Expats in Switzerland still earn top dollar

Expats in Switzerland remain the highest earners globally, bringing home an average annual income of $202,865 (CHF202,516), according to a study published on Thursday by HSBC. The United States and Hong Kong complete the podium of top earners. Expats there earn $185,119 and $178,706 per year, according to the HSBC Expat Explorer, now in its 11th edition. People who decide to move to Switzerland to work generally benefit from a substantial salary increase, roughly $61,000 dollars, according to experts at the British bank. But money is not the top consideration when professionals pick Switzerland. More than a third (35%) gave career opportunities as the main reason for their relocation to the Alpine nations. A better quality of life proved a close second (32%), followed by salary (24%). The survey was completed by 22,318 expats from 163 countries and territories through an online questionnaire in March and April 2018. Switzerland does not disappoint. Once settled in the ...

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