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It's very hard to see a reason for you to move to Berlin. You will gain a net ("in hand") salary much lower than your actual salary because in Europe there's no
by leaveyou 9y ago
It's very hard to see a reason for you to move to Berlin. You will gain a net ("in hand") salary much lower than your actual salary because in Europe there's not only the taxes that are deducted from your salary, but also contributions for health assurance, for retirement and for social security (and sometimes many other "small" things). All these things can add up to ~50% of your salary. And see this: " People earning more than EUR 52,882 per year are subject to a tax rate of 42%." and "In addition to Lohnsteuer, you have to pay the so-called solidarity surcharge (5.5% of your income tax)".
from here: https://www.internations.org/germany-expats/guide/15984-social-security-taxation/taxes-in-germany-15969 https://www.internations.org/germany-expats/guide/15984-soci...
If I were you, I wouldn't move.
- manmal 9y agoWell money isn’t everything. If I were to move to another country/city, I‘d choose Berlin. To me, it’s magic. I just love how at some places trees grow over old buildings, people are very liberal with graffiti (even on purpose), the great bars and places-to-be, open minded people...
- leaveyou 9y agoI think you didn't read carefully the question.
- dvdkhlng 9y agoNo, I think the 42% tax-rate is kind of a differential: i.e. any additional EUR you get is taxed by 42%, but the euros below 52,882 € are taxed by less. Running the tax calculator here: http://www.brutto-netto-rechner.info/ http://www.brutto-netto-rechner.info/ it says you get 3.275,61 € after tax for 5000 € / month. However, that already covers all the insurance costs, health insurance, insurance against loss of employment and pension insurance. And health insurance in germany is a "real" insurance that won't try to get rid of you in case you get severely ill (cancer etc.). Even includes compensatory payments in case you're unfit for work (although your employer may have the right to terminate you if there is no chance of you recovering)
- leaveyou 9y agoStill.. going from 4000 to 1500 is hard to justify. Personally I think he will be very disappointed (not only for financial reasons).