posted
Hello everyone, may I trouble you all for some advic and honesty.
I am a UK man with a family including two children (11 and 16) and I have just been offered a new post that involves me moving from Dubai to cairo.
I am being offered somewhere in the region of 40,000 egyption pouunds a month salary and wanted to know a bit more about life in Cairo - where are the best places to live - good english schools for the kids and generally will I be okay with this kind of salary.
Thank you all in advance
Posts: 10 | From: Dubai | Registered: Mar 2006
| IP: Logged |
posted
you will be more than ok with this kind of salary! you will like a king, you can rent almost any apartment you want, have cooks, and maids. but i guess you are used to that lifestyle if you have lived in dubai. as for the places to live, well that is very relative. many foreigners like to say in maadi, because its green and quiet, zamalek, because its near the nile, and has many exapsts, or garden city because its near downtown cairo. i was raised in heliopolis, so im very biased, i think its beautiful, with a very nice feel to it. if you like crowded areas with a lot of hustle and bustle, then go for mohandseen, it has some of the hottest spots in cairo.
if you want a villa with a garden in a quiet clean place, then live in one of the new resorts like katemeya, shrouq or 6th of october city.
good luck, and i hope inshallah you can enjoy your stay in cairo!
Posts: 4446 | From: Egyptian in Sydney | Registered: Mar 2005
| IP: Logged |
posted
are you for real? you must be intelligent to earn that much... yet you dont know if £4k a month is enough to live on.... in EGYPT????? its enough to live on anywhere for crying out loud. and you thought it best to look into it in a chat forum?????
sorry, no offense! welcome to ES!!
Posts: 5642 | From: hellonearth.myfastforum.org Forum Index | Registered: Feb 2006
| IP: Logged |
posted
HEY BUDDY WHAT YOU DOING IN DUBAI I USED TO LIVE IN THE MIDDLE OF THE PLACE NEAR CITY CENTRE,UNLESS U HAVE TO MOVE STOP WHERE YOU ARE,ITS NOT THE SAME AS THERE AT ALL.I MISS THE PLACE MY FRIENDS HAVE HOTELS THERE OVER IN BUR DE BUAI.ARE THEY STILL BUILDING THE HELL OUT OF EVERY WHERE.4K IS GOOD WAGE WHAT YOU IN TO WHISKY SMUGLING THAT THE ONLY JOB I KNOW THAT PAYS THAT MONEY A WEEK
Posts: 1344 | From: uk/ | Registered: Mar 2006
| IP: Logged |
posted
posters sometimes can't win. if they don't give a ballpark figure of their budget, they're told they need to be more specific. if they do, they're told all else.
ajay, be sure to factor in private schools, as they can be pricey. there's lots of language schools but the american (CAC) and the british one (sorry don't know the exact name) are the #1 and #2 most expensive ones. There's other alternatives, but often the teaching credentials aren't always good, so you really do end up with what you pay for.
Posts: 2182 | Registered: Oct 2002
| IP: Logged |
quote:Originally posted by ajay: Hello everyone, may I trouble you all for some advic and honesty.
I am a UK man with a family including two children (11 and 16) and I have just been offered a new post that involves me moving from Dubai to cairo.
I am being offered somewhere in the region of 40,000 egyption pouunds a month salary and wanted to know a bit more about life in Cairo - where are the best places to live - good english schools for the kids and generally will I be okay with this kind of salary.
Thank you all in advance
i think for your profile the best place to live in cairo is going to be in maadi. The place is south / south-east and it's reposeful, not noisy and you have a choice of a lot of different schools, french lycée (the best one) american college (pricy but it worth it) and other language schools.
Posts: 1473 | From: France | Registered: Oct 2005
| IP: Logged |
posted
Thank you everyone so far, let me clarify a few things for you all;
1. I am not after any women as I am happy married with two lovely children.
2. I apologise about putting my salary on here but I needed to know what people thought of the salary - some people have replied quoting 4k a week, I'm confused! I have converted my Dubai salary to Egyption punds at its working out at 40,000 a month. Can someone also tell me what the tax laws are regarding salary.
