Salary advice needed - UK to Bahrain
Eid Mubarak to everyone in Bahrain. I have been offered a finance manager position in Bahrain.
Currently live in London, have 9+ years experience in Finance roles (qualified aca) including Big 4 accounting firms and as FP&A manager in listed companies.
I have got an offer of 2500BD/ month and 50% educational allowance for child, medical insurance and flights home once a year. 30 days holidays exc bank holidays. No car or housing allowances.
Could people please advise if this is a good offer (based on my skills and experience coming from the UK), would appreciate responses considering a western standard of living as have seen previous responses saying 500BD is a great salary without considering someones current standard of living and earnings.
E.g. I currently make almost 6 figures in UK which includes bonus and pension. So the 2500BD will just about be my after tax salary in UK and thats excluding bonus and pension contribution from my employer.
Preferaby I would want them to atleast match my UK salary(atleast 3500 BD) so that it is not a step down for me but I am not sure if I can negotiate that much as dont know about regular practice in Bahrain? Any advice specifically on how to negotiate would be good. E.g. I dont need the education allowance for my child for atleast another 3 years so maybe i can have housing allowance till then?
For me pros are:
Islamic environment to raise my child and all the other benefits (hearing Azaan 5x, Eid holidays etc)
More relaxed environment away from rat race
Convenience of having affordable house help/nanny for baby (7 months old)
Beach and warm weather
Nice spacious apartments with pool gym etc
Cons
Salary lower than current package
Future career prospects
Wife has to leave her job (also in finance) and not sure if will be able to find suitable opportunities there.
Less things to do thank UK
Apologies for the long post but really appreciate help on this.