Remix.run Logo
bluebarbet 2 days ago

This is not the full picture, as you surely know.

Remote workers from rich countries do pay tax locally, in the form of VAT and sales taxes. And they typically spend far more than locals, on food to accommodation and everything in between, all while requiring nothing of the local welfare state. It's a direct wealth transfer of thousands per month, earned in one economy and spent in another. In purely economic terms, it's hard to see how this is anything but a good deal for the host country, in the large majority of cases. Hence digital nomad visas.

This is not to say that countries - and societies - don't have the right to allow or deny access to foreigners as they see fit.

hitarpetar 2 days ago | parent [-]

spending more than locals on rent is actually one huge problem with digital nomads

eru 2 days ago | parent [-]

And that's a big shame!

You can set up your tax system so that you raise a lot of public money from foreigners using your real estate. Be that Chinese tycoons parking their money in London apartments, or digital nomads renting a large house in the countryside.

It's really straightforward: a high enough property tax will do it automatically. Or if you want to get fancy, use a land value tax, which is like a property tax, but you get a discount for the value of the building.

bluebarbet a day ago | parent [-]

Between "renting an empty house in the country" and "buying a flat to park money", there is a major difference IMO. The second scenario pushes up housing costs for locals and is almost certainly not a good deal for the host society.

Even the first scenario will fuel inflation, especially given the typical spending power of rich foreigners. It's complicated.