How Much Money Is In The World 2024

If you are looking for a region that has a huge job market for TEFL qualified teachers and you want to earn a good salary that allows you to save a considerable sum of money, look no further than East Asia. Jobs are abundant and the potential earnings are very high in countries such as Japan, Taiwan, South Korea, and China. As with any destination, the salaries on offer vary considerably depending on experience, qualifications, location, and type of employment. As a guide you should expect to earn somewhere between 200,000 and 600,000 yen (currently $2,000 to $6,000) per month. If the job pays by the hour then a figure of around 2,500 yen ($25) per hour would be typical. In addition to a basic salary, most positions will also include added benefits, such as paid airfares, housing,...  [Read more]

Although Europe is one of the most popular destinations with TEFL qualified teachers, it is not generally the best region for earning big salaries. However, if you dream of living and working in a country such as France, Italy, Spain, or Greece, you should still be able to earn enough to live a comfortable lifestyle. The amount you can earn will vary considerably depending on your previous classroom experience, level of qualifications, the location you choose, and the type of employer. Salaries start at around 700 euro per month, rising to 1,800 for higher end positions. Teachers who are paid by the hour can expect a rate of around 18 to 20 euro. The majority of teaching jobs in Spain do not include extra benefits that are common in many other popular destinations, such as paid airfare...  [Read more]

The Middle East continues to be one of the most popular regions for English language teachers as there are plenty of jobs on offer and the potential salaries are among the highest you will find anywhere in the world. Extra benefits such as paid airfares and free accommodation are also the norm in most cases. However, as the rewards are so good, the requirements and competition for each job is generally very high. There are a wide variety of employment options throughout the country, all of which offer very competitive salaries. Monthly rates start in the region of 9,000 AED (currently $2,500), and rise to over 20,000 AED ($5,500) for those with high levels of qualifications and classroom experience. In addition, most teaching jobs will also include a benefit package that typically...  [Read more]

There are many different reasons why people choose to teach English abroad and the chance to earn good money is certainly one of them. How much you can realistically expect to earn is largely dependent on where in the world you choose to teach. The highest salaries are generally found in the Middle East and East Asia regions where teachers can typically live well and still save a considerable sum each month. In Europe and Latin America it is harder to save money, but you should still earn enough to live comfortably. Although the country's famously laid-back lifestyle attracts large numbers of foreign teachers, the average salary is generally less attractive when compared to other countries in the region. Teachers without experience can expect to earn around $1,000 per month, which...  [Read more]

Although the average salary for EFL teachers in Southeast Asia is significantly less than that of some other countries across the continent, the region still draws a large number of teachers to countries such as Thailand, Cambodia, and Vietnam. While you might struggle to save a great deal of your earnings during your stay, you should still be able to live comfortably in your country of choice. Although the country's famously laid-back lifestyle attracts large numbers of foreign teachers, the average salary is generally less attractive when compared to other countries in the region. Teachers without experience can expect to earn around $1,000 per month, which should be enough to cover general living expenses, but is unlikely to leave much in the way of savings. Teachers with a high...  [Read more]

How much you can expect to earn teaching English in Latin America will vary depending on the country you choose, your specific location within that country, and the individual employer. However, teachers typically earn enough to live a comfortable, middle class lifestyle. You can expect your income to cover all your daily expenses and have enough to enjoy a good social life, although you are unlikely to be able to save much during your stay. As is the case in much of Latin America, teachers generally don't come to Costa Rica purely to make money. The average salary is considerably less than you will find in other more lucrative regions such as Asia and the Middle East, at around $600 to $1,000 per month. Your earning potential will increase considerably if you have a degree, TEFL...  [Read more]

Due to a rapid increase in job numbers and fewer restrictions on who can legally work as a teacher, the Eastern European region is now beginning to catch Western Europe in terms of popularity. Typically, the balance between income and cost of living means that many teachers find they are better off financially in a country such as the Czech Republic than they are working in a traditional teaching hotspot such as Italy. The monthly income of foreign teachers in Russia varies hugely depending on many different factors such as location, qualifications, experience, and number of contracted hours. Private language schools generally pay an hourly rate which averages around $650 per month for a first-time teacher. This figure can rise substantially with relevant experience. Many positions...  [Read more]

