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Why are world's best-paid expats rushing to Mumbai? Hint: It pays

India's financial capital, where salaries are more than double the global average, tops global rankings for expat pay, according to a survey conducted by HSBC Bank International

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Andy Hoffman | Bloomberg
Go East, expatriates looking to make the big bucks.

Mumbai, India’s financial, commercial and entertainment capital, tops global rankings for expat salaries, according to a survey conducted by HSBC Bank International Ltd.

Foreigners moving to the subcontinent’s most populous city reported average annual earnings of $217,165. That’s more than double the global expat average of $99,903, the HSBC Expat survey shows.

Graph courtesy: Bloomberg

Other Asian cities joining Mumbai in the top 10 expat salary rankings were Shanghai, Jakarta and Hong Kong.

While expats in Asia