3. No - I dont smuggle whiskey, drugs or anything else - I am a manager of a telecommunications group about to set up a new division in north africa.
4. I was originally born in Kenya but moved to the UK when I was 6 where I lived up to last year when I moved to the UAE.
5. I work from three offices, Sheikh Zayed Rd, Bur Dubai (near the Abra station) and Jumeirah - depends what I am doing to what office I go to but I prefer the Bur Dubai office for the atmosphere and local food.
6. I actually dont live in Dubia, I live in Sharjah (just next to Dubai) WHY? because I hate Dubai and the hustle and bustle - I like a quiet life.
I want to thank you all, Inshallah I will make the right decision and my family will benefit from what I do, In the meantime can you all please keep up with the advice and comments.
posted
ok ajay if you live shajah then egypt is the same,find it strange the hustle of dubai ,so you must love drive down the bloody road and sitting for hours in traffic,i used to live next to the clock tower facing the telephone place etisalat,
Posts: 1344 | From: uk/ | Registered: Mar 2006
| IP: Logged |
posted
I leave home at 5:30am every morning, drop the kids at school at Garhoud and then go to work. Dubai is great but its just so false and full of idiots who all think they are rich or want to be rich - I like the social aspects of Sharjah.
I have been looking at buying a villa in Cairo but this time my wife has decided she does not want to work (she is a bank manager here) so I am after a good location but its got to be close to an english school.
Posts: 10 | From: Dubai | Registered: Mar 2006
| IP: Logged |
posted
yes i have been left a year now was a really good place but things changing every day,used to go up in the desert on quad bikes toward hatta mountains.my factory was up in shajah one near paint round about the other where the cement factory near the sheikh palce
Posts: 1344 | From: uk/ | Registered: Mar 2006
| IP: Logged |
posted
sorry not in cario in sharm el sheikh and live in the uk.my friend is from there and in fact is giong back today he does not like it and to be honest you will find a big difference between main land egypt and the uae.just little things the cars here are 20 years old that the taxis.my advice if you can stop where you are then stop.yes i know where you work i used to like driving op that road and looking at the buildings if there is one thing in dubai they know how to build.all be it on cheap imported labour.could not belive how they have labour camps there
Posts: 1344 | From: uk/ | Registered: Mar 2006
| IP: Logged |
posted
well off out now have a good day ajay got to take my car in hope the weather is good miss them days where you carnt breath lol
Posts: 1344 | From: uk/ | Registered: Mar 2006
| IP: Logged |
posted
I don't think if quite is what you desire you will find it in CAiro. But for that kind of money you might be able to buy it. Laugh... God bless you for your achievement....if you need to unload any look me up... Good luck...... Yes, Maidi is supposedly lovely.
Posts: 395 | From: Whereever I go | Registered: Jul 2004
| IP: Logged |
I live in an area just outside Cairo called Al rehab. Its a nice quite area, lots to do, sporting club on site, and 3 good schools, British/Futures/and a Dutch school. This is also situated off the ring road which goes around cairo, so for example, if you live at Rehab, and work in Mohadinseen, it may take you around 30 minutes to work by car. If you give the Alrehab office a call, I know that they normally sell villa's apartments etc, but i am sure they wil know of available properties to rent. I will get there number for you and send it on in another post. Good luck
Posts: 288 | From: UK | Registered: Feb 2004
| IP: Logged |
posted
Cairo is the hustliest and busliest place on Earth, Ajay!! So if you're looking for quiet you're coming to the wrong place. International schools will cost you 3 to 4 months salary for both your kids. Try to get your company to include a school fee package.
Posts: 1039 | From: Cairo | Registered: Sep 2002
| IP: Logged |
posted
now you have me interested in the telecommunications company that you are setting up in Egypt. We are planning to move there this summer and I have worked for many years in this industry. Can I get some feedback from you concerning growth of this firm over the next year.
Posts: 12 | From: Toronto, Canada | Registered: Jun 2005
| IP: Logged |
posted
May I suggest a good school for the kids..The British International School in Cairo. Its in Zamalek. Best British education u'll get in cairo.
