Beijing – Best Asian City for Expats to Make Money
Beijing is not the expat’s favorite Asian city for lifestyle. That honor goes to Singapore. But like everyone else, expats have money on their minds. And Beijing wins the crown when expats vote for the best Asian city for making money.
More than 14,000 expats across 191 countries were surveyed about lifestyle and finances. Most Asian cities scored relatively poorly. Singapore was the only Asian city that made it into the overall top 10 countries for expats.
But when the questions centered on finances, Beijing beat all its Asian rivals and took first place. Expat respondents in Beijing overwhelmingly (73%) reported that they had more than enough disposable income to meet their needs. Global average, on the other hand, was only 48%.
Beijing does not have a low cost of living, but incomes for the majority of Beijing’s expats more than make up for the somewhat expensive living. China’s expat salaries are the second highest in the Asia Pacific region. Japan, with its much higher cost of living, has the highest expat salaries.
The major complaint of Beijing expats seems to be pollution, leading to negative opinions by 84% of Beijing respondents. And they don’t seem optimistic that improvement in the environment will happen soon.
According to Expat Arrivals, an online site that supplies destination information, says that expats jobs in demand include:
- Banking and financial services
- Sales and marketing
- Human resources
- Advertising and communications
- Manufacturing and industry
So if you’re looking for adventure outside your home country and you have expertise in one of the above fields, go to Beijing. And of course, you’ll never get tired of all the wonderful sightseeing and shopping that Beijing has to offer.