Many students are studying abroad and send money to Nigeria with part-time jobs. There are many reasons to travel overseas for work, but the most common motivators are financial gain and career advancement. There are a variety of variables to consider when searching for prospects with the highest earning potential. Of course, the actual dollar value of the salary is significant, but some countries provide expat packages that provide additional benefits such as childcare and education expenses, healthcare, and housing.
This increases the total pay package’s worth. Cost of living and taxes are also important considerations; a good income will quickly be depleted by higher-than-average living expenses and taxes. A lot depends on the market as well, with some workers paying significantly more than others in some countries and less so in others, depending on the most in-demand positions in various regions. Most of the workers aim for money transfer to Nigeria or their home country.
My Expatriate Market Pay Survey, conducted by the ECA, looked at pay levels for expatriates all over the world, providing details on benefits, allowances, wage estimation methods, and tax treatment. The survey included over 320 foreign companies from 170 countries and over 10,000 international employees.
According to the survey, the countries were ranked based on the overall expatriate package costs that companies sell to a typical expat middle manager. Wage benefits provided by a corporation to its expat employees (housing, schooling, relocation expenses, permission to send money to Nigeria online, medical care, and so on) and taxes that expats must pay in their chosen country make up an expatriate benefits package.
What Is The Best Country To Work And Make Good Income?
While it is unknown where the country will be after Brexit, the UK is actually among the top ten highest-paying countries and one of the best places to work in the world. The highest number of yearly online money transfers to Nigeria are from the Uk. So, if financial benefit is your primary motivation for looking for a job abroad, the United Kingdom should be at the top of your list.
In economics, IT, digital and science technologies, and AI, the United Kingdom is one of the most important world centers. As a result, it attracts people from all over the world who have expertise in these fields and want to put their skills to good use. If they are moved by their employer, expat professionals in the UK earn on average over $390,000 a year, including all benefits. Independent workers still get a good deal: service professionals receive an average of $45,691 (£33,957) per year. The annual salary for management is $230,721 (£171,469).