Its all becuase of the oil extracts.
Economy of Bahrain is doing well due to its liberal economic policies. As per the Bahrain Economic Report, its annual real GDP growth ranged between 2.1% and 8.3% in the last 10 years and it aims at doubling household income by 2030. So it is advisable to migrate to Bahrain.
Bahrain tax system favours expatriates. There is no corporate income tax as well as personal income tax, no wealth tax on capital gain, no withholding tax. You only need to pay a few indirect taxes.
National income- total income of the country Per capita income- average income of the country
Yes, real estate in Bahrain is doing extremely well mainly due to strong population growth, increased domestic disposable income, and greater demand from neighbouring GCC countries for investing in Bahrain.
All three of these countries; Brunei, Bahrain, and Kuwait; are countries that both (1) export large quantities of petroleum and (2) have a relatively small population. As a result, the wealth that comes in from oil exports is divided among very few people, leading to a high income per capita / high income per head.
16,000 dollars. per career.
Average per capita income is income per head of a country i.e. real GDP/Population .
per income of singapore 2013
The capita per income is 500,000 dollars.
per capita income of Vietnam in 2009
50 Hz as per the info available from their official website