i got two offers from same Reputed Bank, everything like title, work profile being same, the compensation looks like below. For a 4 member family (spouse + 2 kids in school) which option is good to choose? 10 million JPY/anum Tokyo salary vs 150 K SGD/anum Singapore salary
Singapore. Japan is a nightmare to work in.
Singapore is literally hot while Tokyo is not even though there is Tokyo Hot.
If the compensation is the same where that quantity of money gives you better quality of life?
In Tokyo, you’d have to speak fluent Japanese or work at a foreigner dominant company, otherwise you will find yourself in a tiny social circle.
are both figures base salary?
Yes
Choose Singapore 1) better housing 2) cheaper living 3) lower income tax 4) english speaking 5) multicultural Choose Japan: 1) if you want to learn Japanese 2) if you like Japanese food(but it's expensive) Also check schooling policy for both.
YOE ? What would be the total TC for each ?
singapore is very good place for working, but you will get bored pretty fast since theres basically nothing here singapore is quite expensive as well for foreigner (school, property stamp duty), and there is 2 years national service for your kid if you apply for PR I will choose japan for settling down if I have a family and dont mind to learn japanese. in terms of living cost, I think it is similar. but singapore has lower income tax
I disagree cost of transport and food is much more expensive in Tokyo than Singapore Also I don't think anyone would apply for PR given the low tax benefits that you get
yeah, I agree, the cost of public transport and food in singapore is cheaper a lot of my colleagues applied for PR because of the additional salary gain from CPF, it is quite tempting if your salary is high. I also heard that you can take the money immediately if you abandon the PR status later
YOE? WHICH ROLE?
10 million sounds way more than 150k. Just compare the number of zeroes. Hope this helps.
Hope you know exchange rates :) both are same compensation
I second this