I’m curious as to your reasoning behind this example:
Let’s assume we take a talented Malawian worker earning $2000 a year (4x the national average) and help them to move to Germany:
Not only does their personal income increase by 25x, but if they send 10% of their income home in remittances ($5,500), they can double the incomes of ten of their family members.
My understanding is the sub-Saharan immigrants to Germany typically earn well below average German incomes; is your plan that you will be much more selective?
Average migrants I’m sure do earn less than average. We are specifically selecting people to place them into jobs so they will definitely earn above the average for Africans in Germany and some will earn above average German salaries.
I picked the Malawi to Germany opportunity to illustrate the scale of possibility. We are actually considering backing a company that helps Malawians move to work as nurses in Germany and who would be earning at this salary level.
I’m curious as to your reasoning behind this example:
My understanding is the sub-Saharan immigrants to Germany typically earn well below average German incomes; is your plan that you will be much more selective?
Average migrants I’m sure do earn less than average. We are specifically selecting people to place them into jobs so they will definitely earn above the average for Africans in Germany and some will earn above average German salaries.
I picked the Malawi to Germany opportunity to illustrate the scale of possibility. We are actually considering backing a company that helps Malawians move to work as nurses in Germany and who would be earning at this salary level.