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Non Sequitur
Joined: 23 May 2010
Posts: 4724
Location: China
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 Posted: Sat Mar 26, 2016 7:30 pm Post subject: |
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| blueberrymango wrote: |
| Big Worm wrote: |
Oh hi. international school teacher here. Dont know anything about Hangzhou except its suppossed to be a really nice place to live.
My two quai. And to qualify, all schools are different, so may be talking out of my side, but....you should plan on worki g at least 50 hours a week. Ten hour days are pretty standard for "Real" intl school jobs. Also, and yes, there are regional differences, but 20k sounds kinda lowball. A certified teacher in an international school shou,d be more around 30 with housi g in my limited experience. 20k is like a bit short of 40k usd. Its not chump change, but kinda low end for a proper teacher in a proper intl school.
Also things like, how long is the contract? Gratuity after a year? Opportunities for pd? What curriculum are they using? If they are getti g good results, its a different situation than everyone half assing it evryyday.
edit. To address your question, after taxes that should be around 16 or 17. If you life frugaly, you can prob save 2k us a month(13k rmb), if housing and bills are paid. of course travelling, nights out will eat into this. A lot of saving is up to you, but china can still be done on the cheap if you eat like a local. |
Thank you. Is it complicated to put the money into an American account, and are there limits on how much you can transfer? |
There are multiple threads and posts on the subject of sending money home. |
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blueberrymango
Joined: 27 Sep 2015
Posts: 32
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| Posted: Sat Mar 26, 2016 10:43 pm Post subject: |
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| Non Sequitur wrote: |
There are multiple threads and posts on the subject of sending money home. |
Thanks, I'll read through the other posts then. |
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Lucky707
Joined: 04 Mar 2015
Posts: 11
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| Posted: Sun Mar 27, 2016 2:45 am Post subject: |
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I live in Hangzhou, so I'll try and provide something from the "saving money" perspective.
Hangzhou is a big city. The area right next to West Lake is (of course) considered Hangzhou and is very, very expensive: similar to Shanghai in prices. However, there are many areas of Hangzhou that are not at all expensive and are accessible via the same Metro line as downtown.
Can you live off 2000RMB a month just like you were doing in your previous city if you live in a cheaper area of Hangzhou? Easily.
Downtown? Not as easy. However, I would estimate your costs (of a frugal lifestyle) to go up to around 2500-3000RMB per month. This is not including housing as I assume you are going to have that provided to you*.
* Come on! It's an International School!
Of course, the longer you stay in a city the easier it becomes to save because you know all of "the cheap places". This is the difference between paying 400-500RMB for a decent pair of shoes and <200RMB.
So yes, you can save a LOT of money either way. That's not the real issue. The real issue is getting your money out of the country. |
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Non Sequitur
Joined: 23 May 2010
Posts: 4724
Location: China
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blueberrymango
Joined: 27 Sep 2015
Posts: 32
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| Posted: Sun Mar 27, 2016 3:39 pm Post subject: |
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| Lucky707 wrote: |
| The real issue is getting your money out of the country. |
This was more my question... Not necessarily the "how", but whether it's a huge headache.
On a side note, I've noticed that several places (ATMs and businesses like McDonald's) in the US take Union Pay cards now. I wonder if it's possible to withdraw from a Chinese account in the US. |
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NiHaoDaJia
Joined: 07 Aug 2014
Posts: 118
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| Posted: Sun Mar 27, 2016 5:58 pm Post subject: |
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Hangzhou is a very beautiful. I am an American who has come to China to teach English, and I have heard Chinese say, "There is heaven above and Hangzhou and Suzhou below."
China is developing rapidly and the prices are getting more expensive. You could save some money, but there are two sides to every coin. You can also spend a lot of money on traveling, sightseeing, eating food in restaurants, and so on. China has 5,000 years of history, so there are many cultural and historic places to visit. It's OK, because as guests in China, it is good when we can support the local economy and the development of China.
Do you want to buy a house in China? The values are going up and up. |
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mackidrei
Joined: 04 Apr 2013
Posts: 29
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| Posted: Sun Mar 27, 2016 7:42 pm Post subject: |
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| blueberrymango wrote: |
| Lucky707 wrote: |
| The real issue is getting your money out of the country. |
This was more my question... Not necessarily the "how", but whether it's a huge headache.
On a side note, I've noticed that several places (ATMs and businesses like McDonald's) in the US take Union Pay cards now. I wonder if it's possible to withdraw from a Chinese account in the US. |
http://www.unionpayintl.com/en/enserviceCenter/enoverseas/encardInstructions/220122.shtml
i googled it and got this.
i've used unionpay to withdraw money from my chinese account in the usa, canada, vietnam, thailand... only my icbc card doesn't work in other countries, i set it up with internet banking and i think they decided to not allow atm use of it in other countries. i'm sure if i went to the bank i'd be able to change that, but it's not my only account so i don't mind. |
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OhBudPowellWhereArtThou
Joined: 02 Jun 2015
Posts: 1168
Location: Since 2003
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| Posted: Sun Mar 27, 2016 10:10 pm Post subject: |
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| NiHaoDaJia wrote: |
Hangzhou is a very beautiful. I am an American who has come to China to teach English, and I have heard Chinese say, "There is heaven above and Hangzhou and Suzhou below."
