A viral video featuring two Bengaluru software engineers working in Japan has sparked debate online. They revealed that a starting salary of 30 lakh yen (around ₹17 lakh) may sound impressive, but high taxes and living costs reduce actual savings.
Bengaluru Techies Expose Cost of Living in Japan
New Delhi: A viral video has become a topic of discussion for those dreaming of earning a hefty salary abroad. An interview with two software engineers from Bengaluru working in Japan is spreading rapidly on social media. The video has sparked a new debate about the truth behind the glitz and glamour of high earnings abroad.
Content creator Dolesh Agarwal spoke with two engineers at an Indian restaurant in Japan. When asked about their starting annual salary, they revealed that a software engineer in Japan typically earns a package of around 3 million yen, equivalent to approximately ₹17 lakh (approximately ₹1.7 million).
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They further explained that with two to three years of experience, this salary can reach ₹4.5 million to ₹5 million (approximately ₹3 million) annually. While this figure sounds attractive, the story doesn't end there.
The engineers explained that out of a salary of ₹1.7 million, approximately ₹3 million is deducted in taxes. In an expensive country like Japan, saving money after paying rent, transportation, food, and other expenses is not easy. They said that living alone can manage, but living with family can be financially challenging.
As soon as the video went viral, netizens were divided. Some said that ₹3 million is considered a large sum in India, but the cost of living in a country like Japan is much higher. Many users also said that work pressure abroad is greater than in India, and work-life balance can be affected by salary.
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One user commented that comparing foreign salaries based on Indian rupees is not correct, but it's important to understand the inflation and tax system there.
This viral video has become a reality check for those who decide to move abroad based solely on high salary figures. Experts believe that before taking a job abroad, it's crucial to properly assess the lifestyle, tax structure, expenses, and savings potential.
