I visited China last year and was surprised by the bad pollution and the chaotic traffic in major Cities. Assuming the career opportunities/upsides are the same, how much hardship allowance would you need to move to China?
funny cuz i am sure the chinese would be asking the same question to move to US.
AlphaSeeker Wrote: ------------------------------------------------------- > I visited China last year and was surprised by the > bad pollution and the chaotic traffic in major > Cities. > > Assuming the career opportunities/upsides are the > same, how much hardship allowance would you need > to move to China? Man, you got to be kidding me. Send me there, I wouldn’t want your allowance. Think of the purchase power difference.
Irishgyy, how much of a pay cut would you take in order to be sent to China then?
Polluation is a major concern, however, if you are in a big city, beijing, shanghai, shenzhen, subway system is clean is relatively new.
bchadwick and flynnch would tell you that for the kind of money you’re asking for to work in a high pollution, chaotic city, you can pay to build your own city-wide filtration and public transportation systems so this question is moot.
A friend of mine who got a back-office job in Shanghai is nettin about $1.5K a mo. And from what I hear he is living a pretty comfortable life there. I imagine if you get paid $60~70K there, you’d be balling outta control with all that $$$ purchasing power.
I went to India after my visit to China. It has even more Chaotic traffic there. It seems a bit poorer than China in terms of infrastructure and just was I saw on the street (cars, road condition, people’s homes). There are panhandlers everywhere you go in New Delhi and Mumbai.
still chinese and indians are kicking our asses. Corruption is killing them
ws Wrote: ------------------------------------------------------- > Polluation is a major concern, however, if you are > in a big city, beijing, shanghai, shenzhen, subway > system is clean is relatively new. hmmmm, though the subway sysyems might be new, it still doesn’t make me feel better knowing they were “Made in China”.
I remember being in an investor meeting with Downer who are an Aussie infrastructure group. They were talking about bidding to construct underground and light rail systems in Australia’s major cities. They get all their trains built in china. They had put in an order for around 600 last year I think. I would say wherever you go in the world, there’s a good chance that your subway/metro/underground train comes with a ‘made in China’ stamp - and all the better for it.
AlphaSeeker Wrote: ------------------------------------------------------- > I visited China last year and was surprised by the > bad pollution and the chaotic traffic in major > Cities. How you like that traffic man, nice huh. Take a taxi for a real thrill and whatever you do don’t get between these guys and their destination. > Assuming the career opportunities/upsides are the > same, how much hardship allowance would you need > to move to China? WTF? Hardship compared to what, lovely Philly, Chicago, NYC? China is full of family values, excellent diet, inexpensive dinning, killer service, friendly people and hot thin women. I’ve posted before on this topic but PPP rocks. The average Chinese makes something like $2KUSD, Chinese finance guys in SH make something like 11K. If you are making $25K I estimate you’d be fine, if your making $100K your CEO rich, however I think global pay is mostly a thing of the past, they can just hire a local for 1/10 the cost.
AlphaSeeker Wrote: ------------------------------------------------------- > Irishgyy, how much of a pay cut would you take in > order to be sent to China then? 20% is doable.
purealpha Wrote: ------------------------------------------------------- > I’ve > posted before on this topic but PPP rocks. The > average Chinese makes something like $2KUSD, > Chinese finance guys in SH make something like > 11K. > > If you are making $25K I estimate you’d be fine, > if your making $100K your CEO rich, however I > think global pay is mostly a thing of the past, > they can just hire a local for 1/10 the cost. a) “you’re” CEO b) This is all fine and dandy but you can’t go back in the other direction. ie. If you’re making 25K and living like a king in China, you aren’t going to save enough money to live like a king if you decide to move back to the US at some point, plus if you ever decide to come back employers aren’t going to pay you as much when they see that you were previously making so little. So basically once you make that move you are stuck with it unless you find someone dumb enough to pay you a US salary to work in China.
Regarding this matter, how you going to get taxed if you work overseas like in China? In your home country tax rate (US) or the Chinese rate. And do you get any kind of credit as a foreigner working overseas? Just curious.
I think there’s some kind of expat tax credit for US citizens. Otherwise you get taxed at the higher country rate and it gets allocated between the two countries depending on what kind of tax treaties they have with each other. Pretty straightforward L3 stuff.
JohnThainsLimoDriver Wrote: > a) “you’re” CEO Oh crap you got me on that one too, I was typing fast today. Ya, if you find someone dumb enough to pay you global pay with only a 20% cut *you’re* good to go. You are rich there and saving tons enough to be okay when you come back here. If you are only making like 25K there, you are fine to live, but yep you aren’t gonna be rich when you come back to states. Live off xiaolongbao, tasty.
purealpha Wrote: ------------------------------------------------------- > Live off xiaolongbao, tasty. Love that, each time during my visit to Shanghai, that is a must eat item. First time I had it, my mouth got burnt. Many company will be dumb enough to pay you a comparable US salary to work in China, I guess lot of people still has the perception of China being a poor and communist country. (in a sense, it is more market-driven than current US).
True that, Yuan Market xiaolongbaos dominate. Oh and Shanghainese ladies, another huge perk.
Shanghainese ladies or not, one thing I noticed in mainland China is that very few people there have decent teeth. The common problem is the yellowish, dark color for ladies. For a lot of guys, there is an added layer of cigarette smoke stain.