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I'm an American citizen with a Canadian wife and would love for more companies to have offices in Canada. We would definitely move if the job market was better
by marrone12 6y ago
I'm an American citizen with a Canadian wife and would love for more companies to have offices in Canada. We would definitely move if the job market was better compared to California.
- mabbo 6y agoThe wages are improving at Canadian FAANG offices. Competition from others is increasing. That doesn't mean I'm making SF compensation levels, but I also don't have to pay 3/4 of it in rent. Maybe you could come visit and consider your options.
- niyazpk 6y agoI live in Vancouver and ~1/2 of my salary goes to rent. In Seattle, my rent was ~1/3 of my salary. I don't think Canada is even beginning to compete in terms of Salary.
- raydev 6y agoVancouver != Canada. Toronto salaries are much better at the big name US-based companies.
- digianarchist 6y agoRent is half of your salary in Toronto too.
- oiasdjfoiasd 6y agono its not
- raydev 6y agoThis is certainly true if you insist on living a 10 minute walk to your office downtown. But there's plenty of cheaper options just a 30-45 minute train/bus ride away (can't speak to biking or driving). This isn't true of Vancouver and I'm not sure why.
- digianarchist 6y agoMountains. US border. Ocean. The only thing that limits building in the GTA is the Green Belt.
- nucleardog 6y agoI live in Vancouver a 30 minute commute from west end downtown in a four bedroom detached house in a reasonably nice neighbourhood and rent it for 1/5 of my salary. And my housing options are quite limited because I have two big dogs. One data point does not prove or disprove. If you look at average cost of living numbers compared to average developer salaries, my ratio is much closer to the picture those paint than yours.
- mabbo 6y agoThat's a fair point: Vancouver suffers from many of the same problems as other west coast cities around not enough housing being built. I was only considering my lifestyle in Toronto, where we have similar problems but not to the same scale. Toronto is less afraid to build up! Last I heard there were something like 50+ buildings over 50 stories under construction in the city.
- ascagnel_ 6y agoWhen I last visited Toronto (which was some time ago -- 2012), I was struck by not just how much the city was building up, but by how far out from the city center was building towers. Most of the towers were along the lake, and near a highway, but I didn't see much in terms of rail-based public transit or nearby office towers (basically everything being advertised was residential units), so I have two questions: - How full are those buildings? - Are there significant traffic issues from induced commutes?
- TheArcane 6y agoI live in Montreal and 4% of my salary goes to rent. Depends on the city in Canada
- downvoteme1 6y agoCan you explain a bit more. At 100k salary, you are just paying 4K per year in rent?
- def8cefe 6y agoAnything you save on rent you're spending on income tax. I love living here but for Silicon Valley types who only care about money it's a terrible choice.
- jogjayr 6y ago> Anything you save on rent you're spending on income tax. Have you seen California state tax rates? The SALT deduction limits from the 2018 "tax cut" bill have only made the calculus worse. And anything you save on income tax, you (or your employer) will spend on health insurance. Someone living in California or Ontario will have almost the same effective tax rate (like within 2-3 percentage points) for a given salary.
- dmode 6y agoI mentioned in another post that I am a big proponent of moving to Canada, but I have my eyes wide open. Canadian salaries do not even come close. Also, I have filed taxes in CA for 12 straight years. The tax burden gets diluted by a lot of different factors like deductions, mortgage deductions, tax credits etc. In 2018, I took my total $$$ paid to Fed + CA and divided over total income and effective rate was only 28%. The top rate in CA is 9% which is a progressive rate. Effective rate is actually close to a flat 5%
- bhk 6y agoThe top rate in California is 13.3%
- jogjayr 6y ago> mortgage deductions, Agreed. This is a huge tax break. > In 2018, I took my total $$$ paid to Fed + CA and divided over total income and effective rate was only 28% Do you mind plugging in the same income to https://simpletax.ca/calculator https://simpletax.ca/calculator for Ontario, use $26500 of RRSP deduction and see your effective rate? In this comment (https://news.ycombinator.com/item?id=23618074 https://news.ycombinator.com/item?id=23618074) I showed that an income with 30% effective rate in California has a 35% effective rate in Ontario. Higher? Yes. A lot higher? IMO, no.
- google234123 6y agoYou can get 1 bedroom apartments for 1700 a month in SunnyVale. Far less if you have a roommate or significant other. Even entry level software engineers at FANNG making 180k+ can easily afford that.
- ram_rar 6y agoplease let me know, where can I find 1Bed apt for 1700? Last time I checked, most of them are 2500+