Top 10 Highest Paying Careers in Kazakhstan. This service is free of charge and will help you select an international moving company that suits your needs and budget. Banking is considered to be a high bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The main branch of the economy is oil production and export. Employees that support and facilitate the work of revenue generators. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. For the rest, Russian pop stars and local performers perform. 105,345,299 KZT, 105,345,800 KZT - 91,604,599 KZT, 91,605,000 KZT - Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. A person working in Kazakhstan typically earns around 387,000 KZT per month. The best time to review your situation is often when you are moving to a new country. International schools tend to recruit their teachers from abroad, and many offer an excellent quality of education. Here Kazakhstan has a plus this country is peaceful, citizens are not at war with anyone, sanctions are also not in use. The hourly wage is the salary paid in one worked hour. You can't really expect any salary increases during the study period, assuming you already have a job. Leasing Director Leasing 732,710 KZT 5. Globe Media cannot accept any responsibility for any loss or inconvenience to any person as a result of information contained above. Houses are available, but rents are much higher, and they'reexpensive to heat. Now it is Nur-Sultan. But there are very few terminals and they often do not work, and if you replenish the card online, then the payment is credited within 24 hours. For 150 years of its history, the city changed its name four times: it was called Akmola, Tselinograd, Akmola. Join our newsletter https://adamfayed.com/52-finance-tips/, 5. Express destinations cost 150 tenge ($ 0.35), and the most expensive suburban bus ticket costs 400 tenge ($ 0.94). 25,190,899 KZT, 25,191,400 KZT - The cost of utility bills depends on the class of the selected housing and on the season. Each of the eight floors of the building is dedicated to some kind of energy from space energy to kinetic energy. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. No related content found. In summer, Nurzhol Boulevard becomes a popular place for walking. Expats who spend less than 183 days in the country and work for a foreign legal entity with no permanent residence are not obligated to pay any form of income tax. Business dealings in Kazakhstan tend to be formal, and expats should ensure they are dressed smartly. Astana is a city for motorists. Ultimately, while expat life in Kazakhstan is not for the faint of heart, those who approach this unique destination with an open mind are bound to have a rich and rewarding expat experience. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. 32,061,299 KZT, 32,061,800 KZT - Custodian Life Review 2022 should you buy? The center of the right bank is considered the Golden Square, despite the fact that most of the prestigious real estate is located on the left bank. Such positions are usually highly paid and may come with perks such as housing, education and medical allowances. One- to three-bedroom apartments are the norm, but four-bedroom units are available if expats are willing to shop around. If you are interested in salaries for a specific position, participate in the survey. Reading from the salary distribution diagram, 25% of people working in Banking are earning less than 260,000 KZT while 75% of them are earning more than 260,000 KZT. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. People in top positions can easily get double or triple bonus rates than employees down the pyramid. Salaries range from 97,900 KZT (lowest average) to 1,730,000 KZT (highest average, actual maximum salary is higher). The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere, Copyright 2008-2023, Glassdoor, Inc. 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Women receive a salary of 14,061,371 KZT. The country has huge oil reserves and minerals. Some expats may find the Kazakhstani love of drinking a bit overwhelming at first. A person working in Banking in Kazakhstan typically earns around 421,000 KZT per month. If you are interested in the salary of a particular job, see below for salaries for specific job titles. In this country, a Christian and a Muslim can first celebrate Nauryz, and later set the table for Easter. The ticket costs 1,500 tenge. However, roads in other areas of the country may not match this standard. of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. Family of four estimated monthly costs: 998,636 KZT. 6,869,899 KZT, 6,870,400 KZT - Optional: Select Advanced and enter your age to . Free expat investing guide for beginners https://adamfayed.com/expat-investing-guide-for-beginners/, 6. Men receive an average salary of 27,069,284 KZT. The very basic foods such as bread and milk are very cheap in Kazakhstan. Where can you get paid more, working for a private company or for the government? We are looking for contributors to help make this the ultimate guide for expats. Regarding the lease, it all depends on your requirements and financial capabilities. 