What should I expect from moving tech jobs from USA to Europe?

11 yoe Senior Software Developer here, I'm working at a non FAANG job, 180k. I'm looking at moving to Europe in the next few months. The salaries look about 1/3 of what I make, and yet the cost of living seems to be the same with higher taxes. While I'm willing to sacrifice that to move, I'm wondering if there's a best of both worlds approach? Perhaps get a FAANG job and relocate first day? It would be nice to just keep my job and work remote late nights, but I think I need a work visa to live over in Europe , and that needs to be sponsored by a European company. Any thoughts or suggestions would be appreciated. Thanks