I work for a US MNC in aerospace industry as Manager based in Abu Dhabi .I am Indian male, 38,an aircraft engineer with 16 years work experience.
There was a managerial opening at Toronto for which I applied internally and have been selected.The offer is CAD100,000anually, and I am negotiating with them at present.
My present salary(tax free) is 11,700 USD per month.
My question to experienced members hereis that is CAD 100K a good salary in Toronto for a family of 2?
Also considering the lower income and high taxes does it make sense to take this offer?
I understand Engineering Manager is a occupation listed in skilled worker program and if I get the job, how soon can I apply for PR and how long is the processing times?
Thats great. Normally it takes 1-2 yrs for processing, but for those persons who got job offer letter, processing will be quicker. but u can apply for PR from canada itself. processing will be quicker if u apply frm canada.
As someone who was born in Toronto and has lived here my entire life, I would say $100K is a good salary. I wouldn't say it's very high because the cost of living here is high. And keep in mind that a good portion of the $100K will be lost to taxes. It is not uncommon for people who live in Toronto to have a salary greater than $100K. I would say that two people can live a comfortable life in Toronto on this salary - but certainly not an extravagant life. Unfortunately I can't compare this to Abu Dhabi as I've never lived there.
I would encourage you to look at rental rates and house prices through mls.ca. Also, fine one of those online tax calculators and enter the $100 salary to see how much you will actually take home after tax.
I work for a US MNC in aerospace industry as Manager based in Abu Dhabi .I am Indian male, 38,an aircraft engineer with 16 years work experience.
There was a managerial opening at Toronto for which I applied internally and have been selected.The offer is CAD100,000anually, and I am negotiating with them at present.
My present salary(tax free) is 11,700 USD per month.
My question to experienced members hereis that is CAD 100K a good salary in Toronto for a family of 2?
Also considering the lower income and high taxes does it make sense to take this offer?
I understand Engineering Manager is a occupation listed in skilled worker program and if I get the job, how soon can I apply for PR and how long is the processing times?
look for what kind of other perks they are providing with the position...for example: car insurance is a bitch here so if the company is providing you a car there goes your around $500 needed to keep a car...then there are health benefits, ability to move up in the company...