21 High Paying Jobs That Don't Require a College Degree! Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. Children can continue with their curriculum from home with minimum disruption. The ticket price to Astana Opera is from 500 tenge ($ 1.18) and up to infinity. 38,931,699 KZT, 38,932,100 KZT - Tax & Legal Services Partner, PwC Kazakhstan, Navigate Kazakhstan's tax, legal, and economic measures in response to COVID-19. Kazakhstan tax residents are taxed on their worldwide income, whereas tax non-residents are taxed only on their Kazakhstan-source income. 48,092,199 KZT, 48,092,600 KZT - The decision really depends on your situation and experience among many other factors. 52,672,399 KZT, 52,672,900 KZT - Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. This country has a very rich history and there is too much to know and to learn. Get in touch if you can provide useful info on your city or answer forum questions from new expats. Furniture imported from Europe or Turkey retails at a premium, and even lower-quality imports from China are expensive. Banking salaries in Kazakhstan range from 132,000 KZT per month (minimum average salary) to 864,000 KZT per month (maximum average salary, actual maximum is higher). 1. So who gets paid more: men or women? Astana (previously Nur-Sultan), the capital of Kazakhstan, is unknown to many expats. Though gender should not have an effect on pay, in reality, it does. Any country with decent economics is usually a part of the cycle where product leaves the country and they get money or they buy other products and spend . Suggestions may be selected) Filters. There are also some expat government workers and diplomats working in Kazakhstan, most of whom are based in Astana. People with 20+ Years of experience receive salary of 47,772,019 KZT. A cup of coffee costs 7001,000 tenge ($ 1.65 2.36) on average. All rights reserved! People in Kazakhstan have a difficult time saying no and will often agree to a proposal only to fail to put it into action simply because it cannot be done. Salary variations differ from person to person. The city has a limited number of direct flights, so expats will have to transfer through hubs such as Moscow, Frankfurt or Vienna to travel to most destinations. The price of secondary housing is influenced by many factors from the year the building was built, the district to the reputation of the construction company. Summary of cost of living in Kazakhstan. The country's international schools are very popularwith locals as well as expats, so space is limited and there is often a waiting list. Salaries range from 132,000 KZT (lowest average) to 864,000 KZT (highest average, actual maximum salary is higher).. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails, 25 Simple Ways to Reduce Bills and Save Money. Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague. A Master's degree program or any post-graduate program in Kazakhstan costs anywhere from 1,940,000 Tenge(s) to 5,810,000 Tenge(s) and lasts approximately two years. Interesting music concerts are rare. Once the reference point has been established, the Price Index value of every other city in the Petrol Station Attendant Service Industries, 16. A kilo of apples cost 300-500 tenge ($ 0.70 1.18), bananas 700 tenge ($ 1.65). 3. Average salary in Kazakhstan is 23,339,585 KZT per year. Interview with Steven Hermans A Belgian expat in Almaty, Interview with Ersatz A Dutch-Irish Expat Living in Astana, Book Review: Drinking Camel's Milk in the Yurt: Expat Stories from Kazakhstan, Interview with Kristina an American expat in Kazakhstan and Kyrgyzstan, Interview with Jolene A South African expat living in Kazakhstan. The median represents the middle salary value. IT tester - automated tests Information Technology, 18. Be aware that while Russian is the language of commerce and spoken by most people, Kazakh is the national language and may be used for speeches, particularly by government ministers. The club has a very serious fan club, so a full 12,000 arena is assembled for almost every game. These figures tend to change frequently. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district. We are looking for contributors to help make this the ultimate guide for expats. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. 