Posts: 26 | From: Cairo, Egypt | Registered: Apr 2006
| IP: Logged |
-------------------- HandsUpHandsDown is that american woman who used to be known as "ana huna" in ES! Strange but true. Posts: 1123 | Registered: Oct 2005
| IP: Logged |
posted
I have been offered a very good position with a major telecoms company in cairo, simply they want me to set up a new division for North Africa and are paying me what I believe to be an excellent salary and package - thats why I am on here to see if the package they have offered is good as I dont know the cost of living in Cairo.
They have put a final offer as follows:
Monthly salary 40,000 egyption pounds per month Rent Allowance 14,000 egyption pounds per month School Allowance 90,000 egyption pounds per year Car Allowance 30,0000 egyption pounds per year
Plus an anual bonus, health cover, life insurance, pension and four tickets to the UK or Dubai for me and the family every year.
I have been told this is an amazing package but again excuse my ignorance because I have no idea what kind of standard of life I can expect in Cairo for that kind of money.
I am coming over in two weeks to have a look at some villa's and schools and make a decision.
Posts: 10 | From: Dubai | Registered: Mar 2006
| IP: Logged |
posted
Hi Ajay, That is a fantastic offer, especially having schooling etc as an extra benefit. You will have a very high standard of living, if you wish to use it all. However you have a great opportunity here to save alot of money and still have a nice standard of living. Enjoy your visit, I would be interested to hear what you thought of Cairo on your return. Keep us posted
Posts: 288 | From: UK | Registered: Feb 2004
| IP: Logged |
posted
i advise you to get a personal trainer. the best that money can buy.
Posts: 5642 | From: hellonearth.myfastforum.org Forum Index | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by ajay: I have been offered a very good position with a major telecoms company in cairo, simply they want me to set up a new division for North Africa and are paying me what I believe to be an excellent salary and package - thats why I am on here to see if the package they have offered is good as I dont know the cost of living in Cairo.
They have put a final offer as follows:
Monthly salary 40,000 egyption pounds per month Rent Allowance 14,000 egyption pounds per month School Allowance 90,000 egyption pounds per year Car Allowance 30,0000 egyption pounds per year
Plus an anual bonus, health cover, life insurance, pension and four tickets to the UK or Dubai for me and the family every year.
I have been told this is an amazing package but again excuse my ignorance because I have no idea what kind of standard of life I can expect in Cairo for that kind of money.
I am coming over in two weeks to have a look at some villa's and schools and make a decision.
Put it this way, a good salary for an Egytpian or even a normal ex-pat who has been employed in country is 2,000 - 5,000 LE. They probably couldn't afford to send their kids to the best private schools, but they could live in a good area, have a good social life, and also do some travelling. We used to have a single ex-pat American who said that she spent 6,000LE a month, but that seemed to cover a busy western style social life, frequenting ex-pat haunts.
This perhaps explains why not many people are giving you too much feedback when you keep on talking about these type of figures!
Posts: 4576 | From: Cairo | Registered: Jun 2002
| IP: Logged |
quote:Originally posted by ajay: I have been offered a very good position with a major telecoms company in cairo, simply they want me to set up a new division for North Africa and are paying me what I believe to be an excellent salary and package - thats why I am on here to see if the package they have offered is good as I dont know the cost of living in Cairo.
They have put a final offer as follows:
Monthly salary 40,000 egyption pounds per month Rent Allowance 14,000 egyption pounds per month School Allowance 90,000 egyption pounds per year Car Allowance 30,0000 egyption pounds per year
Plus an anual bonus, health cover, life insurance, pension and four tickets to the UK or Dubai for me and the family every year.
I have been told this is an amazing package but again excuse my ignorance because I have no idea what kind of standard of life I can expect in Cairo for that kind of money.
I am coming over in two weeks to have a look at some villa's and schools and make a decision.
posted
"On ET dunes had done a phenomenal job of listing a grid for the cost of living."
well....... heres your chance to copy and paste something of use!!!!!!!
Posts: 5642 | From: hellonearth.myfastforum.org Forum Index | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by Charm El Feikh?: "On ET dunes had done a phenomenal job of listing a grid for the cost of living."
well....... heres your chance to copy and paste something of use!!!!!!!
