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There are many reasons why people emigrate to another country. Some are transferred abroad by an employer, others follow their partner, and some are simply looking for a job that brings them more money.
Are you looking for opportunities to work abroad? To help you find out what these places are, we have created this list. We present you the top 10 countries with the highest salaries in the world. You will find out in which state you can find a decent income and where it is worth staying to live.
10 Iceland, $2700
Iceland ranks tenth in the list of countries with the highest wages. It is one of the countries with the highest income equality and also the country with the lowest risk of poverty in Europe.
Iceland is one of the largest energy producers in the world (per capita). The thing is that the former economic policy based on the fish market has been quite successfully replaced by the recent diversification in the programmatic, financial and industrial sectors.
In addition, this country has one of the highest levels of medical services and other social guarantees. Iceland also has a very low crime rate.
9. USA, $2800
In ninth position in this ranking are U.S., which are one of the largest economies in the world. This country has a large amount of natural resources, a well-developed infrastructure, many industries, and is also the cradle of the largest technology companies. However, in this vast country, salaries can vary greatly depending on where you work.
Despite a developed economy and extensive geopolitics, in USA with its administrative structure, there are states in which the level of poverty, unemployment and crime is approaching a frightening mark. But, in general, this is one of the countries with the highest average salary in the world.
8. Denmark, $3000
This Scandinavian country ranks eighth in the ranking of states, with the highest average salary. Denmark is a country with one of the most comfortable living standards in the world.
The stable economy of this country stems from foreign trade, agriculture and natural resources. Also, a system for protecting the rights of hired workers is developed here, so Denmark has a very comfortable labor market for both employers and labor emigrants.
In addition to objectively high salaries (even in comparison with the average European indicator), it is worth noting the high standard of living of the Danes, which is also available to people who came to work in this country under an employment contract.
First of all, this concerns enviable economic stability, a comfortable social environment, low crime rates, observance of basic human rights, as well as the great attention of the authorities and the population to protecting the environment.
7. Singapore, $3100
salary in Singapore, the country of the accomplished economic miracle, is extremely high. The vast majority of economic expats in Singapore claim to earn more than they do at home, with 25 percent of them even claiming their family’s current income is over $100 a year.
The bad news is that life in Singapore is so expensive – especially rent – that a high salary here is necessary to cover basic expenses.
6. Norway, $3100
Norway is also included in the list of countries with the highest average salary in the world. The economy of this country is largely dependent on natural resources, which include oil production as well as hydropower.
Oil-rich Norway attracts well-trained migrants. 33 percent even claim to earn much more than at home. In addition, the balance between work and personal life is quite attractive here – for every working citizen, there are 42,9 hours of working time per week. This figure is well below the world average.
However, life here is also more expensive than, for example, in Germany. 71 percent of respondents say they also have to spend much more than in their home country.
5. UAE, $3100
If you have a lot of oil and little technical know-how in the country, you will have to buy it from abroad, including in the form of labor. 72 percent of labor emigrants in United Arab Emirates claim to earn more than in their own country. 16 percent even report having a family income in excess of $150 a year.
However, life here is very expensive. 67 percent say that the rent in this country is extremely high, 27 percent of those surveyed say that their salary is barely enough for them to live a more or less decent life.
4. Australia, $3300
Australia ranks fourth in the ranking of the highest salaries in the world. Who wouldn’t want to spend a season in Australia or perhaps stay here for permanent residence? This is one of the most comfortable countries in the world. Australia offers a unique lifestyle with one of the most enviable economies in the world.
In addition to the fact that the level of education in Australia is considered one of the highest in the world, specialists from other countries are in great demand in this country, especially if their profession concerns innovative technologies.
3. Kuwait, $3300
That there are so many Gulf states on this list is, of course, due to the rich deposits of oil and gas. This allows these countries to pay the high salaries they also need to attract foreign talent.
But Kuwait is a special case of its high level of average wages due to the fact that a large number of laborers come here from the poor countries of India and the Philippines. Overall, 62 percent of respondents say they earn less than $50 a year in Kuwait.
2. Luxembourg, $4800
Second on this list is the Grand Duchy Luxembourg. Many major insurers are based in the richest country in the European Union and one of the richest in the world.
Not surprisingly, salaries in Luxembourg are very high, with 76 percent of labor emigrants claiming that they earn much more here than in their home country.
Luxembourg is one of the so-called dwarf countries in Europe, and rents are accordingly very high. But thanks to the Schengen agreements, many Europeans living near Luxembourg can live close to the border and travel there every day to work.
1. Switzerland, $5400
В Switzerland Indeed, today the highest average salary in the world, however, the cost of living here is quite high.
It is a country with one of the most stable economies in the world and it is also home to huge fortunes, global institutions and organizations such as the International Red Cross, CERN, the World Economic Forum or FIFA.
More than 50 percent of migrant workers report household incomes in excess of $100 a year, 000 percent even more than $14.
Many of those who came to Switzerland to work under an employment contract, after a certain time decide to settle in this country and transfer their family here. However, obtaining citizenship in Switzerland is a rather troublesome business and can take (under favorable circumstances) several years.