Euro Top Tech Jobs - Week 22
Winter escapes, Dubai job market, remote work, geo-arbitrage
A bit of a random and mixed edition today.
In Tenerife (Canary Islands) is still summer
Been here for a few days and it’s quite nice as a winter escape in Europe.
Just a few hours flight from most European cities.
Warm weather.
Clean and warm sea water.
Good food.
Quite affordable: Similar to south of Spain / Poland / Balkans.
A few pics
Price and quality of food
If you like seafood, as most souther European places, here it’s quite good and great value for money. The above dorata was 800 gr, top quality and fresh, amazingly cooked, and costed just 27 euros.
In Zurich for 27 euros you can get half a kg of chicken at the supermarket… 😅
Similar thing for other types of food and wine:
20-25 euros bottles for great local wines at the restaurant.
1-2 euros for coffee at bars/restaurants.
Which leads us to one of our favorite topics…
Geo-arbitrage and remote
Remote GOATs is growing and we’re now at 61 members.
Geo-arbitraging as remote workers is less appealing to Americans.
But it doesn’t have to be like that - if you are OK leaving the US (at least for part of the year).
If you want to, you’re not the only one. See here for this US big tech PM left the Bay Area for Asia without compromising his path to wealth.
The reasons on why you’d want to go remote and geo-arbitrage your wealth are obvious at this point.
Germany
Let’s make fun of Germany for a second.
Of course I’m just joking and there’s nothing bad about Germany per se.
But, it’s a good example to talk about.
Devs used to move to Germany for better pay, opportunity and quality of life.
Nowadays, moving to Germany is one of the worst moves a dev can do IMO.
Salaries aren’t that high, economy is stagnant, quality of life isn’t great compared to the alternatives…
It has some upsides like good infrastructure, somewhat stable and reliable environment (although much less today than 10 years ago), good standard of living for most people in the society, etc.
But if you manage to position yourself as a high-paid remote worker you can 100x your freedom, lifestyle and wealth compared to a dev in Germany.
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Canary islands is a great place to work.
You have between 20 and 22 degrees all year.
I wrote some time agot about the feasibility of working from Asturias, smal region in the north of Spain too https://optimistengineer.substack.com/p/digital-nomads-in-spain-is-it-feasible?utm_source=publication-search
Germany is not so bad as you make it look like: good infrastructure, good healthcare (although you need to wait longer for an appointment), centrally located in Europe. A good developer has 100k+ nowadays in Berlin. The housing costs are high now but they will remain stable if you get an unlimited rental contract or a mortgage while the salaries will rise. I’ve bought a house with a mortgage with less than 1% interest and my salary increased by 30% since then (while the monthly payment remained the same).