How much money you can earn teaching English online depends on a variety of factors, including your qualifications, prior experience, and the platform you work for. Online English teachers are paid on an hourly basis, typically ranging between $15 and $30. If you decide to work through an online platform, as most online teachers do, a fee for connecting you with students and providing materials is also deducted in the form of a commission. There are different ways to earn a living as an online English teacher. Some teachers work for an online ESL company, some offer their lessons on an open marketplace, and others even start their own online ESL business. Depending on your qualifications and the type of platform, online English teachers can typically earn between $10 and $40 US per hour....  [Read more]

Many of the world's biggest and most lucrative markets for English language teachers are typically restricted to native English speakers only. Destinations such as Japan, South Korea, Saudi Arabia, and the UAE, are all great options for native speakers but not for thousands of other qualified teachers whose first language is not English. But don't despair; there are still plenty of exciting destinations all over the world where non-native English speakers can confidently apply for teaching positions. In countries where restrictions on nationalities are in place, the term 'native English speaker' generally refers to teachers from the USA, Canada, the UK, Ireland, Australia, New Zealand, and South Africa. Other countries where English may be the first language, such as India or the...  [Read more]

Many TEFL qualified teachers head overseas to look for excitement, adventure, new experiences, and to simply get away from the daily grind, but not all are aware of the potential to earn a very good living whilst doing so. In some parts of the world teachers can earn more than enough to live a high quality of life and also afford to put aside a considerable sum each month to pay off student debts or to save for future travel etc. As demand for qualified teachers continues to grow in many areas, so do the potential salaries on offer. When looking for a teaching job, it is always advisable to weigh up the salary on offer in comparison with the local cost of living as this can vary considerably from one country to the next. A monthly salary of $1000 in Bolivia would allow you to live a...  [Read more]

It is very common for teachers working overseas to send money back home for a variety of different reasons, such as student loan repayments, to pay a mortgage on a property, or simply to help out family members. Unfortunately, it is not always a straightforward process as there are several factors to consider, including transfer fees, exchange rates, and the actual time each method takes to complete. Below we take a look at some of the most common options. Banks can offer a reliable option for transferring your money, although this largely depends on where you are in the world. If you are teaching English in a popular location such as Japan or South Korea, banks are often a good choice as they generally only charge a small fee and transactions typically clear within one or two days....  [Read more]

(1) 'The world is your classroom' is the TEFL International motto and four fun weeks with us is your ticket to living your dreams abroad, in exciting locations all over the world. Some people are attracted to a TEFL (Teaching English as a Foreign Language) Course for various reasons. Some people see the opportunity to help underprivileged people to learn English, some wish to travel extensively and some are in it for the good money that is offered in some countries. A TEFL Qualified Teacher can work with students of all ages, provided they meet the chosen countries visa requirements. A TEFL Qualified Teacher can travel the globe and earn a comfortable living teaching. A TEFL Qualified Teacher can also earn some very good money if they decide to work in countries...  [Read more]

Anyone who is thinking about teaching English abroad has most likely received a response along the lines of "Oh, how fun, but what will you do when you get back?" Some people believe that teaching English as a foreign language is not a "real job" but rather something that people do to pay off student debt or simply for fun before settling down into a "normal" job and lifestyle. Many people decide to teach English abroad for these reasons, but there are also many who have made a successful and lucrative career out of it. Yes, you can pursue a long-term career as an EFL teacher. For the vast majority of people who travel abroad to teach English, it all begins with a simple desire to see some of the world while earning some money. After a while, many people realize that they enjoy and are...  [Read more]

For the purpose of this article I assume that there is absolutely no difference between TEFL and TESOL, they are both a means of teaching English to people who do not have it as their first language. So why do people think to themselves sitting at home, maybe I will train to be a teacher, but not a regular teacher that we all grew up with at school. But someone who teaches the English language to non English speakers in foreign countries. Well the reasons are varied but almost everyone can identify themselves with at least one. Some realize that the jobs they work in are not quite what they thought they would do growing up. So in search of excitement and something more worthwhile they sign up to TEFL. Others like myself are really gypsies and have a great urge to...  [Read more]

In today's world the term 'global' takes on an entirely new meaning. Initially termed to mean in reference to the world as a whole, as opposed to individual countries, but today, while still holding true, it also means something more. The internet, modern media, email, and even to a lesser extend telephones, have made it possible to communicate with almost every person on the planet, a thought not even considered possible one hundred years ago. People separated by thousands of miles have never been closer and it takes nothing more than a touch of a button. The French can talk to the United States of America, the Brazilian to the United Kingdom, Africa to Asia; you could probably even speak to someone studying in the Antarctic if you tried hard enough. Or at least these people ...  [Read more]

