Savings of an Engineer in Canada VS India | Cost of Living, income, Tax, Expenses & Savings

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How different is software engineering in India with respect to that of Canada? What kind of companies are present and what is the trend of those companies to hire from India? What is the cost of living in Canada and ultimately how much more will you be able to save?
Is Canada a safe bet for us to go, work and live?
With the recent salary boom that India has witnessed, Do you feel is it worth it to go there?
If you had these questions or are curios to know about it! then this is the perfect video for you! ❤️
Here, I have discussed the following :
📌 The different types of companies in Canada
📌 Immigration opportunities and process
📌 The Cost of living breakdown
📌 The salary earned with respect to India(Both FAANG as well as non FAANG company)
📌 The Net savings
📌 Is it worth it? For whom ?
To connect with me:
Instagram: / dynamic_coder_18
LinkedIn: / soumyajit-bhattacharya...
Telegram: @sdeinterviewpreperation
Tech Company Review: • Tech company review
Timestamp
0:00 Intro
1:14 Top companies hiring in Canada
2:47 Expenses breakdown
10:18 Salary and Net Savings comparison
12:33 is it worth it?
Tags & hashtags:
#canada #softwareEngineer #costofliving #costofLivingCanada #netSavings #hustlehard #google #rippling #Rubrik #usa #uk #germany #europe #abroad #bloomberg #Uber #Microsoft #google #low #level #design #lowleveldesign #soumyajit #bhattacharyay #bhattacharya #system #design #faang #facebook #code #interviewExperience #London #SoftwareInterview #SDE #SDE2 #DS #dataStructure #interviews #microsoft #techsalary #IndiaSalary #booking.com #salary #atlassian #yugabyte #microsoftEngineer #googleEngineer #googleindia #agoda #cohesity #compass #twilio #tekio #gojek #tokopedia #stripe #snowflake #nutanix #confluent #uber
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Опубликовано:

8 июл 2024

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Комментарии : 258

@mahendrahegde5087 Год назад

You can pin this, sir. If you are going onsite in service based companies, you'll get 5.5k in hand in Canada. You can still manage to save around 2k plus and annually around 20L INR. Comparison with USA: earnings in US will be way higher than Canada. But Green card in US takes almost a decade whereas you can get citizenship in Canada in 3 to 5 years.

@sr-xd8jb Год назад

Its not abut onsite. Its about getting a job there directly.

@swarajpatil6535 Год назад

Comparison between India and Australia. Really Enjoying this series 😍 Thanks a lot.. Would help if you cover some countries Netherland, Germany Australia.Thanks once again 👍👍

@siddhantsharma6235 Год назад

wahh sir, What a fantastic video it was, power-packed with facts and stats, sir I am really thankful to you, as you chose to make videos that are really out of the box as well as really helpful to many of us in a true sense, THANKS A TON BHAIYA, Just one more request bhaiya Please make an in detail video regarding the companies which are hiring in Canada from India( BOTH FOR SDE-1 AND SDE-2 ), will be again very grateful to you if you make it, YOUR VIDEOS ARE REALLY WORTH THE WAIT SIR

@sujit_webdev Год назад

WOW! What an analysis 😍🤩 Take a bow. You and your content are gems on RU-vid 👏👏👏👏👏

@SoumyajitBhattacharyay Год назад

Thanks so much 😊

@aloksrivastva4142 Год назад

I am loving this series 🥰🥰🥰 please make more such videos. Keep up the good work 👍👍

@ranitdey7369 Год назад

It would be great to see the companies hiring extensively in Canada!

@ka_ka3141 Год назад

Is it true

@abhaykaushik95 Год назад

Please make a video about companies which are actively hiring for Canada, their prep strategy, their work life balance, their compensation and all the pros and cons of working in them.

@honeysingh1996 Год назад

Just a humble advice, might not create major difference: You shouldn't consider cost of lunch for faang because it's more less free for its employees

@Mohit-bx7qt Год назад

Amazing video Soumyajit. Great Analysis. The savings in Canada are higher comparative to India, but it might be on par with the value it has. Suppose you might use your savings for buying a house, the rates in india are much lesser than in Canada. So your money in india is more valued than the money in Canada.

