SALARY vs SAVINGS in Germany in 2024 🇩🇪 | Current job market in Germany

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Kaustav - Indian in Germany

Kaustav - Indian in Germany

Күн бұрын

Пікірлер: 624
@bongingermany
@bongingermany 6 ай бұрын
Hello viewers! Thanks for dropping by on my video. I hope this video helps you in your decision making and abroad journey. Make sure to subscribe to my channel if this video was useful and share it with all the new aspirants and job seekers. To connect with me personally, check the video description.
@kartikvinayak1814
@kartikvinayak1814 5 ай бұрын
What about travel expenses car petrol
@gji2797
@gji2797 5 ай бұрын
Finally a youtuber giving a neutral and rational point about Germany. Neither glorifying nor defaming Germany like rest other Indian KZbinrs.
@bongingermany
@bongingermany 5 ай бұрын
Thanks. Yeah I try to give the facts.
@aw869
@aw869 4 ай бұрын
like shilpa ...sundar sundar kr kr k germany m recssion agya
@995322578
@995322578 3 ай бұрын
Well explained bro... ❤❤
@KIA36900
@KIA36900 14 күн бұрын
I understood in his first 10 secs of video
@reshmadalvi7417
@reshmadalvi7417 9 күн бұрын
Its very informativeand helpful...giving insightful...thank you
@pallavkan
@pallavkan 5 ай бұрын
People looking for IT jobs people work on German skills as well. Secondly, if your priority is quality of life over money then move to Europe else if saving is your goal then India. I moved to Berlin while working in Accenture India with 34.5 L per annum as a DevOps Architect.. here in Germany, starting package will be 60-75k.. tax 43-45% .. Approx cost of living for 2 people.. 1 bhk with parking 1650€ grocery 300€ per month.. Restaurant per week 100€ Cost of clubbing and random shopping per weekend 100 € … gym per month 90€ Rest upto you if you have a car mortgage or other insurance.. Hope this is helpful.
@sajeed17048
@sajeed17048 5 ай бұрын
how much is your saving?
@shivkumarb150
@shivkumarb150 5 ай бұрын
I am able to save € 2500 per month. My mantra was to shift away from big cities like Munich. I moved to a very very small village. My rent went from 1200 to 800 and food came down to €250. I got bigger home than Munich, now my family can join me. So finally, move away from cities, travel to cities on weekends & you will easily save 2000 - 2200 per month.
@peak_911
@peak_911 5 ай бұрын
@@shivkumarb150 not everyone has remote jobs
@shivkumarb150
@shivkumarb150 5 ай бұрын
@@peak_911 I travel weekly thrice to office. I ensure that I live near S-Bahn stations to get the RE / RB trains to Munich. Yes, I spend 40 mins one way to office, but the savings take me closer to my financial goal one month after another, hence making travel back to India easier
@traveloittemallu
@traveloittemallu 4 ай бұрын
@@shivkumarb150 the job search visa is a good option? considering the software developer jobs
@dpavankumar4881
@dpavankumar4881 5 ай бұрын
Actual video starts at 2:35
@Lobsterkings
@Lobsterkings 3 ай бұрын
Thnks good to me I will not be able to get it to you tomorrow morning to me and u think I'm going to duty and I will not be able to get it to you tomorrow morning to me and u think I'm going to duty and I will not be able to get it to you tomorrow morning to me and u think I'm going to duty and I will not be able to get it to you tomorrow morning to me and u think
@MrAki28820
@MrAki28820 Ай бұрын
Disclaimer was very important
@raaghuchandru7733
@raaghuchandru7733 4 ай бұрын
Additional things missed out: Insurances, If you buy a car (Maintenance of the car), I hope everyone wants to travel to India once in a year or two at-least, so add the flight tickets. High electricity bills currently and also the increased internet/Mobile costs. Things just keep on adding up !
@bongingermany
@bongingermany 4 ай бұрын
True
@Why-D
@Why-D 5 ай бұрын
The basis a student without a job needs for a year in Germany is about 11.000,-€. And depending on the region (especially the rent) and how you want to live will add up. But on some websides (something with "Netto-Lohn' or 'Brutto-Netto') it is very easy, to calculate the net salary out of the gross salary.
@bongingermany
@bongingermany 5 ай бұрын
Yes
@Mindlyt
@Mindlyt 2 ай бұрын
I have 15+ years experience in Germany coming from India, now a german citizen living in a small german town with rent < 700€. My salary is 120k€+ in a big city nearby where I travel to twice every month. I save around 3.5 - 4k per month as a single person with a car. How much you can save totally depends on your skills, situation and choices.
@bongingermany
@bongingermany 2 ай бұрын
The last statement is basically what I tell everyone. Very true. But my video is for the general mass. Your salary, experience and accommodation/ workplace setting is not what everyone gets in general.
@Mindlyt
@Mindlyt 2 ай бұрын
@@bongingermany Agree, nothing against the video. That's why I said it totally depends on your skills (how much german you are willing to learn), situation (if you have family and kids) and choices (choosing expensive apartment in a big city close to workplace as you may need to travel more often). With time and experience it will become much more easier to save more.
@warlord5488
@warlord5488 2 ай бұрын
what do you do to make 120k Euros?
