But he's putting his foot down at the notion of traveling to the challenger's backyard.
UFC president Dana White has indicated that the three cities being considered for the Sept. 27 UFC light heavyweight title bout are Stockholm, Toronto, and Las Vegas.
But on Monday's edition of The MMA Hour, the defending champ said he's not going to go fight on his challenger's home turf.
"It won't be Sweden. No chance," Jones said. "I have no reason to. I'm the champ and he's the challenger, I don't find it appropriate for me to go to his back yard."
Jones-Gustafsson I, which was won by Jones on a unanimous decision, was held at UFC 165 last September at Toronto's Air Canada Centre. Aside from noting the hassle of paying Canadian taxes, Jones says he doesn't care whether the fight is held in Toronto or Nevada.
"Either one of those locations is fine with me," Jones said.