@TanayBhalani Год назад

Thanks man, really appreciate your work. Can you make a video on comparison of career progression and packages in tech(faang and average), like front-end, back-end, full stack, cloud, data analyst, scrum master, manger, etc. This will be helpful for someone who is changing career with or without a gap, to visualise where to chart one's career, etc. 😬. Keep up the good work ❤️🔥

@mahendrahegde5087 Год назад

Absolutely love this country comparison, awesome

@suhailf5014 Год назад

Many thanks for this video! Previous we used to wait for next company review, now next country saving comparison video!!! US v/s India for next video?

@333trr333 Год назад

thanks a lot for this video. Wanted to see Canada comparision

@RajeshSingh-zc6ct Год назад

But we have to see pollution ,safety ,work-life balance and so many other factors. Money is not only parameter to judge.

@optimizer_____2420 Год назад

Superb info . Thanks 🙂

@rejinjosek6605 Год назад

Absolutely great content. Thanks for the video series. Please do that video for companies hiring from abroad in Canada. Also Ireland can be another Country to review.

@NitinSharma-od8pr Год назад

definitely make the video on canada companies hiring from India directly

@bugswithgoogle7023 Год назад

I watched all of your videos. It means if I want to save maximum money then priority should be USA and then Singapore? What do you prefer personally if the savings is the motto?

@Sahil-ev5pm Год назад

Thank you @Soumyajit Bhattacharya this was a great informative video plz make a similar video on USA vs Canada for SDE1

@dibyanshumishra3536 Год назад

Just day before yesterday i received an email from canada amazon recruiter. Thanks for this man.

@kumarrohit3957 Год назад

Yes make a video in depth about companies in Canada hiring extensively

@hkjain14 Год назад

Really insightful video! Please make a similar video for Netherlands and Australia

@ashishjha2065 Год назад

Yes sir please make video on companies hiring in Canada

@SoumyajitBhattacharyay Год назад

Ji bilkul

@prakharchauhan6497 Год назад

Which country do you think is the best if an individual want to shift outside india on the basis of life style and savings

@thereviewboy001 Год назад

Make a video on companies other than faang level which are sponsoring work visa from India to Canada

@SoumyajitBhattacharyay Год назад

Absolutely sure

@dude-ox2em Год назад

Very good comparison.

@RajPatel-nv8bz Год назад

Dada, Will Canada stop Immigration after 2026 or it'll keep it's immigrant intake for students high ???

@sufyanzaheeri2263 Год назад

Great Analysis!

@sufyanzaheeri2263 Год назад

Please make another comparison video for Scandinavian/Nordic countries.

@rajendraprasadb4082 Год назад

Thank you Soumyajit for wonderful video.Could you please make video on Software engineer salaries and savings in UAE vs India

@benoialex7478 Год назад

Could u please tell us the reason behind such low salary being provided in india as compared to other countries u have compared till now. Your videos prove that we are still underpaid for the work we do in india for maintaining same standards of living + difficult work culture.

@Nikhil_utube Год назад

Hi Soumyajit, Can you also make a comparison between india and south korea. Me & friends got reached by various korean companies for SE opportunities we are totally unsure of whether to go ahead.

@mohammedmohideen1756 Год назад

Please make a detailed video on companies hiring in canada directly from india. Thanks.

@terryl6712 Год назад

Can i get direct FAANG software engineer offer in Toronto from India after my btech off campus?

@mohammedabdullahifteqar7838 Год назад

I watch your video regularly. Please make that video for Canadian Employers there who hire from india.

@glenveigas437 Год назад

A lot of good product based companies as well as startups are now opening offices in Calgary, Alberta. A huge demand of SE, Data Science, SDET jobs has been observed. Also the rent and expenses are quite low compared to Vancouver(British Columbia) and Toronto(Ontario)

@xyz-pc3tl Год назад

How can you know this bro??

