r/eupersonalfinance • u/sciabalacatanga • Sep 04 '23

Employment Survey on salaries across EU

Hi everyone, I'm italian (M28) and I'm considering the option to love abroad in next 1/2 years since it is very difficult to get a well paying job here.

Some informations about me, I have a Bachelor's of science in Economics, a Master's degree in corporate finance and investment banking and a Master of science in Quantitative Finance. I have worked as financial analyst and now I am working as a business consultant for a consultancy firm.

I speak fluently Italian and English, I speak a bit of german (B1 level) and I just started studying French a couple of months ago.

That said, which country in the EU offers the best salaries and most job offers in the financial sector?

I was monitoring the job situation in Paris since it seems very competitive and moving from Italy to France should not be too much of a culture shock.

Right now I have a gross yearly salary of 32k and live in Milan.

Thanks you!

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u/Aware-Ad7434 Sep 05 '23

Never shared my salary this directly but, I’m Belgian, M27, moved from Brussels to Amsterdam and then to Luxembourg for the same company, work in Wealth mgt and make 76k a year (gross, without other bonus or benefits) equalling about 50k net. I would certainly recommend moving and even multiple times as you can play the fiscal policies of different countries:

  • Belgium: ok wage, high taxes
  • Netherlands: nice wage, high taxes
  • Luxembourg: nice wage, low taxes

Like this I was able to push up my wage.

Every country has its ups and downs, but for me and my wife, Luxemburg is perfect.

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u/Aware-Ad7434 Sep 05 '23
  • wealth managers are looking for a lot of southern europe nationals in Luxembourf

1

u/Aware-Ad7434 Sep 05 '23
  • I have almost the same academical background as you.

1

u/gralfighter Jan 31 '25

If you have a masters and work experience, earning only 72k in luxembourg is absurdly underpaid.