I visited Taiwan recently and was shocked by the weird economics there. Rent, food, clothing, and labor are extremely cheap. Foreign goods and property are insanely expensive. It's clear there's wealth, as I saw several dozen rare BMWs and Audis, and some Lambos, Ferraris, Bentleys. But then I read that the average annual salary of a new university graduate is $11,000 USD. It's also a very friendly place to foreigner…
If you're a Taiwan local that is able to sell the local talent in the form of offshore services for even 70% of US rates or even just have a remote job that pays well, you will have a Lambo/early retirement/whatever faster than you know it, because you will be able to save the entirety of your post-tax salary.
Google will open a new office complex and add hundreds of jobs in Taiwan
81–85 of 85 posts
Re: Google will open a new office complex and add hundreds of jobs in Taiwan
#82Earlier quoted context omitted.
> safer than mainland SE Asia Safer in what sense? crime? traffic? other?
I was primarily thinking about corruption and political stability, and civil rights (particularly women’s rights) are a concern wrt Malaysia, which otherwise leads in the EDBI for the region.
Re: Google will open a new office complex and add hundreds of jobs in Taiwan
#83I visited Taiwan recently and was shocked by the weird economics there. Rent, food, clothing, and labor are extremely cheap. Foreign goods and property are insanely expensive. It's clear there's wealth, as I saw several dozen rare BMWs and Audis, and some Lambos, Ferraris, Bentleys. But then I read that the average annual salary of a new university graduate is $11,000 USD. It's also a very friendly place to foreigner…
Re: Google will open a new office complex and add hundreds of jobs in Taiwan
#84Earlier quoted context omitted.
The article is not about Project Sidewalk or smart cities, it's about opening an office campus.
I recognize that. But it's plainly a big connected operation, at least until we break it up. They operate via succession -- one subsidiary moves in and helps create space for the next. fwiw, you do people a disservice when you assume they don't know what they're talking about, just because you don't see the connection. If you took a second to offer me good faith and maybe presumed I'd read the article, then you could…
I hope this makes sense. I unfortunately cannot remove the downvote at this point.
Re: Google will open a new office complex and add hundreds of jobs in Taiwan
#85I visited Taiwan recently and was shocked by the weird economics there. Rent, food, clothing, and labor are extremely cheap. Foreign goods and property are insanely expensive. It's clear there's wealth, as I saw several dozen rare BMWs and Audis, and some Lambos, Ferraris, Bentleys. But then I read that the average annual salary of a new university graduate is $11,000 USD. It's also a very friendly place to foreigner…
Totally agree with the rest of your answer but rent is definitely not extremely cheap, at least in Taipei (wich is where most of the jobs are). It can actually be argued that the property market in Taipei is a bubble.