Go East, expatriates looking to make the big bucks.Mumbai, India’s financial, commercial and entertainment capital, tops global rankings for expat salaries, according to a survey conducted by HSBC Bank International Ltd.Foreigners moving to the subcontinent’s most populous city reported average annual earnings of $217,165. Dublin , a tech center in Europe, also ranked in the top five for expat job opportunities, but was below the global average in expat salaries. Nonetheless, 61 percent of expats in the capital of the Republic of Ireland reported an improved work-life balance.Switzerland, the nation that has previously topped country rankings for expat salaries, had two cities in the top five. Zurich , home to banks including Credit Suisse Group AG and UBS Group AG and a tech hub for firms including Alphabet Inc., reported the third highest expat salaries, while Geneva , the base for some of the world’s biggest commodities traders including Trafigura Group and Mercuria Energy Group, was fifth.Despite Switzerland’s notorious living costs, the country’s high salaries and low personal tax rates saw 77 percent of expats in Zurich report that their disposable income had increased since moving. In fact, over half of Zurich expats reported that they are living in a better dwelling than they did at home even with the Swiss city’s expensive rental and property markets.And while Berlin and Prague rank toward the bottom of HSBC’s list of 52, the majority of expats in those cities said the cost of living is affordable.

Source: Economic Times February 26, 2018 01:41 UTC