I have an offer from an IT company based in Johannesburg, to relocate to Johannesburg. I am being offered a salary of R56K before tax + fully furnished accommodation + car + all utility expenses + insurance .
Could some one tell if this is a good offer and worth considering relocation to SA, with my spouse. I currently live in India.
My expenses mostly would be personal effects + petrol and entertainment. I am vegetarian and a teetotaler.
I will be coming on a ICT visa sponsored by my company with all expenses paid holiday every year for 2 weeks.
If I finally relocate which would be the place to live in J'burg ? My office is located in Sandton and company may provide accommodation in areas like Sandton, Sunninghill , Midrand etc.
An an early response from forum members would be helpful.
Do keep in mind that tax on that salary could be in the region of about 40%, so your take home salary would be significantly reduced. Also, depending on how your salary is structured, you could also be taxed on the use of your vehicle - even though it is a company car and paid for by the company, it's a perk for which you may also be taxed. So would be good to find out from your company how exactly they will be structuring everything.
Will your company also be contributing to health insurance as part of the insurance you mention? Private healthcare can be very expensive in Joburg, so it's good to ensure that you will be fully covered for this - especially if you have kids.
Sounds like a pretty good deal to me. Sandton, Morningside, Sunninghill, Melrose, etc are all good places to live, and are all in fairly close proximity to where you'll be working. Midrand is a bit further out (it's around halfway between Joburg and Pretoria), and isn't particularly to my personal taste, although there are some very nice complexes in the area.
You can have a look at our guide to the Cost of Living in Johannesburg if you want some specifics about how much things cost over there.
Good luck with the move! I lived in Joburg for a few years from around 2013 to 2015, so if you have any more questions feel free to get in touch!
1. I'm not a vegetarian myself so it's difficult for me to comment on that but what I can say is that there's a large variety of culinary options in Joburg so I don't think you would struggle too much to find places with good vegetarian food.
2. It really depends on the individual. If hiring a domestic worker, I'd recommend doing so through an agency.
3. Joburg people have a reputation for being pretty friendly and there are lots of social events going on in the city, so if you make an effort to go out and meet people I'm sure you'll make some friends.
4. This is a bit of a tricky question. I must admit I'm not all that clued up on taxes, and I don't have experience in providing for a family - so on that front, I don't think I have the right perspective to answer this question.
Hope that helps!