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They didn’t say it was nothing they said it was nearly nothing “no practical effect” on the economy, which is true. One of the exciting and appealing parts abo
by malux85 2y ago
They didn’t say it was nothing they said it was nearly nothing “no practical effect” on the economy, which is true.
One of the exciting and appealing parts about remote work is the enormous lifestyle increase you can get by living in a country where cost of living is low and the currency exchange is favourable.
NZ cost of living is pretty high, and also housing is a problem, the government press release and posturing is acting like this is going to bring a swath of digital workers to accelerate the NZ economy (they actually said that was the primary reason for this). Which is just not true at all.
In NZ on a 6 figure USD salary, you can get a nice apartment (single bedroom) in the city and live comfortably.
In southeast Asian countries you could have a villa with a pool and a personal chef, cleaner, for less money. Same in most of Europe if you go to the right places (not the big cities). How do I know? I was a travelling nomad for 6 years and lived in 6 different countries. NZ is where I have settled now, but there’s NO WAY a tidal wave of digital nomads are coming here to revitalise our economy, like the ministers claimed.
- hindsightbias 2y agoWe are going to Vancouver NZ so hard.
- malux85 2y agoI thought that too
- crowcroft 2y agoI'm not going to argue semantics about the difference between 'nothing' and 'no practical effect'. Very rarely does one law change in isolation have a significant impact the entire economy. That doesn't mean that you shouldn't do it, and it doesn't mean it has no effect.