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Emerging economies are best for high wages and quality of life
| Published: | 8 Apr at 6 PM |
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As the 2014 Expat Explorer gets underway, results from the 2013 poll are showing that emerging economies give the best chance of a good expat quality of life on a more than decent wage.
Last year’s survey showed that expats in Asia are the highest-paid in the world, with those in India, Indonesia, Vietnam and China receiving remuneration packages higher than the global average. China and Indonesia had the highest number of expats earning over $250,000.
The survey also showed that Europe was the worst place in the developed world for salaries, which averaged out at just $53,000. Personal development and career progression opportunities were highest in Mexico, Turkey, Vietnam and Indonesia, and quality of life in emerging economies as a whole was far higher than in Europe.
Increased earnings potentials were expressed in private healthcare and other lifestyle aids, and enhanced job security in Asia improved the expat quality of life by removing stress. Twice the number of expats in emerging economies felt stable in their jobs, as compared with respondents working in Europe.
Emerging nations are now concentrating on development in their tech sectors, creating stable jobs for migrant professionals in the field of IT. Southeast Asia is leading the hunt for the best foreign-born talent, with many young millenials taking more senior roles in development.
Last year’s survey showed that expats in Asia are the highest-paid in the world, with those in India, Indonesia, Vietnam and China receiving remuneration packages higher than the global average. China and Indonesia had the highest number of expats earning over $250,000.
The survey also showed that Europe was the worst place in the developed world for salaries, which averaged out at just $53,000. Personal development and career progression opportunities were highest in Mexico, Turkey, Vietnam and Indonesia, and quality of life in emerging economies as a whole was far higher than in Europe.
Increased earnings potentials were expressed in private healthcare and other lifestyle aids, and enhanced job security in Asia improved the expat quality of life by removing stress. Twice the number of expats in emerging economies felt stable in their jobs, as compared with respondents working in Europe.
Emerging nations are now concentrating on development in their tech sectors, creating stable jobs for migrant professionals in the field of IT. Southeast Asia is leading the hunt for the best foreign-born talent, with many young millenials taking more senior roles in development.
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