It might affect work visas as well (some countries give a lot of weight to a college degree when assigning a priority to your application).
Of course, to get stuff done you do not need a degree and examples abound about people who "made it" without a college degree. Granted, they learned everything on their own, so if you have a low motivation to learn stuff that's important in your field but boring to you (for example, algorithms and data structures), you might want to get through the degree just to force you to learn stuff.
For me, I'm in the US, where college degrees matter relatively little, specially in tech. Still, I can say without a doubt my CS degree has opened many doors for me, even a couple decades after having gotten it. Also I have had to fight far less to get good salary offers. Once people know I have a CS degree, we move onto the advanced stuff instead of them trying to see if I'm an idiot or not.
That's my $0.02, your mileage may vary.