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What would be my in-hand salary
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This is what we need to be talking about
Happy Friday and Happy Dancing 😊
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How is everyone planning for potential layoffs?
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Chief
Plus rent is some 50% cheaper than NY and SF
Chief
Yep it is
But not the average salary in paris is also much lower. So it depends on the pay cut OP is taking
Chief
Significantly better infrastructure and paid for things that in the US is something you pay as an individual after tax?
If you live in New York or California, you won’t really pay much more by living in France.
Chief
Don’t forget that you will also pay US income tax as well.
Chief
Ah, good call SF1! Retracted
French life of living!
Moving from a HCOL city in the US
Chief
Side note, the United States has the second lowest taxation in the entire world
Chief
Yeah, welcome to europe. Public pensions, transportation, education and health have to be paid somehow.
You could think in stablishing somewhere with lower taxes like switzerland, andorra, monaco...
Some countries (like spain) had some kind of tax heaven for the first 5 years of a highly skilled professional (aimed actually at footballers), but not sure if still a thing, or if it works in la france
Just go. Chance of a lifetime.
Rising Star
If you're from the US wouldn't you be taxed as a non-resident? (20%)
https://www.hrblock.com/expat-tax-preparation/resource-center/country/france/tax-tips/
@OP, where are you moving to Paris from? What's your current resident country? Need to know that to suggest if you are missing something in your calculations.
How’d you come across this opportunity OP? Hope you take it btw. One life to live! Money will always be there, experiences like this won’t