Job offer in KL. Is the compensation package adequate?

Welcome to Expat.com Parik!

Wish you Good Luck in your research.

Harmonie.

The package sounds alright for your jobscope, given that you'd be getting bonuses too, but I'm assuming the co will be handling your visa as well as your wife's? I'm afraid it won't be too easy for a foreigner to get a job locally (your wife I mean) so if she can request for a transfer or hook up with a reputable finance co from now, that'd be safer.

The salary is good amount for you to start with.

Besides salary you should ask for some allowance which normaly applicable to local package here such as transport, HP allowance.

Need to allocate for accomodation, depending one the area you will stay, the fully furnish aprt @ condo rentals rage form RM1.8K to RM3K for two bedrooms.

Also pls remind, income tax is applicable to expat as well. the best if you can ask for free tax salary,,which your company pay for the tax.

Hi without kids and a low level social life then doable. Lead financial analyst can mean anything and getting work as a spouse is very difficult especially as employers don't understand the visa situation. 6k is a lot locally for an "executive" level job like what sounds like but that depends - if it is more senior she will have contacts to use to look for jobs in KL.

Do bear in mind expat mags say things like "expats will be on higher rate of tax as they will almost certainly be on more than 250,000 rm a year" (I saw that one recently) and that 8k is only a slightly above average salary in KL so no luxurious lifestyle. Do check medical covers spouse. It won't cover pregnancy of course.

Public transport in KL is a joke and a car is essential really and personally I never use taxis after many bad experiences. You may need to budget for that or live where lrt rubs to work.

Good luck with the move !