A survey by NatWest International Personal Banking found that higher salaries and a lower cost of living abroad meant many expats are financially better off living overseas than they would be staying put in the UK.
Of the countries surveyed, the United Arab Emirates comes out top with expats earning an average salary of £79,000 a year. Expats working in Italy and France can also expect to earn more than they would in the UK, with the average salaries £76,000 and £73,000 respectively.
In many countries a reduced cost of living means expats are financially better off. Among expats living in Spain, 95% of those surveyed estimate the cost of living is cheaper.
David Isley, head of NatWest International Personal Banking, said: “The wage packets of expats are very encouraging for people who are looking to move abroad. The expat wealth rankings shows that people who are willing to move abroad not only benefit from bigger earnings in countries such as Spain and Italy, but also have the advantage of a lower cost of living.
“This means that people living in places like Spain and Italy are financially better off overall.”
Of the countries surveyed, Singapore came in fifth with an average expat income of £67,000 a year.
See Reuters article here

http://uk.reuters.com/article/domesticNews/idUKL2759348420080328?pageNumber=2&virtualBrandChannel=0&sp=true

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