The more cases I see I am getting 100% convinced that NIATCOLI or Net Income After Cost of Living Calculations is the first thing to do for anyone moving from one country to other or immigrants searching for temporary routes to their final destination.
The NIATCOLI is just an extension of the EBIT or NIAT concepts. It is simply the Net Income after Taxes minus the following other costs that people never enter into the equations. Take into account your Family Group, if you plan to travel with them.
- Rent
- Basic Services like Electricity, Water, Communications
- Food
- Transportation
- Insurance
- Education or Training
- Entertainment
Only after your calculation of NIATCOLI you will be able to make good decisions. Otherwise you will end up saving less for your medium/long term capitalization or even lowering your quality of life to make brake even.
If you are unable to find solution to your equation, may it is time to reach me for a straight talk.
For Cost of Living Calculations go to https://www.numbeo.com/cost-of-living/
Payroll deductions must be find out via Networking with the right people in the target country,
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