How Much Money Does It Take To Be Rich In These 10 Countries?

    Being considered “rich” in any part of the world is a very relative term. It depends largely on the cost of living in the area. For example, $60,000 per year may be considered well off in a very rural community while this may be just scarping by in a more urban setting. That is why this list has been created to see what income levels would be considered “rich” in the top ten wealthiest nations per capita in the world. This does not mean the country as a whole is the wealthiest but instead that the average resident of that nation is wealthier than most. For this list, a value of triple the average income will be used to define “rich”. All income levels to be considered “rich” are listed in U.S. Dollars (USD). Find out below how much you need to make in each of the richest countries to be considered wealthy, starting with Hong Kong:

     

    Hong Kong

    Because it is so tax advantaged for thousands of companies, Hong Kong has quickly grown into one of the premiere business hubs of the world. With the average salary of $61,020 it would take an annual salary of $183,060 to be considered “rich” in this country.


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    Switzerland

    The Swiss economy is based on very progressive policies that allowed it to recover quickly even after the financial recession of 2008. An average salary of $61,360 means a “rich” Swiss individual makes roughly $184,080 per fiscal year.


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    United Arab Emirates

    The economy of the UAE is largely driven by oil but as oil prices have leveled out recently, other businesses have been attracted to the area. A per capita income of $68,250 makes being considered “rich” to be at least $204,750 annually although many oil barons of the country make far more than this.


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5 thoughts on “How Much Money Does It Take To Be Rich In These 10 Countries?”

  1. Hi please invest in israel you would be surprise , we have some briliant people here , i live in rishon le zion a small city with hugh potential

  2. fortunately I would not want to live in any of these so called countries. hong kong and Singapore are not really countries. they are former british colonies. that keep out the neighboring poorer countries. . If rich is defined as having three times more than the average salary then that is a nebulous definition. To me rich means being able to buy a house with a pool for less than 100k us. dollars. and live a life not having to worry about the next payment or paycheck. to have a continuous cash flow and all expenses covered. not having to work full time and not having to commute. wear a tie. or leave the house. If you can go into a bar and get coke and a massage etc. for ten bucks that’s a plus. can do that every day. eat out every day. and own your car house etc. without having to borrow. that’s rich. having your freedom and your toys to play with and people to play with that’s rich.

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