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Independent contractor in Middle East

Hi everyone,
I have recently been approached by a recruiter regarding a contracting role in the Middle East with a Tier 2 consulting firm.

I have been trying to weigh the pros and cons of accepting this opportunity, and below is my current assessment:

Pros

  • Brand – I am currently working at a boutique strategy consulting firm (2.5 YOE), whereas the target firm is a well-known Tier 2 player.
  • Compensation – The daily rate is significantly higher than my current salary (I currently live and work in Italy).
  • Projects – The types of projects proposed by the recruiting agency appear to be far more interesting than those I am currently involved in.

Cons

  • Stability – As expected, contracting roles come with higher volatility, meaning the contract could be terminated at any time and for various reasons, with limited guarantees.
  • Grace period – Accepting this role would require me to resign from my current position and relocate within less than 10 days.
  • Future positioning – I am still unsure how best to position this experience on my CV in the long term, as I intend to continue in consulting for few more years, ideally within an MBB or Tier 2 firm.

I would greatly appreciate your thoughts, especially if you believe I am missing any crucial considerations, and I would be very interested to hear what you would do if you were in my position.
Thank you very much in advance.

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