Yep. This phenomenon is the white collars of a few countries (mainly the US) literally colonizing poorer countries gentrifying the locals through the difference in Cost of Living between their own and the other. The tax they pay (that is, if they pay) does not make up for the immense CoL and housing cost increase that they cause. Even in Western Europe, they cause as high as 25% rise in rent and housing prices in the popular locations every year, while they buy the housing from under the feet of the locals.