The World’s Highest Paid Expats Live in This Place
- Mumbai tops expat salary rankings according to HSBC survey
- Asia dominates with four of top ten cities for expat salaries
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. That’s more than double the global expat average of $99,903, the HSBC Expat survey shows.
“Mumbai has the highest percentage of expats sent by their employer — these expats often benefit from relocation packages which goes some way in explaining the higher salaries expats enjoy in the city,” said Dean Blackburn, who heads HSBC Expat. He also cited high employment and experience levels among expats and a substantial stake of engineers relocating from German and other infrastructure companies as reasons for Mumbai’s top slot.