ET is shut down. I have a copy at home on my PC but my CD-RW doesn't work and don't have a flash drive until those buggers at Centon send it back to me and of course my luck with floppy disks.....
Well it is finals week of course nothing works. Posts: 1765 | Registered: Mar 2006
| IP: Logged |
quote:Originally posted by Charm El Feikh?: HA HAHA!!! sono, you make me laugh... you have it saved! he he.
good luck with your exams chick.
I have ES, ET arabist.net, el-shella, and a few others saved. Got this search engine I am testing and will re-create a freaking grid of useful relocation information.
If it was only exams I'd be lucky, but no its long papers. Thank Goodness its my last year. Posts: 1765 | Registered: Mar 2006
| IP: Logged |
Anything over 50,000 LE is taxed at 32% but I think that is for Egyptians. There are are provisions for non-residents/foreigners. For example :
Treatment of Foreigners and Foreign Branches
Resident foreigners (i.e. staying in Egypt for more than 183 days in a calendar year) get same tax treatment as locals. On the other hand, non-resident foreigners get a different treatment. Non-resident foreign employees are taxed at a rate of 10% without any deductions. Foreign branches get same local corporate tax treatment.
I would suggest you contact an accountant while in Egypt to know exactly where you stand. If you end up paying 32% tax, that's quite a chunk!! You will still be doing very well but compared to whom?
Posts: 637 | Registered: Apr 2005
| IP: Logged |
quote:Originally posted by Automatic For The People:
quote:Originally posted by Organized Crime:
quote:Originally posted by Anthropos: What is the income tax for under 50,000 LE ?
Thats 10,000USD and you are probably taxed by your own government accordingly.
On drugs again sonomod? What exactly does that mean and how much help do you think that was?
Dude the tax on the first 50000le (Egyptian Pound) is tax in your home's country tax code.
To put it honestly, your homecountry gets a shot at taxing you first. Then if you exceed a certain amount the host country gets to tax you.
You see in 1996 the expatriate tax code was changed. It was extremely unworth it for Americans to work abroad in some countries because they were double taxed to an excess. For young yuppies with no tax deductions it meant you were working for the experience and also working abroad puts your career into the fast track.
Not bad for only one year of business school.(meaning me, I am an IT major that switched)
Also the 1996 expat tax code allowed American retirees to live off of less than 10,000 or so USD without paying taxes to their host country. But it gave these host countries (especially Costa Rica, which lobbied for some of this) a chance to tax the hell out of the middle class and wealthy and recoup some of the investment in infastracture to attract these retirees.
Thats from reading all those pesky fricking UN and UNESCO reports.
You see dip-**** child porn loving Automatic, the world is looking forward to America's babyboom generation retiring.
Also many aid agencies are seeing the massive "brain drain" and want to incite western born and educated technocrats into starting their careers building what the "brain drain" population should've if they had stayed at home.
So we are looking at shifting populations, immigration, retirement, and all these factors make the income tax game for expats or retirees abroad a hodge-podge according to what type of income it is, how much, what host country, and why you are there. Including what type of industry your income stems from, expat or retirement income.
For instance, if you are a military retiree or a retiree from the Petro business, even Cargil you get some advantages of tax breaks in certain countries that if you were a CPA in the textile industry you wouldn't.
If you are an American there are literally hundreds of variations in the tax code abroad.
Cripes it was reformed in the Clinton era, a fullbright scholar. He also worked 20 hour days. It was an election year package. So in order to put his "Kenedy" type dreams through the house, he had to put some Corporate Dream legislation into it as well. Its bound to have termendous amounts of global social-engineering tied into it. Posts: 1765 | Registered: Mar 2006
| IP: Logged |
UBBFriend: Email this page to someone!
![[Roll Eyes]](rolleyes.gif)
posters sometimes can't win. if they don't give a ballpark figure of their budget, they're told they need to be more specific. if they do, they're told all else.
![[Smile]](smile.gif)
![[Eek!]](eek.gif)
![[Confused]](confused.gif)
Printer-friendly view of this topic