How Much Do You Need In These Countries To Be Rich?

Money is a pretty simple concept on the surface, but even the most basic of questions can be difficult to answer. Even something as simple as determining how much you need to be rich can be tricky.

 

The reality is that being considered as a “rich person” is pretty broad depending on where you are living. In the United States you may be making $60,000 every year and that is more than enough to make a healthy living. However, making that kind of money in any other part of the world may mean you’re barely getting by.

 

Below we have some countries where you’ll need to make over $100,000 per year to be considered rich.

 

Switzerland

Oeschinen Lake, Cloud, Sky, Mountain, Plant, Water, Natural landscape, Snow

No surprise that Switzerland is on our list. It’s known throughout the world for its quality and honestly very progressive policies it has. It was these policies that helped them bounce back and recover faster when the financial recession of 2008 hit. Furthermore, their higher taxes ensures great programs that allow its citizens to succeed in the future.

 

Because of a number of factors, the average Switzerland individual is bringing in $61,360. This means a Swiss individual has to make about $184,080 every fiscal year to be considered rich.

 

United Arab Emirates

Sunset, Water, Sky, Atmosphere, Daytime, Water resources, Ecoregion, Light, Dusk, Cloud, Orange

To this day, the economy of UAE revolves around oil, which is why this can be rather surprising for a lot of us. After all, oil prices have been leveling out recently as more countries are opening to the idea of other alternatives.

 

And UAE is certainly one of those countries looking at other options. It’s why today there are still many new businesses that are coming in and establishing themselves. As a result, UAE is still a considerably wealthy place with the per capita income of $68,250 for its people.

 

To be rich in the country you’ll need to get into the $204,750 bracket to be rich. That being said, oil barons in the country are making a lot more than this.

 

 

Qatar

Museum Of Islamic Art, Water, Light, Sky

Considered one of the richest countries in the entire world per capita, Qatar relies a lot on their rich oil supplies. Companies are still relying heavily on it and so far it’s still making them money and a lot of it. Today the average resident of Qatar can make $124,930. In order to be considered rich in this country, you’ll need to bring in a record high of $374,790 every year to be considered rich in Qatar, the highest out of this list.