@prashantaarya6446
@prashantaarya6446 14 күн бұрын
I am working in a German compny in india as a GENAI Developer, i have 1 year experience i want to move Germany can you guide me
@vivifygarments1115
@vivifygarments1115 12 күн бұрын
True sir I agree with your words . After family we can know about our situation based on our skills. Brother you're also correct but in bachelor we cannot judge.This video is very very useful.thanks brother and @mindlyt comments sir
@Datenentwickler
@Datenentwickler 5 ай бұрын
I completely agree with Kaustav is saying. I lived in Germany for 2 years, Austria for 1 year, Finally going back to India to save amount what amount what I am doing in EU. I have near to 10 years exp in Data field. My observations are as below, 1) Germany, Austria dont pay on the basis of Experience :-) It's just wrt job position. Hence, 3years =10years=15years=Same salary for the position 2) Salary ∝ (Language+Are you EU citizen!) 3) In India I can hike salary 3 times in 3 years by changing company. But, here TRUST is main factor. This place is not for JOB HOPPERS! 4) I came to EU to earn XXX money in 4-5 years and go back to India. But, I was wrong. This place is for only counting money! This is for Enjoy holidays, Work limited-efficient, Get settle here! Quote - You can choose to be with your family or focus on making money, but you can't have both at the same time. I have chosen family with decent money! 🙂
@bongingermany
@bongingermany 5 ай бұрын
Thanks for that validation comment
@prashantyadav-eg2iw
@prashantyadav-eg2iw 3 ай бұрын
What if husband nd wife both are working. Does it make sense to live in Germany then?
@bongingermany
@bongingermany 3 ай бұрын
@@prashantyadav-eg2iw yes. It helps actually in terms of finance
@ankitlohani3527
@ankitlohani3527 3 ай бұрын
@@bongingermany Hello Dada, I am looking for opportunity in Germany , i am 9 Year experience in IT and want to explore Europe.Can you please guide me
@pankajtanotra
@pankajtanotra 4 ай бұрын
He forgot : Insurances, Internet, Car related costs: my calculation (Munich, Stuttgart) 1400 rent with utilities, 500 food, 400 car related cost, 300 insurances, 100 phone internet bills, 300 other: that is 2900 - 3000 euro per month. If your salary is 72000 euro (6000 gross salary per month ) you get 3600 in hand so you save just 800 - 1000 euro per month
@pankajtanotra
@pankajtanotra 4 ай бұрын
That too when you lucky enough to get a good paying job and cheap accommodation
@bongingermany
@bongingermany 4 ай бұрын
I did not forget anything. You should watch the complete video where I have mentioned a miscellaneous amount and also said that this is a standard expense calculation. Everybody does not own a car, internet is included in many apartment rent, and apart from medical insurance other insurances are completely personal choice. So you cannot consider these expenses to be part of an average person’s expense.
@Lakwmita
@Lakwmita 2 ай бұрын
Yes but I think sometimes peopleo who live in 1 world dont understand the privileges they have and because they live in a buble are just complaining
@KIA36900
@KIA36900 14 күн бұрын
I think u mentioned all that for ur family as well
@dfoer
@dfoer 4 ай бұрын
I wonder if it's safe to say it's in general a bad idea to come to a country with a big social and public sector like Germany, with plans to make savings in a short period of time, right? The concept of countries like Germany is that you don't need to save fortunes for your own future as you could potentially benefit from the social achievements. A better concept would be to come and stay, to not only pay the high contributions, but also benefit from it. There are a lot of great countries in the world, but if it comes to raising children and having a secure life with your family, European countries are absolutely on top.
@bongingermany
@bongingermany 4 ай бұрын
Wonderfully portrayed the actual reason behind staying in Germany. Thanks for your comment
@shubhamshetye8202
@shubhamshetye8202 6 ай бұрын
You are correct, taxes are the major junk eating your pockets also the inflation is increasing year on year. I think if you want better standard of living move to Europe. If you want to earn better go to US ( high salaries + high standard of living )
@bongingermany
@bongingermany 6 ай бұрын
Right. But one stark difference is that in the US , the “hire and fire” concept is prevalent and extremely dangerous
@VikashSingh-jk2ky
@VikashSingh-jk2ky 6 ай бұрын
​@@bongingermanyespecially the Fire and Fire. You know what I mean. Germany is comparatively safe.
@shoorveer1243
@shoorveer1243 6 ай бұрын
​@@bongingermany Literally money is not above our life. We know whats happening in USA. Mass shooting is major problem in USA and mostly criminals targeting Indian immigrants.
@srivastav3684
@srivastav3684 6 ай бұрын
@@VikashSingh-jk2ky who said germany is safe? It's not safe anymore. Even experience people are losing their jobs
@crispkiller1157
@crispkiller1157 5 ай бұрын
​@@srivastav3684 after you get fired you get Unemployment Insurance in Germany until you find a new job..?? Do you get that in USA.??
@AdH-vk9dt
@AdH-vk9dt 5 ай бұрын
In Berlin or Munich, if you want to live in a 3 room apartment (70 sqm), the rent, including bills, would be easily on average 1800 euros. So even with big salaries in big cities, you won't be able to save much. Also, 75K salaries would be with at least 2 years experience and in mostly IT sector. a fresher usually starts with 45k to 55K in most cases.
@dovahkin97
@dovahkin97 5 ай бұрын
Very true
@adityapandhare2493
@adityapandhare2493 5 ай бұрын
I got an offer of 80000 k for Munich and currently my package is around 10 lakh annum should I go forward with this offer considering saving perspective in mind
@AdH-vk9dt
@AdH-vk9dt 5 ай бұрын
@@adityapandhare2493 do you have a family with kids?
@dovahkin97
@dovahkin97 5 ай бұрын
@@adityapandhare2493 You went from 10 LPA to 80k €? Which field and role are you in if uou don’t mind me asking?
@durairaj3251
@durairaj3251 4 ай бұрын
​@@adityapandhare2493can u brief about your role.
@moatazmattar4714
@moatazmattar4714 6 ай бұрын
Thank you for honesty and the information. Much love from Egypt 🇪🇬
@bongingermany
@bongingermany 6 ай бұрын
You’re welcome. Thanks for your comment
@bash662
@bash662 5 ай бұрын
You are Right. I hv done the calculations also same percentage with 55000 as living in small city in Germany.
