@balajis
The war for talent is on. China already took over US manufacturing. Now it's making a bid for the talent pipeline too. https://t.co/dFrlMSJOwp
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"text": "THE WAR FOR TALENT\n\nAre there countries that want capital and talent? Of course there are. The UAE is all in on this. And they already attract more millionaires per year than the US, with 1/30 the population:\n\nThey're also recruiting heavily for talent. They have visa programs where you can just self sponsor yourself and get approval quickly, rather than waiting years through the byzantine American process. The green visa is an example:\n\nAs a consequence, more than 240,000 Brits have already moved to Dubai, along with literally millions of people of Indian origin. The country has only ~1M native Emiratis so more than 80% of the residents are mobile workers, both skilled and unskilled.\n\nYou can't become a UAE citizen unless you're globally exceptional like Pavel Durov. But in practice this isn't a big deal for most skilled workers. It's like working at Google where you get access to the cafeteria so long as you're employed there. Similarly, so long as you can support yourself and obey the law, you can likely get to the UAE and build a life there.\n\nAnd if you can't get into the UAE? Well, they aren't the only country recruiting for talent. So is the rest of the world. Dozens of countries have opened up digital nomad, remote worker, and golden visa programs. Because they want talented, law-abiding people to come in, work hard, and enrich their economy.\n\nOnly those places which have inherited vast wealth (but forgotten how to build it) are contemptuous towards global talent and capital.\n\nBecause in the internet era the cloud has leverage too. You just need a laptop, a coffee shop, and a welcoming jurisdiction. And there are many of them.",
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