Even though it's expensive to live here, we're not anywhere near San Francisco, in terms of say housing prices. And there are many other things I also never have to worry about, without getting too political about the issues.
side note: above 33K tax is 50%+ on each and every euro, about 20% below
How does one relocate to the US, sigh
First is the lack of venture capital. Major economies like Germany and France are still only typically seeing $3 or $4 billion per year in venture capital investment (an improvement over five years ago granted). The US has averaged around $85 billion per year over the prior six years, or over half a trillion dollars in that time. With interest rates & yields heading permanently lower in the US, it's likely we'll see $100+ billion routinely in annual VC in the coming decade (outside of down blips in recessions), as capital desperately chases returns.
The EU has typically been closer to $15 billion per year, with a few higher years more recently. You can't compete at those levels. Countries like Finland, Poland, Portugal, Italy, Belgium, Austria, etc. are regularly seeing only $100-$300 million per year in VC. Spain is a major economy and they struggle to consistently attract $750m-$1b per year. Europe needs to pump up its VC figures considerably; more start-ups, more funding, pay engineers higher wages to retain & attract more talent (SV has been pillaging Europe for talent for decades).
The VC funding per capita in the US - 330m people - is around $250 give or take. For Italy it's about $3. That's obscene, Italy has a $2 trillion economy and $34k GDP per capita. Something needs to be done to dramatically increase such figures, probably both at the local level and the EU level.
Second is the difficulty in going from a small start-up with a small amount of venture capital, to try to scale out rapidly across the EU, much less the world. It's extremely difficult, versus the springboard US start-ups get to launch from, starting with far more capital, in a richer, larger, homogeneous economy. Canada would be the fifth largest economy in Europe, and US start-ups get that market for basically free (so to speak; low cultural barriers, relatively easy market access, very close geographic proximity).
Then finally to make the situation worse, large US tech companies routinely eat the European start-ups before they grow up. That interrupts the potential for larger exits & spread-the-wealth effects that roll/compound over decades (helping to build sustainable funding ecosystems), like you've seen over time in California. For US companies it's a great source of talent acquisition.
Curious how they compare to Germany. Since Finland has a much smaller economy, is it difficult to stay employed the whole year on a freelance basis? And do you have to go through a contracting company?