Where is the best place to live in Europe to make money?
Switzerland has the highest (nominal) average wages in Europe, Estonia the lowest.
The highest paying countries in 2022 were Switzerland (€106,839), Iceland (€81,942), Luxembourg (€79,903), Norway (€74,506) and Belgium (€70,297), whereas the lowest payers were Bulgaria (€12,923), Romania(€14,500), Croatia(€17,842), Hungary(€18,274) and Poland (€18,114).
1. **Zurich, Switzerland**: Zurich consistently ranks as one of the cities with the highest quality of life and salaries in Europe. It's a global financial hub with well-paying jobs in finance, pharmaceuticals, and technology.
- Netherlands.
- Denmark.
- Switzerland.
- Luxembourg.
- Finland.
- Iceland.
- Austria.
- Norway.
Luxembourg. If you're curious about which country pays the highest salary in Europe, look no further than Luxembourg. Despite being one of the world's smallest nations, Luxembourg takes the lead with an impressive average monthly salary of 7418 US dollars.
- Australia. One of the best countries in the world for work exchanges, Australia has been ranking consistently as a country that offers an excellent quality of life and work environment. ...
- Canada. ...
- New Zealand. ...
- Germany. ...
- United Kingdom. ...
- United States. ...
- South Korea. ...
- Denmark.
In Europe, medical specialists such as surgeons and anesthesiologists often rank among the highest-paid professions, given the expertise and training they require. While leadership positions in healthcare, such as hospital administrator and pharmaceutical executive, also earn commendable renumeration.
Pays: $10,000 to non-EU/EEA and non-Swiss citizens
Austria is one of the countries that'll pay you if you moved there. Under its Red-White-Red Card Program, Austria offers non-EU/EEA and non-Swiss working citizens $10,000 to move there. This program includes a one-year visa along with financial support.
- Tallinn, Estonia. The small but smart city of Tallinn is an ideal place for those who want to live in a cozy European atmosphere without overpaying for housing, transportation and food. ...
- Riga, Latvia. ...
- Bucharest, Romania. ...
- Krakow, Poland. ...
- Prague, Czech Republic. ...
- Lisbon, Portugal.
Switzerland has by far the highest percentage of millionaires in, not just Europe, but the world (15.6%). The Netherlands (8.6%), Norway (8.2%) and Denmark (8.0%) also have a significantly higher share of millionaires than other European countries.
Where to live in Europe if you only speak English?
- The Netherlands.
- Austria.
- Norway.
- Denmark.
- Belgium.
- Sweden.
- Finland.
- Portugal.
While the Euro has long been more valuable than the American dollar, the cost of living in the United States is significantly higher than across Europe on average. Basic expenses for a single adult with no children in the U.S. is $2,508, compared to an average $1,746 per month in Europe.
American Expats in Europe
Numerous countries in Europe have welcomed Americans in the past. As reported by the UN's International Migrant Stock, some of these European countries hosting Americans include Switzerland, Netherlands, Ireland, France, Spain, and the United Kingdom.
Iceland had the highest average annual wage in Europe in 2022, at approximately 79.5 thousand U.S. dollars, compared with Greece, which had an average annual salary of just over 26 thousand U.S dollars a year, the lowest among the countries provided in this statistic.
The in-demand occupations in Europe are mainly related to sales and marketing, data, analytics, IT, and sustainability. A few professions with the highest hybrid job availability are caseworker, product analyst, underwriting analyst, and cyber security engineer.
While there is no best country to make money fast, there do exist countries that offer a relatively faster pathways to make money. For example, Switzerland and Luxembourg are known as countries that pay the highest salaires to their workers and expats.
- France. Quality of Life Index: 153.6. ...
- Croatia. Quality of Life Index: 155.41. ...
- The United Arab Emirates. Quality of Life Index: 156.94. ...
- United Kingdom. Quality of Life Index: 156.94. ...
- Canada. Quality of Life Index: 157.25. ...
- Portugal. Quality of Life Index: 159.83. ...
- Lithuania. ...
- Spain.
- United Arab Emirates. UAE ranked in 1st place for disposable income in the HSBC Expat Explorer Survey, which is down to the fact that your income is completely tax-free in UAE! ...
- Switzerland. ...
- China. ...
- Hong Kong. ...
- Bahrain. ...
- Singapore. ...
- Vietnam. ...
- Saudi Arabia.
European salaries. One of the main differences between the United States and Europe is the overall level of pay. In general, wages in the United States tend to be higher than those in Europe, particularly for skilled and high-paying jobs.
- Surgeons/doctors.
- Judges.
- Lawyers.
- Bank managers.
- CEOs (Chief Executive Officer)
- CFOs (Chief Financial Officers)
- Orthodontists.
- College Professors.
