World`s highest paid expats are booking Mumbai |
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. That`s more than double the global expat average of $99,903, the HSBC Expat survey shows. Other Asian cities joining Mumbai in the top 10 expat salary rankings were Shanghai, Jakarta and Hong Kong. While expats in Asia were generally well compensated financially, all — including Mumbai, the megacity home to more than 18 million people -- ranked lower in expat job opportunities than UK and US destinations such as London, San Francisco, New York, or even Birmingham, according to HSBC. The financial and technology hubs of the US and UK are the most attractive for ambitious expats eager to push their career to the next level, according to Dean Blackburn, who heads HSBC Expat. 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.
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