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From: Jeffrey Epstein <[email protected]>
To: Richard Kahn
Subject: Fwd: Cost of moving to Cambridge
Date: Tue, 25 Mar 2014 22:43:35 +0000
when you are back
Forwarded message
From: Joscha Bach czi
Date: Tue, Mar 25, 2014 at 3:19 PM
Subject: Cost of moving to Cambridge
To: Jeffrey Epstein <[email protected]>
Dear Jeffrey,
we now have an estimate what it will cost to move. We are currently aiming for April 10th (the visa won't be
ready before March 31st, possibly a little later). To set up a bank account in the US, I will need to have the visa
approved. If you can indeed help with a check, it would make sense to split it in two (one for moving expenses in
Germany, one for setting up in the US).
Lufthansa currently has a flight at 2380 Euro ($3300) for all of us.
Getting a bunch of boxes to the US will cost about 4000 Euro ($5500).
Moving and storage for the rest of our stuff in Berlin (first year) will be 6835 Euro ($9475).
We need to pay some fees for visa, new insurances etc. which might come down to about $1500.
Initial household items (like beds for the kids, small kitchen appliances, a bicycle etc.) for the US will be about
$3000.
Rent for the first seven weeks will probably be around $7000 (we have not found a definite place yet).
For the place in June, we will have to provide a security deposit and extra month of rent: $4200.
Thus, there will be a one-time cost of 13215 Euro ($18240) for stuff in Berlin, and $15700 for stuff in
Cambridge (i.e. —$34000). No idea which taxes would come on top of that.
That is quite a lot to ask for; please let me know if it is possible to help us with such an amount!
We will have monthly recurring costs that look like this:
Rent: $3200
Phone/Internet: $170
Utilities: $250
Health insurance: $810
Pre-school: $1700
Childcare: $200
Public transportation: $140
Car rentals: $300
Groceries: $1000
Clothing: $300
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Travel: $600
Other expenses: $500
= $9170/month, or $110000/year. (For the first year, it's more like 100K, if the first couple of months of rent is
covered the setup-cost.)
On top of that are taxes. I do not know the applicable rate, but I my best guess is that it would be 30% income,
7.65% social security tax for foreigners, and a federal tax of 5.3%, i.e. 42.95%. (If the full tax rate applies to the
$110K, the required gross income would come to $193K. OMG. Still "no problem"?) As far as I know, MIT will
pay $60K.
Mira won't be allowed to work in the US (she only gets an H4 dependent visa).
Without your support, there would never have been any chance for me to work in a place like this, even with a
regular MIT salary. I am extremely grateful for this opportunity.
Cheers,
Joscha
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EFTA00985809
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