First, I would like to thank you for this great forum. I am thinking about moving to London and I have found here tons of useful information.
I am an expat living currently in Hong Kong. My salary is not that high (3000£/month) but it is enough to have a quite good situation here. I live 15mn walk from my office in Causeway Bay Hong Kong Island (550 sq/f semi-furnished apt rent+elec+water+internet = 1045£).
Income taxes = 17% but my company offers a shield that reduces my rent from my taxable income. So in the end I won't pay more than 14%.
Company provides free health insurance and doubles retirement plan savings.
I spend around 250£/month for food eating at restaurant every day! And 300£ for hangouts.
I pay less than 70£/month in transportations (even with taking taxi when I am late or to come back late after going out)
Mobile with unlimited 3G 50£/month
So in the end, I can still save money, go out quite a lot etc...
Problem is... My company decided to transfer our HQ to London and they are asking me to move there. This means a better position and a slightly better salary (I have to negotiate it). But when I check this thread: http://www.city-data.com/forum/13988776-post6.html
I feel like I would have to ask for a big salary boost...
The office is near Chelsea Manor Street. So, I already know that I won't be eating in restaurant that often anymore and I may have to live a bit far from the office but what salary would suffice to keep a life close to the one I have here in HK and save a bit money?