@xyz-pc3tl Год назад

What are a salary of entry level data scientist or ML engineere in canada in FAANGM Companies?? Please...please..reply

@glenveigas437 Год назад

I have applied for PR and I have been doing lots of research on provinces that are good for IT jobs

@glenveigas437 Год назад

Entry level engineers can expect a salary of 120k CAD

@pankhurichadha600 Год назад

@@glenveigas437 is the salary and expense comparison realistic in your view?

@managementtutorials Год назад

Excellent review

@ZeeshaanAli Год назад

I liked the video, but you should have also mentioned about Canada'a specific inhabitable weather.

@gaganjoshi1513 Год назад

Very well explained

@rashmivennam5541 Год назад

Hello..my husband got onsite opportunity to move to canada..is it better to move along with family with two kids or move alone for first the first time..please suggest...thank you

@crimsoncad3230 Год назад

We can use the PPP value for Canada and get the estimated salary in India.

@saman_pradhan Год назад

Make a video on which countries are best options if permanent reference is not target. The experiences, exploration and savings someone get for may be few years before coming back.

@financeverse6585 Год назад

Comparison between India and switzerland

@SoumyajitBhattacharyay Год назад

Absolutely will come! 😊

@manhalrahman5785 Год назад

Haan kaam karwate raho bas

@saunaknandi1814 Год назад

@@SoumyajitBhattacharyay but how to apply there from india?

@mohit-st2nm Год назад

Please espe bhi video bnao🙏🙏🙏🙏🙏

@burhanrashid7497 Год назад

also india and norway

@PraveenKpK736 Год назад

Can you please do a comparison for Dublin, Ireland

@ashrafmohammad2784 Год назад

Bro plz make a detailed video on companies sponsoring visa for Canada as you said in the video🙏

@SoumyajitBhattacharyay Год назад

Absolutely

@ashrafmohammad2784 Год назад

@@SoumyajitBhattacharyay Thank you so much bro

@m04d10y1996 Год назад

Thanks for detailed video, How is the tech market of non-faang companies in canada vs India

@aaryanraj8342 Год назад

plz a comparision between india and ireland...or australia and why u not considered toronto....it has lesser cost of living as well as it's a tech hub out there..

@novicecoder5753 Год назад

If we are working for any service based company then our resume is shortlist when we apply for Facebook?

@valia325 Год назад

Great video , thanks for your explanation. Could you please tell me how much TOP MNC companies like TCS,Infosys,CTS etc. will offer to work in Canada , if they landed to Canada on Company VISA

@suvamroy9426 Год назад

Can you please make video on how can we take our parents if we have visa to work there( lets assume working in FAANG or FAANG level company ) ?

@srinjoybose8134 Год назад

Hi @soumyajit can you please make a video on the job opportunity of experienced data scientist and statistician outside India, not core software developer. You can also include that for facebook london podcast. thanks.

@giit85 Год назад

If someone join Amazon as sde 1 what will be total net worth after 4year(including all stocks bonus) Please please reply i have to tell someone please

@rajasekarm Год назад

55L per year is the salary for a SDE-2 in India? CTC may be. but how much of that is deposited in the Bank Account of the Employee?

@SoumyajitBhattacharyay Год назад

The entire thing. It is the entire salary that you will get in a year on which you pay income tax. Obviously taxes excluded. And that is the lower band. Why would it be CTC.

@satendrabais2806 Год назад

Thanks bro for such content..Bro plz make a video on how a fresh developer can get a remote job for a company based in Canada and what will be the pros and cons.

@siddhantsingh9710 Год назад

Vancouver is actually the most expensive city in Canada. If we compare Vancouver with the most expensive city in India which can be Mumbai or Bangalore then sir I don't think that 2000 rupees per month will be enough for your lunch in India. and if we also consider the rent for Mumbai and Bangalore, please remember that its skyrocketing. So the amount that we are actually saving in canada along with the other benefits such as health factors or the work environment or even the quality of our surrounding as compared to what we get in India is a lot better. Reports have estimated how Canada, even though a costlier country than India, offers a higher standard of living for residents.