What are the highest paying jobs in Italy?
- Surgeons. Surgeons have one of the highest paying jobs in Italy. ...
- Lawyers. The judicial system in Italy is a unique one. ...
- Bank managers. ...
- Marketing directors. ...
- University professors. ...
- English teachers. ...
- University teaching assistants. ...
- Italian language teacher.
Ascend West Virginia promotional video
Online marketplace MakeMyMove.com has been keeping track of cities offering relocation packages and incentives for new residents, with some cities offering as much as $20,000 in incentives to newcomers.
Country | Quality of life score | Language(s) spoken |
---|---|---|
Sweden | 100 | Swedish, English |
Canada | 93 | English, French |
Denmark | 91 | Danish, English |
Netherlands | 88 | Dutch, English |
Can I move to Italy without a job? Yes! You can do so with the Elective Residence visa. You can obtain this residence permit for 1 year, which can be renewed.
- Iceland. Safety score: 1.124. Ranking worldwide (GPI): 1. ...
- Denmark. Safety score: 1.310. Ranking worldwide (GPI): 2. ...
- Ireland. Safety score: 1.312. ...
- Austria. Safety score: 1.316. ...
- Portugal. Safety score: 1.333. ...
- Slovenia. Safety score: 1.334. ...
- Switzerland. Safety score: 1.339. ...
- Czech Republic (Czechia) Safety score: 1.379.
References
- https://finance.yahoo.com/news/17-best-european-countries-move-215716831.html
- https://finance.yahoo.com/news/25-best-countries-live-millionaires-145847157.html
- https://www.tembomoney.com/learn/should-i-buy-a-house-in-2024
- https://www.pacificprime.com/blog/jobs-in-spain-for-americans.html
- https://www.vectorvest.com/blog/retirement/how-to-retire-on-dividends/
- https://www.rw-invest.com/uk/how-to-invest-500k/
- https://www.quora.com/I-want-to-earn-1-000-USD-every-month-from-dividends-How-much-do-I-have-to-invest-and-where
- https://finance.yahoo.com/news/20-best-countries-most-amount-145840250.html
- https://blog.moneyfarm.com/en/investments/low-risk-investments-in-the-uk/
- https://www.quora.com/In-Europe-where-can-you-live-with-good-and-good-salaries
- https://finance.yahoo.com/news/many-americans-retire-million-dollars-140019814.html
- https://www.nasdaq.com/articles/do-this-for-$4000-in-dividend-income-every-month
- https://smartasset.com/investing/50-rule-real-estate
- https://finance.yahoo.com/news/much-interest-earn-1-million-150000229.html
- https://www.unbiased.co.uk/discover/mortgages-property/buy-to-let-renting/the-best-areas-for-buy-to-let-in-the-uk
- https://www.investopedia.com/articles/pf/08/ideal-net-worth.asp
- https://finance.yahoo.com/news/much-dividends-100k-143957889.html
- https://yieldinvesting.co.uk/best-place-to-invest-in-property-worldwide/
- https://www.nichepursuits.com/how-to-make-5k-a-month/
- https://www.lev.co/blog/80-20-rule
- https://www.bluselection.com/blog/2024/01/best-places-to-move-abroad-in-europe-how-to-choose
- https://www.igms.com/what-is-a-good-rate-of-return-on-rental-property/
- https://www.y-axis.com/news/top-9-jobs-in-demand-europe-to-get-work-visa-easily-in-2024/
- https://money.usnews.com/investing/articles/dividend-stocks-to-buy-and-hold-forever
- https://www.rabbies.com/en/blog/10-safest-european-countries
- https://www.getground.co.uk/learning-centre/reasons-to-invest-in-buy-to-let-property-2024
- https://www.mysmartmove.com/blog/5-ways-to-maximize-rental-income
- https://answerconnect.cch.com/document/arp286529ae447b6c1000815f001b7840a5b2019a/federal/irc/explanation/penalties-imposition-of-tax-for-failure-to-meet-the-95-percent-or-75-percent-gross-income-tests
- https://monocotwealth.com/investment-solutions/real-estate-investment-trust-reit/
- https://www.telegraph.co.uk/money/property/buying-selling/make-fortune-flipping-property/
- https://www.ig.com/en/trading-strategies/what-is-a-reit-and-how-does-it-work--230527
- https://smartasset.com/investing/what-is-the-2-rule-in-real-estate
- https://finance.yahoo.com/news/20-countries-pay-move-2024-031004416.html
- https://www.1031crowdfunding.com/recession-resilient-investment-options/
- https://finance.yahoo.com/news/5-ways-50-000-passive-120014009.html
- https://medium.com/@Levente22/7-proven-ways-to-make-5-000-9-000-per-month-in-passive-income-1aafbf025154
