Hi fishes,

Is 5.5k/month (tax included) enough to live in Spain with family?
Accomodation is to be managed by me.
If it is not enough, what should be the minimum pay to match the savings in India . ( Indian salary 26 LPA with 10% variable)
Besides the benefits of onshore experience, as I already have that on my resume.
What are your thoughts on the financial compensation?

Posting as :
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YOE?

8 years

Please account for deductions stated against points 1, 2 and 3 on gross compensation for Spain.
1. Income tax at 19% for your stated salary
2. Social security of 37% of gross wages (6% from employees and the differential 30-31% being employer contribution). It would be good to ascertain that your compensation has this employer contribution factored in additional to your stated compensation.
3. Health insurance will cost you €1200 annually
4. On an average, you’d spend €1600 per month after these deductions (major cost elements of my calculations include €600 towards apartment, €120 utilities, €300 groceries, €500 for dine out and entertainment and others towards incidentals). I say these numbers for a family of two.

Helpful, thanks 👍.

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