We have good news if you are interested in teaching abroad but are hesitant to settle down in one place: Teaching is one of the best-paying online jobs from home and one of the fastest growing career paths for remote workers. The best part about online teaching jobs is that you can not only get paid to speak English, but you can also find opportunities to teach English online with no prior experience. If you want to travel while earning money for speaking English, check out the best-paying online teaching jobs that you can do from anywhere in the world using your laptop. Preply is an online language learning platform that allows students to work with their preferred tutor at their own pace and on their own time. Preply, in general, invites any enthusiastic individual to join their...  [Read more]

Asia and Latin America are two of the most popular regions for teaching English abroad. Both have a strong demand for English language instruction, and there are always plenty of employers ready to take on experienced and newly qualified teachers in a wide variety of countries. If you are undecided on which destination would suit you best, take a look at the following points as they might help you to make an informed choice. In general, most people who head to Latin America will find that they can live comfortably on their earnings, but are unlikely to save much (if anything at all) of their monthly salary. Paying rent and other bills, socializing, and exploring the region should be affordable for most, but if you have debts to pay off or need to save to fund further travel, it may not...  [Read more]

Due to the anonymous nature of the internet there are always a few unscrupulous characters looking to make easy money, and the world of ESL job recruitment is no exception. Although the overall quality of schools and the contracts they offer varies greatly, the truth is that most advertised jobs both good and bad are totally genuine. To avoid the small percentage of positions that are not what they seem, it is recommended that you always follow these simple rules. The single best defense against job scams is to ensure you thoroughly research the teaching market in your chosen destination. If you are fully aware of the typical salary, expected benefits, working hours, and normal visa requirements, you should have little trouble spotting potential scams. Remember, if it sounds too good...  [Read more]

What does TEFL mean?    The acronym TEFL stands for Teaching English as a Foreign Language. It is commonly used to refer to training courses that almost anyone can take to learn the skills and knowledge required to teach English to non-native speakers in countries all over the world. What is the difference between TESOL and TEFL?    TEFL stands for Teaching English as a Foreign Language and TESOL stands for Teaching English to Speakers of Other Languages. These descriptions are generally used interchangeably, however, TESOL is more common in the USA and TEFL is more common in the UK. Do I need a TEFL certificate to teach abroad?    Although it is possible to teach abroad without a TEFL certificate, we recommended that you complete a TEFL...  [Read more]

Whether you are just looking to earn some extra cash during a gap-year or are planning a more serious move into the world of education, teaching English as a foreign language has many benefits. The demand for TEFL qualified teachers is continually growing in many parts of the world and opportunities for making teaching a career are abundant. Also, if you decide that it is time to head back home, there are many directions in which your overseas teaching experience can take you. Although for many TEFL course graduates the aim is to head overseas to experience living and working in a foreign culture, it is not the only option. Plenty of people use their teaching qualification within their home country as increasing levels of immigration have led to a rapid increase in demand for ESL...  [Read more]

Although financial gain is not the biggest driving force for most people heading overseas to work as an ESL teacher, being able to live comfortably and to enjoy as many new experiences as possible without money worries is usually a high priority. To give yourself the best opportunity to earn a good salary and the chance to save enough to pay off debts or to fund further travel and adventure, there are a few things you can do prior to departure and once you arrive in your country of choice. When it comes to salaries and earning potential, one of the most important things you can do prior to departure is to complete an internationally recognized TEFL certification course. TEFL certification is increasingly expected by employers in many of the most popular countries, particularly those...  [Read more]

Anyone who has considered teaching English abroad has probably had a reaction from a friend or family member along the lines of “that sounds like fun, but what will you do when you get back?” In some quarters, teaching English as a foreign language has the reputation of not being a ‘real job’, just something that people do to pay off student loans or simply for fun and adventure before settling down into a normal job and lifestyle. There are many people who do choose teaching abroad for these reasons, but there are also plenty who have made a successful and lucrative career out of TEFL. YES, you absolutely can have a long-term career as an EFL teacher. For the majority of people who head overseas to teach English, it all starts with a small idea to see a bit of the world while...  [Read more]

