According to a new study which was conducted recently, Japan has overtaken the U.K. as the most expensive place to send overseas employees to work.
The average expatriate package in Japan costs employers $405,685.
The U.K. fell from the top spot to rank as the second most expensive location to send overseas employees in 2020.
India ranked third on the list. The average expatriate package in India costs employers $318,596.
The fourth country is China with an average expatriate package of $285,804.
Hong Kong ranks fifth with cost per person nearing $280,000.
France takes the 6th spot of most expensive countries to send overseas workers.
The U.S fell one spot and currently ranks 7th on the list.
Switzerland which had earlier occupied the 12 spot has climbed to number 8.
Argentina has seen high inflation over the past few years which has pushed up expat salaries and currently ranks number 9.
The 10th most expensive country to send overseas workers is Taiwan.
Y-Axis, World’s No.1 immigration company.
DUBAI: +971 (0) 42 483 900
AUSTRALIA: + 61 3 99394818
INDIA: +91 7670 800 000
Watch for Latest Visa News: https://www.youtube.com/c/YAxisOverseas
For Latest Visa News: https://www.y-axis.com/news/
Like us on Facebook: https://www.facebook.com/YAXISOverseas
Follow US on Twitter: https://twitter.com/yaxis
Connect LinkedIn: https://www.linkedin.com/company/y-axis-overseas-careers
Follow us on Instagram: https://www.instagram.com/yaxisoverseas