Young professionals who move abroad before they turn 35 see bigger increases to their earnings and get promoted more quickly, according to HSBC Holdings PLC’s annual league table of the best places for expats to live and work. They see average wage increases of 35% after relocating overseas, with the average salary rising to $54,484 from $40,358, while earnings in the 35-54 and 55-and-over age brackets increase just 24% and 9%, respectively.
The best pay packages for young professionals are to be found in Indonesia and Turkey, according to the bank.
Overall, these are the top markets for expat employment based on lifestyle and advancement factors, according to the survey.
1. Switzerland
2. Singapore
3. Canada
4. Spain
5. New Zealand
6. Australia
7. Turkey
8. Germany
9. United Arab Emirates
10. Vietnam
11. Bahrain
12. Isle of Man
13. Poland
14. Ireland
15. Hong Kong
16. Malaysia
17. France
18. India
19. Jersey
20. Sweden