Singapore is the most expensive city in the world for an expatriate professional migrant to live in as at January 2019, followed by Hong Kong and Luanda.
1. Singapore (Singapore-Asia-Pacific)
2. Hong Kong (China-Asia-Pacific)
3. Luanda (Angola-Africa)
4. Oslo (Norway-Europe)
5. Zurich (Switzerland-Europe)
6. Hamilton (Bermuda-Americas)
7. Geneva (Switzerland-Europe)
8. Tokyo (Japan-Asia-Pacific)
9. New York (Manhattan) NY (USA-Americas)
10. Monaco (Monaco-Europe)
11. Freetown (Sierra Leone-Africa)
12. San Jose CA (USA-Americas)
13. Bangui (Central African Republic-Africa)
14. Yokohama (Japan-Asia-Pacific)
15. George Town (Cayman Islands-Americas)
16. Copenhagen (Denmark-Europe)
17. Shanghai (China-Asia-Pacific)
18. Nassau (the Bahamas-Americas)
19. San Francisco CA (USA-Americas)
20. Sydney (Australia-Asia-Pacific)
21. Honolulu, HI (USA-Americas)
22. Osaka (Japan-Asia-Pacific)
23. Nagoya (Japan-Asia-Pacific)
24. Kobe (Japan-Asia-Pacific)
25. Macao (China-Asia-Pacific)
The top 10 most expensive cities in the world as at January 2019 are as follows:
Singapore is the most expensive city in the world for Expatriate’s to live. Singapore’s education system, is also the most expensive for expatriates when priced in US Dollars, the cost of housing is also extremely high due to the limited space and premium on high quality expatriate accommodation, while the complex Certificate of Entitlement system makes car prices excessive, resulting in Singapore’s transport costs being among the highest in the world.
Hong Kong is the second most expensive city due to the very high cost of housing and healthcare, as well as the strong Hong Kong dollar which is fixed against the US Dollar.
Luanda in Angola is the third most expensive city in the world for expatriate professional migrants to live. Everything in Luanda is expensive as almost all international standard goods and services are imported.
For more: https://www.xpatulator.com/cost-of-living-article/International-City-Cost-of-Living-for-Expatriate-Professional-Migrants_716.cfm
The latest available inflation rate for all countries world wide (as available on 7 November 2018). Here are some highlights:
- 21.47% for Angola as at September 2018
- 25.4% for Argentina as at September 2018
- 1.9% for Australia as at September 2018
- 3% for Cyprus as at October 2018
- 0.6% for Denmark as at September 2018
- 31.4% for Iran as at September 2018
- 2.1% for the Netherlands as at October 2018
- -0.4% for Qatar as at September 2018
- 4.9% for South Africa as at September 2018
- 2.4% for the United Kingdom as at September 2018
- 2.3% for the United States as at September 2018
- 488865% for Venezuela as at September 2018
For the full set of all countries https://www.xpatulator.com/cost-of-living-article/Latest-International-Inflation-Rates_712.cfm
Hamilton in Bermuda is the most expensive location in the Americas as at October 2018, in 7th place globally. New York (Manhattan) NY is the second most expensive location in the Americas, and the most expensive city in the USA in 9th place worldwide. The second most expensive city in the USA is…
The latest available inflation rate for all countries world wide https://www.xpatulator.com/cost-of-living-article/Latest-International-Inflation-Rates_712.cfm (as available on 8 October 2018). Some of the highest include:
South Sudan 122.9%
200,000% for Venezuela….
Singapore is the most expensive city in the world for an expatriate professional migrant to live in as at October 2018, followed by Luanda and Hong Kong.
An expatriate is a “professional migrant”, 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. An expatriate professional migrant is different to an immigrant in that they intend returning to their home country and do not therefore consider themselves to be local in their host country.
Xpatulator.com has been created to calculate expatriate pay using online calculators and an extensive database of cost of living and hardship indexes, for 780 international locations. The database is updated quarterly.
Personal (Employment) Income Tax Rates Around the World (as at September 2018):
Aruba is progressive up to 58.95%.
Bahamas is 0% as there is no personal income tax.
Belgium is progressive up to 50%.
Brazil is progressive up to 27.5%.
Gibraltar is a flat rate of 20%.
Hungary is a flat rate of 15%.
Israel is progressive up to 50%.
Lebanon is progressive up to 20%.
Netherlands is progressive up to 51.95%.
Russia is a flat rate of 13%.
Singapore is progressive up to 22%.
United Kingdom is progressive up to 45%.
Zimbabwe is progressive up to 50%.