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by lurk2
482 days ago
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> The US and other rich Western companies dump their healthcare and housing costs onto the locals [...] And the reduced taxes that the nomads etc pay doesn't help it. (that is, the ones who actually pay). Most nomads are going to be getting private health insurance. It's true that a lot of them are not paying their taxes, but if you're talking about Latin America that's true for a large portion of the domestic population as well. I looked into relocating to a country in South America a few years ago and had a lawyer tell me to not even worry about filling out the relevant visas because he had clients from China who had been living there for decades with no papers (I opted not to retain his services). The key here is that even if they aren't paying taxes, they are bringing money into the economy and are generally not competing with local laborers. This attitude has started to shift in places like Mexico City because a lot of the expats are not digital nomads but instead run-of-the-mill immigrants competing with the working population for jobs. |
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Those private health insurances are subsidized by the public healthcare because they piggyback off of the public healthcare system. That's why they are affordable, unlike the US. And as a result, those nomads end up congestion the public healthcare system because the private health insurers also send their own patients to public hospitals for anything serious. Im telling this from a place that is experiencing precisely this.
> It's true that a lot of them are not paying their taxes, but if you're talking about Latin America that's true for a large portion of the domestic population as well
The amount of taxes avoided by the poor majority in such countries don't compare to the taxes avoided by the rich white collars. Nomads earn 2 to 5 times more than the local white collars as well. Even in some European countries.
> The key here is that even if they aren't paying taxes, they are bringing money into the economy
They don't. People think that but neither tourists nor nomads nor short term-renters (whatever the kind) bring money into the economy:
The nomad doesn't buy 10 shoes every month, 2 cars every year, eat out 20 times every day or buy 50 loaves of bread every day. He consumes just like any other human being (obviously), and his consumption does not move the needle of the local economy much.
What nomad's consumption boosts is a few local/luxury shops that cater to the rich or nomads, and maybe one or two local shops or services that they also use. Those few businesses make bank even as other businesses in the same neighborhood rot. And those few businesses that benefit don't buy dozens of employees to make up for the added workload - they hire one or two and everyone works harder and that's it. So what nomads end up doing is enriching a few local, already-well-to-do shop and business owners. On the other side, they cause a 20 to 30% increase in rents (even in Europe), housing prices and significant increases in CoL.
> This attitude has started to shift in places like Mexico City because a lot of the expats are not digital nomads but instead run-of-the-mill immigrants competing with the working population for jobs.
It started changing in Europe too. In places like Barcelona, Madrid, Southern Spain, Portugal, some central European 'bohemian' destinations etc. Mostly because of the sharp gentrification the nomads are causing even for the white collars. But especially the English-speaking foreigner population concentration in some places became way too visible and they started outnumbering the locals. In Barcelona there seems to be a lot of cafes in the city center where the waiters don't know Spanish or Catalan, people having difficulty hearing either language being spoken in the city center etc.
In any case a strong reaction came to being against nomadism and its not looking good.