Re: H1-B's by Country
More like $8500 in PPP terms. You think PPP doesn’t matter ? On the contrary it’s what really matters if you want to measure individual purchasing power. Indians play the local cost of goods and services. They don’t pay the GBP price translated into Rupees, which is what the absolute per capital figure implies.
If that were the case the ensure tech wage arbitrage would not exist because a unit of work pays exactly the same sum as expressed in any currency. That’s not been remotely true. You can easily feed a small family in India for less than the GBP cost of one persons meal and drink at Nandos, while still getting an equally filling meal at a decent place.