| ||Moving to USA (NYC) – Need Advice|
41 points by JackOfAll on Aug 18, 2013 | hide | past | web | favorite | 55 comments |
I need a bit of advice as my research on google has not cleared my doubts.
I am based out of Hong Kong as a C++ and Java developer (10 years exp) and my company (an Investment Bank) has decided to move my role to New York. I have persuaded my bosses to relocate me to NYC and they have agreed. Though the HR talks have not yet happened regarding salaries, i would like to prepare and set mine and their's expectations.|
After a lot of research on google/glassdoor/etc, i have come to the following conclusions:
1. I might not get the best market salaries (Asian/NYC being high cost center/non native English speaker/first timer to USA/etc)
2. I should range my salary expectations in a range of 130K-150K just to be safe in the zone and not miss out on the job. Is this fair?
3. I have no option but to work in NYC and live in NJ. It seems that this is the sanest thing to do.
4. Taxes being high compared in NYC, I can safely assume 40% of my salary being cut. So that leaves me in a range of 78K-90K after tax. Assuming my rental will be around 2k and monthly expenses around 1k, that would leave me with 42K-54K. This i believe should be more than enough.
5. My life-work balance might go for a toss given that longer hours are the norm in NYC (Wall Street). Am i right?
6. Given that i will be moving to USA on an L1 B visa? (not a senior management guy) i can apply for a GC (as in Green Card, not the other GC) as soon as i join and get it in around 2-3 years. Am i right?
My preparation for my move has not yet started and i am sure that i will have more questions. Since i have no one in USA (friends/family/etc) i am completely reliant on YC.
Please let me know on the above points and if any of my assumptions are wrong. Also please feel free to advice me on anything that you think would be a appropriate.
Warm regards from Hong Kong...
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