In a recent study by ECA International, Saudi Arabia stands out as the top destination for expatriates, boasting the highest salaries worldwide.
A Lucrative Choice:
Expats flock to Saudi Arabia as it offers the most generous average salary for middle managers globally, amounting to £83,763 ($107,000).
Consistent Excellence:
Despite a 3% decrease from the previous year, the average pay in Saudi Arabia remains unparalleled, attracting professionals from various industries.
Global Rankings:
The MyExpatriate Market Pay Survey ranks Japan, India, and China in the 2nd, 3rd, and 4th positions, respectively, after Saudi Arabia.
Benefits and Taxes Matter:
While other countries may rank high in overall expenses for expats, Saudi Arabia excels in providing higher net incomes due to lower costs of benefits and zero personal taxes.
UK vs. Saudi Arabia:
The UK, though not the most expensive overall, incurs a substantial package cost due to higher taxes and benefits, overshadowing the importance of salary in the package.
Hong Kong Rising:
Hong Kong rises to become the fifth most expensive city to send expats, showcasing its allure despite the decline in actual terms.
Singapore in the Mix:
Singapore secures the sixteenth spot in the global ranking, maintaining its appeal to international workers.
Unlock Your Potential in Saudi Arabia:
With its competitive salary packages and tax advantages, Saudi Arabia continues to be an enticing destination for professionals seeking excellent career prospects.
