Is it wrong? Assuming he refers to top talent, $50-80k isn’t enough to get anyone. You’d hardly be able to hire a top developer in Southeast Asia for this kind of money
I don't know about Portugsl or Spain, but $50k would put uou into "wildest dreams" category in a Lot of countries.
And you'd be surprised at how much exceptional talent is out there. Apparently with 8 billion people to choose from the supply pool gets a lot bigger than those who live in very expensive cities.
Luckily wfh means companies are much more likely to hire remote workers now. Well lucky for folks like me anyway...
I'm in France, we have a slightly higher income than Portugal and Spain (less now than in the past I think but still), and even there 50k€ is a very good salary. 80k€ puts you in the top 3% in France (2023, for salaries).
Here in Brazil $80k turns in 400k BRL or 33k per month. This make you go to the top 1% salary by a very large margin.