@bongingermany
@bongingermany 5 ай бұрын
Yeah the percentage/ proportion will be similar
@ramsiddesh773
@ramsiddesh773 5 ай бұрын
But if you don't work in Germany for more than 5 yrs you'll get ur pension contributions back which is around 30-40k over the period
@bongingermany
@bongingermany 5 ай бұрын
Right
@khukubala9319
@khukubala9319 4 ай бұрын
anek kichu janlam vlogs ta dekhe ,amar meye bsc it koreche bombay theke ki porle germany te demand ache ,ba data analytic demand ache kina janio ,meye 20 years just bsc it complete korlo
@bongingermany
@bongingermany 4 ай бұрын
Bsc r pore data analytics ba data science porte pare. Ba computer science. Sob kota field ei demand ache.
@ChatMasala
@ChatMasala 5 ай бұрын
If I compare with Germany and Spain , I worked both places , then Spain is much much better friendly people and less expensive .
@thankyouthankyou9253
@thankyouthankyou9253 4 ай бұрын
I think you missed Local transportation cost+ mobile and internet bills+electricity +gas+
@BlockchainRealms
@BlockchainRealms 5 ай бұрын
Even though Kaustav didn't mention owning a car, monthly EMI, or car insurance, especially in Western countries, earning in dollars or euros means you need to spend in dollars or euros as well. So, don't be fooled like some Indians who convert dollars into rupees and think it's a lot of money to pay.
@bongingermany
@bongingermany 5 ай бұрын
Correct
@aidazandner7778
@aidazandner7778 3 ай бұрын
50yrs in Germany 47% s Pension 40yrs Hospital 1200 € now reduce 107 € net. Thanks for sharing God BLESS
@bongingermany
@bongingermany 3 ай бұрын
Good
@ashishk81
@ashishk81 4 ай бұрын
Monthly you can save upto 1 lakh Remember you have to travel at least once in a year to india Which can cost upto 2 lakh including air plane tickets and gift So in short you can bring back 10 lakh rs. I am sure there must be some taxes on these 10 lakh in india😂
@unlearn9977
@unlearn9977 4 ай бұрын
Thank you for spreading awareness.
@bongingermany
@bongingermany 4 ай бұрын
Most welcome. Happy to help
@catchmeatr
@catchmeatr 4 ай бұрын
Finally finally someone disclosedd! I should have listened to this before came to this trap :(
@bongingermany
@bongingermany 4 ай бұрын
Thanks for your comment
@anakingaming3687
@anakingaming3687 4 ай бұрын
After all major expenses you have put 400 euro in misc which is a lot. It is equivalent of saying that in India after 60k spent per month, 20k will be misc. Also saving 1.5-2k euro per month is a lot in rupee terms ~1.5lac. To save the same amount you have to earn more than 2.2-2.5lac in India post taxes which is around 50lac per year, but he number of such jobs are less and mostly in tier one cities where cost of living is very high.
@bongingermany
@bongingermany 4 ай бұрын
👍🏼
@reiddsouza4867
@reiddsouza4867 4 ай бұрын
Thank you so much for enlightening. People don't know the reality and think it's all rosy after going there. Much appreciated. Pls continue posting more such videos. Subscribed.
@bongingermany
@bongingermany 4 ай бұрын
Thanks.
@MomentswithSiVi
@MomentswithSiVi 3 ай бұрын
Super bro, you have done good job. I agree many channels are providing just gross and saying u can this much. But no one says there are this many dedcutions and taxes literally
@bongingermany
@bongingermany 3 ай бұрын
Glad it helps
@kawan5851
@kawan5851 4 ай бұрын
inflation is increasing in Germany and salaries are infact decreasing. So many Indians, Bangladeshis, Pakistanis and people from poorer countries are coming on Opportunity visa, job seeking visa and as students. Now market is flooded with candidates and companies have the upper hand. Many companies are offering 40 K or even less as the starting salary (even in the IT domain).
@bongingermany
@bongingermany 4 ай бұрын
Exactly 👍🏼
@VIKASH-xb2eh
@VIKASH-xb2eh 4 ай бұрын
I love the way you are explaining things.
@bongingermany
@bongingermany 4 ай бұрын
Thanks Vikash
@Ravi_Kumar_Garg
@Ravi_Kumar_Garg 8 күн бұрын
These saving tips are so practical and helpful for managing expenses in Germany! It's not always easy to stay on top of finances, but these strategies make it much more manageable. It will be useful for many people who are struggling to save money abroad.
@debugloop
@debugloop 5 ай бұрын
I'm coming to berlin in august on a opportunity card, 1. how tough is to find jobs in IT ? 2. how tough is to learn german in 6 months ? 3. are companies easy on foreigners or are they like we'll not take the hassle of hiring you, we'll hire only germans.
@kumarmh7098
@kumarmh7098 4 ай бұрын
What is opportunity card how to get it
@sidkan9251
@sidkan9251 5 ай бұрын
deduction: 30000 euro accomodation: 14000 euro travel shopping: 4000 euro groceries: 3500 euro misc : 3500 euro ----------------------------- total: 55000 euro
@bongingermany
@bongingermany 5 ай бұрын
Correct
@naimarshad
@naimarshad 4 ай бұрын
Very well explained. Keep up the informative work.
@bongingermany
@bongingermany 4 ай бұрын
Thanks
@zainulabideen5587
@zainulabideen5587 5 ай бұрын
Thanks for sharing good insights, highly appreciated.
@bongingermany
@bongingermany 5 ай бұрын
Glad you liked it. 👍🏼
@Sumit.krishna99
@Sumit.krishna99 5 ай бұрын
What is the scope after completing B. Pharm if one pursues a healthcare-related master's?
@satyabratamohanty-m4z
@satyabratamohanty-m4z 4 ай бұрын
Highly Appreciated
@bongingermany
@bongingermany 4 ай бұрын
Thanks for your comment
@malk7730
@malk7730 Ай бұрын
Hi Kaustuv, thank you for the video. If i have a masters, and 4 years of experience, whats the salary i should ask for a manager post? Thanks in advance...
