Members of the Forum,
Please assist in info on cost of living for Indian Family (Veg) of 5 (Me, My Wife, My Mother and 2 Children) in Riyadh.
I have been offered a salary of SAR 18,861/- p.m. by a Renowned Bank. I am a CPA with 8 years experience in Banking and Consultancy.
I would like to know the below stated costs on per month / per annum basis.
- What is the House Rent in a good compound with all standard facilities like swimming pools, school bus availability, shopping malls etc. on monthly basis and what is the amount of security deposit; period by which rentals are increased and what is standard rental period given to tenants (family)
I heard that one can get flats at various compounds i.e.
a) Western type compounds with shopping buses for ladies and school buses, swimmimng pools , tennis courts,..etc.
Good 3 BDR house for 80,000 – 120,000 SAR /year. Is it True?
b) Other compounds - Still good quality but no services like Shopping and school buses
Good 3 BDR house from 45,000 – 70,000 SAR/year. Is this safe as the above option?
C) Good 3bdr apartment would range around 25-30,000 SAR.
Is it worth it and safe to stay there with a Family (as stated above). To be true, I am Hindu and given restraint against other religions in SA, i thought of checking the same before deciding to take a plunge.
what is Cost of Education in a decent Indian School on per month / per annum for 2 children (6 years & 4 years of age).
What is the Cost of Food + Entertainment + Car (is financing available immediately)
what is Additional Cost of keeping a maid or servant (apart from pay)?
What is Cost of Mediclaim for person > 60 years of age. Does Company provide the mediclaim benefits to the parents of employees apart from employees family i.e. Employee, Wife and Kids?
I am planning to ask a Compensation of SAR 25,000 - SAR 30,000 per month, in case company is interested to pick as a possible candidate.
Please guide. Do you think, the same is good with idea to make savings of around SAR 10,500/- per month after all expenses. Will my idea work as all savings are tax free.