The Spaniard has not broken through to his country's national team, and that situation is unlikely to change for the 28-year-old in the near future.
Arteta qualifies to play for England having gained British citizenship during his five years at Everton.
Arteta said: "If one day the opportunity comes obviously I would have to consider it very seriously."
It would be a controversial step to take for England boss Fabio Capello should he decide he wants Arteta in his squad.
Arteta added: "I don't know what his [Capello's] thoughts are.
"I know some people have been talking about it, but I haven't said anything yet because the offer is not there at the moment."
Quite sad ah he. Talented midfielder, it just happens that there are an abundance of them in Spain