Wednesday, September 13, 2017

Travel Can Enrich Your Bank Account As Much As Your Soul

Supply and demand is one of the very first concepts a business student will learn at school, and it is the reason why so many businesses have gone down the remote working route. Those that can be considered ‘top talent’ know that a life working from wherever they want in the world is a lot better than being cooped up in some stuffy office block with half-decent views over a smog-laden metropolis. In fact, the business world has gone so nuts for this idea of remote working that some of the most successful and forward thinking companies don’t have any form of physical office whatsoever. For those who haven’t heard of such a thing, we’re talking about Toptal.

But what if you don’t exactly fall feet-first into the category of ‘top talent’? Does that mean your chances of working abroad are quashed before they ever got underway? Does that mean it is impossible for you to champion your love of both traveling and money? Well, to give it to you straight, the answer is no.

There are plenty of opportunities for people to get a job working overseas; jobs that include anthropologists, archaeologists, traveling nurse, pilot, and so much more. With that said, there is one that doesn’t require such a specialist skill - something tens of thousands of people do every year - and that is teaching English abroad.

Now if you are thinking that teaching English as a foreign language is all well and good for those who want to see a new place, and maybe save a few bucks to go traveling while they are there, but that doesn't exactly cater to those who want to make money, then you are wrong. Sure, it probably won’t see you become a fixture on the Forbes Richest Billionaires List, or even build wealth like a billionaire, but it can more than offer you a decent salary, a great lifestyle and even the chance to tuck a healthy amount away for a rainy day.

Of course, not every country is born equal in this sense. In fact, the majority of locations don’t pay very much at all. However, there are exceptions to every rule and, in this case, places that pay surprisingly well. So, without further ado, here are the places where teaching English abroad can really see you strike it rich:

1.) South Korea
When it comes to landing a well-paid gig teaching English, South Korea will top most lists. To cut to the chase, there are a ton of jobs out this way, the pay tends to range between $2600 to $5000 a month, and then there are all the incredible perks that you are likely to get too. If you want a detailed understanding, then we recommend you look at In short, though, we’re talking about a month’s salary as a bonus for completing a twelve-month contract, healthcare insurance, free furnished housing, and your to-and-from flights paid for. You can save between $12,000 and $15,000 over the course of the year, and that was without living stringently too. It is quite easy to see why this is such an attractive proposition. But that isn’t the only reason why; South Korea is also known for having a lot of opportunities for first-time teachers. So, if you don’t have any experience, then this should definitely pique your interest. Anyway, it isn’t just the money side of things that make S. Korea so great, it is also a truly magical place to live. The local cuisine is delicious, the cost of living is incredibly low, and the people are so kind, warm and generous. It is also a place packed full of other expats and that makes the social side of proceedings so much fun. In conclusion, a year of teaching English in South Korea could see you have a great time, leave with your debts paid off and have enough cash in your wallet to keep traveling.

2.) Indonesia
It may seem odd that Indonesia has snatched the second spot on our list, especially given the average monthly salary is around $1,200 to $1,900, but the cost of living is so wonderfully low that this tends to stretch an awful long way. Much like we saw with South Korea, this means you can enjoy a comfortable lifestyle while also tucking plenty away at the end of each month. Of course, how much you make is dependent on your experience and qualification, much like it will be everywhere else you go. On top of this healthy remuneration package, though, most agencies will also give your health care cover, as well as a housing allowance. What you do with that is up to you, but to see just what you could be getting - or even investing in - take a quick peek at Just so you don’t go in there too blind, most of the jobs going require you to have a bachelor's degree, as well as TEFL certificate prior to applying. However, this will work in your favor as it will improve your competitiveness, salary, and chances of landing a top paying gig. Another thing that is worth being aware of is the rules, some of which should be looked at a little more carefully, such as the need for an exit visa. However, this level of research is no different from anywhere else you are considering. In terms of lifestyle, Indonesia offers up a serious amount of wow-factor moments thanks to its varied scenery, beautiful culture and gorgeous languages, which means you are guaranteed a great time no matter where you choose. If you want to be part of a good expat community, however, then you are best off applying for positions in Jakarta.

3.) Dubai
It doesn’t matter what sector or industry you work in, the main reason people flock to The Middle East is that of the financial packages that are on offer here, and it is no different for teaching. The salaries here are outrageous. We’re talking about $80,000 a year plus for an experienced teacher, and that is without the benefits and perks that tend to come as part of the package. Oh, and there is no tax to concern yourself with either, which means most teachers who head here for a year leave with a bank account that’s $50,000 heavier. However, this is no place for the recent college graduate. Sorry. It is just part of how the thing works out there. When they are paying salaries this high they want to know they are getting the best, most talented and most experienced candidates. They want to have teachers that could teach English at high school level in America, which is no easy feat. Anything less, though, and you are wasting your time. As such, the teacher community out here is a little bit older, with most of the expats in their adult years, with kids and families and a settled lifestyle. Of course, it isn’t just about Dubai; Qatar, Abu Dhabi, UAE and Oman are all hotspots that pay $3,500 and $5,000 a month. So, if you are an experienced English teacher, then this could be something for you.

4.) Japan
It may not quite be what it used to be in terms of opportunities and ease, but it’s fantastic reputation still stands, and for good reason too. In fact, this reputation is part of the reason why Japan attracts just as many applicants as South Korea. Like we said, though, it isn’t the place it was, by which we mean you can’t just head here, get a teaching job and make a stash of cash. It has changed somewhat in that sense. However, if you are willing to sign a twelve-month contract and hold true to it then you can easily save a healthy dollop of your salary, which can be up to $3,000 a month. Not bad, huh. But before you start to get too excited about the prospect of living among snow-capped mountains, cherry blossom trees and some of the most polite people on the planet, it is worth knowing that the cost of living is very high. In fact, the cost of living can very easily eat into the money you were hoping to save - especially if you take a job in Tokyo. However, you can sign up to a government run program that rewards long-term teachers with a healthy benefits package and completion bonus, as well as a housing allowance and free flights. The other thing that makes Japan an attractive proposition - much like South Korea - is the fact experience isn’t necessary. It’s definitely beneficial but not necessary. However, with the competition being so ferocious out there the more you can add to your resume the better.

As you have probably deduced, teaching English abroad is a great way to travel and make money, sometimes even pay off student loans and everything else. However, to get the most out of your pay package, getting TEFL certificates ahead of time and adding to your experience are in your best interests. It is also worth noting the contracts that last two years will pay more than one that pays more than six months.

No comments :

Post a Comment

Note: Only a member of this blog may post a comment.