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Chief
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 👍.