Let's discuss taxation, retirement, and social rights for long-term immigrants in Eritrea and Japan. Ready, Leo?
Ready. Comparing the two is like comparing a bicycle to a bullet train. Let's start with taxation. How does it work for immigrants in Eritrea?
Eritrea has a 2% income tax on Eritreans abroad, ostensibly to support national development. It's controversial, as it impacts those already paying taxes elsewhere.
Understandably controversial. Now, Japan's system is standard, but also notoriously complex.
It's complex, but long-term residents receive social security and healthcare benefits after contributing.
Order and rules are paramount in Japan. What about retirement in Eritrea?
Retirement in Eritrea isn't robust; many rely on family support. Long-term immigrants should have independent plans.
So, essentially, a retirement plan based on familial obligation. In Japan, there's a well-established pension system.
Yes, but Japan's aging population raises concerns about the system's long-term sustainability.
A valid concern. Still, it offers more security than Eritrea's system. And Japan's healthcare system is excellent.
True, but even strong systems have flaws. Compared to Eritrea, Japan offers superior social rights for long-term immigrants, including healthcare and education.
In Eritrea, immigrants must be highly self-reliant. Perhaps they could start a tax consultancy as a side hustle.
For those considering moving to either country, thorough research on tax implications, retirement prospects, and social rights is crucial.
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