Best and worst expat countries for high pay
By Kirsten Hastings, 13 Apr 17
The best places to earn a decent annual wage without having to work around the clock are in western Europe. Eastern Europe fared badly but Mexico ranked bottom, a recent report by ExpatFinder found.
The land of the midnight sun might be a challenge to those of us who like regular daylight hours to keep up the daily rhythm of life, with more than 20 hours of sunlight per day in the summer, and the opposite in winter. Norway gets between 98 and 99% of its electricity from hydroelectric power, meaning that if being green is a priority for you, this is the place to be.
They also got so good at recycling that they ran out of garbage, and have to import it from the rest of the EU to help fuel their energy programs.
“Our data analysis shows that Luxembourg, Switzerland and Norway rank the highest among OECD countries when it comes to an average worker’s hourly wage compared to the number of hours he puts into work,” said ExpatFinder chief executive Sebastien Deschamps.
“However, for married expats relocating to these countries with their children, OECD’s recent report on taxes on labour income brings additional good news. The average tax rate for married employees with 2 children in Luxembourg and Switzerland rank significantly lower than the OECD average in 2016, thanks to generous family benefits.
“So, it is not surprising to see globally mobile talents with families making these markets their destination of choice in Europe.”
Tags: Luxembourg | Mexico | Switzerland