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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.

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.)



>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.


> 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.


You 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.


> 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).

I'm not sure those public services are 'already stretched'. Perhaps at most in a relative sense compared to the rest of Singapore's generous infrastructure?

> Also, for people running their own companies there are always ways to plan your tax affairs, regardless of where you live.

That there are ways to optimize your taxes in multiple places doesn't make them equal, nor even similar. (Otherwise, eg the American corporate tax cut a while ago wouldn't have been such big news.)

In any case, regardless of tax rate, taxes here are much simpler. There's less overhead in doing your taxes.

Some friends of mine ran businesses both in Singapore and in Poland. Their accounting in Singapore is vastly simpler.

> You 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.

I am familiar with the system from growing up in Germany. Alas, I'm also familiar with trying to foist higher wages on a part of the country than the market can support. That's what led to decades of high unemployment in East Germany.

(Though to be honest, the German unifiers were between a rock and a hard place. It was either high wages and people migrating away from unemployment, or otherwise people migrating away from low wages.

Politically, it was an easier sell to convert the East German Mark and associated contracts etc at the symbolic rate of 1:1 (and 1:2), instead of the more realistic black market rates of 1:5 to 1:10.)

> 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.

One more remark on that: Singapore isn't a monolith. In general, the government is more open to migration and capitalism than the population. Many (but far from all) of the existing restrictions are to keep the voters from rebelling.




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