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-> Israel related Inquiries & Aliyah Questions
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amother
OP
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 Wed, Aug 09 2023, 12:18 pm
What amount of minimum savings makes sense to come with a family of 4 kids +parents? If dh makes 250 thousand in the US will that be sufficient for EY ? Can that be spread out more there than in the US?
He can work remote
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LovesHashem
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Wed, Aug 09 2023, 1:27 pm
Wait, 250,000 dollars a year? After taxes?
Thats around 75,000 shekels a month. The average salary here is 13,000 a month, times two parents I'd say most families make 20-30k a month. Thats literally double.
You would have a very high quality level of life, but I don't know how the taxes here would work. People in Israel in that tax bracket are taxed about 50% usually.
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amother
Anemone
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Wed, Aug 09 2023, 1:28 pm
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We are a family with one and make 9000 shekels a month. Thats a lot of money here.....
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amother
DarkOrange
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Wed, Aug 09 2023, 1:30 pm
With a family of 11, our budget is about 20 - 25000 shekel a month. That's about 8000 dollars a month. We live pretty simply but on 75000 a month you could live like kings and save as well.
Last edited by amother on Wed, Aug 09 2023, 1:30 pm; edited 1 time in total
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amother
DarkOrange
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Wed, Aug 09 2023, 1:30 pm
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amother
OP
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Wed, Aug 09 2023, 1:33 pm
| LovesHashem wrote: | Wait, 250,000 dollars a year? After taxes?
Thats around 75,000 shekels a month. The average salary here is 13,000 a month, times two parents I'd say most families make 20-30k a month. Thats literally double.
You would have a very high quality level of life, but I don't know how the taxes here would work. People in Israel in that tax bracket are taxed about 50% usually. |
Before taxes .. so around 180000 after
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amother
OP
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Wed, Aug 09 2023, 1:42 pm
[quote="LovesHashem"]Wait, 250,000 dollars a year? After taxes?
Thats around 75,000 shekels a month. The average salary here is 13,000 a month, times two parents I'd say most families make 20-30k a month. Thats literally double.
You would have a very high quality level of life, but I don't know how the taxes here would work. People in Israel in that tax bracket are taxed about 50% usually.[/quote
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LovesHashem
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Wed, Aug 09 2023, 1:57 pm
| amother OP wrote: | | Before taxes .. so around 180000 after |
Thats about 55,000 a month. Still a tons of money. Most people I know are making less than half of that....
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amother
Moccasin
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Wed, Aug 09 2023, 9:58 pm
| LovesHashem wrote: | | Thats about 55,000 a month. Still a tons of money. Most people I know are making less than half of that.... |
180,000/12 = 15,000
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amother
Lime
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Wed, Aug 09 2023, 10:00 pm
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