Reports Suggest That Mumbai Is Most Lucrative City For Expats, With Average Annual Income Of $217,165
With development on a rapid rise in India, expatriates are looking for more opportunities and better salaries.
According to a survey conducted by HSBC Bank International Ltd, Mumbai, India’s financial, commercial and entertainment capital is on the top when it comes to global rankings for expat salaries.
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Foreigners moving to the subcontinent’s most populous city reported average annual earnings of $217,165, which counts as more than double the global expat average of $99,903. Jakarta, Hong Kong and Shanghai are some other cities of Asia joining Mumbai in this league, reported Bloomberg.