@SoumyajitBhattacharyay Год назад

In blr and hyd you can get rent for 18k a month tbh. Anyways the point was comparing cities with comparable job scene. Which in this case is Vancouver and hyd/blr. And do mind, i have taken a mid range number for the salary for Canada, but the lowest number for India at the same level. Tbh, the free health is a scam. And you will anyways invest in a private health insurance. Which you will do in India. The cost of which is far lesser in India in comparison to Vancouver and you can get all the facilities here.

@siddhantsingh9710 Год назад

@@SoumyajitBhattacharyay It is true that one can get flat for 18k a month in blr/mumbai/hyd but the space that we get with that amount of rent is very less, a fact about India that no one can change and is true to its core. Space and Quality of Life is a very big issue and very important factor which is to be considered before moving to a new place/country/city. Let's also consider cities like waterloo, Ontario, Edmonton, Halifax etc. which are not so expensive but again the quality of life and space is not compromised. Honestly, moving into a new city/country is a big decision and a lot of factors are to be considered. It should be stated again that the average salary in Canada vs. India is way higher and more tailored to meet living costs. Indian salaries are nowhere as proportionate to rising inflation and costs of living as average earnings in Canada. Canada does have a higher cost of living. However, considerably higher salaries and purchasing power ensure that living standards are also on the higher side here. However, I agree with few of your points and your take on this as well. Overall, a very Informative video.

@SoumyajitBhattacharyay Год назад

Not true in Mumbai you won't get. But in hyd and blr you will get very good apartments in gated societies with amazing amenities. You can look up societies like My home Vihanga, Golf edge etc. To be honest for software engineering Canada does not have a high salary with respect to taxes and cost of living taken into consideration. If you simply take a look , as pointed 200K is the average sde 2 salary there in a good faang level company, how ever, in India i had considered the entry level sde 2 salary as 55 Lakh. It can go as high as 80 lakh. So tbh, from a savings POV, you will be at an equal pegging. Rest this video is not and should not be the only source to make the decision to move. But should be considered as one factor. Rest factors are very subjective in nature and can not be quantified and hence no point in making the video on them.. they should be evaluated by every individual

@mohdyasin9017 Год назад

@@SoumyajitBhattacharyay Hi, nice video But, everyone don't get a opportunity to work in a faang level company. As per ur video if someone is saving 20 lacs in avg companies in Canada, then please consider for India, whr very few gets 20 lacs( before tax) with atleast 4 or 5 yrs of exp. Nd, considering tht much of experience one can probably save more than 20 lacs in Canada.

@nehadushyani473 Год назад

Can you create a similar video for Austin, Texas specifically?

@vhcr720 Год назад

For Facebook London video.... Is there chance to get in Facebook without DSA

@ankit_1012 Год назад

Great video sir, I have a request , can you pls make video on how to approach people ok linkedin for referrals..

@prakharchauhan6497 Год назад

For fb podcast, may you please ask about the frontend development path for meta, like how to crack the interview, what are different rounds a candidate will gone through the whole process and of course salary also

@kanikakhetarpal9799 Год назад

Please make video on companies hiring in Germany from India

@toomuchpoop450 Год назад

Bootom line you can live ultra luxuriously in India as compared to Canada if you are sde2 at faang

@purnachandraraokota Год назад

Have you considered CTC or fixedpay in salary column while discussing about SDE2 in both India and Canada? Please clarify.

@SoumyajitBhattacharyay Год назад

Yearly salary has been considered

@purnachandraraokota Год назад

@@SoumyajitBhattacharyay So is it CTC?

@SoumyajitBhattacharyay Год назад

@@purnachandraraokota tbh, i am not sure what do you mean by CTC. In tech we call it as TC. Total compensation. Which is the salary that you will receive every year on which you would be paying taxes.

