Ever wondered how it is like to live and work in a country that pays top dollar. Well, it’s all not like you will get things in a silver platter, but again, you will have enough money at your disposal to pay for your monthly bills, save, invest, and still have some more to enjoy the pecks of finer things in life. That said, high average wages might come with high deductions such as 30+ per cent P.A.Y.E, among other variables. For this reason, it’s wise to go through some factors such as the cost of living, security, weather, political stability, how welcoming the locals are, welfare packages, among other things before taking a bold step of moving to a new country.
1. United States
Average salary is approximately $42,050 per year
The United States has a vast natural resource deposit complemented by highly advanced infrastructures, technology, and an enabling business environment. The capitalist-fueled mixed economy has enabled the country to be the world’s largest importer of goods and services and the second-largest exporter.
The country’s stable economy has enabled its citizens to enjoy the highest disposable income, which currently stands at $54,450. But that’s not all; the country has a compulsory deduction rate of 22.8 per cent, making its citizens have a disposable income of $42,050. This is a $242 increase from the last published figure.
