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>Low cost of living Not really true http://www.numbeo.com/cost-of-living/rankings.jsp http://www.numbeo.com/cost-of-living/rankings.jsp however, many compani
by level09 12y ago
>Low cost of living
Not really true
http://www.numbeo.com/cost-of-living/rankings.jsp http://www.numbeo.com/cost-of-living/rankings.jsp
however, many companies offer housing as part of their packages.
- mahyarm 12y agoBut compared to the traditional high tax, high income areas? Like New York, SF or London? http://www.expatistan.com/cost-of-living/comparison/mountain-view-california/dubai http://www.expatistan.com/cost-of-living/comparison/mountain...
- enraged_camel 12y agoYeah. My cousin works in Qatar and while his salary is around $50,000, he lives in a 4-bedroom condo on the top floor that overlooks the ocean and his company pays for it.
- ghostly_s 12y ago50k (even cash) is not nearly enough for the tradeoff of life in a regime like UAE to be worth it.
- level09 12y agoDon't really think that guy was getting a 50K package. The salary I can imagine for an American engineer working in Abu Dhabi would be a minimum of 100,000 - 180,000+ USD , and it is tax free (usually comes with additional benefits). Abu Dhabi is a rich city (they got oil) and they usually pay more than Dubai. Source: I live here, and run a startup and work with multiple companies and consultants.
- enraged_camel 12y agoHe's not an engineer.
- 616c 12y agoIt really depends. I have always lived on the cheap side, but others go out to expensive bars (almost all in 5-stat hotels) and waste incredibly dumb amounts of money on everything. Granted, I can drive a SUV at 1.00QR per litre. at 90 octane gasoline, that is basically 20-30 US cents a litre. However, inflation is a dirty word. Last inflation bump came because gov't sector pentions for Qatari citizens were close to doubled, and almost all grocer products increased by at least 1QR (0.20-0.30 USD) overnight. Many went up a lot more. And people were upset, but that is top-down economics.
- subliminalpanda 12y agoPrecisely. And for many western expats, their package deals also include schooling for their children as well if they have them, and a company car. Besides food and utilities you're pocketing all the money you earn.