Saturday, August 13, 2011

Moving to Jerusalem

Today we look at moving to Jerusalem in Israel from Bangalore in India. We highlight cost of living and other major differences likely to be experienced in our series of short blogs on moving between different international locations.
In Jerusalem people speak Hebrew and Arabic. In Bangalore people speak Hindi, English and at least 16 other official languages.

Jerusalem is the capital of Israel and its largest city. Bangalore is the capital of the Indian state of Karnataka. Historically, Jerusalem's economy was supported almost exclusively by religious pilgrims, as it was located far from the major ports of Jaffa and Gaza. Jerusalem's religious landmarks today remain the top draw for foreign visitors, with the majority of tourists visiting the Western Wall and the Old City. The government, centered in Jerusalem, generates a large number of jobs, and offers subsidies and incentives for new business initiatives and start-ups. Bangalore evolved into a manufacturing hub for heavy industries such as Hindustan Aeronautics Limited, Indian Telephone Industries (ITI), Hindustan Machine Tools and Bharat Electronics Limited (BEL) after India gained independence from Great Britain in 1947. Within the last decade, the establishment and success of high technology firms in Bangalore has led to the growth of Information Technology (IT) in India. IT firms in Bangalore employ about 35% of India's pool of around 1 million IT professionals. Bangalore accounts for the highest IT-related exports in the country.

The overall cost of living rank in Jerusalem is 98 out of 300 global locations, which equates it with middle cost of living locations.  An expatriate moving from Bangalore to Jerusalem will experience a change in cost of living of 17%.
In terms of the hardship people are likely to experience, assessed in global terms, Jerusalem is ranked as a high degree of hardship location with a hardship index of 30% the same as Bangalore.

Source: as at July 2011.

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