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.
It’s not a surprise that the Luxembourg comes at the top of our list, said ExpatFinder.
It’s the second richest country in the world and has the highest minimum wage in the EU at $2,035 (£1,628 €1,917) per month. It is one of the smallest and least populated countries in the world but has plenty to offer citizens including a restaurant with the world’s largest wine selection, an extremely low crime rate, and surprisingly advanced healthcare facilities for such a small place.
“Despite the high cost of living and the recent turbulence around the Brexit decision, families are still being attracted to Luxembourg for work, due to some of the highest average wages in the world and its prime position at the centre of Europe. [The OECD’s] Taxing Wages 2017 report showed very little change across the board compared to last year, exemplifying how stable the country is, both politically and economically, in such turbulent times,” said Stephane Compain, chief executive of LuxRelo, which provides relocation assistance to expats in Luxembourg.
Tags: Luxembourg | Mexico | Switzerland