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%.
Selected latest available inflation rate for all countries world wide as at 27 August 2018: Angola 21.47%, Cyprus 2.3%, France 2.3%, Iran 18%, Japan 0.9%, New Zealand 1.5%, Qatar o.2%, South Africa 5.1%, UAE 3.8%, UK 2.5%, USA 2.9% Venezuela 82,766%.
Click on the link for all countries latest inflation rates.
The top 10 most expensive countries in the world as at July 2018 comprise two from Africa Angola (1); Central African Republic (7), three from Europe Norway (2); Switzerland (3); Denmark (5), four from America Bermuda (4); Cayman Islands (6); Montserrat (9); Bahamas (10), 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.
Norway has long been very expensive and interestingly is the only oil-producing country with high gas prices.
The 10 most expensive cities in the world comprise two from Africa, Luanda (1); Bangui (9), three from Asia-Pacific, Singapore (2); Hong Kong (3); Tokyo (7), four from Europe, Oslo (4); Zurich (5); Geneva (6); Monaco (10), and one from America, Hamilton (8).
Luanda in Angola is the most expensive city in the world for expatriates as at July 2018 followed by Singapore and Hong Kong.
Jerusalem in Israel is the most expensive city for expats in the Middle East as at July 2018, followed by Doha in Qatar.