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SOVEREIGN MAN

Where to find the best jobs in the world

September 8, 2011
Beirut, Lebanon

Government economic statistics are all lies and gorilla math… and one of their most creative frauds is the unemployment figure.

Intuitively, when they say ‘the unemployment rate is 9%,’ that would suggest to the average Joe that 9% of the labor force is, in fact, unemployed. Oh no. Most governments have entire departments and agencies to dazzle people with statistics and calculations that defy common sense.

You see, when someone has been unemployed for too long, they can simply fall out of the system. In other words, the number of unemployed people can actually rise, while the government’s official unemployment rate falls. It boggles the mind. Government figures in no way pose an accurate snapshot of the situation.

A better way to look at it is to consider the raw numbers. In the United States, there are roughly 14 million unemployed, and millions more who are either part-time or woefully underemployed. In Europe, the number of unemployed is over 20 million.

It’s not a pretty picture, and the more that governments do to ‘fix it,’ the longer they prolong the pain. Barack Obama is set to blow another useless round of hundreds of billions of dollars, while central bankers from the United States to England to Switzerland are inflating their currencies without bound.

persistence Where to find the best jobs in the world

If you’re one of the tens of millions of unemployed in the western world, I have good news and bad news. The bad news is that your situation at home isn’t getting better anytime soon. The good news is that many foreign job markets are quite strong.

Here in the Middle East, there are a number of countries that shook off the effects of the economic downturn and are still growing feverishly. If you’re looking for a job, this may be a good place to start.

Even a casual glace at the employment section of Gulf News, one of the region’s leading publications (based in Dubai), shows a number of well-paying positions available in a variety of fields… things like:

– Marketing manager: $5500 monthly
– Bank branch manager: $8200 monthly
– Financial analyst:  $15,000 monthly
– Administrative assistant: $1800 monthly
– Warehouse supervisor: $1700 monthly
– Personal trainer: $2750 monthly
– Fashion retail shop manager: $2200 monthly
– Regional sales manager: $9000 monthly
– Business development manager: $9500 monthly
– Senior accountant: $11,000 monthly
– Quality control specialist: $12,250 monthly

These jobs are available across the region, from Abu Dhabi to Kurdistan (yes that’s Iraq) to Egypt to Qatar to here in Lebanon.

Most of the positions, especially the better paying jobs, have great benefits. And no I’m not talking about casual Friday. In this part of the world, it’s common for employers to provide a house and chauffeured car in the package, and sometimes even private schooling for the kids.

Commissions and profit shares are also common, depending on the position.  And as an added benefit, most of these places have little or no local tax… so you keep what you earn.

By way of comparison, if you make $4,000/month ($48,000 annually) in Abu Dhabi, that’s the after-tax equivalent of making $65,000/year in the US. If you make $7,500/month ($90,000 annually) in Dubai, it’s like making $130,000 in the US.

What’s more, US tax law excludes the first $92,900 from income tax. Other nationalities pay nothing.

Remember, the world is a big place, and there’s a lot of opportunity out there for the creative mind that seeks unconventional solutions. Right now on the Gulf News jobs website, there are hundreds of jobs that pay anywhere from $4,000 to over $16,000 per month just waiting to be filled.

Most of those nearly 30 million unemployed in the United States and Europe are going to sit around and wait for the government to ‘fix things.’ I hope they’re patient because they’re going to be waiting for a very, very long time.

Other people who are willing to take control of their future will find a lot of options if they have the courage and resourcefulness to look overseas.

Our goal is simple: To help you achieve personal liberty and financial prosperity no matter what happens.

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About the author: Simon Black is an international investor, entrepreneur, permanent traveler, free man, and founder of Sovereign Man. His free daily e-letter and crash course is about using the experiences from his life and travels to help you achieve more freedom.

Comments on this entry are closed.

  • Diogenese_

     That’s very valuable info for those seeking skilled labor jobs. especially since your pay might not be in US dollars. Those seeking blue collar jobs in the region should be very careful:

    It is common practice, although illegal, for employers in the UAE to retain employees’ passports for the duration of the employment contract to prevent expatriate
    employees from changing jobs. On termination of an employment contract,
    certain categories of expatriates are banned from obtaining a work
    permit in the country for six months.

    In 2004 the United States Department of State has cited widespread instances of blue collar labour abuse in the general context of the United Arab Emirates.[13]The BBC
    reported in September 2004 that “local newspapers often carry stories of
    construction workers allegedly not being paid for months on end. They
    are not allowed to move jobs and if they leave the country to go home
    they will almost certainly lose the money they say they are owed. The
    names of the construction companies concerned are not published in the
    newspapers for fear of offending the often powerful individuals who own
    them.”.[14]
    http://en.wikipedia.org/wiki/Human_rights_in_the_United_Arab_Emirates

  • http://www.theresilientfamily.com ResFam

    Job security is going the way of the dodo bird in the U.S.  The other option though is to get out and create your own career.

    The days of a secure salaried plug-in “job” provided by a corporation or government are over.  The future will be a world of decentralized labor — or as Kunstler says “vocations, crafts, situations, trades, and casual labor.” I explain why here: http://bit.ly/nCwe0F

    The good news is that even if you can’t make it to Dubai, your “work” in the near-future will be de-coupled from a set location.  For many career choices, you will be able to work for clients and sell your labor from anywhere on the globe.

  • phantomm

    I think you need to check your maths here. AED stands for Arab Emirates Dinar whic is equal to 25% of the US dollar. So if it says you get, say, AED 2500 that equals about $640.00 US per month or $160.00 per week. Not great wages. Maybe accommodation thrown in is worth another $250.00 per month. Also the work hours are much longer. Might be better to stay in the USA.

    • Elai

      AED is getting close to a third of USD. And there is no income tax.

  • Elai

    Do you really want to suggest people to go to Dubai & co when they will jail you for walking on some Cannabis dust from who knows where?:

    http://www.thisislondon.co.uk/news/article-23436226-briton-jailed-for-four-years-in-dubai-after-customs-find-cannabis-weighing-less-than-a-grain-of-sugar-under-his-shoe.do

  • http://www.the-urban-survivalist.com Urbivalist Dan

    What do you have to do to elect tax exemption from the first $92,000 earned abroad? Is there a certain form that needs to be filled out?

  • Rabuzin F

    This is all well and good Simon but I wish you would address the social environment issues when writing such posts (same as Singapore). Can I enjoy a beer with my mates after work? Can I go out on the town with my wife/gf and have her wear whatever she likes? Moreover is it right to financially support regimes who’s track record on the rights to life and liberty is woeful to say the least? Last time I checked, from your own posts, both were equally important as property.

    • Steve

      “Moreover is it right to financially support regimes who’s track record
      on the rights to life and liberty is woeful to say the least?”

      I think the HR record of the USA is far worse than any Mid East dictatorship. The numerous wars have killed more people than Saddam, Qaddaffi, Assad, the various emirs combined!

  • John Lloyd

    I don’t speak from experience but from what I have read there are places in Dubai and the UAE where Western expats can enjoy uh Western frivolities. Ie…Alcohol, nightclubs,etc…Even if this were not the case, as a young guy in my 20s I would be willing to set this stuff aside for a few years if it meant saving some serious money. It’s a matter of priorities….

  • Striptees

    As a preson of the “Hebrew” persuasion, I have concerns over my ability to prosper in any fo these countries.

  • Josey

    But you still have to pay US taxes (after the $80K+ exclusion).

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