- Japan offers expats the highest salaries in Asia
- While Australia may not offer very high salaries, its coastal lifestyle invites expats
- The UK and Switzerland are great places for financial professionals
What are the best countries in the world to work if you are looking for a good pay? Here is a list of 10 countries.
It isn’t rare for people to move cities and even countries in search of better work opportunities and financial opportunities. Every country does not have equal earning opportunities.
The latest My Expatriate Market Pay Survey by ECA revealed a list of ten countries that offer expats pay packages that are higher than the global average.
Surprisingly, some countries like Singapore that are known for their ease of living did not fall into this list. However, our list is compiled taking both the pay packages and living conditions.
Here are the top 10 countries you should look at moving to if you want a better financial future
A Comprehensive List of 10 Best Countries To Work
|Country||Average Salary For Expats|
1. The United Kingdom
The UK is ranked number 1 globally in terms of expat pay packages. It is one of the best places for people working in the IT, finance, AI and digital and science innovation sectors.
There is a shortage of skilled professionals in the UK and unemployment levels in the country are currently quite low. Industries in need of these skilled professionals are seeking expats and offering financial incentives to encourage them to work here.
On average, expats in the UK earn over $390,000 annually. Employees at management level positions earn an average of $230,721.
Japan offers the highest pay packages for expats in Asia. Though Japan is not yet as attractive for foreigners in terms of ease of living, the country has been looking at encouraging expats to work her to counter its growing aging population.
This is the ideal place for researchers, entrepreneurs, engineers, managers, and professionals. Expats at middle management levels in Japan earn as much as $375,289 annually. In addition to a good salary, Japan also offers stunning vistas, cutting edge infrastructure and high quality of life.
China is currently looking for skilled professionals in the field of AI, IT and science. The country has a shortage of skilled specialists in this area. To encourage people to move here, the Chinese government has recently eased the green card policy for professional immigrants.
On average, mid-management level expat employees in major cities can earn $276,400. This is inclusive of benefits such as medical insurance.
4. Hong Kong
Hong Kong has always been a popular destination for expat workers. Finance is one of the major employment sectors in the country. On average, expats in Hong Kong can earn an annual salary of $271,400.
They can also benefit from a lower tax structure. However, it is important to know that work hours are much longer in Hong Kong than in other parts of the world.
Turkey may not be the country you picture for employment opportunities but it does attract a large expat working population. Many international companies send their employees on assignment to the country.
Mid-level management expat employees can earn an annual salary package of up to $266,298. Expats also get to enjoy a comfortable Mediterranean lifestyle in Turkey.
Australia encourages expats to move to the country as part of international companies as well as independent professionals. Expats can earn as much as $264,963 a year.
However, Australia has the highest taxes and that can eat into a significant portion of your salary. What Australia loses out on financial incentives it makes up for with its coastal lifestyle and natural beauty.
Canada is actively searching for skilled immigrants in many fields. It is relatively easy for skilled immigrants to move to Canada. Highly skilled professionals can earn anywhere between C$90,000 and C$150,000 a year.
The average salary for a software developer is about C$63,905. Depending on the field of work and experience level, expats can even earn higher salaries.
The IT industry in France employs a number of expats from China, India and the Middle East. The country also employs expats in the AI and other science fields.
To encourage expats to move to France, the country recently launched a technology visa for skilled professionals in this field. With the visa, a number of opportunities have opened up for international startups and French companies seeking to employ expats. Annual salaries for expats employed at middle manager positions are around $255,288.
9. The USA
The USA has always attracted skilled professionals, innovators, and entrepreneurs. However, with work visas becoming more difficult to get, the country is not as popular a destination as it once was.
Professional expats in the USA can earn an annual salary of around $252,903. Expats employed at management level positions can earn much more with an average annual pay package of $382,189.
Last on our list of 10 best countries to work is Switzerland. The country employs a number of expats in its financial industry. Switzerland is one of the highest paying countries across the world but also has a very high cost of living.
Given the career opportunities it offers, many expats consider moving to the country a good idea. On average, expats can earn around $246,971 a year while management level employees can earn as much as $431,603 annually.