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Working in Ulan Bator

Find out how to get a job and work in Ulan Bator

Ulan Bator's developing economy is enticing a lot of expats to relocate to the Mongolian capital in order to work in Ulan Bator, especially in the banking and mining sectors or for teaching English as a second language. In our guide, we have summed up the most important info on the economy, job hunting and more.

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Employment in Ulan Bator

Around 40,000 new people are arriving in Ulan Bator every year for work, resulting in the city’s population growing very quickly. However, as rapidly as Ulan Bator is developing, it is important to remember the city is not as modern as many global capitals.

Local Economy in Ulan Bator

Mongolia’s economy is currently growing at a faster rate than most other countries, but growth has slowed after the initial massive impact of the country’s mining boom. As Mongolia continues to embrace industrialism it is likely that mining will become increasingly important to the nation’s economic strength, and it is estimated that one planned mine that is in development could even contribute as much as a third of the country’s future GDP alone. 

As a developing country, Mongolia’s economy is prone to more change than more stable nations. Anyone moving to Ulan Bator will be able to see for themselves what impact investment is having on the capital city, but in the outskirts of UB many locals still live in poverty and burn their rubbish for fuel. The gap between Mongolia’s working class and middle class is a concern.

Job Hunting in Ulan Bator

Mining and banking are two of the boom industries in Ulan Bator, but the rapid pace of growth in the Mongolian capital is also resulting in lots of jobs being created in property development.

Jobs are advertised online in English and it is advisable to find work before planning a move to Ulan Bator, as this is the easiest way to confirm the visas and work permits that are required.

It can be tricky for foreigners who do not speak Mongolian to find work in Ulan Bator itself after arriving due to the fact that the vast majority of local people do not speak any other language.

Income Taxation in Ulan Bator

If expats live in Ulan Bator for 183 or more days in a tax year, they will be classified as a resident taxpayer. Those who are based elsewhere for that time are deemed non-resident taxpayers.

Salaries, wages, bonuses, incentives, and similar employment income are all subject to Mongolia’s ten per cent income taxation rate, while there is a further ten per cent charge on income for social insurance premium.

Do you want to relocate? If you have never moved abroad, the process will be overwhelming, and if you have, you know the burden that lies ahead. Whatever stage you are at, InterNations GO! can help you with a complete set of relocation services, such as home finding, school search, visa solutions, and even pet relocation. Our expert expat team is ready to get your relocation going, so why not jump-start your move abroad and contact us today? Best to start early!

Updated on: May 12, 2015
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