Savings

PJH Member

12POSTS

13 years ago

I got an offer from SAFCO-Sabic. 10000 SAR+10% Transportaion allow+25% housing allow or company provide residence. Also company shall give free medical insurance , free education, round trip to home place in a year and 22+7 paid leave.

I have a fmly pf 03 with a 4.5 year daughter.
Can any one give some idea about the cost living with my fmly in Jubail along with some savings.

Waiting for some valuable advice.

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PJH Member

12POSTS

13 years ago

Thanks David

Alliecat ViP

8790POSTS

13 years ago

You can read about cost of living in these threads:

https://www.expat.com/forum/536-22-cost … ubail.html

Of course, it always comes down to what standard you need to be happy. Some people require a lot and some people are happy with less.

Good luck.

Roopster Member

19POSTS

13 years ago

Hi PJH,

SABIC is one of the top companies around.
What you have mentioned is typical standard family status contract that SABIC adn its affiliates provide. MEdical insurance is one of the best. I taki it you are from India - If so, free education will be at the Indian Embassy school in Jubail which follows the CBSE standard. Quality of education is not excellent. Also free education only starts from Grade 1 onwards. Prior to that, LKG and UKG also available but ou would have to the fees for that.
Free education means you pay the fees yourself to the school and then request for reimbursement from SAFCO.

Do clarify in detail (in writing) what is the company provided housing (furmished, inclusive of utilities, etc.) 25% housing allowance of 10K PM indicates a 30K PA for housing. For this you will not get a compound. You may find an apartment in Jubail downtown, but will be unfurnished and you would have to furnish it yourself completely including all white goods, hard adn soft furnishings. Furnishing a 2 BR apartment can easily cost 20K plus.

Hope the above is of some help.

Regards