As a qualified IFA, the great news is that these skills and qualifications are all transferable to other global destinations, so if you’re looking to spread your wings and begin practising as an independent financial advisor abroad, it’s entirely possible.
However, there are some countries that provide a better infrastructure and landscape for finance jobs abroad and we’re going to take a look at the top 3 countries to consider. In order to provide you with a helpful insight, we’ve factored in the growth, income, and wealth levels in these countries, to ensure there is not only a demand for independent finance jobs abroad, but the scope to expand and really make an impact on the market.
The United States of America
As one of the wealthiest and largest countries in the world, there is a huge market for independent financial advisor jobs in the US, whether you aim for large companies or venture out on your own. With major cities like San Francisco, Los Angeles, Chicago, Miami and Dallas boasting significant growth with high wealth levels, relatively low unemployment and a relatively low average of advisors per household, there is an abundance of opportunities to tap into the IFA market.
The United Arab Emirates
There is no escaping the fact that the growth occurring in this Middle Eastern country is phenomenal, with Dubai currently positioned as one of the fastest growing cities in the world.
This huge growth and abundance of wealth in this country, means there are plenty of opportunities for international finance advisor positions, with many of the world’s large finance companies rushing to open offices in Dubai or Abu Dhabi. This also means there are plenty of opportunities for financial advisor recruitment, even for non-Arabic speakers.
If you’re looking to go big with your IFA aspirations, then consider a move to China, where there is a growing economy, high wealth levels and a huge market to corner. With cities like Hong Kong, tipped as one of the top cities for finance jobs in Asia, you’ll have a gateway into the Chinese finance sector and a growing market for wealth investment jobs, brokering and more. But it’s worth bearing in mind that, whilst English is widely spoken here, some knowledge of Chinese would be helpful to achieve progression in the IFA recruitment market.
Whilst these three countries offer some of the best opportunities, there are plenty of others in the running and with the constant change of the global finance marketing and a continuing demand for IFA’s, becoming an international finance advisor shouldn’t prove that difficult.