want to achieve your financial goals? move to saudi arabia
TRANSCRIPT
Want To Achieve Your Financial Goals? Move To Saudi Arabia
Source: www.expatfocus.com
Move to Kingdom of Saudi Arabia
“When choosing your ideal expat destination, the Kingdom of Saudi Arabia (KSA) might not be the first place that pops into your mind.”
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Source: www.expatfocus.com
Gulf nation
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“The constitution in the birthplace of Islam is based on religious beliefs and the authorities are rather strict.Moreover, Saudi Arabia is one of the places that have a different set of rules for women (for example dressing, socializing and driving).”
Source: www.expatfocus.com
Tax-free salaries and low cost of living“However, living in this country could actually be beneficial for foreigners in a number of ways, especially in terms of finances. It has one of the biggest, most stable economies across the globe.”
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Source: www.expatfocus.com
Average Incomes
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“According to a survey conducted by Gulf Business in 2015, Saudi Arabia pays higher than average salaries for most positions, especially westerners. The median pay has risen by around 7% to reach Saudi Riyal or SAR 48,688 (US $ 12,980; £ 10,507; € 12,259) per month.”
Information Technology
Banking (Treasury Manager)
Banking (Branch Manager)
Construction (Project Manager)
Real Estate
Healthcare
0 5000 10000 15000
€£$
Source: www.expatfocus.com
Monthly Expenditure “According to a recent Cost of Living Survey conducted by Mercer, Jeddah ranked 151 out of the 207 participating cities. Riyadh came in at 72, which is a bit closer to the regional average. In fact, the country’s capital is regarded as the most expensive city in Saudi Arabia.”6
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Source: www.expatfocus.com
Housing and school
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“People can choose to pay anywhere between SAR 20,000 (US $ 5,332; £ 4,315; € 5,036) and SAR 300,000 (US $ 79,978; £ 64,739; € 75,533) for accommodation per month, depending on the area. School, Since foreign kids are not allowed to attend public schools, may charge up to SAR 75,000 (US $ 19,995; £ 16,185; € 18,883) per year for a senior student. ”
Source: www.expatfocus.com
Saving Money “Just living in this Middle Eastern country does not guarantee that you achieve your financial goals.Fortunately, it is quite easy for working immigrants to seek financial advice from professional entities to increase their overall monetary gains.”
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ThankYou