Can you Live in Germany on €80K Salary with a Family?
HTML-код
- Опубликовано: 1 июл 2024
- 💬 Learn to speak German with confidence
👉 linktr.ee/chandrasen.raj
🇩🇪 The Ultimate Guide to Finding a Job and Moving to Germany. Use the code "LIMITED-SALE" to get it for free:
👉 linktr.ee/chandrasen.raj
📅 Book a paid consultation call
👉 linktr.ee/chandrasen.raj
Subscribe Here: cutt.ly/q2bZ1Kh
Hey everyone! Ever wondered what it's like for a family of four living in Germany on a €80,000 salary? Join me as we dive into the details! We'll explore their net earnings, awesome social benefits, and day-to-day expenses. From healthcare to education, Germany offers a lot. Stick around to discover their potential savings and how they're securing their future. If Germany's on your mind or you're just curious about family finances, this video is a must-watch! Don't forget to hit that bell and share your insights. Cheers to an eye-opening financial journey!
Chapters:
0:00 Gross and net salary in Germany for STEM professionals
1:33 Salaries in the US and Switzerland
3:30 Breakdown of earnings, expenses, and savings in Germany for a family of four
8:09 Ultimate guide to work and live in Germany
9:57 Misconception of Germany being the high tax country
10:50 Demographic shift in Germany
✅ For Business Inquiries: chandra@dg-ramm.de
✅ Recommended Playlists:
👉 Workplace Advice: cutt.ly/29bl37b
👉 Advice For Job Seekers: cutt.ly/Q9bzizv
👉 Moving Abroad Experience: cutt.ly/m9bzWpr
Follow Us On Social Media:
👉 Linkedin
▶️ / chandrasen-rajashekar
👉 Instagram
▶️ / chandrasen_d_r
👉 Twitter
▶️ / r_chandrasen
✅ About Chandrasen:
Chandrasen is an engineer turned entrepreneur who is originally from India and currently living in Germany.
Chandrasen is an Entrepreneur based out of Germany. He is also an engineer who has multiple years of experience working as a Data Analyst/ Business Intelligence Manager for multiple startups in Germany. He always had the dream to start his own business with a great mission which made him start building Destination Germany together with his business partner.
His life transformed in a really positive way when he moved abroad and in this channel, he likes to share his genuine experience living abroad.
Chandrasen holds a Master's degree from the Hochschule Heidelberg in Germany (Class of 2017) during which he figured out his passion for Data Analysis and startups.
For Collaboration and Business inquiries, please use the contact information below:
📩 Email: chandra@dg-ramm.de
Thanks for watching the video from my channel! Share with your friends who are looking for these types of videos.
#GermanyLife #FamilyFinances #LivingInGermany #80KSalary #FinancialJourney #ExpensesBreakdown #SocialBenefits #SavingsStrategy #QualityOfLife #FamilyExpenses
Best video I have seen brother thanks for your info ❤
Thank you for your kind words. I am happy to know that you found value in the video. Please feel free to share to someone who might be looking for this information.
Hi, great video, thanks for sharing the valuable info.
Can you explain more about how the tax is different for individuals and family?
Thank you for your comment.
In this LinkedIn post www.linkedin.com/posts/activity-7094572958563622913-PsUq you can see the net and gross salary difference between individuals and family in Germany. It is not in detail but will give you a bit of perspective.
One can use this online calculator www.brutto-netto-rechner.info/gehalt/gross_net_calculator_germany.php to find how much taxes one pays when they are individual and family. In this calculator make sure to choose Tax category 1 if you are individual and Tax category 3 when you are married.
I will create a detailed video soon on this topic.
Sir, I am a student currently studying in Sri Lanka, I wish to move to Germany one day. And watching your videos inspire me a lot. Thank you.
I am glad to hear that as that is the main reason why I am creating these videos where I could able to give valuable first hand information about working and living in Germany.
I'm a student with wife and a kid back in India, How can I change tha tax class from 1 ? Will it only be after the child and marriage certifications are recognised and they arrive ?
Thank you for your comment. Yes, you can only change the tax class once your wife and kid come to Germany and they are registered in Germany. I hope this information helps.
You’re totally right about saving taxes as a family. Even just being married already brings a lot of tax savings if your partner has a much lower (or zero) income. That is nice, but has the negative incentive of keeping one spouse at home.
Thanks a lot for sharing your thoughts. I cannot agree more on this.
You have mentioned course is free but its asking for payment to join the course please advise
Unfortunately the course was only available for free for limited amount of time.
If You have German skills above B2 level + technical skills + experience above 5 years , then salary above 70k is easily possible.
