If we pay 300,000, how much salary does a person living in Japan get?
A Bengaluru tech expert reveals his salary and high tax deductions while working in Japan, highlighting the financial scenario faced by Indian professionals abroad.
A Bengaluru-based technical expert working in Japan recently shared his salary and tax obligations, shedding light on the financial conditions of Indian professionals in the country. In a viral video, he explained that while salaries in Japan are appealing, the high tax rate—around 300,000 INR—significantly impacts take-home pay. This revelation comes from a conversation the content creator, Doylesh, had with Indian software engineers living in Japan, emphasizing the nuances of working abroad.
The video indicates that many individuals aspire to move abroad for better opportunities. However, the experiences shared by two software professionals from Bengaluru suggest that salaries, which might start at approximately 3 million yen (around 1.7 million INR), are accompanied by substantial conditions, particularly in terms of tax liabilities. This raises questions about the real value of such salaries when high taxes are taken into consideration, prompting potential expatriates to weigh their options carefully.
Doylesh's interactions in the video not only highlight the financial challenges but also touch upon the living conditions and professional expectations for Indians working as tech professionals in Japan. It urges viewers to consider the broader implications of pursuing work in foreign markets, where lucrative salaries can come with equally daunting responsibilities, such as heavy taxation and a potentially high cost of living.