One of the most important factors to consider when moving abroad is how you are going to financially support you and your family. Whether you are looking to embark on a brand new career or remain in your current field of expertise, finding the best place to work can be daunting – but don’t worry, we’ve got your back! We’ve done the research for you and have narrowed our findings down to three categories:
Top places to work abroad for a good income
- Switzerland – Average Income for Expats: $202,865. Coming out on top as the best place to work in the world and make a good income is Switzerland. It’s high salaries are known to be almost twice the global average, which reflects an advantageous tax system and high costs of living. However, solid career opportunities and high living standards are worth it, right?
- USA – Average Income for Expats: $185,119. America has always been a magnet for budding entrepreneurs and highly skilled innovators. Those who work there are extremely ambitious and driven by passion and determination. Salaries in the US tend to be higher than those in Europe, due to their high GDP and they also have an incredibly diverse economy.
- Hong Kong – Average Income for Expats: $178,706. Expats tend to benefit from the lower tax regime and therefore enjoy a higher disposable income in Hong Kong. The working day for employees in Hong Kong tends to be longer than what we may be used to here in the UK, however many say that the financial reward is very much worth it! It is also recognized to be one of the best places to advance your professional career, especially for those in finance.
- China – Average Income for Expats: $172,678. It’s thought that the high salaries in China reflect the demand for expat specialists in sectors such as IT, artificial intelligence and science. The more experienced you are in your field, the higher your income. China is always on the hunt for specialists with over five years worth of experience and value foreign expertise very highly.
- Singapore – Average Income for Expats: $162,172. To keep up with it’s booming economy, Singapore is always on the look out to hire specialists from overseas. The salaries there are known to be extremely lucrative and competitive, as you can probably imagine.
Best countries to work in for the best work-life balance
- Denmark. Denmark is one of the countries with the shortest working week! You can expect to work a total of 39.7 hours per week. Compared to the global average of 44.3 hours per week, this doesn’t sound too shabby! This allows the people of Denmark to have a fantastic work-life balance and may expats are drawn to Denmark because of this.
- Bahrain. A great 69% of expats working in Bahrain, would say they are satisfied with their work-life balance. The average working week in Bahrain is just below average, at 42.9 hours per week, which allows plenty of time for relaxing and leisure activities.
- Norway. Like Bahrain, Norway’s working week consists of 42.9 hours per week. Getting the work-life balance bang on is very important for Norwegians, therefore expats can expect this attitude to be incorporated into their new lifestyle!
- Czech Republic. Although the Czech Republic has the longest working hours out of the 5 countries, 75% of expats would say that that they are positively satisfied with their job and that the longer hours doesn’t jeopardize the important of a healthy work-life balance.
- New Zealand. New Zealand workers tend to spend two hours less at work that the global average, meaning they have two extra hours to socialize, do activities and chill out. No wonder it’s on the top five places with the best work-life balance!
Best countries to work in for the amount of job opportunities
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