Expert Info
on 23 Oct 2019
I work in technology in a top tier US bank. I have been offered a potential opportunity to move to London. I currently reside in NJ and work in New York City. I am married with two kid (6 & 3). We also own a house in NJ. Looking for advice from expats with similar experience to advice on salary negotiation, tax consideration for UK and US, overall rental costs for a two bedroom and other considerations. I am trying to get an idea what I should I expect so I can better negotiate with HR. I currently make USD $150K and our US mortgage is USD 3k. I am sharing this info so that I can get a realistic idea on what to expect and should negotiate to avoid potential issues. Thank you.
Expat Health Insurance
Cigna Global Health Insurance.
Medical insurance specifically designed for expats. With Cigna, you won't have to rely on foreign public health care systems, which may not meet your needs. Cigna allows you to speak to a doctor on demand, for consultations or instant advice, wherever you are in the world. They also offer full cancer care across all levels of cover, and settle the cost of treatments directly with the provider.
Moving Internationally?
International Movers. Get Quotes. Compare Prices.
Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.
Get your free no-obligation quotes from select removal companies now!
Hi Efe, I can't speak from personal experience, however I hope my comments can be of help. Generally, the cost of living in London is lower than it is in NYC. Things like rent, accommodation and grocery prices are all cheaper in London than they are in NYC. To get an idea of the cost of living in London, you can have a look at our Cost of Living page for London.
Tax in the UK can be complicated, the best resource I can recommend here is the PWC guide to UK taxes. In terms of your package, you need to consider things like: will they include health insurance, schooling and relocation costs?
Hope this gives you some guidance. Good luck with the decision! Rianca