We already allow freedom of movement from countries within the EU, whose population sizes are an order of magnitude more than ours. Yet the amount of paperwork it takes for a US citizen to work here is fairly high. They also don't get any unemployment benefits as long as they are on a work permit because of NAV's rules.
Why should the US offer us more than what we offer them?
Swiss banks routinely either reject Americans, or ask for so much paperwork.
Which frankly speaking should be rejected due to Congress reneging on their side of agreement.
To be clear: The issue with FACTA is that saying "yes" to an American citizen (or national) adds costs to the foreign bank (in free labour on-behalf of the US). The US doesn't fund any of the work of reporting these accounts back to US.
Its almost as if the US has internal sources of free labour and expects no repercussions from expecting the same from their international counterparts...
Everyone I know who has worked there for >5 years is a millionaire, including some fairly junior people.
Gimme my money.
Probably among other reasons is because this would have to be bi-directional and the US has a lot of people and Norway doesn’t want those people coming there.
But if you are only getting Americans with no college education or 60k in debt with soft/useless degrees, I can see why they wouldn't want the drain.
Norway still needs people to collect the garbage, sweep the streets, drive cabs etc. Why do you dismiss low-skilled labour so easily?
Immigration in general isn’t a moral good or moral bad. It’s just public policy. At least in my view.
We have that problem in the UK, especially London. Rich Russians, Chinese, and from just about everywhere else.
If Norway does not make an exemption for rich people to come in if they want to, its very unusual. Generally, if you are rich, you can visit or live in anywhere you want. I can think of multiple cases where rich people with histories of serious crime or links to organised crime have no problem travelling to multiple countries.
/s