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I think Singapore is one of my other favourite cities in addition to Helsinki! In many ways it's very different though - while the taxes are lower, its general
by dharma1 6y ago
I think Singapore is one of my other favourite cities in addition to Helsinki!
In many ways it's very different though - while the taxes are lower, its generally much more expensive, especially if you have kids. Singapore is a very dense, packed, hot city - you get a bit of island fever and are not so close to nature. Helsinki is literally the opposite. Singapore and Helsinki are both very, very safe, but I find Singapore has more extreme ends of wealth distribution (very badly paid migrant workers).
Both are super functional though, with good universities, and both great options for running a company/working in tech. I would happily live in either city.
- eru 6y agoHelsinki could also have badly paid migrant workers, if they wanted to. Instead they don't let migrant construction workers nor gardeners nor cleaners etc into the country, which is worse for global inequality. But, out of sight, out of mind. (There's more to say about income distribution in Singapore, but having migrant workers, even if badly paid, is a plus in my book. If Singaporean immigration was more open, they would have even more low paid foreigners. Making the situation look worse, but be better purely in terms of global equality.) With kids: I think it's mostly expensive if you are an expat and go the expat route with everything. If you go more local and earn a decent amount of money, the amount you save in taxes should more than make up for some extra costs. (There's also a breakeven point for expats with kids at private international school, but it's obviously much higher.)
- dharma1 6y ago>Helsinki could also have badly paid migrant workers, if they wanted to. Instead they don't let migrant construction workers nor gardeners nor cleaners etc into the country, which is worse for global inequality. But, out of sight, out of mind. (There's more to say about income distribution in Singapore, but having migrant workers, even if badly paid, is a plus in my book. I also think low-skilled migrants are ok, to a degree. Migrants from EU can travel and work in Finland freely without visa. There are many Estonian, and some Bulgarian etc construction workers - but there also legally enforced minimum salaries for everyone. In Singapore there is no minimum salary and that is one of the causes of their extreme income distribution. > With kids: I think it's mostly expensive if you are an expat and go the expat route with everything. If you go more local and earn a decent amount of money, the amount you save in taxes should more than make up for some extra costs. (There's also a breakeven point for expats with kids at private international school, but it's obviously much higher.) This is true - but getting a space for a foreign child in local schools in Singapore is really, really difficult. So you almost have to factor in private school fees. Other costs are fairly comparable to Helsinki, except health care, and cars are even more expensive in Singapore - you don't really need one though. But you're right, post-tax income quickly becomes attractive in Singapore for people on higher levels of income.
- eru 6y ago> I also think low-skilled migrants are ok, to a degree. Migrants from EU can travel and work in Finland freely without visa. There are many Estonian, and some Bulgarian etc construction workers - but there also legally enforced minimum salaries for everyone. In Singapore there is no minimum salary and that is one of the causes of their extreme income distribution. You are mixing up two things. First, Singapore doesn't have minimum wages for locals. There are much more interventionist for foreigners: there are different visa categories, and they come with restrictions like minimum salaries and various levies etc. (And that's independent of any critique of the notion that outlawing jobs for people with low productivity does them a favour. Interestingly, Finland also doesn't have a universal minimum wage. Just like my native Germany didn't use to have one.) But yes, you are right to remind me that the EU is rather big and has parts that are much poorer than Finland where the Fins might draw construction workers. About cars: for most people they are status objects here. There's more of a real need for cars for people with lots of kids, but even there ride hailing has gotten much more convenient in the last decade. About the costs: the well to do foreigners that can afford private schools are also exactly those that the country is most open to offering permanent residency and citizenship to.
- dharma1 6y agoYou are right, Finland doesn't have universal minimum salary, but it does have a similar, interesting state sanctioned relic - most industries with unions have a union enforced, national minimum salary for their industry - this includes construction, hospitality, manufacturing etc. It has been criticised for creating lack of flexibility in the job market - perhaps so, I don't have a strong opinion. Absolutely right that Singapore wants to primarily attract foreigners longer term who won't place a burden on the already stretched public services (state provided housing or schooling). Though even for many of them PR/citizenship can be a long, long time away. Helsinki should also increase capacity of English speaking private schools to attract well-to do foreigners interested in living in Helsinki, that's one of the things this "City as a Service" plan isn't able to arrange at scale right now - there are simply not enough places since there are only 1-2 private schools for English speaking kids. The tax situation couldn't be much different between the two, but beyond that I think both countries offer a high quality of living and a vibrant tech sector. Also, for people running their own companies there are always ways to plan your tax affairs, regardless of where you live.
- enriquto 6y ago> I think Singapore is one of my other favourite cities in addition to Helsinki! You have a really open mind if two such different cities are your favourites! In my view, Helsinky is a really nice place, but Singapore is a scary, hellish dystopia.
- eru 6y agoHave you been? It's perhaps not for everybody. But the usual complaint from the set of people who have been and don't love the place, is that it's perhaps a bit too boring and well ordered. It's pretty much the opposite of scary here. I like that I don't have to constantly use 20% of my brain when out in a cafe to keep an eye on my stuff like in London, where things get nicked left and right.
- enriquto 6y ago> to constantly use 20% of my brain when out in a cafe to keep an eye Same thing for me. Singapore would stress the heck out of me, I'd have to constantly use 20% of my brain on whether I can drink that coffee or it is an illegal substance and police will just casually murder me. No way I'm setting foot on that crazy hellhole.
- eru 6y agoHuh? The police doesn't just casually murder people, we have the rule of law and all that. Most other places have illegal substances as well. It's just that the list differs from place to place. There's no capital punishment for consuming illicit drugs here. That's reserved for dealing. (And in any case, there's no penalty for consuming anything by accident.) It's all fairly boring. If you are set on wanting to be stressed out, you'd have an easier time complaining about long working hours in local companies. (Working for multinationals is fine.) See also https://en.wikipedia.org/wiki/Kiasu https://en.wikipedia.org/wiki/Kiasu It's a legitimate position that you want more drugs to be legal. But it's rather weird to clad your complaint in the words of stress.