Yes I totally I agree with you 👍🏻
It means you can save
1.2 lakh to 1.89 lakh in inr
If you add cost of India travel which is 70k + other expenses
You will lost another 2 lakh
And if you travel within Europe that will eat more of your savings
I think one usually travels to India once a year and the savings that I am talking is monthly savings.
Also, I have shared my experience and one has to check for oneself if it actually makes sense for them as each one of us would have our own way of living. :)
As a single person doing masters and then getting a job with a salary of 50k , how much he/she can save if we consider he or she will visit once a year?
When you are single and your salary is €50k then your net salary that comes and sits in your bank account by the end of each month = €2,691
One can have a decent life with €1k to €1,6k per month (depending on the lifestyle and city). Which means one can save about €1k to €1,3k per month.
Flight to India can cost somewhere between €600 to €1000 for both to and from.
Thanks
You are welcome.
Please daily vlogging this channel will reach 1 million subscribers
Thank you for your kind words. I am trying my best to produce content that are helpful to my audience.
Thanks man, Great video.
Can you make a video (or just reply in comment) talking about the level of happiness/peace as a student-a fresh graduate with below average salary- to at 50-60k salary and now at your current stage. In Germany ofcourse.
Like if you go back 9 years in the past and you are getting a good job in your home country then would u chose that or still come to Germany knowing everything.
I know its a deep question but actually I have heard and seen many people become all miserable in Germany during or after their studies. I myself will hopefullly be coming there in summer 24 for masters.
Thanks a lot for your question and I am sure I will make a video about it.
If you want to know why I promote living in Germany or for that matter living abroad, you can watch this video of mine: ruclips.net/video/7jjRX-jmyTo/видео.html
To answer your question on if I would still choose Germany, it is yes and that is the reason why I am still living in Germany as well. For me, things that matter are the most peaceful life, fairness in society, stress-free living, social security, good nature, and a stress-free visa procedure. This is what Germany is providing me and has provided me.
I have not come to Germany to become rich or to save a lot of money. What I have noticed is that the immigrants who come to Germany to make great money are the ones who get disappointed. This is not the country to get rich, this is the country to have a quality life and a well-secured and peaceful life.
With regards to salaries, one can have a very decent life even with €30-35k salary. In fact, the German average salary is around €45k. If you are earning €60k+ then maybe you are in the top 20-25% of the German population.
@@chandra-sen Thanks for your reply, you are right. Most people go there thinking they will get admission for free in Germany, they don't even do any research or try to learn the language or anything. They just want to go abroad and earn in Euros.
@@muhammadalikhan798 that correct
Make video on Australia vs Germany for IT Engineers
Thanks for your comment. Will definitely consider doing it. :)
Hello bro i am a marine engineer working in ship as the rank of 4th engineer and i am having total 24 months of sailing experience in ship, i just wanted to know is there any opportunities for switching to land based job?
Your response will be valuable to me. Thanks
Thank you for your comment. Unfortunately I am not most knowledgable on the specific field of marine Engineering. Based on quick google search it looks like to me that this is a niche industry in Germany but to be honest I am not sure about it.
I would suggest to do a bit more research. Sorry that i was not able to provide you with right answer.
I have more than 14 years of experience in Electrical engineering field in Kolkata. How to find a good job with decent salary in Germany?
Feel free to check out our Ultimate Guide To Get A Job In Germany: destinationgermany.gumroad.com/l/ultimate-guide-to-finding-job-and-moving-to-germany
@@chandra-sen please don't charge
Hi,
I have 7 years of experience as a QA , how much salary I can expect in Germany?
Based on this website www.kununu.com/de/gehalt/software-qualitaetsmanager-in-15126 you can expect a gross salary between €52,000 to €58,000 per year.
what is the best salary that we can get for 9+ yoe person in software engineering?
Thank you for your question. The realistic range that you can expect is anywhere between €70k to €90k gross per annum.
Hi , i am earning 32 lpa in india and got 75k euro in Baden wurtenberg state . Im married and 4 yrs old kid . Is it a good deal ?
Thank you for your question. Below I will share my thoughts.
As a matter of fact I know that INR 32lks p.a is a great salary in India. One can have very good life with this money in India.
Also, €75k is a great salary to have in Germany. The German average salary is about €45k when you compare it with this then it is very clear that it is a great salary.
But if you take cost of living into consideration and then compare INR 32lks in India vs. €75k in Germany then I think you are better off with INR 32lks in India than in Germany.
As this is the case please make sure to answer yourself what exactly is your motivation behind moving to Germany.
