Friday, July 15, 2011

Moving to Hamilton

In our series of short blogs on moving between different international locations, we highlight cost of living and other major differences likely to be experienced.
Today we look at moving to Hamilton in Bermuda from Sydney in Australia. In Sydney people speak English. In Hamilton people speak English and Portuguese.
Sydney is the largest city in Australia, and the state capital of New South Wales. Hamilton is located on the north side of Hamilton Harbour, and is Bermuda's main port.

Although there is a parish of the same name, the city of Hamilton is in the parish of Pembroke. The largest economic sectors in Sydney, as measured by the number of people employed, include property and business services, retail, manufacturing, and health and community services. Since the 1980s, jobs have moved from manufacturing to the services and information sectors. Sydney provides approximately 25 percent of the country's total GDP.
Finance and international business now constitute the largest sector of Bermuda's economy, and virtually all of this business takes place within the borders of Hamilton.

The overall cost of living rank in Sydney is 12 out of 300 global locations, which equates it with high cost of living locations. An expatriate moving from Sydney to Hamilton which has an overall cost of living rank of 92, which equates it with middle cost of living locations, will experience a change in cost of living of -24%.
In terms of the hardship people are likely to experience, assessed in global terms, Hamilton is ranked as a some hardship location with a hardship index of 20% compared to Sydney with a hardship index of 10% which is a minimal hardship location.

Source: as at July 2011.

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