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Pacific Island Nation Captures World's Attention

Chen Yang, armed with the legendary [King's System], embarks on an epic journey to found his own nation! Your mission? To transform a deserted island into a prosperous and powerful kingdom, the Kingdom of Yan Guo! But to achieve glory, Chen Yang needs citizens. And the more citizens he attracts, the greater the rewards! With each immigration milestone, Chen Yang unlocks revolutionary technologies that propel him to the top of the world: 1,000 immigrants: Obtain [fertilizers without side effects] and build the world's first farm, exporting coveted agricultural and secondary products to all countries! 10,000 immigrants: unlock the [anti-cancer drug formula], build the world's first hospital, and become the source of global health! 100,000 Immigrants: Master the [Automobile Manufacturing Project] and establish the world's leading automobile manufacturer, with hundreds of car models, from economy to luxury, dominating the streets of every country! 1,000,000 immigrants: Conquer the [Phone Manufacturing Project] and create the most powerful technology giant in the world! On the first day of listing on the stock exchange, shares soar to 80 million, exceeding all expectations! Tens of Millions of Immigrants: Unlock [Information on Nuclear Weapons Research] and make the Kingdom of Yan Guo an unstoppable force on the global stage! But Chen Yang's ambition is not limited to power and wealth. He dreams of creating a haven where everyone is free, prosperous and happy. Join Chen Yang on his epic journey to build a new world from the ground up! “I am Chen Yang, the first king of the Yan Guo Kingdom. My goal in founding this country is to create a home where everyone is free from…” Discover what awaits you in the Kingdom of Yan Guo! **IMPORTANT WARNING** This is just a translation of the novel "I bought an island in the Pacific and founded a country that caused a sensation throughout the world." I don't own the copyright to it. If you are the legal owner and feel offended in any way, please contact me and I will remove it immediately. **TRANSLATION NOTE** If you want to support the work I do in translation, consider joining my Patreon/SolarisVitally to support me and keep bringing me projects and reading more advanced chapters.

Solaris_Vitally · Urbain
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56 Chs

Chapter 41: Social Security and Health Insurance for All!

Food, clothing, housing and transportation are basic necessities of life, and the high price of housing directly impacts people's happiness.

In developed countries, the relationship between income and housing prices is generally around 10, that is, a worker can buy a house in 10 years.

In developing countries, this ratio can reach 7 or even 24!

However, the purchasing power of currency in developed countries is also greater. At the moment, Yan Guo does not have official currency, and even if he issued it, it would not be useful.

The conditions for this are not yet ripe, and the issue would not be recognized by the government.

For now, CNY is the currency, but in the future, the issuance of its own currency will be inevitable.

The issuance of the currency will undoubtedly cause a one-off increase in prices, but this is not a big problem.

It is a necessary step in the development of a country, and no one can avoid it.

In the end, he set the price of two-bedroom apartments and semi-detached villas in the urban area at 2,000 per square meter.

Individual villas on the outskirts of Yan City will be individually priced, with a total of around $41,614.

This price is high, but Chen Yang considers it fair. For others, however, the price of houses in Yan City is not yet at an attractive level for purchase.

"Finally, everything is ready."

Yan City's tax system and price list were basically set, leaving only insurance, which was the easiest part.

Initially, he did not plan to draft an insurance law now, as he intended to include it in Yan Guo's social welfare system.

However, considering the more than 30,000 workers that would soon arrive in Yan City, it was necessary to implement medical insurance as soon as possible.

Even in China, full-time workers are required to contribute five types of insurance, while small businesses generally contribute three.

He did not intend to copy China's system of five insurances and one housing fund, but to cover everything with medical insurance.

Since he had already planned everything and even written a draft, the drafting of the medical insurance law went quickly.

Considering that it was only temporary medical insurance for around 30,000 people, a very complex calculation system was not necessary.

Chen Yang proposed two options:

Option 1: Monthly payment of 5% of income, with the Yan Guo government paying 2.5% and the individual 2.5%. With this option, free medical care would be guaranteed, regardless of the severity of the illness.

Option 2: Monthly payment of 3% of income, with the government and individual assuming 1.5% each. In this case, only 70% of medical expenses would be reimbursed.

Pensions and private pension plans were not yet in the plans.

After finishing everything, he saved the document.

Looking at the robot that was still working on the tax laws, he calculated that within a week everything would be ready.

At three in the afternoon, Chen Yang opened the visa application page and came across a staggering number: 7 million work visa applications!

He thought there would be no shortage of manpower, but so many applicants in just half a day surprised him.

Chen Yang looked through some of the hundreds of requests, which mainly came from developing countries.

He then opened his email inbox, where the number of resumes was equally daunting.

Fortunately, he had used a different email for each job opening.

He delegated the robot to analyze resumes for factory positions, while he himself would analyze resumes for manager and fisherman positions.

The number of candidates for vacancies in industry and fishing was also high, but he had already defined the number of vacancies, so he would only need to select the best ones.

Age: 47 years old.

Male.

Work experience: Construction worker, carrying bricks.

….

Age: 53 years old.

Women.

Work experience: Quarry (carrying bricks), domestic worker.

….

As he processed applications, many candidates who submitted their resumes and were eagerly awaiting received email responses.

"I passed!"

In the cramped rented room, the young man looked at the email notification from the Yan Guo Kingdom's official agency, almost jumping with excitement.

He quickly took out his cell phone and dialed a number: "Mom, I got a job! 690 dollars a month, with great benefits, but it's a little far from home, I won't be able to go back until the New Year. But don't worry, no It's a scam, it's a serious job..."

….

Similar scenes are unfolding across the world.

And the main target is China.

Many netizens who received emails shared Yan Guo Nation's responses online, expressing their excitement.

For an ordinary person who had been unemployed for a long time, suddenly getting a job, even if the salary was not as high as that of the elite, was already a source of great satisfaction.

"Man, you're awesome!"

"Oh my God, I'm so jealous, I still haven't received any response to my email."

"I went online and saw that a girl from Thailand also received an email."

"From Thailand too? Are you sure it's a girl and not a guy?"

"A netizen from Vietnam also got the job."

"Wow, from Vietnam? What a mix, huh? With so many people from so many different countries, will they be able to communicate?"

"With an environment where the language is used on a daily basis, they will learn quickly."

"Hahaha, I also received a reply!"

"Congratulations, my friend!"

"May luck accompany you!"

"I've already bought the plane ticket, I'm boarding tomorrow, see you the day after tomorrow, guys!"

*****

(translation note:

If you find any errors in the translation, please let me know so I can correct them.

This novel is already completely translated into my pateton.)