@bongingermany
@bongingermany Ай бұрын
Hi, my name is Kaustav. 🙂 If you have an experience of just 4 years, I don’t think you will be eligible for a managerial position in Germany. If you do, I think a salary range of 65-70 k would be what you can expect
@malk7730
@malk7730 Ай бұрын
@bongingermany oh I'm so sorry Kaustav. Thank you. The position advertised is for a manager and asks for a minimum of 4 years of experience... my line is also quite different... it's corporate social responsibility
@a.d.it.y.a
@a.d.it.y.a 6 ай бұрын
How difficult is it to move to Germany from Slovakia?? I have my work permit for a year in slovakia. Please respond
@bongingermany
@bongingermany 6 ай бұрын
It is part of the European Union. But do you have a Blue Card in Slovakia? If yes, then you can easily move. Otherwise the process is pretty much same, you have to get a job in germany and then move.
@dubkaxaaji9698
@dubkaxaaji9698 6 ай бұрын
You can move to England given Slovakia lost to England. I hope that will help
@jaimurugan4607
@jaimurugan4607 5 ай бұрын
A good raw informational video!! Make a video of current job market in IT sector and discuss about the future job markets by at present situation please.:)
@bongingermany
@bongingermany 5 ай бұрын
Thanks. Yeah I will do that soon
@RaviMaurya-zz2re
@RaviMaurya-zz2re 5 ай бұрын
What are your thoughts on Ausbildung courses in Germany ( Nursing Ausbildung ) ? how much can I save ?
@ankitjaglan4239
@ankitjaglan4239 5 ай бұрын
Starting salary of Krankenpfleger or nurse in germany is 2600 euro and after tax in hand salary is 1800 . 600 - 700would be the expense if you live in small city or town - that is rent = 250-300 ,groceries = 100-150, transport = 50,phone= 15-20 , health insurance = 120 . During Ausbildung in nursing you will get 1100 euro per month in first year. And this is the minimum expenses. I also want to do Ausbildung in nursing and currently doing b1 .
@bongingermany
@bongingermany 5 ай бұрын
perfect answer
@sukhmanpreetsingh3721
@sukhmanpreetsingh3721 4 күн бұрын
Can I do nursing with non med background ​@@ankitjaglan4239
@srinivaskumar3803
@srinivaskumar3803 5 ай бұрын
Well with similiar salaries i saved 2x more than 18k in Berlin! I think there is also tax returns which is significant and depends on how lavishly you want to spend, if you live in a place of 1200 euros you are mostly a couple and then both can work , else you can definitely find cheaper places. Regards groceries and food you can definitely get it lesser than 250.. so again more depends on person to person.
@bongingermany
@bongingermany 5 ай бұрын
Your statement might be true, but depends on when you stayed in Berlin and how much exactly was your salary. Currently, even the smallest apartment in Munich is 1100 EUR minimum. Grocery prices have gone extremely high because of inflation. And as per your statement, you saved 36k out of 75k salary. Which is quite difficult to achieve, because deductions will be higher if you are unmarried. Close to 40 percent. So out of 45k after tax, you saved 36k, which means you spent less than 1k per month?? In Berlin?
@Gmstar96
@Gmstar96 Ай бұрын
@@bongingermanyhe must be leading a pathetic life
@himanshu_03m
@himanshu_03m 3 ай бұрын
What about Jobs releted to Marketing? I am planning to move Germany. Right now I am running my own marketing agency and also i have experience in Digital Marketing field.
@bongingermany
@bongingermany 3 ай бұрын
For marketing jobs you need German language skills
@goldschmiedejaqueline6339
@goldschmiedejaqueline6339 3 ай бұрын
This is why I left Germany and moved to Switzerland 🇨🇭 🔥In Switzerland the money that I can save equals to the „netto“ salary that I got in Germany 😊
@bongingermany
@bongingermany 3 ай бұрын
Yeah the salary there is very high
@rajnandandesai5660
@rajnandandesai5660 3 ай бұрын
Did u switch jobs? Was the job in IT?
@bongingermany
@bongingermany 3 ай бұрын
@@rajnandandesai5660 yes. I switched to a new job in Berlin
@goldschmiedejaqueline6339
@goldschmiedejaqueline6339 3 ай бұрын
@@rajnandandesai5660 yes I switched. Job was as data engineer
@rajnandandesai5660
@rajnandandesai5660 3 ай бұрын
@@bongingermany what about switching jobs to switzerland? How difficult is it?
@sushmitaghosh1055
@sushmitaghosh1055 6 ай бұрын
Dada ami akhon Btech korchu West Bengal theke , MS korte chai Germany theke , ki ki steps ache ekta video baniye debe ??
@bongingermany
@bongingermany 6 ай бұрын
Han ota asche khub taratari. Complete roadmap 👍🏼 keep watching
@cowboy-p3c
@cowboy-p3c 5 ай бұрын
Also a fresher or newly minted masters student usually starts between 55-60k which is much lower. Unless you have really great skills or change jobs after 2 years you reach 70k. Reaching north of 80k is like getting salary of 1 crore in india. Very few people get it
@bongingermany
@bongingermany 5 ай бұрын
First part agreed. Second part not so true. Most experienced software engineers in big cities earn 80-85k easily. Even 90-95k is common for software engineers with 8-9 years experience in Berlin or Munich
@cowboy-p3c
@cowboy-p3c 5 ай бұрын
@@bongingermany yes in larger cities this number is more. In more lesser tier 1 cities or tier 2 cities it may be less
@tampabay554
@tampabay554 6 ай бұрын
How is the current job market there? Have heard that inflation is on the rise and the economy is shrinking because of recession. Request you to kindly do a video on this topic. 🙏
@bongingermany
@bongingermany 6 ай бұрын
Yeah making a video soon on that topic. Really important and vital for incoming candidates. The market is not so good, and yes recession is still on. But the current situation is much better than what it was in 2023
@tampabay554
@tampabay554 6 ай бұрын
@@bongingermany Sure, thanks for your reply
@worldpeace7725
@worldpeace7725 4 ай бұрын
What does saving actually mean? Some people are actually living frugally and saying it saving.
