Within the space of a year, more than 288,000 German citizens have moved abroad. This is confirmed by data from Germany’s Federal Statistical Office (source in German) (Destatis).
This is more or less in line with the long-term trend as per the linked source. Net migration for German nationals has been negative in the higher 5-digits for several years, while there are more non-Germans entering the country, resulting in a positive net migration.
Edit: We can measure ‘brain drain’ by several standards as we know. One is the Human Flight and Brain Drain Index (HFBDI) that measures the economic impact of “human capital flight”, commonly referred to as “brain drain,” within a country. The index ranges from 0 to 10, where a higher score indicates a greater degree of human capital flight.
The HFBDI shows relatively low scores for higher developed countries, and high scores for countries in the Global South. Germany has a score of 1.6, more or less like all of Europe, North America, and Australia and New Zealand,
The HFBDI average for 2024 based on 175 countries was 4.98 index points. The highest value was in Samoa: 10 index points and the lowest value was in Australia: 0.3 index points.
The world’s two largest countries, India and China, show relative higher brain drains according to this metric with scores of 4.8 and 3.3, respectively.
Pass an exit tax of 38% like Norway did.
I hadn’t heard about this but I love the idea
And go where? Everywhere is fucked in different ways
The people being talked about? Somewhere else in the EU with higher wages, lower cost of living or lower taxes, in some combination.
Denmark, the Netherlands for pay, Eastern EU for CoL for example.
If everywhere is fucked, you might as well be somewhere warm and beautiful.
With climate change, why move if you can just wait.
It‘s warm and beautiful until you need a doctor. Then it‘s just underdeveloped or overpriced and you come crawling back. There never has been an exodus of the rich specifically.
Which makes perfect sense sense once you realize this system they threaten to move out of is what made them rich. They‘re economic winners. Why would they suddenly leave to some foreign place where things are uncertain? Chaos is only a ladder for those at the bottom.
There are places less fucked. Ireland comes to mind
Monaco. No income taxes, full of sports assholes evading taxes on their 20 million euro contracts.
Germany should tighten its laws; it is quite easy to first leave Germany, pay no German tax or contribute in any other way, and then return again when it is opportune (e.g. when you get old or sick and want to use the German benefits).
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Works fine for me.
Oh no!
Anyway…
