[doozy]

And what country is this? Because I've been approached by European (German and Dutch) companies and the compensation was way below my expectations. If I'm not mistaken the minimum required in those countries to get a visa is only about €45k/€50k a year.

[inflagranti]

Which is the median salary in those regions. While an argument can be made it should at least be in the 75% or something, this definitely doesn't disprove the original statement that at least it won't suppress wages (to something like Indian or eastern European levels).

Edit: I guess I might misunderstand the word suppress actually. If it means keep wages constant then I guess expanding the worker pool at the median salary level would probably do that, and the effect of not having any restriction would depress them!?