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Old 17th May 2014, 03:04
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WYOMINGPILOT
 
Join Date: Aug 2006
Location: wyoming
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China is leading the ExPat world by far if you account for net pay ie after taxes. The Hainan gig though advertising $348K is not truly in your pocket. They are advertising this as Gross pay and then claiming they are paying 120K per year on your behalf in taxes. The Chinese employers cheat on taxes to the Chinese tax collection agency more than anywhere in the world and much of it is sponsored by corrupt internal officials. The narrowbody Captain pay rates at some carriers now are approaching 25K/month and this is probably the best overall pay in the world net of taxes. There are Fed Ex Captains who clear 400K gross but after taxes and deductions are netting about half that amount. Japanese Captains at one time had extraordinary high salaries and bonuses but pay 50% back in taxes. If you choose to come to China it is a long, long, long process and many pitfalls along the way with the medical being one of the largest obstacles. It is a great place to stay 1-2 contracts to pay off your house, save for the kids college and build a nest egg but do NOT treat it as a career option, simply a high paying short term gig then move on to greener pastures with more stability and security albeit much lower pay.
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