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by gizmo 705 days ago
Digital nomads don’t settle but other digital nomads will take their place if the country has enough on offer. When a city is able to attract educated, intelligent and motivated people through a simple tax policy change you can expect all sorts of positive downstream externalities. Ambitious people don’t want to live in dying cities. Anything that stops brain drain is good. Whatever politicians can do to attract talent is going to be net positive, even when that means tax cuts for digital nomads who don’t employ anybody and who have no loyalty to their host country.