Requiring proficiency in the language is reasonable, but requiring everyone to be richer than the average member of the population and have enough money banked to live off of for 30 years seems insane. That goes well beyond simply making sure that people are able to care for themselves.
> requiring everyone to be richer than the average member of the population
In the UK, only 47% are net tax contributors. I can't find what the same statistic is for Japan. I don't believe it's wrong for there to be an expectation that they be a net contributor.
Most countries need both VAT and income tax to fund their budget. Importing well off immigrants means they subsidize the VAT part only and likely do not generate income from Japan salaries. This is basically same problem as with digital nomads: they use the infrastructure which they do not fund proportionally compared to regular citizens.
A digital nomad is still economically positive when a) their money circulates locally, eg at cafes and restaurants and b) comes from outside the region. That’s because they’re bringing wealth generated elsewhere (ie, at their employer) into the region.
While you’re correct the state misses out on income taxes, they get taxes on further spending, eg, when those digital nomad supplied dollars are used to pay wages at the cafe.
Not specifically about digital nomads, but Amazon used to estimate their salary dollars induce $2.5 of additional local economic activity — as Amazon employees bought from local stores, the store employees did in turn, etc.
> While you’re correct the state misses out on income taxes, they get taxes on further spending, eg, when those digital nomad supplied dollars are used to pay wages at the cafe.
This only works to some extent, because, again, you can't subsidize budget with VAT only. And a person who is a bona fide employed immigrant still pays more tax in place of "just" a nomad.
They don’t get VAT only, but also income taxes on wages to support that activity and additional rounds of VAT.
Yes — people who emigrate to work there pay more in taxes, but they generally also consume more: the job they’re working displaces a local, they benefit from social medicine, etc. Digital nomads bring jobs from elsewhere to spend locally, while not benefiting from (eg) local healthcare or schools.
> They don’t get VAT only, but also income taxes on wages to support that activity and additional rounds of VAT
They would get the same wages earned on the workload surplus coming from employed immigrants in place of nomads. That's the whole point discussed here.
autoexec · · focus · HN ↗
e2le · · focus · HN ↗
In the UK, only 47% are net tax contributors. I can't find what the same statistic is for Japan. I don't believe it's wrong for there to be an expectation that they be a net contributor.
cromka · · focus · HN ↗
Am I missing something here?
zmgsabst · · focus · HN ↗
A digital nomad is still economically positive when a) their money circulates locally, eg at cafes and restaurants and b) comes from outside the region. That’s because they’re bringing wealth generated elsewhere (ie, at their employer) into the region.
While you’re correct the state misses out on income taxes, they get taxes on further spending, eg, when those digital nomad supplied dollars are used to pay wages at the cafe.
Not specifically about digital nomads, but Amazon used to estimate their salary dollars induce $2.5 of additional local economic activity — as Amazon employees bought from local stores, the store employees did in turn, etc.
cromka · · focus · HN ↗
This only works to some extent, because, again, you can't subsidize budget with VAT only. And a person who is a bona fide employed immigrant still pays more tax in place of "just" a nomad.
Sorry, but your logic is flawed here.
zmgsabst · · focus · HN ↗
Yes — people who emigrate to work there pay more in taxes, but they generally also consume more: the job they’re working displaces a local, they benefit from social medicine, etc. Digital nomads bring jobs from elsewhere to spend locally, while not benefiting from (eg) local healthcare or schools.
cromka · · focus · HN ↗
They would get the same wages earned on the workload surplus coming from employed immigrants in place of nomads. That's the whole point discussed here.