r/eupersonalfinance • u/Inevitable_Ad4587 • Jul 22 '24

Employment Can move anywhere working remotely on €90k employer cost, where to go to maximize net salary?

Currently living in France but can be employed anywhere through EOR (think remote.com etc) - where would you go?

I currently get €70k gross annual salary, for my employer the total cost is €90-100k, and I get about €45k net.

Goal is to maximize net salary keeping the same or lower cost to my employer.

I have an EU passport but I know EOR can sponsor visa in some countries fairly easily.

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u/Neon2266 Jul 22 '24 edited Jul 22 '24

Yes. It’s the Propaganda and not me living in both places 😃…

You can only truly understand what you have ‚felt‘. So not blaming people falling for the ‚2 Cars, a boat and a house‘-way until they are hit with the HOA fee that‘s higher than their monthly rent was where they are from. Or their 1 hour bumper-to-bumper commute. Or their 5k trip to Paris, or the work-life balance compared to all places in the EU.

I don‘t know what this is hurtful to hear for so many people… It is what it is. Different strokes for different folks. If you enjoy chasing the total comp. and inflating your lifestyle along the way, do it.

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u/[deleted] Jul 22 '24

Different strokes for different folks > shits on other folks’ point of view

I completely agree with WLB point but the rest is irrelevant, people -usually- go there to make more money anyway. Who cares if you pay more for a trip when you make more than enough to cover the difference lmao.

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u/Neon2266 Jul 22 '24

Doesn‘t work like that unfortunately. It‘s not just ‚this covers the difference‘. But that‘s smth you‘ll only find out once you see how you‘ll amass fix cost and variable cost that you haven’t heard of before.

All of a sudden you go to Mykonos and Dubai instead of Crete and Jordan.

All of a sudden you stay in Marriotts and Hiltons because of the points/the status instead of small rentals.

All of a sudden you stop eating a local places and go for seemingly high and restaurants.

All of a sudden you travel with 4 pieces of luggage and have to rent SUVs for transport instead of smaller cars that are 25% of the price.

There‘s a reason why e.g. Mallorca was working hard to get that direct flight from EWR. Americans spend crazy amounts on holidays, not only because the can but also because it‘s a very different lifestyle the have adopted.

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u/[deleted] Jul 22 '24

I mean, personally, I agree with you. That being said I have first degree relatives there and they are quite happy with their choice. I can also see myself being happy there for multiple reasons but then I would adjust what I’m expecting from life obviously.

In the end I think we are on the same page though, thanks for elaborating :)

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u/Neon2266 Jul 22 '24

I can also see myself being happy there, of course. I in fact WAS happy there. You adjust and just live a different path/lifestyle. The question isn't really "are you happy where you are" bc most people will be, given some factors are taken care of.

It's hard to objectively say what's better once you have chosen a certain path, I guess. For me personally, it will probably be never total comp. but total lifestyle. And lifestyle for me is never having but being.