China is developing rapidly and the prices are getting more expensive. You could save some money, but there are two sides to every coin. You can also spend a lot of money on traveling, sightseeing, eating food in restaurants, and so on. China has 5,000 years of history, so there are many cultural and historic places to visit. It's OK, because as guests in China, it is good when we can support the local economy and the development of China.
Do you want to buy a house in China? The values are going up and up. |
Excellent!  |
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max71081
Joined: 05 Aug 2015
Posts: 125
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| Posted: Sun Mar 27, 2016 10:36 pm Post subject: |
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| NiHaoDaJia wrote: |
Hangzhou is a very beautiful. I am an American who has come to China to teach English, and I have heard Chinese say, "There is heaven above and Hangzhou and Suzhou below."
China is developing rapidly and the prices are getting more expensive. You could save some money, but there are two sides to every coin. You can also spend a lot of money on traveling, sightseeing, eating food in restaurants, and so on. China has 5,000 years of history, so there are many cultural and historic places to visit. It's OK, because as guests in China, it is good when we can support the local economy and the development of China.
Do you want to buy a house in China? The values are going up and up. |
every coin has two sides
if you visit my hometown, I can be your guide.
drink hot water for your healthy
chinese history is 5000 year olds
i think (insert name here) is very hadsum
waaa, your chinese is soo good..
no why
if you are cold, you should wear more clotheses
maybe we can play
china is very prosper country
waaa, foreigner soo strong
you foreigner soo open
I feel soo boring
practice my english
my english soo poor
happy everyday
do you like chinese girl/food?
what a pity!
fine thank you and you?
do you like spicy?
have a try
I think that is every expression you have used in this forum... |
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Shanghai Noon
Joined: 18 Aug 2013
Posts: 589
Location: Shanghai, China
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| Posted: Sun Mar 27, 2016 10:53 pm Post subject: |
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| NiHaoDaJia wrote: |
| Hangzhou is a very beautiful. I am an American who has come to China to teach English, and I have heard Chinese say, "There is heaven above and Hangzhou and Suzhou below." |
I used to like to visit Hangzhou, but lately it's been VERY crowded on weekends. The last time I went there, I spend an hour trying to get a taxi before I gave up and went back to Shanghai. I almost couldn't walk on the sidewalk.
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| China is developing rapidly... China has 5,000 years of history |
Assuming these two statements are factually true, do you consider them to be something the Chinese should be proud of? Is it really a good thing to have 5,000 years of history and still be a developing country? |
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asiannationmc
Joined: 13 Aug 2014
Posts: 1342
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| Posted: Mon Mar 28, 2016 7:08 am Post subject: |
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| Assuming these two statements are factually true, do you consider them to be something the Chinese should be proud of? Is it really a good thing to have 5,000 years of history and still be a developing country? |
More like 3500. But hey, what’s a millennium or two between friends eh NiHaoDaJia
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| Do you want to buy a house in China? The values are going up and up. |
Bad loans are being packaged and sold much like they were in the states although the problem the Yuan is facing makes investing in a apartment better than the bank. Due to financial failures and unpaid tax leans, the best investment at the present in in the U.S. based housing market and with the ability to tie a bank acct. to a reality based auction, it is easy to purchase lots or homes that have been neglected. Best to have some boots on the ground but a buyer can suss it out first with goggle earth.
| Quote: |
| It's OK, because as guests in China, it is good when we can support the local economy and the development of China. |
It would be better to negotiate all paychecks in your native currency or dollars. Use paypal or a bank card and buy products produced in your home and if not purchasing products produced in your home country ... then at least you are support the retail arm of the economy of your home. |
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Non Sequitur
Joined: 23 May 2010
Posts: 4724
Location: China
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| Posted: Mon Mar 28, 2016 8:29 am Post subject: |
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There is a problem with tenure for 'private' real estate in PRC. Build quality is also a problem.
Locals stay ahead of the maintenance curve by selling every two to four years. |
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adventious
Joined: 23 Nov 2015
Posts: 237
Location: In the wide
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Shanghai Noon
Joined: 18 Aug 2013
Posts: 589
Location: Shanghai, China
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| Posted: Mon Mar 28, 2016 1:50 pm Post subject: |
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| asiannationmc wrote: |
It would be better to negotiate all paychecks in your native currency or dollars. Use paypal or a bank card and buy products produced in your home and if not purchasing products produced in your home country ... then at least you are support the retail arm of the economy of your home. |
If you want to help the economy at home, buy your things in China, save your money and invest it in your home country in a productive industry. That will help far more than buying things from your home country. The reason we left mercantilism behind is because it's not the best system out there. |
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ghost
Joined: 30 Jan 2003
Posts: 1693
Location: Saudi Arabia
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| Posted: Wed Mar 30, 2016 2:59 am Post subject: Wenzhou compared to Hangzhou |
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Anyone comment on the quality of life in Wenzhou, and particularly - the University belt area, where Wenzhou University and Wenzhou Medical University are located, compared with Hangzhou?
Thank you.
Ghost in China |
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