Then again, given the right mix of COL and wages, that might be tolerable, especially in a situation where something makes me willing to follow through on that plan.
Then again, given the right mix of COL and wages, that might be tolerable, especially in a situation where something makes me willing to follow through on that plan.
Also, charitable donations, which includes working for charities for free, as well as voluntary work, are tax deductible for the "tax entity", which if you are married you can choose to be your marriage.
So depending on what your partner does, and likes to do, if you are in a very high paying job, it might make more economic sense for your partner to "work for free" donating their work to a charity.
This essentially would mean that you get 100% of your income, free of taxes.
Example A: your salary 200k, your partner salary 50k. Combined taxes: 250k * 0.45 = 112k. Earnings: 250 - taxes = 138k.
Example B: your salary 200k, your partner exercises a 50k job for a charity for free. Taxes: 200*0.45/2 - 50k = -10k = 0k. Earnings 200k > 138k.
I'm not suggesting that your partner shouldn't work, only mentioning that if you are moving to Germany for a high-paying job, that is just one part of the equation. IANAL, nor a tax advisor, so I'd recommend you explore the options and evaluate the package "as a whole".
For a lot of people, being able to work for a charity for free for a couple of years can be much more rewarding than a 8-5 office job at a FAANG.