[ed_balls]

I wouldn't be surprised if a good developer in Romania makes $40k a year (net salary) which is equivalent of $70k ($130k gross) in SF? The market is working.

[davidw]

In a completely friction-free market, if their work is completely equivalent (including the PITA of having them remote) then they're salary would be bid up to the US level.

[AdrianB1]

No, it does not; in socialist Romania the tax is more than 60%, so the net is lower. The net salary for a good developer is ~ $25k.

[ed_balls]

You set up a company with 16% corporate tax.