I know a few smart people from Europe who went to the USA. Several of the smartest went to Canada in Trump 1. More have followed now. They still prefer Canada above returning to the EU, even if it is legally harder.
Canada losing top talent as workers head to the U.S.
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Re: Canada losing top talent as workers head to the U.S.
#72The not-so-top secret way to get rich as a Canadian new grad in tech is to get a job at a unicorn by way of TN status, hop around for ~5-10 years, possibly getting an H-1B, but never pursuing a greencard. Accumulate wealth by any means necessary. If you find yourself with nice RSUs or options, hang on to them or exercise them, respectively. When you're fed up move back to Canada and enjoy no exit tax and enjoy the st…
How do they get the cost-basis reset?
Re: Canada losing top talent as workers head to the U.S.
#73The not-so-top secret way to get rich as a Canadian new grad in tech is to get a job at a unicorn by way of TN status, hop around for ~5-10 years, possibly getting an H-1B, but never pursuing a greencard. Accumulate wealth by any means necessary. If you find yourself with nice RSUs or options, hang on to them or exercise them, respectively. When you're fed up move back to Canada and enjoy no exit tax and enjoy the st…
How do they get the cost-basis reset?
Canada counts it from the moment you entered it as domicile
Re: Canada losing top talent as workers head to the U.S.
#74They can't be that smart if they're heading into the US now. Concerns about ICE hunting down "furiners" should be enough to give them pause; Especially those that are part of a visible minority.
I'm a visible minority who went from the GTA to Boston, everything is fine. People with this attitude are mostly fear mongering. No one I know has been harassed by ICE. Not saying they aren't doing terrible stuff, but the average tech worker is just fine in the US.
Re: Canada losing top talent as workers head to the U.S.
#75Re: Canada losing top talent as workers head to the U.S.
#76Re: Canada losing top talent as workers head to the U.S.
#77Earlier quoted context omitted.
Back in 2019 Microsoft sent job offer, 145k usd/yr base moving to SF. Couldn't get visa (no degree). New offer: 95k cad/yr in Vancouver I've done well since then, but being in Canada I'm always "out of band". Implicit implication that I should move south where lower level positions already match Canadian bands
What you and hiddenthrowaway wrote is consistent with my understanding, that Canadian FAANG offices are staffed mostly with those who cannot (and often will never get) a US visa, plus the odd local who doesn't want to move to the US for personal or family reasons.
indeed, I saw that first hand at MS Vancouver office
Re: Canada losing top talent as workers head to the U.S.
#78Earlier quoted context omitted.
What you and hiddenthrowaway wrote is consistent with my understanding, that Canadian FAANG offices are staffed mostly with those who cannot (and often will never get) a US visa, plus the odd local who doesn't want to move to the US for personal or family reasons.
indeed, I saw that first hand at MS Vancouver office
What would you say the ratio is? 10:1? 20:1?
Re: Canada losing top talent as workers head to the U.S.
#79Re: Canada losing top talent as workers head to the U.S.
#80Earlier quoted context omitted.
I don't understand your injection of your own morality into my statement, it is completely orthogonal to my point.
I did not mean to make a moral judgement. I was too flippant. It is a weird comparison. You compare a salary in an industry where people are known to be paid well to one where people are known to be paid poorly. Of course you make more money regardless of USA or Canada.
My point was that someone I've known for my entire life, I earn more than them through my bonus than they make working an entire year. This is a personal connection. The amount of money I make in Silicon Valley is enormous compared to people I know very well. It should be the same way in Canada and maybe having a solid layer of well-off tech workers will raise everyone's salaries. Experienced teachers in private schools in Silicon Valley make well over $100k, unlike my friend in Toronto so there is something to be said about the trickle down effect (even though I mostly don't believe it).