Teaching English as a Foreign Language is a career that is open to anyone with an excellent standard of written and spoken English, regardless of age, nationality, or academic history. All you need, apart from a solid understanding of the language, is a TEFL or TESOL certification and the drive to make your dreams come true. However, despite all the many benefits that await teachers heading overseas, there are also a few potential issues that you need to prepare for. So what are the main pros and cons of TEFL? Once you have completed your TEFL certification course you will be able to apply for teaching jobs in virtually any country you can think of. If you dream of living and working by a tropical beach, or if a major world city such as Tokyo, Milan, or Rio is your preference, no problem,...  [Read more]

It is a common misconception that teaching English abroad requires a large amount of money up front before you even start earning. While you will need to cover the cost of your TEFL certification and get yourself to the destination you have chosen to work in, you should soon start earning enough to get those outlays back quickly. However, in some destinations the cost of living is so high that it can seem like you are constantly hemorrhaging money. So where can you teach English and live well on just a small budget? Here we look at some of the cheapest destinations for teaching English abroad. Thailand makes an appearance on many lists of the best places to teach English abroad for various reasons and one is its relatively low cost of living. Although the average salary for English...  [Read more]

Known throughout the world as a prime destination for ecotourism, Costa Rica is also one of the top locations in the region for ESL teaching. Across the country there are always plenty of opportunities for teachers whether you have years of experience or are looking for your first teaching role. One of the main attractions for many teachers is that a university degree is often not a requirement when looking for work. Teaching positions can be found in most parts of the country; however, the vast majority are located in the Central Valley area and in particular the capital San Jose. As is the case in much of Latin America, teachers generally don't come to Costa Rica purely to make money. The average salary is considerably less than you will find in other more lucrative regions such as...  [Read more]

There is something about Volunteer Teaching that is very appealing. I have always been interested in it. Now I have undertaken the TEFL (Teaching English as a Foreign Language) course, it is actually a possibility, not just a thought. You can get invaluable experience using TEFL in schools from Monterrey to Mombassa. There are also some amazing volunteer projects available and opportunities for TEFL graduates to pursue. If you have the time and the desire, there is no better way to experience a country's culture than to live and work with their people. In many circumstances, you are helping some of the world's most underprivileged people to learn language skills that could make a real difference to their lives, not to mention the future prosperity of their...  [Read more]

Volunteer English teaching has been an important part of the TEFL world for many years, with countless schemes operating in many parts of the world. Most of these opportunities are located in developing countries where access to affordable language lessons is not widespread and where people often see improving their English as a clear path towards better jobs and a better future for them and their families. However, while these schemes provide a very valuable service, there are now increasing numbers of online volunteer based teaching platforms that are able to provide help to even more people worldwide. There are many individual reasons for wanting to offer your services as an online volunteer English teacher. For many people the reward of helping someone in need and seeing them make...  [Read more]

There is something about Volunteer Teaching that is very appealing. I have always been interested in it. Now I have undertaken the TEFL (Teaching English as a Foreign Language) course, it is actually a possibility, not just a thought. You can get invaluable experience using TEFL in schools from Monterrey to Mombassa. There are also some amazing volunteer projects available and opportunities for TEFL graduates to pursue. If you have the time and the desire, there is no better way to experience a country?s culture than to live and work with their people. In many circumstances, you are helping some of the world?s most underprivileged people to learn language skills that could make a real difference to their lives, not to mention the future prosperity ...  [Read more]

Volunteer teaching can be the most rewarding experience of your life or a total nightmare depending on your expectations and attitude. You need to be realistic about what kind of person you are. Are you the type who can travel the world making your own contacts and decide independently where best to spend your tine? Or are you the type who needs to know exactly where you will be sleeping each night and exactly what your days will hold? Most of us fall somewhere in between. People often ask why should I pay to volunteer somewhere? Aren?t they already getting my time and effort for nothing? Well is most cases it costs the organisation money to have you there, sometimes the benefit outweighs the cost for them and sometimes not. ?In Nicaragua, I often heard the comment...  [Read more]

If you are thinking about teaching English in the short term, during a gap year break or just for a brief change of scenery, then a single 120-hour TEFL certification course will probably be enough to get you where you want to be. However, if your teaching plans are more long term or you simply want the best possible start to life in an EFL classroom, then you might want to consider taking advantage of a TEFL course bundle. At ITTT we offer a range of course packages that provide a thorough and in-depth introduction to the English language teaching world, as well as providing the very best value for money currently available on the market. This two course package is a great choice if you are particularly interested in teaching English in a virtual classroom. You start your training with...  [Read more]