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Living in another country involves gaining promising professional experience. Different professions are in demand in the global labor market. New prospects are opening up abroad for IT specialists, medical professionals, engineers, and entrepreneurs. Immigrants with working professions can also find simple jobs.
With the rising cost of living, the size of the salary is a crucial factor in choosing a location. It depends on the sector of the economy and its priority, and corresponds to the national average. An analysis of the state of the labor market, the price index, and key trends allowed us to identify attractive areas. These aspects help to assess the prospects and choose the best route for labor immigration. Let's look at specific examples of what incomes citizens of different countries receive.
Where can you earn the most abroad
Good earnings are offered exclusively by countries with growing economies. According to statistics, they vary significantly in different regions of the world. Employers have to compensate for the costs of renting housing and groceries in megacities with high salaries.
Language skills, professional certifications, and upgraded soft skills increase the value and market value of an employee. A certified accountant is paid more than a colleague without a CPA. Taking business intelligence courses will be another reason to raise your salary. It is easier for a programmer with 10 years of relevant experience in large projects / international companies with PMP (Project Management Professional) certification to get a position and make a career.
Ranking of countries with the highest salaries
The Agency for International Mobility International (ECA) conducted an analysis of earnings growth. The Asia-Pacific region has become the leader. Last year, the increase was +1.8%. Another +2.2% is expected in 2024. Incomes in Arab countries for comparison in $:
- Qatar: 3,170;
- Saudi Arabia: 1,888;
- Kuwait: 1,855;
- Bahrain: 1,728.
According to Eurofound statistics, salaries in European countries are conditionally divided into 3 groups. The first includes locations with salaries up to € 890; the second – up to € 1,304; the third – from € 1,700. Moreover, the maximum income is 7 times higher than the minimum. If in Bulgaria they amount to only 399€, then in Luxembourg they amount to 2,387€. As for America, according to the Federal Bureau of Statistics, the average monthly salary of migrant workers is $5,300 or $64,000 per year.
Switzerland
According to Ceoworld magazine, the Swiss have the highest earnings. As in other developed countries, accruals are based on the gender principle. The pay gap between women and men is 9.5%. Management explains the difference between the position and workload. A minimum threshold is set for employees with specialized education and little work experience: 5,300€. The average salary of qualified specialists significantly exceeds the minimum. I independently approve the minimum wage based on the cantonal minimum amount: 19-23 francs per hour. Engineers, accountants, lawyers, teachers, architects receive €6,000-8,100. Programmers and doctors are paid 10,000€. Unskilled labor of handymen, cashiers, hairdressers is paid at the minimum rate: 2200-4200€.
Luxembourg
According to Eurostat, the Grand Duchy is home to some of the most affluent citizens. It ranks second in terms of salaries in Western Europe. High GDP and career opportunities make Luxembourg an attractive destination for relocators. The priority is given to employees of the banking sector, engineers, and other specialized specialists. The average income of qualified staff without taxes is 4,358€. Handymen are paid about 2,572€. As for the median salary, it reaches 3,540€ per month and 42,483€ net per year. This is twice as much as the EU average (€1,531). According to Social Security Statistics (IGSS), 67,000 people in the country receive the minimum wage. There are 16% more men than women.
The United States
In the United States, as of January 2024, employees were paid $28.26 per hour or $4,521 per month, which is 5% higher than last year. The annual income is $55,000, but a state-by-state sample shows that Americans earn more. In New Jersey, it reached $75,024, in New York - $87,792, in Massachusetts – $87,938. Moreover, Americans earn well in megacities and suburbs. Salaries in the Americas are expected to rise by another 2%.
Taxes in the United States are not fixed. Payments depend on income. Residents with annual earnings of up to $10,275 can count on the minimum 10%. Average amounts (up to $55,000) are subject to a rate of up to 22%. The maximum percentage is 37%. It is relevant for people earning $540,000.
| Profession | Salary per year, $ |
| The trucker | 90,000 |
| Doctor | 84,430 |
| Policeman | 80,000 |
| IT specialist | 77,000-89,000 |
| Teacher | 52,000-65,000 |
Iceland
As of December 2024, the salary in rubles has reached 355,100 rubles. At enterprises with up to 15 employees, incomes do not exceed 213,060rubles. Companies with at least 100 employees pay 319,600-390,600₽. In an industry with at least 250 employees, the salary is at least 497,140₽. In the public sector, earnings start from 284,080 ₽. Income in the IT sector: 303,670-464,000₽, marketing: 194,990-303,670₽.
Healthcare professionals and accountants are paid the most in Iceland (409.150₽). People with doctorates receive large sums of money. In Icelandic crowns (ISK), the amount is 13,559,349. Masters earn about 9,554 ISK. People with 20 years of experience are paid at least 11,582,807 ISK, with 8-12 years of work experience: 10,090,035 ISK.
