Low Cost Of Living In China. Monthly Budget And Expenses Guangzhou. How Much?

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  • Опубліковано 1 гру 2024

КОМЕНТАРІ • 45

  • @vZammy
    @vZammy День тому +1

    Damn, appreciate how informative this was. You really went deep into the budgets and numbers.

  • @alphaomega1969
    @alphaomega1969 4 місяці тому +12

    Holy shit Holy shit no kidding!, wow!? You guys are living the Chinese dream.😱😇😍😭👍

  • @iTsCrazyFish
    @iTsCrazyFish Місяць тому +1

    Great content. Just subscribed!

  • @justme6275
    @justme6275 4 місяці тому +12

    GZ is a nice place to live - enjoy!

  • @yingxuk
    @yingxuk 4 місяці тому +5

    I paid for 3 bedroom apartment in a real nice community on 28th floor above a mall in Huizhou near to Guangzhou just 1800 RMB. 300 RMB cost for electricity, water, gas, building fee and so on. Mobile internet just 150 RMB monthly and never run out of data. Basically tax, insurance, car and apartment took all together only 35% of my salary.

  • @ericjakob
    @ericjakob Місяць тому +1

    Much appreciated boys. I'm also from Toronto and looks like I'm coming to Guangzhou in July. So just trying to learn about what I'm stepping into.

  • @sallywoon9464
    @sallywoon9464 4 місяці тому +4

    You guys have a good planning, to save money! 👍

  • @Mooi-td6pl
    @Mooi-td6pl 4 місяці тому +5

    🎉Nice tattoos. You are totally right," It's how much you can save." Unknowingly, you are passing on you wisdoms to mankind. Your channel has potential. Keep up with the good work. By the way, will you present an episode about tattoo cultures? Tattoo arts is facinating.

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  4 місяці тому +2

      That's a good idea, thanks. I want to find an English-speaking tattoo artist who works in China first. I could ask them about the culture and talk about my experience with working and social life.

  • @alvino2211
    @alvino2211 4 місяці тому +1

    Good info guys 🤘🏼

  • @ellepatton
    @ellepatton Місяць тому +1

    I thought people couldnt own in China? Please tell me more about this. Do i have to be a permanent resident ot something?

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  Місяць тому

      No foreigners have been able to buy property for years. You just need to do the paperwork through the bank to bring in the large sum of money if you dont already have the deposit in your chinese bank. If you have a good income and pay taxes in China, it's also easy to get a mortgage. The only downside is the house is a lease with a different amount of time depending on the contract you sign. The average house lease is 70 years. After 70 years, you need to pay property tax, but I mean, in Canada, we pay property tax each year. so the lease basically means you are property tax free for that period.

  • @BadenhorstHenk
    @BadenhorstHenk 2 місяці тому +1

    I am also in Guangzhou. Would be nice to make new friends.

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  2 місяці тому

      If you like UFC come to Hooleys OCT 6th from 10:30-12ish will be a handful of people there.

    • @BadenhorstHenk
      @BadenhorstHenk 2 місяці тому

      @@collyslifeadventureinchina I am trying to find a new teaching position. And now with the holidays it makes it a bit harder I guess.

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  2 місяці тому +1

      @@BadenhorstHenk Ya, everything is on hold until next Tuesday when National Week is officially over.

    • @BadenhorstHenk
      @BadenhorstHenk Місяць тому

      @@collyslifeadventureinchina i need to find some agents or people to help. I have not been here very long so a little bit lost

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  Місяць тому +1

      @@BadenhorstHenk , if you come out to UFC Sunday at Hooley's, I'll give you some suggestions. That said, I assume you are from a native-speaking country and have a bachelor's degree and a TEFL to qualify for a work visa. Other than in person check out the video I did about finding a teaching job in china the sites I provide could help but might not mean you stay in Guangzhou.

  • @animatorsparadise1
    @animatorsparadise1 25 днів тому +1

    is 15000 Monthly salary good? I live in Miami and got an offer in Guangzhou, coming as a single adult. I at least know it'll be way cheaper than where I live in Miami, but my goal is save as much money as possible and return to US with some decent savings

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  25 днів тому

      No 15 000 a month is the bottom of the barrel. Even for people with no experience teaching and just a bachelors and TEFL you should be looking for 18 000 - 25 000. If its 15 000 plus bonuses and an apartment, then it could be good to take to get your foot in the door and, after a year, look for a better position. I save 15 000 - 20 000 RMB a month from my salary. Check out the video I did on how to find a job in China to look for more opportunities,

    • @animatorsparadise1
      @animatorsparadise1 25 днів тому

      @@collyslifeadventureinchina this position offers bonus after 6 months but I hear you

  • @DavidB-l4t
    @DavidB-l4t 4 місяці тому +2

    Nice video. As a tourist how can we find one month rentals? Is there anything like Airbnb but cheaper? Thanks

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  4 місяці тому +3

      Unfortunately, you can't. You would need to stay at a hotel or hostel. Every foreigner needs to be registered with the local police station in which they stay. Even if you stayed with friends or family, they would need to register you. In order to rent, you would need a business or working visa, and landlords usually do a minimum of a one-year contract. I believe Airbnb did work here at one point, but only for people with Chinese ID cards.

