H1B with big package moving to Canada in hope of better life
- Thread starter sdgmits
- Start date
Not really a question anyone else can answer for you. You need to weigh the massive drop in salary (150kUSD > ~72K USD) against all the other things that may be important to you.
I know someone who gave up a 200k+ USD salary to move to Canada and is happy (started own business, feels more free, makes even more money - but this person is somewhat of a unicorn, not your average joe), and I know people who simply cannot imagine giving up their USD salary to move to Canada.
This is deeply personal - your definition of a "better life" is entirely your own.
However, with a family of 4 to support and you're the only breadwinner... I would lean towards saying no, don't move. Not until you have a clear plan on how you would replace your current salary.
I know someone who gave up a 200k+ USD salary to move to Canada and is happy (started own business, feels more free, makes even more money - but this person is somewhat of a unicorn, not your average joe), and I know people who simply cannot imagine giving up their USD salary to move to Canada.
This is deeply personal - your definition of a "better life" is entirely your own.
However, with a family of 4 to support and you're the only breadwinner... I would lean towards saying no, don't move. Not until you have a clear plan on how you would replace your current salary.
Agree there are lots of considerations. Is your spouse wanting to return to work. Most Canadian families have 2 working parents out of necessity. Where would you be moving? The cost of living varies dramatically between cities. Why are you moving to Canada and what are you expecting? Given the exchange rate it is a significant difference in salary.