Denmark
In the industrial and agricultural country, net salaries in crowns exceeded 38,856 (5,200€) this year. However, the cost of living and income tax are high here (8-56.48%), rental housing (750 € in the capital). Relocators with university degrees are invited to the country and are offered good incomes.
| Specialization | Monthly salary,€ |
| Pharmacist | 8,850 |
| Analyst | 7,300 |
| Engineer | 7,500 |
| Teacher | 6,750 |
Netherlands
Citizens' salaries are regulated by the state and indexed twice a year. In 2024, the gross salary was €41,520 or €3,460 per month. The country is actively developing the IT sector (€64,500), finance (€48,800-€73,745), engineering 43,945-€55,353, and healthcare. Doctors' salaries per year reach 108,636euros. We also need architects, builders, teachers, teachers, machine operators and mechanics with salaries of 30,000-60,000euros. Specialists with primary Junior education receive 20-30% below the average level in the industry. But qualified Senior employees are charged the same percentage more.
Germany
It is one of the richest countries in the world. The average income directly depends on qualifications, relevant experience, and region. Industry minimum wages are negotiated with trade unions and employers. In 2023, earnings per hour were €12, and this year they reached €12.45. The gross salary is above 4,000euros, but 14-45% of social and medical insurance and pension contributions are deducted from it. On average, employees receive about 60-70% of the amount. Most of the population earns in the range of 3,444-3,850€ per month. About 20% charge about 1890€. The income of IT specialists is more than 5,000€. Doctors have even higher prices: 6,000-10,000euros. Engineers are paid 4,500€. In the field of science and education, specialists earn 4,000-5,000euros.
Belgium
The government does not regulate the average financial threshold, but this does not prevent incomes from growing. Salaries of Belgians have increased by 3.4% in 5 years. Since April 2024, the minimum wage has been 2,030euros. Qualified personnel are paid an average of up to 3,400 € without taxes, people without higher education – 2,100 €. The average salary in the capital is 14% higher (almost 4,000euros) than in the regions. In Leuven, it is 3,600 €, in Nivelle and Antwerp – 3,500€. Dinan closes the list (2,590€).
| Professions | Monthly salary,€ |
| Lawyers and financiers | 10,000 |
| Managers and employees of insurance companies | 7,000-8,000 |
| University teachers | 5,000-6,000 |
| Doctors of public hospitals | 3,000 |
| IT technology specialists | 3,400 |
Canada
The average salary of handymen is from 31,000 CAD. According to the StatCan report, the year-on-year growth in average hourly earnings has slowed. Earnings per hour are 16.26 CAD/hour. Canadians who hold positions in high-paying industries receive 20-30 CAD/hour. There is an acute shortage of specialists in the technology sector, healthcare, services, insurance, construction, and banks.
| Professions | Salary per year, $ |
| Developer | 68,000-155,000 |
| Mechanical Engineer | 66,000-131,000 |
| HR Manager | 75,000- 156,000 |
| Sales Representative | 46,000-84,000 |
| Nurse | 68,000-94,000 |
| Welder | 40,000-74,000 |
| Accountant | 61,000-114,000 |
UAE
Relaxers are willing to travel to Dubai because of their tax-free salaries and social security. Compared to the countries of the Middle East, employees in the UAE receive significantly more. The average salary ranks 18th in the world and is $3,665. Income depends on the industry. Banking and gas/oil sector employees are not only well paid, but also provided with career opportunities.
| Sector | Salary per year, $ |
| Bank | 50,000-120,000 |
| Oil and gas | 40,000-100,000 |
| IT sector | 31,000- 90,000 |
| Healthcare | 39,000-80,000 |
| Construction | 34,000-84,000 |
Advantages and disadvantages of working abroad
Living in a multicultural environment has a number of advantages. Long-term residence permits open up:
- new horizons in life;
- career prospects;
- access to high earnings;
- medicine and prestigious education;
- establishing international business contacts.
Working abroad also has disadvantages. Many people will experience a shock when they enter a different cultural environment. Those who do not speak the language well have difficulty communicating and finding a job. The paperwork procedure takes a lot of time and effort, and no one is immune from refusal to obtain a permit. In the absence of international agreements on mutual recognition of diplomas (evaluation), specialists face additional problems.
General trends in the global labor market
Based on the results of the past year, the International Labor Organization has made a forecast for 2025. The focus is on economic and social instability, inflation, unemployment, the nature of employment, and labor resources. Analysts have concluded that inflation is rising everywhere, and wage indexation in the G20 countries is not keeping pace with prices. Since 2023, there has been a trend towards poverty in developing countries.
The crisis worsens social justice. People earning $2.15, in terms of purchasing power parity, are at risk of poverty. Over the past year, the number of such employees has increased by 1 million. The number of employees earning less than $3.65 increased by 8.4 million. The unemployment rate is expected to rise. In 2024, it increased from 5.1% to 5.2%, and the shortage of jobs reached 435 million. As for the incomes of 58% of professionals employed in the informal sector, the forecasts for them are also unfavorable. Due to inflation, incomes will barely grow.
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