Moving from Seattle to Vancouver, BC

Amazon boldPlay
Jan 31 30 Comments

1. What would be approx. comp (excluding stocks and not considering taxes) for Amzn SDE-2 role?
2. How much would be total tax % (federal+state+whatever) ?
3. Any other major deductions from payroll like medical insurance, 401K, etc?
4. How much would be a 1 or 2 bedroom home rent in downtown?
5. What would be regular monthly expenses (excluding rent) for a family of 2?

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TOP 30 Comments
  • Trulioo JHOY58
    The public transit system is galaxies better than Seattle. Try to make use of it.
    Jan 31 0
  • Amazon jacksap
    1. I think 150-160k CAD(fairly certain this is the range -can anyone else confirm?)
    2. Around 30% -type “Canada tax calculator” on google and check this
    3. Check out RRSP -it’s similar to 401k and your investments grow tax free.
    4. Downtown is super expensive-1500-2000 CAD for a One bedroom.With a little commute you can bring this down.The public transport is great and you can even commute for 30-40 minutes.
    5. unsure
    Jan 31 3
    • Amazon boldPlay
      OP
      Thanks @jacksap!

      #1. Is this compensation "excluding" RSUs and bonus?

      #2. I'll definitely Google about taxes. Just to check with yo,u, is this 30% max tax including all kind of taxes? I have heard about nightmares of 40% taxes!
      Jan 31
    • Amazon XFUd22
      #2 No. Marginal tax rate goes upto 48%. But tax at L5 compensation will be 30-32 % max.
      You can check it here
      https://simpletax.ca/calculator
      Feb 1
    • Amazon XFUd22
      # Disclaimer - I am not based out of Canada but I am looking to and gathered some info around taxes.
      Feb 1
  • Facebook cool kids
    Subscribing!!!
    Jan 31 0
  • Infoblox 2600
    1. 120-140. Depending on yoe. 150 base is rare.
    2. Depends. Google takehome calculator Bc 3. Yes. EI and some other stuff.
    4. 1bd condo 600 sqrft starts at 2000 dt. 2bd 2800-3000. You can find older walkups in the burbs for around 1500, but shared laundry..
    5. Mine are around $1000.,- single, no car, don't eat out often. To live well without car, budget $2k.
    Jan 31 1
    • Amazon boldPlay
      OP
      Thanks for the numbers, @2600. Appreciate your time.
      Jan 31
  • Tableau gjCq51
    Also look at childcare costs and availability (1+ year wait-list), and condo/house prices. Run numbers through a mortgage calculator. Consider there are fewer employers in Vancouver == fewer future options.
    Feb 1 5
    • Amazon jacksap
      Availability for what?
      Feb 1
    • Tableau gjCq51
      Childcare. Expect most daycares to have wait-lists longer than a year.
      Feb 1
    • Amazon jacksap
      Is it the same in Seattle/Bay Area?
      Feb 1
    • Tableau gjCq51
      Sorry, IDK
      Feb 1
    • Amazon / Eng abraaaam
      I heard that people book day care in Seattle as soon they know they're going to have a baby. So I guess it's equally bad
      Feb 1
  • Amazon / Eng abraaaam
    Also, Amazon contributes 3% to rrsp. And you get around 1000 cad per year for transportation
    Feb 1 4
    • Amazon boldPlay
      OP
      3% of what?
      Feb 1
    • Amazon / Eng abraaaam
      Oops sorry. Matching contribution up to 3% of base pay
      Feb 1
    • Amazon boldPlay
      OP
      So it doesn't depend on my contribution? Weird!!
      Feb 1
    • Amazon / Eng abraaaam
      Corrected!
      Feb 2
  • Netflix / Product Thats_It
    Your tax rate will scale based on what your Net income is.
    Their version of 401Kis called RRSP (registered retirement savings plan). You’ll need to ask about contributions , etc. I would also dig into what it would look like if/when you leave Canada. Can it transfer straight into 401K without tax implications or do you have to wothdraw and then reinvest in an IRA or the like.
    I can’t answer specifics for the last two but auto insurance is quite high there (and centralized with one company -ICBC) and keep in mind hat many purchases have up to two taxes added to it - GST and PST.

    It you’ll get a lot in return. Cheaper/free health insurance, great quality of life, etc.

