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Old 27th October 2003 | 18:26
  #19 (permalink)  
Capt Groper
 
Joined: Oct 1998
Posts: 191
Likes: 0
From: OS
To Moggie and others = EK Pay

Yes the overall package may appear attractive but don't forget about the cost of living here!

The Government increases it's charges dramatically (an indirect taxation method). for example.

Payements for Visas for children being educated overseas, Drm10,000+ payment for a maids visa, car regestration fees increase by 25% every year, etc. there are many hidden costs that need to be taken into account. School fees above the maximum company allowance.

A few years ago the Central bank announced that the cost of living have risen over 25% in 10 years During that period the EK salary had only increased by approx half that amount.

Don't count on a retirement package that will make life comfortable after 60. The Nationals have already opted out of the pension scheme for another package they're offered, (I believe % based on their last salary and not available for the expats).

So do your sums before you buy a bucket and spade for you adventure in the sand pit.

Capt Groper is offline