Thursday, August 25, 2016
Hamilton in Bermuda is the most expensive location in the Americas, in 9th place globally; this is due to the high price of property and the fact that most items have to be transported to Bermuda adding a great deal to the cost of expatriate items. New York (Manhattan) NY is the second most expensive location in the Americas, the most expensive city in the USA in 11th place worldwide, this is mainly due to the highly priced rental property market. Overall locations across the United States have climbed the rankings during 2015 as a result of the strong US Dollar against most other global currencies. The second most expensive city in the USA is Honolulu, HI ranked 5th in the region and 29th in the world, followed by San Jose in California ranked 36th in the world. In comparison the highest ranked city in Canada is Toronto, ranked 105th most expensive in the world in 2016.
Wednesday, August 24, 2016
Hong Kong has not only retained the top spot as the overall most expensive in Asia-Pacific, it has become the most expensive city in the world, mainly due to the extremely high housing costs, as well as high cost of schooling and limited space available making rentals high. 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. In addition factors such as consumption tax increases have resulted in US Dollar prices increasing in global terms. Shanghai is the fourth most expensive place for expatriates in the Asia-Pacific region, and 17th globally...
Tuesday, August 23, 2016
Luanda is most expensive city to live in the African region, and second most expensive city in the world. The Angolan New Kwanza (AOA) is approximately 36% weaker against the US Dollar compared to a year ago, extremely costly safe expatriate accommodation, imported produce and costly international private schooling has kept Launda at the top of the rankings in Africa. 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.
The 10 cheapest low hardship cities for expatriate professional migrants as at August 2016 for all expat basket items from most cheap to less cheap are as follows: 1. Lodz (Poland-Europe) 2. Krakow (Poland-Europe) 3. Warsaw (Poland-Europe) 4. Port Elizabeth (South Africa-Africa) 5. Budapest (Hungary-Europe) 6. Durban (South Africa-Africa) 7. Klang (Malaysia-Asia-Pacific) 8. Gaborone (Botswana-Africa) 9. Subang Jaya (Malaysia-Asia-Pacific) 10. Port Louis (Mauritius-Africa)
Monday, August 22, 2016
The cheapest low hardship countries for expatriate professional migrants as at August 2016 for all expat basket items from most cheapest to less cheap are as follows: 1. Poland (Europe) 2. Hungary (Europe) 3. Botswana (Africa) 4. South Africa (Africa)