> So basically you're making living for locals unaffordable to trade of for tiny amount of taxes from expats and tiny amount of landowner taxes (which are avoided if possible via tax avoidance schemes)? Living for…
Land owners do end up paying tax on all the money they earn no? And if people are living in a country, they still tend to spend at least 50-60% of it in the local economy itself. (Anecdotal numbers based on expat…
Anecdotally speaking most of my good IIT/NIT/BITs folks moved out of the country/went for MBAs after graduation. The average ones got hired locally by multinationals like EBay / Amazon / Google etc.. So the ones who…
Actually nope. Cost of living matters. A lot. It directly affects the kinds of things you can afford. Out here (in India), I can easily afford: house rent + groceries for a 2 bedroom apartment ( ~2000USD per year ),…
> So basically you're making living for locals unaffordable to trade of for tiny amount of taxes from expats and tiny amount of landowner taxes (which are avoided if possible via tax avoidance schemes)? Living for…
Land owners do end up paying tax on all the money they earn no? And if people are living in a country, they still tend to spend at least 50-60% of it in the local economy itself. (Anecdotal numbers based on expat…
Anecdotally speaking most of my good IIT/NIT/BITs folks moved out of the country/went for MBAs after graduation. The average ones got hired locally by multinationals like EBay / Amazon / Google etc.. So the ones who…
Actually nope. Cost of living matters. A lot. It directly affects the kinds of things you can afford. Out here (in India), I can easily afford: house rent + groceries for a 2 bedroom apartment ( ~2000USD per year ),…