Financial impacts of moving to China
March 31, 2010 4:49 AM Subscribe
Asking for a friend: Financial considerations of moving to China and being paid in renminbi? (originally from Britain)
posted by like_neon to Work & Money (3 answers total) 1 user marked this as a favorite
My friend is going to take a permanent position in China, as in not contract, and he is currently not planning to live there forever. It is not clear if he can negotiate to be paid in pounds because he works for the same company right now in Britain. Regardless, what should he consider in financial terms when being paid in renminbi when it is likely he will move back to the UK in the short term (let's say within 5 years).
He does have personal reasons of why he would like to work in China for a bit, but how does it stack up financially? If it makes a difference, he will be located near Beijing working as a sw developer.