@Gmstar96
@Gmstar96 Ай бұрын
That’s exactly the point!
@balajim5041
@balajim5041 5 ай бұрын
Hi , Good one.. my thought is that you could have talked about kindergeld and other such benefits on high level...
@Akshaaya__kv
@Akshaaya__kv 3 ай бұрын
Brother what about doing ausbildung nursing in Germany is that a good option. I have 90 percentage in plus two and just passed this year. Is ausbildung nursing is good option . Please tell me an honest review. 🙃
@bongingermany
@bongingermany 3 ай бұрын
Yes anything related to medical field is good. But you might need German language skills
@Akshaaya__kv
@Akshaaya__kv 3 ай бұрын
@@bongingermany can i earn good money
@bongingermany
@bongingermany 3 ай бұрын
@@Akshaaya__kv if you get a good job in that field then yes
@hiteshnalamwar2722
@hiteshnalamwar2722 2 ай бұрын
Great video! The numbers are realistic. Thank you for the clarification and for guiding others.
@bongingermany
@bongingermany 2 ай бұрын
Glad it helps
@minorikushieda2733
@minorikushieda2733 4 ай бұрын
70-75k is not a small number, some rookie engineer position can’t even exceed the requirements of Applying EU Blue-cards. Bro I really think you are so good that you can find jobs in this harsh market. My friendscompletes his bachelor and master both in Cambridge, go to Mclaren. Considering his wage and perfect background, German became good!
@bongingermany
@bongingermany 4 ай бұрын
Yes the current market is extremely difficult
@vivekvinod6334
@vivekvinod6334 6 ай бұрын
One doubt... We are paying this much tax around 40 or something. Is there any situation or time when we can ask for tax return to us (not complete tax , a portion may be )...?
@bongingermany
@bongingermany 6 ай бұрын
40 percent is not completely tax. It contains many components. One is the pension contribution. Which can be withdrawn completely if you leave Germany before five years. After that, you will get it during retirement. Another component is the unemployment contribution, which you only get if you are laid off by the employer. Rest components are medical insurance and tax, which you cannot get back in cash, but you get back in kind. Some of the tax can be got back as tax return.
@meetimian3383
@meetimian3383 5 ай бұрын
@@bongingermany do we get unemployment benefits if we don't have German PR or citizenship ??
@bongingermany
@bongingermany 5 ай бұрын
@@meetimian3383 yes. Anybody who has paid 12 months of unemployment contributions is eligible for the benefits
@jbhuti6
@jbhuti6 5 ай бұрын
But still if invest the money back in india like stock and SIPs it could give you a great returns. Well im not sure on this. May hope we could get good returns.
@bongingermany
@bongingermany 4 ай бұрын
Yes it does. But then that is also taxable in Germany 😀
@riderchallenge4250
@riderchallenge4250 Ай бұрын
What about freshers who just completed their MS in CS in Germany? How much will they get how much the rent money will be saved if we are living with 2 other students?
@bongingermany
@bongingermany Ай бұрын
Freshers get somewhere around 45-60k depending on location, company etc. if you live in shared apartments, you can have low rent like 400-500 starting
@soumendas578
@soumendas578 2 ай бұрын
You are telling about High profile professionals living in germany.. but maximum number of immigrants earns 36-40k euro per annum. They also savings money.
@305anjaneyulu7
@305anjaneyulu7 11 күн бұрын
Hi bro, I have 3 years experience in automobile industry in India, do I get job in Germany directly from India,
@bongingermany
@bongingermany 11 күн бұрын
Yes you can. But in general companies prefer candidates who are already here. That is for all industries
@AfreedS-zt5pw
@AfreedS-zt5pw 4 ай бұрын
Bro i am currently at 3rd year pf my btech i am searching for a video of masters in german and the interview type and how many rounds they conduct to hore please upload a video for this bro
@Bishnoiji129-k8x
@Bishnoiji129-k8x 6 ай бұрын
Bro. You are a gentleman .
@bongingermany
@bongingermany 6 ай бұрын
Thanks
@everythingfrommyworld
@everythingfrommyworld 4 ай бұрын
There is a v good saying in german for germany: “Wer kein Geld hat, wandert ein und wer Geld hat, wandert hier aus“
@bharathanvenkatesan1731
@bharathanvenkatesan1731 4 ай бұрын
If 40% tax is slabbed at 75K then the annual CTC comes to 40K Euros right ? then our expenses is exceeding this amount. Can anyone correct me ?
@bongingermany
@bongingermany 4 ай бұрын
40% of 75k is 30k. How does it come to 40k? It comes to 45k after deductions. Also, how is it exceeding 45k ?
@moujoardar24
@moujoardar24 4 ай бұрын
Searching study in Germany from last 9 years .At last an Indian Bengali blogger❤❤❤
@bongingermany
@bongingermany 4 ай бұрын
🙂🙂
@soumendas578
@soumendas578 2 ай бұрын
@@moujoardar24 so sad 😭
@Lazy_marmot
@Lazy_marmot 6 ай бұрын
porer mas e germany shift korbo, ei video ta onek help korlo
@bongingermany
@bongingermany 6 ай бұрын
🙂 all the best 👍🏼
@nandaks9624
@nandaks9624 11 күн бұрын
Simple and informative
@bongingermany
@bongingermany 10 күн бұрын
Glad you think so!
@derangulajyothi3062
@derangulajyothi3062 Ай бұрын
I have 5 years of experience in finance sector could you tell me I they take my experience into consideration and will get the based on experience from India or else do we have to start from starting level like associate financial analyst and is it mandatory to show pof even after having job in hand ??
