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Abundance of highly skilled engineers willing to work for low rates make a perfect setting for large consulting (and others) companies in Lisbon (and probably o
by munchor 9y ago
Abundance of highly skilled engineers willing to work for low rates make a perfect setting for large consulting (and others) companies in Lisbon (and probably other cities mentioned in the article).
Yes, the city is beautiful but don't expect high paying jobs. I know a couple of YC-backed startups in Lisbon that get away with paying their software engineers around 24-30K euros per year (post-tax).
- munchor 9y agoI can't edit this on my phone but I meant 12-16k post tax. I multiplied 1000,0 by 12 and somehow and got 24.
- zemvpferreira 9y agoBear in mind that the fully-loaded cost for an employee in Lisbon will be ~2x take-home pay, meaning the low end of your range translates to a net salary of 1K euro/month. Which is absolutely in the ballpark for a new grad. It doesn't go up much, either. An average senior engineer might cost 40K euro/year and the absolute cream of the crop can be had for 100-150 K euro/year. This for engineers from a top school that you can expect to be fluent in english and 5 time zones away from the east coast. It's a great place to have a second office.
- 4387wreiysu 9y ago>24-30k per year that's better than the average in Portugal. If you go to USA working at a job getting $100k a year you probably pay 30k or more in taxes. You're forgetting the cost of living.
- vasco 9y agoEven factoring the cost of living, if you're getting 1500€ after tax in Lisbon (which is an excellent salary for Portugal), and you pay rent on room in a shared house (~400€) you're not going to be saving much. Plus, an iPhone costs the same in Portugal as in the USA, if not more.
- mping 9y agoThe good devs in Europe are being hired as cheaper alternatives do the crazy expensive devs in SF/NY/London, and they are as good. If you have a couple of years experience and are earning 1.5 post tax, and you know what hacker news is you are doing it wrong.
- icebraining 9y agoPlease tell me how I do it right, then, 'cause that's exactly what I'm seeing. That paying much more would still be cheaper to them is irrelevant; in SF/NY/LN they have competition for developers, in Lisbon the few that made the jump are still the top dogs.
- mping 9y agoIt depends on your skillset, but either work for a company that has its HQ in other location (and can afford to pay more) or work for a remote company. mail me if you like, we can chat a bit more.
- icebraining 9y agoThanks, I'd love to talk more! You don't have your email visible, though (the email field is hidden, you have to copy it to the "about" field). Mine is hn@andreparames.com, if you prefer to avoid posting yours.
- moorhosj 9y agoDoes Portugal have taxes?
- mping 9y agoIf you spend more than 6 months here, yes, it's a progressive tax scheme and you end up paying up to 40%+ (if you are a perm the company also pays tax).