Tuesday, October 25, 2016
Abu-Dhabi in the UAE is the most expensive city for expats in the Middle East, followed by Doha. Beirut and Dubai are third and fourth respectively, followed by Tehran. While Abu-Dhabi is the most expensive city in the Middle East, it is only ranked 96th in the world. In Abu-Dhabi alcohol, communication, housing, and education costs are very high. Similarly Dubai is ranked 110th most expensive in the world.
Monday, October 17, 2016
Hong Kong has retained the top spot as the overall most expensive in Asia-Pacific and is the second most expensive city in the world (after Luanda), mainly due to the extremely high housing costs, as well as high cost of schooling and limited space available making rentals high. However, when you exclude costs related to housing, education, medical and transport, Hong Kong falls out of the top ten city rankings for this region. This indicates that Hong-Kong is not the most expensive place for other basket groups. Singapore remains the second most expensive city in the Asia-Pacific region for expatriates (4th most expensive in the world) and tops the region rankings when costs related to housing, education, medical and transport are excluded. Tokyo is the third most expensive city in Asia-Pacific. This is mainly due to the strength of the Japanese Yen, which has held steady against the USD, while most other currencies have weakened, as well as additional factors such as consumption ta
Sunday, October 16, 2016
The latest available inflation rate for all countries world wide (October 2016 est.): Afghanistan 7.32% Albania 2% Algeria 7.43% Angola 38.18% Anguilla 3.1% Antigua and Barbuda 1.4% Argentina 40.5% Armenia -1.9% Aruba -1.1% Australia 1% Austria 0.6% Azerbaijan 10.8% Bahamas -0.33% Bahrain 2.6% Bangladesh 5.37% Barbados -1.2% Belarus 11.8% Belgium 2.16% Belize 1% Benin -1.2% Bermuda 0.6% Bhutan 3.31% Bolivia 3.49% Bosnia and Herzegovina -1.2% Botswana 2.6% Brazil 8.97% British Virgin Islands 2.3% Brunei -0.7% Bulgaria -0.3% Burkina Faso -0.7% Burundi 6.6% Cambodia 3.25% Cameroon 0.64% Canada 1.1% Cape Verde -1.8% Cayman Islands -2.8% Central African Republic 38.04% Chad -1.1% Chile 3.4% China 1.3% Colombia 8.1% Comoros 1.4% Democratic Republic of the Congo 5.52% Congo 3.7% Cook Islands 0.4% Costa Rica 0.6% Cote D'Ivoire -0.4% Croatia -1.5% Cuba 4.4% Cyprus -0.36% Czech Republic 0.6% Denmark 0.2% Djibouti 2% Dominica 1.8% Dominican R
Wednesday, October 12, 2016
Overall African countries are some of the poorest and least developed in the world, with relatively low local cost of living expenses; however the cost of importing and transporting the international standard of goods that expatriates expect to purchase in the cities in this region makes it extremely expensive to maintain the lifestyle that they are used to. Luanda is most expensive city to live in the African region, and world-wide, while Asmara in Eritrea is the second most expensive city in Africa (and third most expensive in the world). Kinshasa in the Democratic Republic of the Congo (DRC) is the third most expensive city in Africa.
Tuesday, October 11, 2016
An expatriate professional migrant is someone who voluntarily lives outside their country in order to take up a job opportunity and a better or at the very least a similar, quality of life with the intention returning to their home country and do not therefore consider themselves to be local in their host country. The 10 cheapest low hardship countries for expatriate professional migrants as at October 2016 for all expat basket items from most cheapest to less cheap are as follows: 1. Poland (Europe) Poland is the cheapest country in the world for expatriate professionals. The economy of Poland is considered to be one of the healthiest economies of the post-communist countries, and is one of the fastest growing countries within the EU. 2. Hungary (Europe) 3. Botswana (Africa) 4. Malaysia (Asia-Pacific) 5. South Africa (Africa) 6. Cook Islands (Asia-Pacific) 7. Czech Republic (Europe) 8. Paraguay (Americas) 9. Greece (Europe) 10. Mauritius (Africa)