@bongingermany
@bongingermany Ай бұрын
Depends from company to company. Some do not consider experience outside Germany at all. Some will consider it as 1-2 yrs instead of 5 yrs
@derangulajyothi3062
@derangulajyothi3062 Ай бұрын
@@bongingermany thank you for insights😊
@LaxmanChhetri-k6x
@LaxmanChhetri-k6x 4 ай бұрын
If we are thinking of coming to Germany, what are the skills we should learn or know to get a job earlier ..
@bongingermany
@bongingermany 4 ай бұрын
First priority should be German language. Second, obviously, your jobs skills.
@LaxmanChhetri-k6x
@LaxmanChhetri-k6x 4 ай бұрын
@@bongingermany does a2 will be enough for applying for study visa
@PrajwalV-j2q
@PrajwalV-j2q Ай бұрын
Hello sir, just know i subscribed ur channel . U said 40% of tax is there but there is any use for us and that tax amount will be refunded or wt plz reply me
@bongingermany
@bongingermany Ай бұрын
Thanks for subscribing. 40% is deductions, including tax and other things. Tax returns are also possible partially at the end of financial year. Some other deductions included in that 40% is pension contributions, unemployment contributions, medical insurance. Only pension contributions is refunded after you retire or if you leave Germany within 5 years
@tapasghosh28
@tapasghosh28 22 күн бұрын
Nice video with great information.
@bongingermany
@bongingermany 19 күн бұрын
Thanks
@PujaPatkar-s7v
@PujaPatkar-s7v 4 ай бұрын
For a bachelor living in Berlin, the rent for one room (single person stay) is 450 - 500 dollars.
@bongingermany
@bongingermany 3 ай бұрын
Yes, but that is for a shared apartment. Some people prefer to stay in a studio or private apartment
@taimoorchohan999
@taimoorchohan999 2 ай бұрын
If someone is living in shared appartment then what's the price?? Can anyone tell
@bongingermany
@bongingermany 2 ай бұрын
Depends on city and size and amenities of the apartment. Can be anywhere between 500-1000 euros or more
@vemurilakshmikanth7975
@vemurilakshmikanth7975 4 ай бұрын
Hi bro , I recently attended Chancenkarte visa interview at the Germany embassy in Chennai. After the interview, they took my passport and address and mentioned they would send it by courier. Could you please share what I can expect from this? Is this typically a sign of visa approval or rejection?
@bongingermany
@bongingermany 4 ай бұрын
Yes that is the process in general. Approval or rejection will be decided later by the embassy / consulate and you can expect to receive your passport in 2 weeks
@RavanammaChinnapureddy
@RavanammaChinnapureddy 2 ай бұрын
Hello bro, can you please help me to prepare for chancenkarte visa
@abhisince1994
@abhisince1994 27 күн бұрын
How can someone with 8+ year experience apply for jobs in germany in IT sector be it software developer or devops specialist. Or only student's with masters degree are eligible for job.
@bongingermany
@bongingermany 27 күн бұрын
no, it's not that only masters' degree holders are eligible. Experienced candidates are also eligible and can apply, but the current job market is really difficult. Also, most employers look for German language proficiency, even in software jobs.
@deepdeep8025
@deepdeep8025 Ай бұрын
Hi bhai Actually My ielts will expire on 19th November but incase if I get an appointment after 19th November will I face any issue in visa? But i got my admission letter from the university
@bongingermany
@bongingermany Ай бұрын
You should not face an issue, since you have admission letter. But just to be on the safe side, keep a backup proof of language proficiency such as school education in English or college education in English
@deeptv4404
@deeptv4404 4 ай бұрын
Bro I can't find any video on about freelance jobs like photographer videographer editing, such as wedding or any events photography videography works, and how can foreigners do and earn on such works, please make a video on that
@tirthadhar826
@tirthadhar826 3 ай бұрын
Hello Dada, I tried to connect with you on Instagram, actually i need some guidance regarding the German Language Visa. Can you please help me with that?
@bongingermany
@bongingermany 3 ай бұрын
I guess we have spoken already
@vazeemagram3668
@vazeemagram3668 6 күн бұрын
Thank you brother
@surajsinghkamboj7349
@surajsinghkamboj7349 6 ай бұрын
Can you do part time while on post study work visa to sustain yourself?
@bongingermany
@bongingermany 6 ай бұрын
Yes. Post study you will have a job seeker visa. You can apply to any kind of job during that time. But usually employers will not hire you part time knowing you are not a student anymore. There can be complications.
@surajsinghkamboj7349
@surajsinghkamboj7349 6 ай бұрын
@@bongingermany what if in case a person does not find a job and if he applies for Ausbildung program then and there only?
@bongingermany
@bongingermany 6 ай бұрын
@@surajsinghkamboj7349 that’s also possible, but then your visa type will change again and changing visa types so many times - although possible, creates confusion and consulate may reject or ask for more clarifications.
@surajsinghkamboj7349
@surajsinghkamboj7349 6 ай бұрын
@@bongingermany yeah cool🫂thanks man
@nandavenkat6937
@nandavenkat6937 4 ай бұрын
hi,i am planning to do business administration in germany,cosnidering the facts you laid,im really unsure at this point if i need to pursue bachelors in business ad in germany.What's your say?please do respond.Thank you.
@bongingermany
@bongingermany 4 ай бұрын
You can surely do. But I would suggest start learning German along with that. Your scope would increase a lot
@nandavenkat6937
@nandavenkat6937 4 ай бұрын
@@bongingermany sure,is there a decent job market for business administration? Really concerned about job opportunities after bachelors in business administration in Germany.
@jaylalakiya
@jaylalakiya 6 ай бұрын
good quality life + 1.25L/month savings is definitely not bad
@bongingermany
@bongingermany 6 ай бұрын
absolutely! I completely agree. but keep in mind, I said in the video, 75 is average salary. some get less some get more
@techthugs
@techthugs 6 ай бұрын
1.25L is not worth 1.25L in Germany, the value of that money is lower considering PPP.