  • @glenwjohnson809
    @glenwjohnson809 4 місяці тому

    Good to subscribe to ur channel.

  • @fenxian
    @fenxian 2 місяці тому +1

    Are you supposed to be covered by portion of medical bill like Chinese do bc you do pay tax? Chinese men retired at 60 years old. Will you be entitled of retirement payment when you come to that age? You know retired teacher have high pension in China.

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  2 місяці тому

      My company buys us Chinese social insurance, so yes, my medical is covered to a certain extent. Foreigners can also choose to buy a way more expensive private plan if they wish to. I'm happy with my insurance. Yes, because I pay taxes, I pay into a retirement pension fund. I can choose to retire in China, or if I leave before the retirement age, I can withdraw a substantial amount that I contributed to and go elsewhere.

    • @fenxian
      @fenxian 2 місяці тому

      Good for you! Do you know Chinese after retire still can receive pension living in abroad, same amount? Not like retired Canadian living abroad, you will be cut substantial amount. So it's up to you either withdrawal earlier or receive same pension amount living anywhere else. Retired teacher now in not tier 1 city can easily get over 10,000RMB, some approaching 20,000RMB. Many Chinese after retired, living with their Children in Canada, still receive same pension in China, not subject to be scrutinized each year from China Government. It's said if you leave China earlier, you just need keep your security #, come back later claim pension before leaving again.

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  2 місяці тому

      @@fenxian There are so many factors. I believe Chinese can still receive a pension as long as they hold onto a Chinese ID card. I am not sure if they need to give up the ID card if they get PR or only if they get citizenship. For Canadians it also depends on if its the government pension or a pension from a Job. A pension from your job must always be paid but the Canadian government pension is what will get drastically cut if you are abroad. I am not sure about the amount for the chinese pension for teachers. The average salary for chinese people is 4-5K in a tier one, so I doubt it will be 10k-20k, but that would be nice. I just know some teachers left after years of working and withdrew over 100k rmb.

    • @fenxian
      @fenxian 2 місяці тому

      No. Teacher salary very easily get over 10000RMB, 5k probably rural area, but I never heard of. In China Teacher position had significantly changed past decades. What I know retiree Chinese in Canada still get same pension amount, no matter with PR ID or not. Some even already Canadian citizens, that mean they had to giving up PR citizenship (Chinese ID). One thing I'm not sure whether depend on your school's status (private or public) when come to pension amount. It's also possible for Chinese getting pension higher than before retirement.

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  2 місяці тому

      @@fenxian Private or public should not matter as you pay tax and are into the same pension plan. Chinese local teachers get paid around 4-6k at private and public schools, so it doesn't make sense that they will get even more when they retire. Foreigners get paid more so they get taxed more. Most chinese teachers dont even get taxed as they dont make enough to break the tax threshold. Ill have to ask some of my co-workers tomorrow along with some of my previous co workers who now work in the public schools.

  • @gamezstop7482
    @gamezstop7482 4 місяці тому +1

    Hi brother, needed your suggestion if chinese universities are good to study software engineering in terms of quality of education and future jobs opportunities. I got admission in Nanjing University of aeronautics and astronautics. Pls guide if this is a good univ.

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  4 місяці тому +1

      The education you will receive will be good; however, you should ask around for job opportunities. Maybe ask some employers or people on LinkedIn in the countries where you would like to work if a degree from a Chinese university would be okay to get your foot in the door. If you are talking about job opportunities in China afterward, remember that your Chinese classmates have an average salary of 4k RMB with a bachelor's degree and most companies that higher foreigners want Western experience or be accomplished in their field. To get a work visa here afterwards, you would need to prove two years of working experience, so you would have to go elsewhere first from my understanding.

    • @yingxuk
      @yingxuk 4 місяці тому +2

      Graduate software engineers start with 8k monthly in tier2 cities and 12k in cities like in Guangzhou. After 5 years it between 20k and 35k monthly on average. Tax and insuraces are much lower in China than in EurppeMost important is to pass HSK4 if studying in China.

  • @remitemmos9165
    @remitemmos9165 2 місяці тому

    no health care? no school for the kids?

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  2 місяці тому

      Very affordable health insurance if not provided by your work just like USA and schools are also very affordable and you have more options.

    • @remitemmos9165
      @remitemmos9165 2 місяці тому +1

      @@collyslifeadventureinchina not so in shanghai, I guess it also depends if your kids can go to chinese school or if you're looking for your country's foreign school...

    • @collyslifeadventureinchina
      @collyslifeadventureinchina  2 місяці тому

      @@remitemmos9165 There are a few factors. If you are married to a Chinese national, then the government school costs next to nothing. If not, you still need to pay a small amount. If you don't want a government school, the next level up is a private school, and if you want the top level of education, there are international schools, which do cost a lot. The good thing for teachers is they can usually work at their kid's school and get free tuition. If you are not a teacher, I hope you have a great job or work for a fantastic company that can afford you the lifestyle to provide for your kid. Shanghai is the first or second most expensive city in China but still not on the top 10 list of most expensive cities in the world.