@purnachandraraokota Год назад

@@SoumyajitBhattacharyay What I meant by CTC is fixed + bonus + rsu vested per year. So my question was have you considered CTC or fixedpay. Apart from this it is a great video

@dibyanshumishra3536 Год назад

@@purnachandraraokota what he means is at the end of the year how much cash you have for doing your job. CTC is not what u defnied and is often bloated hence the confusion. You can consider the above to be basically the amount of cash you will receive at the end of year everything combined

@AshutoshBaghel Год назад

Correct comparison. You won't save a big amount when compared to India. Even less if you're with family. Grocery needs to be updated, I spend 100$ per week in grocery

@Awake-yn7er Год назад

Yes, the grocery amount should be much more than that. On the flip side i don't eat out that much. That's where you can save some money.

@mauhhikthakkar3366 Год назад

Comparison between India and Germany 🇩🇪 please

@armanalam4624 Год назад

What is the package of sde 2 at Amazon, what is inhand salary?

@dibyanshumishra3536 Год назад

all of that is in hand salary

@harshilparmar9076 Год назад

First of all thanks for the efforts and watching your content since long ago. Currently I am in Canada Toronto and from my point of view watching this from Canada has huge difference in terms of some points although good video overall. If someone is getting a job from India that's great 👍 but from current situation its not easy as we think and also there are number of layoffs.And moving to another country is big decision and that might or might not be the same for every person so before making decision please do consider apart from money also. Best of luck. Sorry no offense, if someone feels like that.

@ritwikrajpoot9751 Год назад

Bhai abb waha ja k nah aane k gyaan mat chod

@harshilparmar9076 Год назад

@@ritwikrajpoot9751 Bhai I already said might or might not big for you to make sacrifices. I have seen so many people who is going back to India once after seeing reality here and you will not find any videos for that. And I am not the one who can stop you from going to any country. I am just putting reality so someone not make blind decision. Thanks for you comment. I hope you will continue this attitude this will help you a lot in any country you go. Best of luck !!

@rishabhprasad641 Год назад

Please make a video comparing savings of Amsterdam vs India

@saunaknandi1814 Год назад

how to search and apply for jobs in Canada. ye bhi bata do bhaiya

@prateekkhandelwal6849 Год назад

Thankyou Bhaiya for the video i am actually starting making of notes so it will helps me in future to choose where i want to go and work ,your video is really helpful and it everytime shows the reality of the market ,,you know that one thing i like the most ..................................And also next video [ India Vs Japan ].......😊😊😊😊😊😊

@SoumyajitBhattacharyay Год назад

Hahah. Amazing yaar 😊

@adkk1996 Год назад

Hi Can you make a video on Australia vs India it would be so helpful if it's possible thanks in advance such a great video.

@sidforreal Год назад

Sir ek video banado list of companies hiring for SDE1 currently (apart from Amazon)

@tgow7304 Год назад

you deserve millions of subscribers

@SoumyajitBhattacharyay Год назад

Hope so 😊

@siddhantsharma6235 Год назад

definitely

@piyushborude6440 Год назад

If possible do ask your friend from Facebook London whether he gets opportunities to relocate to USA from London.

@sainkunal Год назад

Make a video on India vs US LIFE OF A SOFTWARE ENGINEER

@mamataparida2685 Год назад

If all software engineers will be in abroad then what their parents will do staying alone in india?

@sumit9765 Год назад

Pleas make video on how to apply for tech jobs in Canada from India directly...