- https://finance.yahoo.com/news/now-good-time-buy-reits-170731808.html
- https://learn.roofstock.com/blog/how-to-invest-200k-in-real-estate
- https://www.cityrise.co.uk/best-property-investment-uk/
- https://housinganywhere.com/United-Kingdom/rental-yield
- https://www.y-axis.com/blog/top-10-best-places-to-live-and-work-abroad-in-2023/
- https://www.debtfreedr.com/how-to-turn-100k-into-a-million/
- https://finance.yahoo.com/news/genius-ways-1-000-month-105500970.html
- https://www.realized1031.com/blog/are-reits-a-good-investment-during-inflation
- https://nepi.uk/is-property-a-good-investment-uk/
- https://finance.yahoo.com/news/10-return-investment-roi-141300511.html
- https://talentup.io/blog/united_states_salaries_vs_europe_salary_differences/
- https://money.usnews.com/investing/articles/how-to-become-a-millionaire-by-investing
- https://www.reit.com/investing/reits-and-interest-rates
- https://www.sendmybag.com/en-gb/blog/top-10-countries-for-expats-to-earn-more-money/
- https://www.medicaleconomics.com/view/the-negative-outlook-on-reits-is-overblown
- https://www.fool.com/research/reits-vs-stocks/
- https://www.lexidy.com/blog/move-italy-immigration/
- https://smartasset.com/retirement/is-3-million-enough-to-retire-at-50
- https://www.provestor.co.uk/blog/best-uk-rental-yield-hotspots
- https://money.usnews.com/investing/articles/high-paying-dividend-stocks-in-the-s-p-500
- https://www.instarem.com/blog/english-speaking-european-countries-expats/
- https://visitukraine.today/blog/2210/which-european-cities-are-the-cheapest-to-live-in
- https://www.investnext.com/blog-posts/what-is-the-80-20-rule-in-real-estate/
- https://www.ramseysolutions.com/retirement/real-estate-investment-trust
- https://preply.com/en/blog/best-countries-to-live-in/
- https://www.investmentnews.com/investing/features/will-reits-continue-to-roil-investors-in-2024-248542
- https://www.experian.com/blogs/ask-experian/pros-cons-investing-in-reits/
- https://seekingalpha.com/article/4652634-how-to-live-off-dividends-forever
- https://knightknox.com/property-investment-advice/average-rental-yield-uk/
- https://www.euronews.com/business/2023/11/24/switzerland-and-iceland-highest-payers-across-the-eu-and-eea
- https://finance.yahoo.com/news/cost-living-state-compares-european-111500806.html
- https://money.usnews.com/investing/articles/best-reits-to-buy
- https://finance.yahoo.com/news/500-every-month-passive-income-130041730.html
- https://www.investorschronicle.co.uk/ideas/2023/12/28/the-global-reits-primed-for-a-2024-recovery/
- https://retipster.com/terms/10x-rule/
- https://lyonswealth.com/blog-details/how-much-money-do-i-need-to-invest-to-make-3000
- https://www.bankrate.com/investing/good-time-to-buy-reits/
- https://www.azibo.com/blog/one-percent-vs-two-percent-rule-real-estate
- https://ca.finance.yahoo.com/news/much-invest-2-000-monthly-160000919.html
- https://northwest.education/insights/career-growth/highest-paying-jobs-in-europe/
- https://landgeist.com/2024/01/04/millionaires-in-europe/
- https://www.usatoday.com/story/money/columnist/krantz/2012/10/25/reit-real-estate-property/1637063/
- https://luxtoday.lu/en/knowledge/countries-with-the-highest-wages-in-europe
- https://money.usnews.com/investing/articles/how-to-invest-when-interest-rates-are-cut
- https://finance.yahoo.com/news/reit-sector-could-benefit-ongoing-121017930.html
- https://www.sofi.com/learn/content/reit-investing-pros-and-cons/
- https://www.wealthmanagement.com/alternative-investments/fund-managers-are-bullish-reits-2024
- https://www.statista.com/statistics/557777/average-annual-salaries-in-europe/
- https://www.nerdwallet.com/article/investing/reit-investing
- https://www.forbes.com/sites/forbesbusinesscouncil/2023/10/27/reits-an-investors-guide-to-real-estate-investment-trusts/
- https://ischoolconnect.com/blog/jobs-in-italy-top-8-highest-paying-options-in-2022/
- https://www.livenowfox.com/news/these-us-cities-pay-you-move-there-cash
- https://blog.moneyfarm.com/en/pensions/retire-at-60/
- https://www.baymgmtgroup.com/blog/roi-for-rental-property/
- https://abcfinance.co.uk/investment-return/
- https://www.reit.com/sites/default/files/media/PDFs/REITFactSheetDiversification1.pdf