@bongingermany
@bongingermany 6 ай бұрын
@@techthugs correct. agree 👍🏼
@anki-11.11
@anki-11.11 3 ай бұрын
​@@techthugsright people just dont get it its not same in Euros
@mdsharique16
@mdsharique16 Ай бұрын
​@@techthugsPPP in savings? As he calc all his expenses, deductions, misc, and others which typically defines the PPP that he stated. Afterall the 1.25L is a savings which one would probably sending this to home country or saving in a bank acc. Using purchasing power parity in savings doesn't makes sense. And yeah, straight after graduation, saving 1.25L/m is not usual in india. (Near to impossible).
@BikashBudhathoki-b1w
@BikashBudhathoki-b1w 5 ай бұрын
please make Video on IT related study to job process and which IT job is demanding and what might be the future scenario of these jobs. please I request you
@bongingermany
@bongingermany 5 ай бұрын
Sure I will plan something
@sudiptopaul-kw8qr
@sudiptopaul-kw8qr 4 ай бұрын
How is the job market situation at present in Germany.? Can you also please share how to apply for jobs directly from India.
@bongingermany
@bongingermany 4 ай бұрын
Job market is extremely competitive. Landing a job from India is specifically more difficult for a couple of reasons. I am making a detailed video soon. Keep an eye on my channel, coz it’s difficult to write everything.
@sudiptopaul-kw8qr
@sudiptopaul-kw8qr 4 ай бұрын
@@bongingermany Hi, thanks for the information. Even in India also job market is not at all good. But I think in Europe situation is comparatively better. Please correct me if am wrong.
@bongingermany
@bongingermany 4 ай бұрын
@@sudiptopaul-kw8qr no Europe is not any better. In fact it is much more difficult. Because most jobs require you to know German and staying in a foreign country has separate challenges.
@sudiptopaul-kw8qr
@sudiptopaul-kw8qr 4 ай бұрын
@@bongingermany so means you are saying that in entire Europe whichever country we search for jobs we have to learn that language, right? Not just limited only to Germany.
@bongingermany
@bongingermany 4 ай бұрын
@@sudiptopaul-kw8qr correct. But it’s not that you “have to learn” Many English speaking jobs are available, but candidates for that are huge. So, if you know the language, your job search becomes 4-5 times easier.
@aswin15293
@aswin15293 4 ай бұрын
1500EUR itself way too high estimation for monthly savings! 😀between iam also living in germany. 700 to 800 is possible, thats it (considering for couples with one member earnings).
@bongingermany
@bongingermany 4 ай бұрын
Depends on many factors. This estimation is based on 75k salary and without family.
@satyammishra7873
@satyammishra7873 4 ай бұрын
Bhaiya agar mai waha se mba krna chahta hu then how loan process works and wo jo bond money hota hai wo pura 11 lakh ek sath dena pdta hai?? Pls reply
@bongingermany
@bongingermany 4 ай бұрын
You can apply for education loan from Banks and other organizations. And yes, the blocked account must be declared / deposited before applying visa.
@chaitusai7674
@chaitusai7674 4 ай бұрын
Saving 1.5 to 1.7 lac per month is still a good deal though
@arvindsingh-qs9kk
@arvindsingh-qs9kk 3 ай бұрын
clear the interview of any FAANG companies in India with 7 to 8 years experience and your package in India will be more than 1.5 Cr.
@bongingermany
@bongingermany 3 ай бұрын
yes it is definitely.
@bongingermany
@bongingermany 3 ай бұрын
FAANG companies do pay high salaries, but there are two points to be mentioned here - 1) you can earn close to a FAANG salary in Germany even in lesser known companies. 2) FAANG companies are the first ones to layoff in mass during recession.
@arvindsingh-qs9kk
@arvindsingh-qs9kk 3 ай бұрын
@@bongingermany Getting a FAANG level salary in Germany is challenging. Even SAP doesn't offer a 1.5 crore package at the T4 level if you've just joined. They typically pay around 110K Euros as a starting salary at the T4 level, which is an expert level that you reach after a minimum of 12 years of experience. I work at SAP in India and will be joining a FAANG company next month. Regarding job security, you are partially right. Until five years ago, there were no layoffs at SAP, but recently we faced three layoffs. Job security in Germany is generally good due to the works council, but that doesn't mean you're 100% secure. Companies ultimately care about their share price, revenue, and profit. I like the way you're enjoying your life. After a certain point, your monthly paycheck doesn't affect your life much. Keep smiling.
@bongingermany
@bongingermany 3 ай бұрын
@@arvindsingh-qs9kk you didn’t read my comment maybe. My point is not everyone goes to a FAANG company or gets the opportunity in India. The average salary in India is not the same as the average salary in Germany. That’s the difference. And I really didn’t get what you wanted to say in your last statement
@GurrapuSekhar
@GurrapuSekhar 3 ай бұрын
Brother i completed my Btech in mechanical engineering recently. Iam intrested to do job in germeny please suggest me brother
@bongingermany
@bongingermany 3 ай бұрын
You need to have German language skills for a job in that field
@jayakumardiwakaran2347
@jayakumardiwakaran2347 17 күн бұрын
Mobile data monthly- 38€, Electricity for 1 room apt where i only spend the night- 34€, Bus pass - 49€/mtly, cheapest gym(where i go)- 25€…..is all ok…but waiting to see a gastro for 4months is SCHEIẞE(shit)
@shreyanshsharma2206
@shreyanshsharma2206 5 ай бұрын
Hi If a person has pursued Btech in ECE with 9.2 CGPA and has 2 years of exp in IT and wanted to pursue MS in IT/Software Engineering/ Computer Science in Germany will that be possible?
