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.
Oslo has overtaken Zurich to become Europe’s most expensive and the world’s 4th most expensive city, while Zurich has dropped to 2nd most expensive expat city in Europe and the 5th most expensive city in the world for expatriates as at July 2018.
Singapore has overtaken Hong Kong to become the most expensive city in the Asia-Pacific region for expatriates (2nd most expensive in the world) as at July 2018.
Hong Kong is the now 2nd most expensive city in Asia-Pacific and 3rd most expensive city in the world.
Tokyo is the 3rd most expensive city in Asia-Pacific, and 7th globally. Japanese locations have remained high in the rankings with 5 cities in the Asia-Pacific top 10 most expensive places.
Hamilton, Bermuda is the most expensive location in the Americas as at July 2018, in 8th place globally, while Manhattan, New York is the second most expensive location in the Americas, the most expensive city in the USA in 11th place worldwide.
The 2nd most expensive city in the USA is San Jose, California ranked 3rd in the region and 14th in the world.