- Mumbai tops global rankings for expat salaries, according to a survey
- Shanghai, Jakarta Hong Kong also in top 10 expat salary rankings
- Foreigners moving to Mumbai reported average annual earnings of $217,165
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 mega-city home to more than 18 million people -- ranked lower in expat job opportunities than U.K. and U.S. destinations such as London, San Francisco, New York, or even Birmingham, according to HSBC.
"The financial and technology hubs of the U.S. and U.K. are the most attractive for ambitious expats eager to push their career to the next level," said Dean Blackburn, who heads HSBC Expat.
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.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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