@bongingermany
@bongingermany 5 ай бұрын
Yes possible
@nutronhammernutronhammer
@nutronhammernutronhammer 20 күн бұрын
Including mandatory health insurance it's closer to 60% for singles
@bongingermany
@bongingermany 20 күн бұрын
It’s not 60%. Deductions may reach a max of 40-45 %.
@CodeFull45
@CodeFull45 3 ай бұрын
Sir How to Send money back home ? , if finally we save somewhere around 15000 euros after all the tax deductions ..?
@bongingermany
@bongingermany 3 ай бұрын
You can send it with the different money transfer methods
@AkhilNambiyar
@AkhilNambiyar 5 ай бұрын
Man, I wanted to know about Anerknung recognition . Can you pls help me any how, by letting me know the processes...?!
@taimoorchohan999
@taimoorchohan999 2 ай бұрын
Anybody who has info aboit Ausbildung that after passing B1 goethe exam hiw much time does it takes to get a contract for Ausbilung
@khinglhordrick7680
@khinglhordrick7680 5 ай бұрын
Heyy bro which app did you use to record your video . I like the blurry background. Which app you used ???
@bongingermany
@bongingermany 5 ай бұрын
It’s iPhone camera app
@anjutf6568
@anjutf6568 5 ай бұрын
Hi, I'm coming to Germany to do Masters in Advanced Materials Analysis in TUBAF, Freiberg in this September 2024. Does this course has any job opportunities in Germany? I have 6 years of work experience in India as a Science/ Chemistry teacher.
@bongingermany
@bongingermany 5 ай бұрын
There are many research opportunities in such fields. However try to learn German if possible to increase your chances
@anjutf6568
@anjutf6568 5 ай бұрын
@@bongingermany thanks 🙏🏿
@VikasSonsale-vy4td
@VikasSonsale-vy4td Ай бұрын
For 2 kids and not earning partner, what salary would be sufficient to save some
@bongingermany
@bongingermany Ай бұрын
Atleast 75k-80k or above
@parigyasingh
@parigyasingh 5 ай бұрын
Hi would be great if you share videos on how to find accommodation in Frankfurter Strasse 27, Eschborn
@Omi_43
@Omi_43 4 ай бұрын
Sir german language is how many important?? And you are master in german language ?? And I I’m doing BCA(batchlor of computer applications) then can I work part time in technical industry with perusing master
@bongingermany
@bongingermany 4 ай бұрын
German language is quite important. Not mandatory but increases your chances if you know it. I am a master in science (Information Technology)
@adityatomar9820
@adityatomar9820 4 ай бұрын
Hey kaustav plz answer this. I'm in my final yr of btech cse in india. I have skills in Data Engineering and also analyst. I did some projects and one freelance work. I'm planning to persue masters in Big Data and business analytics either from France ( my cousin lives in Paris so food and house is free) or from Germany bcoz fee is free What will you suggest. I want to be a Dtaa engineer.
@bongingermany
@bongingermany 4 ай бұрын
French universities have tuition fees and German universities are free. But you would need blocked account. Do a financial comparison yourself. Secondly, in terms of jobs and salaries, Germany is far better.
@khadgamagar4282
@khadgamagar4282 19 күн бұрын
Brother is there available for unskilled workers job can move in Germany?
@bongingermany
@bongingermany 17 күн бұрын
yes there is. but German language may be required in such jobs
@WhatsWrongWithNikhil
@WhatsWrongWithNikhil 4 ай бұрын
Hey Kaustav, Can I bring my parents to germany if I have blue card?
@bongingermany
@bongingermany 4 ай бұрын
You mean permanently?
@WhatsWrongWithNikhil
@WhatsWrongWithNikhil 4 ай бұрын
@@bongingermany Yes
@Merlin__Mathew
@Merlin__Mathew 5 ай бұрын
Hi , What is the job market if cyber security or quality assurance, software testing in Germany. And what is the expected amount of salary.
@bongingermany
@bongingermany 5 ай бұрын
Depends on city, company, years of experience, job role, etc
@Merlin__Mathew
@Merlin__Mathew 5 ай бұрын
@@bongingermany for hamburg ?
@bongingermany
@bongingermany 5 ай бұрын
@@Merlin__Mathew as I said there are many factors. Most importantly, which company is hiring you and what is your experience level. On an average, for freshers it’s 55-60 and goes on increasing based on experience and company level.
@rifshanafra6621
@rifshanafra6621 6 ай бұрын
Hello bro If a person who comes in working visa, if he wants to take his family there. What should be the salary range. Is there any estimated limit?
@bongingermany
@bongingermany 6 ай бұрын
It’s better to have a salary of atleast 70k per annum. Because you need to live here, pay double health insurance, living costs, eating costs, take a bigger apartment. Personally I think atleast 70k
@crazydrifter13
@crazydrifter13 6 ай бұрын
Lagerhelfer, productionsmitarbeter etc mein bhi khub apply kar lia no success till now 😢 I've planned to move to Germany for work and can speak & understand German (German channels like ARD, WDR, BR24 etc at 1.5x too). I didn't imagine it would be so hard getting a job directly from India. Kept hearing about Fachkräftemangel etc but right now it seems like hiring is very very slow or non existent for juniors. My uni degree (Anabin recognised) is in CS but the tech slowdown is hitting hard for juniors so no luck there too... If anyone knows (legal) way to move to Germany for work pls advice 😢
@VikashSingh-jk2ky
@VikashSingh-jk2ky 6 ай бұрын
The best way is always the student visa. However, as said in the video, the job market is tough here. So, please consider your all options before moving here.
@bongingermany
@bongingermany 6 ай бұрын
Getting a job directly has become hard because of the extremely high competition and less number of job openings. Will make a detailed video on this very soon
@crazydrifter13
@crazydrifter13 6 ай бұрын
@@VikashSingh-jk2ky got it. Thanks.
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