{ "media_type": "text", "post_content": "I currently make 125K in an expensive metropolitan area of the US. I'm awaiting the compensation offer from a company in Stockholm - what salary should I be aiming for? Salaries seem so much lower!", "post_id": "604765793a0e280024b9e1ae", "reply_count": 8, "vote_count": 3, "bowl_id": "55375ce690f5eebe1d2a0f88", "bowl_name": "Tech", "feed_type": "crowd" }

I currently make 125K in an expensive metropolitan area of the US. I'm awaiting the compensation offer from a company in Stockholm - what salary should I be aiming for? Salaries seem so much lower!

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Salaries in Europe will always be much lower - I don’t know much about Sweden but when I was in Germany my salary capped out at around 85k.

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I’d try a cost of living calculator for the specific area you’d be in and check into things like transportation. That’s how I got a good number to ask for when I moved. Taxes are going to be higher, but most cities aren’t as crazy as coastal cities in the US. Unless you’re going to London or Paris.

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Make sure you also consider the tax implications of Swedish residency, especially if you have investments that may produce capital gain.

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Basically Swedish tax rates, on both labor income and capital gain, are substantially higher than US rates. So if you’re comparing an offer to your current package, make sure to account for the increased tax burden (as well as any savings you might get in Sweden, such as lower healthcare costs).

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While you do the math on COL vs comp etc, yes keep taxes in mind. I don't think it's unreasonable to think you could get around the 95k level, it's probably 20-30% lower.

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If you're in the Bay Area right now it could be half.

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