    And heads up - traffic is challenging.
    Jan 31 4
    • Amazon boldPlay
      OP
      Thanks @Thats-It!

      How about the availability for facilities in healthcare, I had heard that you've wait a lot of availing the facilities!
      Jan 31
    • Netflix / Product Thats_It
      Facilities are everywhere. If you need help, it’s there. For surgeries that are not life threatening at the moment, you will be prioritized and put on a wait list.

      For example, my dad had embolisms in his legs. While he needed the surgery for the long term, they didn’t present an emergency. He was waitlisted and got the surgery a couple months later.

      He also had a heart attack. They got him in there immediately.

      Having been raised there and then living in the US now, I still think their approach is better/faster. The US is much more thorough when they see you - I think some of that is fear of missing something and being sued as well as a way for them to pad their pockets - so you might need to ask for things but they will also tell you what’s not necessary.

      It won’t be a problem.
      Jan 31
    • Amazon boldPlay
      OP
      Thanks for the real life example. Appreciate it. Relieved to know this :)

      Also, regarding taxes, I checked that tax calculator, it showed around 38% tax rate. Is this really this much high? I checked with various salaries (as I don't know my exact one now) between 100K to 140k and it varied between 38%-40%
      Jan 31
    • Netflix / Product Thats_It
      I can’t say for certain about the rate, but I wouldn’t be surprised. Remember that what you may “lose” in taxes, you are supposed to be gaining in healthcare, education, elder care, etc.

      That being said, I’m a single person and that factored into why I left. Paying for services that I didn’t intend on using (sure, I got educated but I’m young and healthy so I don’t need other services), I didn’t want to pay a high tax rate for the benefit of others. It’s very uncanadian of me to be so selfish...

      I loved Vancouver though. So much to see and do. Lots of great neighborhoods. Phenomenal food. Culture. Events. Everything.
      Jan 31
  • CA Technologies SpEK56
    1. Other people already answered

    2. Expect around 30% or more so. When base is 120k, take home cash is around 7k. Keep in mind that Canada has EI (employment insurance), and CPP (Canadian Pension Plan) which will be deducted from your paystub, but these two has the limit, so your pay will slightly increase once you reach the limit. Not exactly sure about how calculation works, but you will most likely reach the limit around June, and your take-home cash would increase for that.

    3. Medical insurance: I believe that Amazon will pay for it. There are two parts: 1) Government Health Care, 2) Premium Life Insurance (i.e. RMT, Chiro, Disability, etc). I believe that Amazon will pay for both, and you won't be responsible for any, but some company doesn't pay 1), and you might have to pay some portion of 2) if company isn't paying full amount. Of course, not comparable to US, 2) is only about, even if you have to, less than $100. For 2), there are too many variables.

    As people said, RRSP is CA version of 401k. You will choose how much you want to contribute, and Amazon will match the amount to whatever their limit is based on your base salary (someone just mentioned 3%). It's highly recommended to do the max, and the rest is up to you. You will get tax benefit from it; more you contribute, more you will get return or less you have to pay back to CRA (CA version of IRS)

    4. As people said, expensive...1BD at minimum of 1500 ~ 2300, and 2BD around 2000~3000 I believe.

    5. Depends, if you have a car, or not, if you would like to dine out often or not, all that matters. At the minimum, I guess without a car, minimum expense without doing anything (utilities) would be around 300 ~ 500, + depends on how often you would eat outside (you would expect around $10~20 for a quick non-fancy lunch, around $20~40 for dinner)
    Feb 8 1
    • Amazon boldPlay
      OP
      Thanks for all these details. It really helps me to take the decision. Thanks again. I appreciate it.
      Feb 8
  • Amazon / Eng abraaaam
    There's also something called vacation premium pay. I dont know how it's calculated but this year I got extra 1200
    Feb 1 1
    • Amazon boldPlay
      OP
      Wow..this is nice incentive
      Feb 1
  • Amazon / Eng hy38jn
    @2600 is correct. Very accurate.
    I've heard L5 SDE with 130 CAD base after promo so expect ~140 as you are now.

    Regarding taxes, it's a progressive tax rate. Maybe your highest bracket is 38% but effectively should be lower overall.
    Jan 31 1
    • Amazon boldPlay
      OP
      Ahh...I see.
      Now I noticed that there is average tax rate and then there is marginal tax rate
      Thanks for pointing it out
      Jan 31