61,832,899 KZT, 61,833,400 KZT - Salaries in Kazakhstan range from 97,900 KZT per month (minimum salary) to 1,730,000 KZT per month (maximum average salary, actual maximum is higher). It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? There is a wide range of apartmenttypes to choose from from riverside homes in the older, Soviet-designed part of the city, to high-rise apartments with spectacular views in the new centre. Head of the Legal Department Management, 20. Business Development Manager Management, List of the worst-paid positions and their average monthly salary in Kazakhstan (KZT), 1. The vegetables are mostly local, and the fruits are from Uzbekistan and China. What may be a surprise to some, is that the minimum wage in the Netherlands actually varies based on your age. 9 deadly resume mistakes that you must avoid. In fact, those expats, who receive salary in dollars, are doing fine. Our data pulls from industry salary surveys and utilizes precise compensation data. Whether it is drinking fermented camels milk or learning how to knock back endless vodka toasts, drinking is a cultural initiation expats will never forget. St Jamess Place Review 2022 should you buy? 20,610,699 KZT, 20,611,100 KZT - A close second is the Turkishchichivichni(lentil) soup, especially when enjoyed at the historical Turfan restaurant overlooking the Ishim river. Astana is a very safe place, with low levels of petty crime and even lower levels of serious crime. Overall good compensation and benefits for local employees in comparison to general country average salary, but way low than expats are earning. 109,925,599 KZT, 109,926,000 KZT - The decision really depends on your situation and experience among many other factors. Employees that support and facilitate the work of revenue generators. Investors Trust Access Portfolio Review 2022, Arbuthnot Latham Bank Review 2022 part 1 Overview, Pictet Private Bank Review part 1 Picket Group Main Activities, Standard Chartered Private Bank Review part 1 Overview, Union Bancaire Prive Review part 1 Main Services, Standard Chartered (Hong Kong) Bank Time Deposit Account review, The Investment Platform (TIP) Mauritius Review. You can't really expect any salary increases during the study period, assuming you already have a job. The numbers become more significant if you consider one job title at a time. 50,382,299 KZT, 50,382,800 KZT - Residents are obligated to pay tax on their total income, no matter where it is sourced from whereas non-residents are only taxed on their income earned in Kazakhstan. The city is located on two banks of the Esil River. Your favorite products are always on store shelves, you can freely travel anywhere and do not risk waking up to the sound of an emergency siren (except in Almaty every first Thursday of the month). Concerning the purchase of a house the price of a one-room apartment (approximately 30-40 square meters in a new residential complex) starts from 13-15 million tenge ($ 300000 350000). Air Traffic Controller Transport, Haulage, Logistics, 11. 34,351,399 KZT, 34,351,900 KZT - The city has cafes and restaurants for every taste and budget. The new town centre is safe to walk through until late at night, even for a woman alone. If your salary is higher than both of the average and the median then you are doing very well. As is the case with many countries in Asia, there is a high demand for English teachers. Though gender should not have an effect on pay, in reality, it does. Eastern, European cuisine and fast food are especially popular here. Medical, social support. Closely related to the median are two values: the 25th and the 75th percentiles. Pros Rotational travel, free accommodation, food, leisure on site. It is believed that this part of the city has soul and history, as opposed to the left bank. A Master's degree program or any post-graduate program in Kazakhstan costs anywhere from 1,940,000 Tenge(s) to 5,810,000 Tenge(s) and lasts approximately two years. Fast facts Population: 19.6 million Capital city: Astana Other major cities: Almaty Relocating in Kazakhstan - How will I need to adapt my lifestyle ? 100,765,099 KZT, 100,765,500 KZT - Managing Director Top Management 714,379 KZT 6. Also, it offers the top average expat salary for those under the age of 35, and thus brings more income gains for more experienced workers, and those in a higher age bracket are still generous in Indonesia. Follow these simple steps to calculate your salary after tax in Kazakhstan using the Kazakhstan Salary Calculator 2023 which is updated with the 2023/24 tax tables. At the end of March 2019, Nazarbayev resigned, the new president Tokayev proposed to name the capital after the first president of the country. Most expats are in Kazakhstan with a large international company or embassy, although an increasing number work in education. For any questions, or if you are looking to invest as an expat, you can contact me usingthis form, or use the WhatsApp function below. Adam is an internationally recognised author on financial matters, with over 259.7 million answers views on Quora.com and a widely sold book on Amazon. Other important industries are agricultural machinery, construction materials, and electric motors. Their field of expertise usually matches the type of business. Thus, the capital has the Khan-Shatyr shopping center (the largest tent in the world), the National Museum (included in the list of the largest museums in the world), Nur-Alem (the largest spherical building in the world), the Astana Opera ( included in the list of the largest opera houses in the world) and so on. Salaried jobs pay a fix amount regardless of the hours worked. Both are indicators. Comparison of the average salary of men and women in Kazakhstan (KZT). Abroad, you will have to get used to new things: medicine is only for insurance or for space money, and if you are not a citizen, even basic things like opening a bank account can turn into a problem. Most expats working in Kazakhstan will find themselves in the nation's capital, Astana (previously Nur-Sultan) or in Almaty. Salaries vary drastically between different careers. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. In addition, see detailed job descriptions and get information on job satisfaction, job demographics, common . Kazakhstan has several valuable natural resources, including oil, gas and metals. For example, apartments in old Soviet houses in the golden square of the right bank can cost as much as apartments in new buildings in the center of the left bank. Top 10 coolest jobs that you can actually have! 73,283,599 KZT, 73,284,000 KZT - You can replenish the card through special payment terminals or online. The median represents the middle salary value. A little more than a million people live in the capital of Kazakhstan. A person working in Kazakhstan typically earns around 387,000 KZT per month. Apply to Petroleum Engineer, Senior Financial Analyst, Influencer and more! 2017 - 2023 PwC. The upper floors of the museum offer stunning views of the city. Example:A graphics designer working for a graphics designing company. If your wage is between the average and the median, then things can be a bit complicated. 96,184,799 KZT, 96,185,300 KZT - Things are improving, but there is still a lot of bureaucracy to cope with in Kazakhstan. Hourly Wage = Annual Salary ( 52 x 5 x 8 ), 10 job hunting mistakes everyone is making, 8 exciting careers for people who like to travel, 7 tricky job interview questions and answers, 6 simple ways for anyone to earn extra income, 10 salary negotiation tips everyone should know, 8 Essential CV Tips That Will Make a Huge Difference, 7 unconventional and creative job hunting techniques. Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. 1,374,100 KZT - Reconciliation and Investigation Specialist. Job market in Kazakhstan Many people pursue higher education as a tactic to switch into a higher paying job. The most standard form of bonus where the employee is awarded based on their exceptional performance. salaries tend to be relatively low and day-to . It's natural for expats to worry about the winter temperatures, but Astana is well equipped to deal with this and most people find it an easy city to live in, with plenty of options for socialising. It's important to treat such individuals with a great degree of respect. Buses are divided into three types: urban, suburban and express. It is located 130 kilometers from the city and is included in the UNESCO World Heritage List. The turnover threshold for registration as a value added tax payer is 38,190,000 tenge, or approximately 195,000 euros. For expats it is not only a safe country to live and work, but also an interesting place. Employees in Kazakhstan are likely to observe a salary increase of approximately 8% every 19 months. Become our local expat expert for your area! We wrote a guide to explain all about the different scenarios. You can also go to the Korgalzhyn reserve. Kazakhstan citizens live in incredible security! Salaries vary drastically between different Banking careers. Since the city is located in the steppe, things are sad with nature. Obligatory social insurance contributions Obligatory social insurance contributions are payable by employers at the rate of 3.5% to the State Pension Centre of Pension Payments. They are very proud of their cooking and always share. Reading from the salary distribution diagram, 25% of the population are earning less than 208,000 KZT while 75% of them are earning more than 208,000 KZT. This is the average monthly salary including housing, transport, and other benefits. The average salary for Banking is 9% more than that of All Jobs. Learn more about working in Kazakhstan in our interview with American expat Kristina. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Thousands of pink flamingos arrive there every year from April to September. Tengizchevroil. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. 54,962,599 KZT, 54,963,000 KZT - It is very difficult to negotiate contracts without a go-between you can trust to work out your pay and also the policies or rules of the hiring organization. Where can you get paid more, working for a private company or for the government? The most standard form of bonus where the employee is awarded based on their exceptional performance. These types of bonuses are given without a reason and usually resemble an appreciation token. You can easily call a taxi from your smartphone, order anything with delivery, make an appointment with a doctor online, buy / sell Bitcoin, car sharing now this is not a surprise for a Kazakhstani. No related content found. database is calculated by comparing their cost of living to the cost of living in Prague.