Nah, it's not "amazing" at all, the food is really bad, it's ice cold as you rightly say, very little daylight, it's a miserable place actually. Not to mention the women are feminist valkyres. No wonder Thailand is full of Swedes, Danes, Finns, and Norwegians.
But you hit the nail on the head, thise miniature non-countries, also including Holland, Luxembourg, etc, have it much easier, they can tax and then take care of their handful of people. Their programs would never work for real countries with populations ten times the size.