Monday, August 28, 2017
Hamilton in Bermuda is the most expensive location in the Americas as at July 2017, in 6th 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 9th place worldwide, this is mainly due to the highly priced rental property market. Overall locations across the United States have dropped in the rankings in 2017 due to the weaker US Dollar after climbing during 2015 and 2016 as a result of the strong US Dollar. The second most expensive city in the USA is San Jose CA ranked 3rd in the region and 12th in the world. In comparison the highest ranked city in Canada is Toronto, ranked 60th most expensive in the world in 2017.
Sunday, August 27, 2017
Doha in Qatar is the most expensive city for expats in the Middle East as at July 2017, followed by Jerusalem in Israel, and Abu-Dhabi in the UAE. While Doha is the most expensive city in the Middle East, it is only ranked 52nd in the world. In Doha alcohol, housing, and education costs are very high.
Saturday, August 26, 2017
The 10 cheapest low hardship countries for expatriate professional migrants as at July 2017 for all expat basket items from most cheapest to less cheap are as follows: 1. Poland 2. Hungary 3. Malaysia 4. Botswana 5. Cook Islands 6. Czech Republic 7. South Africa 8. Paraguay 9. Greece 10. Mauritius
Thursday, August 24, 2017
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. Luanda is the most expensive city to live in the African region, and world-wide as at July 2017. The extremely costly safe expatriate accommodation, imported produce and costly international private schooling are among the main factors that have kept Launda at the top of the rankings in Africa. A rented house in a guarded community (recommended due to the threat of violent crime) can cost between US$8 000 and US$12 000 per month, international private schooling up to US$40 000 a year and the requirement for either a 4x4 to navigate the roads (which are being improved) or for a driver can be costly.
Tuesday, August 15, 2017
Luanda is the most expensive city in the world for an expatriate professional migrant to live in as at July 2017, followed by Hong Kong and Singapore. The top ten most expensive cities in the world comprise one from Africa (Luanda (1)), three from Asia-Pacific (Hong Kong (2); Singapore (3); Tokyo (7)), four from Europe (Zurich (4); Geneva (5); Oslo(8); Monaco (10)), and two from America (Hamilton (6); Manhattan NY (9)). Luanda in Angola is the most expensive city in the world for expatriate professional migrants to live. As opposed to Hong Kong, everything in Luanda is expensive as almost all international standard goods and services are imported. Despite the lower oil price, the slow-down in oil related projects, and dramatic reduction in revenue to Angola in 2016, prices in Luanda remain extremely high.
Sunday, August 13, 2017
The top ten most expensive countries in the world as at July 2017 comprise two from Africa (Angola) (1); Ghana (10), three from Europe (Norway (2); Switzerland (3)); Denmark (9)), four from America (Bermuda (4); Cayman Islands (5); Barbados (6); Bahamas (7), and one from Asia Pacific (Japan) (8). Angola is the most expensive country in the world for expatriate professional migrants mainly because almost all international standard goods and services have to be imported, as a result there are price premiums due to demand constantly exceeding supply.