Wealth inequality is the main goal to be honest. A high median net wealth so that people stop being poor in opportunity.
Belgium has 256k USD median net wealth and Germany has it at 66k USD.
Both countries have low income inequality (Belgium 0,26 and Germany 0,29 gini).
Which country would you choose to migrate to in order to increase your family’s net worth?
If you’re wealthy already then perhaps Germany. If you’re poor then probably Belgium.
Don’t get us wrong though, we do this mainly because we have an aging population and are in need of quite some immigrants that can be activated in the labour market.
No you see, we have to fix wealth inequality without effecting the personal wealth of the rich.
income inequality*
Wealth inequality is the main goal to be honest. A high median net wealth so that people stop being poor in opportunity.
Belgium has 256k USD median net wealth and Germany has it at 66k USD.
Both countries have low income inequality (Belgium 0,26 and Germany 0,29 gini).
Which country would you choose to migrate to in order to increase your family’s net worth?
If you’re wealthy already then perhaps Germany. If you’re poor then probably Belgium.
Don’t get us wrong though, we do this mainly because we have an aging population and are in need of quite some immigrants that can be activated in the labour market.
I agree, just wanted to point out there is a meaningful difference between those two problems their solutions.
Though the last part of your comment confuses me, do you mean we Belgium or we Germany? And you write do this, but I’m not sure what this refers to.
I’m Belgian