Just recently started researching the Silicon Valley culture and I'm worried about two things -
1). Landing a job as a newcomer that will pay me more money than London adjusted to the COL. +30% more "profit" would be worth the hassle. Am I shooting too high?
2). Would I have any issues getting such an amount at 35? Maybe 20-somethings are percieved as more productive in the Valley?
I don't have a work visa and my plan is working my way towards the O-1.
3). My guess is that through H-1B I wouldn't be able to achieve my desired rate due to international competition - is this accurate?
With L-1 I'd have to go permie in the UK first, meaning accepting a significant pay cut.
I'm a UK citizen. Any insights about moving from UK/London to Silicon Valley appreciated.
Whichever initial visa route you take make sure your employer starts your green card application as soon as they can.
SF doesn’t feel like a big city in the way NY or London does (LA is the major city in California.) There is substantially less cultural life here. If you work in Silicon Valley (best jobs are there) you’ll be working in an office park 30-50 miles from downtown SF.
The hardest thing I’ve found is the 8 hour time zone difference makes staying in touch with friends and family harder. Can’t just call someone in the evening.
Even if you live and work in SF you’ll probably want to get a car so you can easily get out and see California. There is outstandingly beautiful nature around here.
Why not buy property and make additional income from being a landlord or something? You could even try to start a side project if you're willing to take the risk?
I live in the UK and I thought about moving to the states a few years back, but being close to family and friends at least for me is worth more than the marginal pay increase.
You could also improve your quality of life moving out of London. Contracting rates are quite flat across the UK. I own a lovely house in the South West, but if I were living in London I'd probably only be able to afford a small flat. But it's not just housing everything is cheaper here. In London you can earn very good money but still feel relatively poor which might be part of the problem here.
Sorry, I know I'm not really answering your question. Just some things to think about. =)
My gut is that if you're good and interview well, you could probably pull in $300-400K including stock compensation (maybe $150-160K salary), which would easily make it worth your while. The final word is always the offer letter, though, so get as many offer letters as you can and play them off each other.
Look for contacts in those companies and try and land a gig there. Far easier than relocating and dealing with Visa issues in the US.
In your case I think you'll be paying around 8% because you have a higher income and you'll need to start an actual company.
The valley generally holds ppl with VISA hostage and they prefer cheaper caught in visa trap workers. Unless you bring extraordinary knowledge and skillset, in particular Sr dev/Scientist/PhD in AI/ML/CV. Coming here would be a disappointment.
You are in the "2nd" silicon valley now making good money. I would stay there and if so inclined. Best you find a position there of an American Silicon Valley based Co you could either move laterally or travel/visit. I think that's the far better way to see what's up here before leaping into the dark waters. Silicon isn't what it used to be.
The visa trapped people are generally chinese/indian. Low salary, stuck for years competing in cutthroat environment. Not to sound too racist, if you're 6' white male with ppl mgmt, then silicon valley maybe your calling. An almost guaranteed meal ticket to success if you can make the right connections. PS> I'm not 6' white male. Places you would be good for if you're 6' white male: FAANG+M and startups.
Much disillusionment here.
Your "problem" isn't so much making more. It's simply getting more and that is a typical problem one faces anywhere. Best you boost your skillset, move to another Co for more pay. That's the only way you make more regardless of location.
TL'DR: Again, if you're trying to make more money, best you boost your skillset and move to different company. Countless stories of people jumping co and in few years literally make double coming back to the same Co. One can easily boost 10-20% then move BACK to for another 10-16%. It's incredulous how you can make the earth move while at the company, but companies are unwilling to move your salary instep. However, you can move out increase your skillset a tad, then move back only get 20% more. Why? Because NO company will give you a 20% raise. NO company. However, you coming in from outside with bit more experience in new stuff. Some reason they will pay whatever you want.
PS> Didn't address your age. 35 is pushing it. here in the valley, at 35, your boss may be at least 5yrs if not more younger.
PPS> You must be single, regardless of age. Wife....ok, kids...you won't get hired
Do I sound bitter? Biased? Full of Resentment? yup :) If you're a minority w no EQ but plenty of IQ, there is a glass ceiling made of gorilla glass v99