consultation with the Rugby Football Union, LV and Harlequins.
“We are always keen to find ways to be innovative and extend the footprint of the club, while promoting the sport, but at this time nothing is agreed.”
The move resembles proposals of a 39th game in football’s Premier League, a concept which was quickly dismissed, however the commercial appeal of playing a fixture such as this overseas could prove difficult to turn down.
Rugby fans have already seen fixtures move to neutral grounds in the UK, with the London double-header now firmly placed in the calendar.
MORE: The latest football news
MORE: The latest tennis news
BIOGRAPHY: Ethan Hazard
BIOGRAPHY: Daniel Sturridge