News
Top 10 countries with the highest expat salaries
The Covid-19 pandemic caused many people to pause, slow down and reflect on what they wanted from life. Now that the world is moving again, many people are considering emigrating to another country. Whether it’s to experience a new culture, more job opportunities, a change of scenery or a better climate, working abroad as an expat is an adventure that few regret.
So, if you’re considering working abroad, you’ll likely be interested in this list of Top 10 countries with the highest expat salaries. Keep on reading to find out where you could make the most money.
The number of expats coming to Japan has started to rise as Japan is now desperate to gain foreign professionals due to its ageing population. In particular, Japan wants skilled researchers, entrepreneurs, and engineers.
In terms of financial gains, a middle manager in Japan will earn around £306,000 a year in an expat package. Independently, you could get an income of around £36,000 for a service professional or £176,000 for a manager role.
For anyone in the science, AI and IT industries, China is a great place to go for work. There is such a demand that expat salaries reflect the desperation! For an expat package as a middle manager, you’re looking at $276,000.
As far as expat packages go, Hong Kong averages are around £225,000. If you’re going in independent without an expat package, you can earn a gross income of £33,316 as a service professional up to £200,000 in a management role.
Though Turkey isn’t usually seen as a country that actively seeks a foreign workforce. However, you can find many international companies who are looking for skilled employees. If you’re heading to Turkey, you might actually be surprised by the sorts of salary you can earn there as an expat. You can earn a salary of £220,000!
Australia is quite a common place for expats to seek work – and that’s partly due to the large potential salaries of up to £216,000 per year. You can expect to pay a high amount of tax, however. Independently sourcing work will get you an average of £38,000 as a service profession and £51,500 in a management role. The high living standards and great lifestyle means Australia is a great place to go as an expat.
Skilled professionals who move to Canada as expats can earn between £57,000 and £95,000 a year. A project manager earns £46,000 on average while a senior manager in Finance could earn as much as £82,000.
A company relocating you to France can potentially get you a middle leader package of up to £184,000 a year. Even without an expat package, you can earn £29,000 as a service professional up to £184,000 in management.
Expats can get fantastic benefits packages in the USA and can earn as much as £208,000 as a high-ranking professional. Without an expat package, you can earn £45,000 as a service professional or an average of £283,000 as management.
In Switzerland, your average expat package is around £204,000 a year. Service professionals can get £69,000 and management, £320,00. Of course, you need to consider the higher cost of living, but these salaries will certainly cover that and more.
Last but not least in our Top Ten Countries with the Highest Expat Salaries list is Saudi Arabia. Being a tax-free country means everything you earn is yours to keep. In terms of average salaries, you could expect an HR manager to earn £50,000, and a CEO to earn £121,000.
Though a high salary is one thing, expats also need to consider how much of their salary will go on tax and what the cost of living is like. What’s more, if you intend to return home frequently, you’ll need to factor that into your costs.