Expatriates in India

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However, India's low cost of living and high salaries work in its favour, with the country getting a high ranking of 9 in the Personal Finance index. The country also wins points for its friendliness.
 
However, India's low cost of living and high salaries work in its favour, with the country getting a high ranking of 9 in the Personal Finance index. The country also wins points for its friendliness.
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=Salaries=
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==2018: Mumbai pays world’s highest==
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[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2018%2F02%2F27&entity=Ar02414&sk=E7958D9F&mode=text  Expats get highest pay in Mumbai, February 27, 2018: ''The Times of India'']
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[[File: Annual expat salary, 2018.jpg|Annual expat salary, 2018 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2018%2F02%2F27&entity=Ar02414&sk=E7958D9F&mode=text  Expats get highest pay in Mumbai, February 27, 2018: ''The Times of India'']|frame|500px]]
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Go East! Expatriates looking to make the big bucks. Mumbai — the country’s financial, commercial and entertainment capital — tops global rankings for expat salaries, according to a survey conducted by HSBC Bank International.
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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.
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“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.
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Other Asian cities in the top 10 expat salary rankings were Shanghai, Jakarta and Hong Kong.
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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 the UK and the US destinations such as London, San Francisco, New York, or even Birmingham, according to HSBC.
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“The financial and technology hubs of the US and the UK are the most attractive for ambitious expats eager to push their career to the next level,” Blackburn said.
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Dublin, a tech centre in Europe, also ranked in the top five for expat job opportunities, but was below the global average in expat salaries. Nonetheless, 61% of expats in the capital of the Republic of Ireland reported an improved work-life balance.
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Switzerland, the nation that has previously topped country rankings for expat salaries, had two cities in the top five. Zurich reported the thirdhighest expat salaries, while Geneva, the base for some of the world’s biggest commodities traders, was fifth.
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Despite Switzerland’s notorious living costs, high salaries and low personal tax rates saw 77% 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.

Latest revision as of 01:18, 28 February 2018

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Contents

[edit] The Top Expat Destinations

[edit] 2016: India no.49

The Top Expat Destinations, 2016

India was one place behind China, but ahead of Denmark, Indonesia and Turkey

Source InterNations.org

[edit] 2017: India drops by eight ranks

India no country for expats, finds poll | Sep 08 2017 | BLOOMBERG


The Expat Insider survey is conducted each year by InterNations, a network of 2.8 million expats based in Munich. It aims to capture the views of millions of executives, skilled workers, students and retirees who live outside the country where they grew up. There are about 50 million expats worldwide, according to market research by Finaccord.

The best and worst Expat Destinations, 2017

The top-ranked country in 2017 is Bahrain, given high marks by its expats as a place to work and raise a family and for making foreigners feel welcome. Greece was at the very bottom of the list, weighed down by its econom ic problems.

The Top Expat Destinations, 2017

[At no.57] India is one of the least favourite places to live and work in for expats, according to the poll. It ranks among the bottom 10 on the list. One of the expats' favorite places to work is China, where two-thirds of respondents are happy with their careers. But China ranks 55 [only two ranks above India] out of 65 because of quality of life.

The UK ranks 54, down 21 places from last year's survey , after Brexit. Before the vote, 77% of expats in the UK had a favorable opinion of nation's political stability--down to 47% this year. The US is ranked 43rd, 17 places lower than last year.

[edit] 2017/ Why expats don't want to live in India

Sonam Joshi, Why expats don't want to live in India, Sep 9, 2017: The Times of India


A survey of 12,500 expats around the world has ranked India as among the 10 worst countries to live and work in. India secured the 57th position among 65 countries, falling eight places from its rank in 2016. Despite giving good ratings for high salaries and low living costs, expats in the country struggled with pollution, long working hours, culture shock, personal safety concerns, poor family life and below-par quality of life. The annual Expat Insider survey covers respondents from 166 nationalities living in 188 countries.

The country also fails to get a thumbs-up from women expats: more than half (nearly 52%) said that they feel unwelcome here due to their gender.In this respect, it ranked among the bottom five along with Kuwait, Qatar, Saudi Arabia and Japan. Around 31% of female respondents moved to India for their partner's job or education. Though 47% had a postgraduate degree or PhD and another 37% had a bachelor's degree, nearly a third stayed at home to look after the household. This could be possibly due to the fact that 47% of expat mothers found it difficult to find childcare in India.

This year, India's ranking fell 10 pla ces to 39 out of 45 countries in the Family Life Index, largely because of limited options for children's education. Around 29% of expat parents were unhappy with education in the country, with 54% sending their kids to international schools and 54% also finding education difficult to afford. India also ranked last in the Family Well-Being subcategory .

India also performed poorly in the Working Abroad Index, with a rank of 49 among 65 countries. Nearly three in every 10 expats in India were unhappy with their work-life balance, probably due to long working hours, with expats on full-time jobs clocking in 47.7 hours per week, three hours more than the global average. Before moving to India, nearly 36% of respondents believed it would have a negative impact on their personal safety . This did not change upon their arrival, with 29% being unhappy with security .

However, India's low cost of living and high salaries work in its favour, with the country getting a high ranking of 9 in the Personal Finance index. The country also wins points for its friendliness.

[edit] Salaries

[edit] 2018: Mumbai pays world’s highest

Expats get highest pay in Mumbai, February 27, 2018: The Times of India

Go East! Expatriates looking to make the big bucks. Mumbai — the country’s financial, commercial and entertainment capital — tops global rankings for expat salaries, according to a survey conducted by HSBC Bank International.

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.

Other Asian cities 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 the UK and the US destinations such as London, San Francisco, New York, or even Birmingham, according to HSBC.

“The financial and technology hubs of the US and the UK are the most attractive for ambitious expats eager to push their career to the next level,” Blackburn said.

Dublin, a tech centre in Europe, also ranked in the top five for expat job opportunities, but was below the global average in expat salaries. Nonetheless, 61% 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 reported the thirdhighest expat salaries, while Geneva, the base for some of the world’s biggest commodities traders, was fifth.

Despite Switzerland’s notorious living costs, high salaries and low personal tax rates saw 77% 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.

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