ouroborosidiots

Isn't "right leaning" supposed to mean "lower taxes" in most places?

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 locals getting expensive is because of higher paying jobs - whether or not it is the immigrants who are helping build those industries - no? What is stopping local realtors building more affordable housing for more people? Imo. these immigrants are just accelerating the process of those industries being built.

And I meant more than just taxes. Expat friends of mine are spending 50-60% of their income in the local economy itself. So even if they are getting taxed at 20-30% lower rate for the first 5 years, they probably spent a lot more than the missing 20-30% taxes to gain the skills needed to move there. Do keep in mind that the employers won't be hiring them and moving them from elsewhere if they are not generating more revenue than they are taking in.

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 friends' spending there).

So the expats spend their home country resources for 20-25 years to get educated and be qualified enough to leave it and contribute to a different country's economy, taxes. Now the host country didn't spend any of it's resources in it's education, nor will it contribute to their healthcare - which typically becomes a burden only once they are older, by when they'd have left the country. Still seems like a net positive to me. Just can't put a number on it though. (wrt the 30% tax benefit).

driving up the cost of living for locals.

That means they are spending a lot of money they earn on the local economy itself no? So even if their taxes are higher, if they are creating value in the economy, the locals do end up seeing those benefits imo.

From the perspective of a someone in country that loses a lot of talented/educated citizens to brain drain, If i were in charge of a country to which high skilled immigrants flock to - even if it is for a limited time, I'd try to see what I can do to convert them to permanent residents. It is a tricky thing to balance because the locals shouldn't feel like second class citizens in their own lands. But at the same time, if skilled people are migrating away - that's a lot of missed potential/opportunity.

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 were actually applying to companies like Snapdeal etc.. were the 4 point someones who really have nothing but an "IIT degree" on their Resume.

I interviewed a couple of those for our startup. Honestly speaking, we found more interesting people via Employee referrals - even if they didn't graduate from these universities.

TLDR; What exactly do they expect if they openly advertise "B.Tech from premier institutes. IIT’s, REC’s, BITS, etc" as a job requirement for almost all of their engineering roles?

https://careers.snapdeal.com/careersection/ex/jobdetail.ftl

I am guessing, this is some kind of cheap publicity stunt.

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 ), paying a cook to cook twice everyday ( 800USD per year ), paying someone to clean my house once a week. ( 200 USD per year ) and still manage to save up more than 50% of my paycheck - after paying 30% taxes.

Neither the places abroad offering me to move there nor any of my friends living there have these luxuries. That's why most of my friends working abroad want to come back to India "after making enough money". Especially the married folk, who are expecting babies.

Also the pay difference is really not as high as you'd think it is.Most decent companies (Google, Amazon, etc.. ) here pay you around 40k USD per year for a guy with 3-4 years experience. Most of my freelancer friends here seem to be making more than that actually.