If your major motivation to move to Germany is make more money and saving more money then do not come I would say.
But your major motivation is to get great work life balance, get International exposure which will put you in a different league, provide good education to you kid (for free), get different cultural exposure which beings growth personally and professionally for you and your family, do not have the frustration about unfairness and corruption in the society etc. etc. then it can be the right step to move to Germany.
I hope my answer will provide you some information to take your decision.
@@chandra-sen thanks a lot . It really helps
@@priyankpatel9973 I am happy to hear that my information helped you.
@gongalonga I am glad to know that you see my answer as a practical one.
@@priyankpatel9973what have you decided?
Hi Chandrasen, I am planning to join higher medical training from 2024. My gross will be approx 5000 to start and then 6600 by year 6th.
Possibly will be working till 67 or 70 years age.
So, 15 to 20 years working years.
I will have 1 kid who is 11 years right now.
My wife will be working slowly as will get time from the kid after they adjust.
Now the question is that will we be able to buy a house?
If we don't return back, will we be able to save enough to retire?
If yes, it's worth else not.....
Please guide...
With the current situation in Germany, the interest rates are quite high, and hence buying a house could be a bit expensive.
There is a public pension system in place for every German resident who works and lives in Germany.
With the salaries that you are sharing, it is still worth I think. But I do not know what are your salaries in your home country now and what are your expectations from working and living in Germany.
As a rule of thumb what I always recommend to International people is that, if one is looking to have a stress-free life, great work-life balance, fairness in society, and have a decent life then they should choose Germany. You cannot become a millionaire by moving to Germany.
I am mechanical engineer with epc project execution (Age 57 yrs )with 25yrs +experience, any possibility to get job in Germany, or any age restriction
Thank you for your comment.
As far as I know international people with 50+ years of age it is not so easy to get a job in Germany. You can get one, but the probability would be very low based on my experience.
@@chandra-sen thanks 🙏
@@melapuram1You are welcome :)
I just wonder why after 9 years of living in Germany, why you do not have German passport
Currently double citizenship is not allowed here (only in special cases). However, it seems that will change in future.
Thanks for your comment. So far getting citizenship was not my priority! :)
@@chandra-senyour video is really over edited. Difficult to watch
German passport....😅😅😅😅😅 Naturalization
8 or 10 year experience just 80k😑😑😑
The main idea of creating this video is to convey the point that even though €80k is not too much the social benefits a family gets is really great which makes Germany the country where one can live with total peace.
First of fall don't expect Salry more then 5500 Groß per Month in Germany.. even the 80 percent German are not earning that. Don't spread lie please
Sorry I don’t agree with you. I know many Indians who earn up to €120k. Ofcourse it has to do the years of experience, your contribution to the company and also which exact role you are in.
My main motivation of this channel is to not spread lies but to share my honest 10 years of experience in the German job market.
@@chandra-senThe median salary is 48.000€. The median software engineer salary is 72.000€ including senior roles (60k without). The median senior software engineer salary is 88.000€.
120k is completely and utterly unrealistic for the vast majority of jobs. For a senior software engineer that's a top 2% salary. I seriously have no idea how you landed at your figures, because they do not represent reality whatsoever.
Hi thanks for reply. I am In BMW as Corporate Sales Assistant.. I am also earning good better then other. I am the only Indian in my state with this Internship. Working since 4 years.
I just mean to say that majority Germans also not earning that. 80 percent people are under 2500 Gross after that this tax class if you have tax class 3 well and good what about single.. I am giving 47 percent of the Salery as Tax. Please sorry for my word. But please don't talk about just Software or engineers..
And they also not achieving more then 60 to 80k this is also possible if you are on very high position or designation.. by the IT people are earning good I know.
the man mentioned specific fields and he is right about the numbers.
just google average senior software engineer salary in Germany and you will see that he is right!
What about doctor salary??
According to the below shared stepstone article the average salary of doctors in Germany is about €86k in Germany. What I know for sure is that Doctors are the ones who earn the most in Germany.
www.stepstone.de/gehalt/Facharzt-aerztin-Allgemeinmedizin.html#:~:text=Wenn%20Sie%20als%20Facharzt%2F%C3%A4rztin,Jahr%20und%20monatlich%208.333%20%E2%82%AC.
I think the below link can provide you with a detailed procedure on how a doctor from a foreign country can get a job in Germany. www.make-it-in-germany.com/en/working-in-germany/professions-in-demand/physicians
Thank you
What abt 60k?
Also €60k is a pretty good salary I must say. An average German earns around €46k.
@@chandra-sen That should have been the intro to your video! ie. the average German income!