@ashu7pathak Год назад

Oh man, in Canda with no maid, no cooks, no car, we can save only 14 lacs extra each year... hmm ... India mein to insurance bahut cheap hai, maid aur cook hain, and in our own country we can live like the first class citizens ... SDE2 - bottom of band 55 LPA \/,

@chethanmc5868 Год назад

Please make a detailed video on companies hiring for Canada

@SoumyajitBhattacharyay Год назад

Surely will make

@siddhantsharma6235 Год назад

Yes sir please

@suman14san Год назад

Good analysis. I guess those days are gone when people use to move to other countries to make money. IMHO, in todays world at least now, if anyone seriously looking to move out of india it should surely be not money. Compensation are way better in india wrt other countries, opportunities are equally good or even better in few domains in india. In todays world, it all matters what we really want in life, in early 2000 people use to move out of india bcos of good work but that is not true today, you look around almost all companies have an office in india US and Israel specially. If we strictly talk abt compensation, it’s a relative thing(always). E.g if my compensation is 7-10L in india, I can move to any hell place where the salary is 90k+ USD as that’s a significant bump. But if my compensation is 60L or more in india, I would seriously look into what my compensation is outside india. And at that time I might consider work and other dynamics. But in general if we take work, life, family, compensation together, and if you give equal weightage to all, I guess India would be first choice. Having said that’s it’s always great to work from different places in india and outside india, we learn different culture, work dynamics, etc. So working from outside our hometown or homeland is always nice, if not for lifetime but at least for couple of years. I passed out in 2007, and I was lucky to witness the whole evolution and technology specially in computer science, wherein there were days when 20k a month was a serious deal and now even 1cr is not enough for few of us 😊

@robbenvanpersie1562 11 месяцев назад

But I have heard many countries like Canada,UK are not worth moving to due to inflation

@b4u2umer Год назад

Hi @Soumyajit seems your videos are useful content but i would request you to kindly make videos on how to get job on FAANG path DSA, HLD, LLD etc

@bikashsah6338 Год назад

Plzz compare the savings of an engineer in Ireland, Germany, Netherlands, Norway, and Australia also

@conrad28 Год назад

Don’t come to Ireland. We don’t have jobs here now.

@yashgarg1693 Год назад

Make this comparison video for Dubai

@anujgulatimba Год назад

Yet again an amazing video. One ques- Why do you say you are considering bottom level salaries for SDE2 India for comparison purpose? What is the median salary & salary bracket for SDE2 in Faang? And for SDE3 ?

@nagasumanth4442 Год назад

yes, even I would like to know this

@PratikGhosh007 Год назад

I think he's taken Amazon as the standard FAANG... Where the difference between SDE2 and SDE3 is huge and getting promoted isn't easy... So the SDE2 salaries there are pretty high.... Otherwise 55 is definitely not the lower band of SDE2 salaries for FAANG level.... It's not top level either... It's somewhere in the middle.... But 200k Canada is definitely top level... Not middle level

@anujgulatimba Год назад

@@PratikGhosh007 Is it? How much is the difference in Amazon for SDE2 vs SDE 3? Is it specific to any particular business unit like AWS/Alexa?

@PratikGhosh007 Год назад

@@anujgulatimba I am not sure... But I have heard SDE 3 guys in amazon make between 70L - 1cr.... Maybe Saumyajeet bro can confirm this...

@SoumyajitBhattacharyay Год назад

That's pretty less what you quoted. That is even lesser than the lower band of SDE 3 pratik.

@mohdmujahed4271 Год назад

Comparison between india and uae

@sampleshawn5380 Год назад

I am second. ... To comment! 😂😂😂 Achievement unlocked!

@SoumyajitBhattacharyay Год назад

Hahah 😊

@deeproop278 Год назад

yes please please make a video on campanies that hires in canada and provide visa sponsership :)))

@varadmore6007 Год назад

can make a comparison between india and australia

@marysukirthem7543 Год назад

Please make video on companies that sponsor visa in Canada.

@diwakarsingh907 Год назад

bhaiya please make a video on Australia vs india

@iwatchwithoutads7103 Год назад

Please make a video about Australia as well.

@Parikevedio Год назад

Detailed review

@mahendrahegde5087 Год назад

Around 20L inr in Canada and 15 to 20L inr in India....savings as fresher i guess, let me find out after watching video😅

@butterflyonrose3304 Год назад

Hey, I'm a Master's student of Media and Mass communication Field. I want to work abroad can you please create a video regarding apps and websites where I can apply for international jobs or internships (other than LinkedIn). Thank you so much.