Cost Of Living Guides


How to prepare your finances for expat life

by Sponsored Post on September 10, 2018

Before you move abroad, it can be valuable to spend some time thinking about your finances. By doing your research and making some preparations before you leave, you could find that you can reduce stress and potentially save some money, helping you to make the most of your new life in your new country straight away.

International money transfer specialists HiFX shares three financial considerations you might want to think about before you make the move.

1. Understanding the cost of living

The cost of living can vary significantly from country to country and even town to town. It’s worth keeping this in mind when you are working out how much money you need to have available, as you could find it goes much further than you are used to – or not quite as far. Tools such as the Numbeo Cost of Living Comparison can help you to understand how the cost of everything from a loaf of fresh bread to a month’s rent differs between your current and future home. [click to continue…]

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Thumbnail image for Kinshasa named as most expensive city in the world for expats

Kinshasa named as most expensive city in the world for expats

June 13, 2016 City Guides

The city of Kinshasa, in the Democratic Republic of the Congo, is the world’s most expensive location for expats, mainly due to currency changes, new research shows. All expats know that their living costs are likely to be affected by currency fluctuations at some point and in the case of Kinshasa it is due to […]

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Thumbnail image for New report compares key costs in eight top global cities

New report compares key costs in eight top global cities

May 18, 2016 City Guides

Housing costs, transport and commuting times can effect a decision on where to stay when moving to a new city and now a new report compares eight of the top cities in the world. The findings show that although Los Angeles and Jakarta compare favourably to Hong Kong when it comes to property costs, commuting […]

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Thumbnail image for Cities index reveals costliest places for living and working

Cities index reveals costliest places for living and working

April 1, 2016 City Guides

When companies post expats overseas they often take a variety of costs into account and now new research suggests it is more costly to set them up in London than anywhere else in the world. Multinationals have costs associated with setting up an office but also many expats have accommodation packages too and both such […]

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Thumbnail image for Accommodation employee costs highest in London, new research shows

Accommodation employee costs highest in London, new research shows

March 2, 2016 America

The cost of accommodation for expat employees working for multi nationals in London is more than double that of Sydney, Los Angeles or Chicago according to new research. The average total cost of accommodation per worker, per year in 20 key cities around the world is US$56,855, the latest Live Work index from international real […]

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Thumbnail image for Zurich becomes most expensive city in Europe for expats

Zurich becomes most expensive city in Europe for expats

June 15, 2015 Cost Of Living Guides

Shanghai has become Asia Pacific’s most expensive location for expats for the first time while Zurich, Switzerland has been named as the most expensive location in Europe. The weakening of the Norwegian Krone in response to the weakened oil sector contributed to Oslo’s tumble down the ranking from 1st last year to 11th position globally […]

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Thumbnail image for Exchange rates means Caracas is the most expensive and cheapest city for expats

Exchange rates means Caracas is the most expensive and cheapest city for expats

January 6, 2015 Cost Of Living Guides

Caracas in Venezuela is both the world’s most expensive and the cheapest city for expats and it all depends on exchange rates, according to research. The latest findings from the Cost of Living survey by ECA International, a leading provider of knowledge, information and technology for the management and assignment of employees around the world […]

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Thumbnail image for Oslo is the most expensive city in Europe for expats

Oslo is the most expensive city in Europe for expats

January 1, 2015 Cost Of Living Guides

Oslo tops the list of Europe’s most expensive locations for expats, followed by Stavanger and Zurich, the latest cost of living survey shows. But in Sweden, where the Krona currency has weakened, there are no longer any locations in the top 30 of the list compiled by ECA International, a provider of knowledge, information and […]

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Thumbnail image for Index names Paris as the cheapest place for young people to live

Index names Paris as the cheapest place for young people to live

November 12, 2014 Cost Of Living Guides

When young people move abroad, the cost of living can be a major consideration. While Paris is known as the city of love, it has also been named as the most affordable city for younger people to live. The French capital tips the list of the Youthful Cities Affordability Index compiled by Toronto-based Decode group, […]

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Thumbnail image for London overtakes Hong Kong as most expensive place to live and work

London overtakes Hong Kong as most expensive place to live and work

September 23, 2014 Cost Of Living Guides

When an employee is sent overseas to work, the cost is usually met by the employer. Now, they face paying even more for moving people to London, one of the world’s most popular expat locations. London has become the world’s most expensive city for companies to relocate employees, overtaking Hong Kong, which had previously topped […]

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Thumbnail image for Majority of world’s most expensive cities for expats in Europe and Asia

Majority of world’s most expensive cities for expats in Europe and Asia

July 14, 2014 Cost Of Living Guides

African, European, and Asian cities are the most expensive for expats due to currency fluctuations and the impact of inflation on goods and services, a new survey has found. Two African cities top the list of most expensive cities, according to Mercer’s 2014 Cost of Living Survey. Although not typically recognized as wealthy cities compared […]

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Thumbnail image for Day-to-day living costs for expats set to rise

Day-to-day living costs for expats set to rise

June 6, 2014 Cost Of Living Guides

The dream of moving abroad just got a whole lot more expensive with the latest annual price index showing that popular expat destinations such as France and Spain are becoming pricier. The annual Overseas Living Price index from the Overseas Guides Company shows that living in Europe is not as cheap as many people might […]

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New tax report shows the burden in 34 countries around the world

May 26, 2011 Cost Of Living Guides

People living in the Netherlands, Spain and Iceland saw their tax and social security payments increase the most in 2010 while those in Denmark, Greece, Germany and Hungary experienced the biggest drops, a new report shows. The annual Taxing report from the Organisation for Economic Co-operation and Development (OECD) shows that tax burdens rose in […]

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