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by bitL 1313 days ago
Imagine being a 20-year old in Germany and Netherlands and finding the cheapest house you can own goes for 500k. Your salary peaks at 80k after 10 years of work, half of it goes to taxes and 1/3 of that is lost on rent you are forced to pay. Your only option is a 30+ year mortgage that will send you to a rat race with no options to leave, especially when you get married. Or you spend 5 years in Dubai, working remotely for 100k+, return back home and buy a property. Then you work only as much as you need. What would be your choice?
1 comments

Sure, but what you are describing is not the same as becoming a tax resident of country solely for tax gains, I think that is morally wrong. I do believe in open borders and flows of labor, if specific part of the the world raise wages to attract skilled labour, I think that's great, more choice for us all! I personally would still want to live in the Netherlands earning a third of the disposable income compared to Dubai for various reason, including moral as well as standard of livings reasons but I completely understand somebody else might make a different choice.