Benefits and tax growth push Sinagapore up in global rankings of locations with highest expatriate packages
Singapore rose six places to 16th position in global rankings of locations with the highest expatriate packages
Singapore rose six places to 16th position in global rankings of locations with the highest expatriate packages
Hong Kong loses number one status in spite of high levels of inflation
Singapore is now the fifth most expensive location in the world for expatriates, driven by rising accommodation costs
Following a four-year reign, Hong Kong (2nd) loses the top spot to New York
London is now the third most expensive business travel location in Europe, rising from 5th position pre-pandemic.
The typical daily cost of business travel in Singapore is now USD 515 – the second highest in Asia and 19th globally
Locations in Malaysia – Kuala Lumpur, George Town and Johor Bahru – have risen in the global rankings over the past year.
Improvements in their liveability scores and rankings were largely driven by the relaxation of Covid-19 restrictions.
Singapore retains top position in global ranking while locations in Japan and Australia dominate the top 10 most liveable locations.
Kuala Lumpur – 8 Febru
Singapore maintains its status as the most liveable location for expatriate workers from East Asia since 2005.
Bern, Switzerland lands first place position for quality of life, after Copenhagen’s three-year reign at the top.
A 20% rent increase cements London’s position within top five most expensive cities in the world, while a 12% increase in rental costs sees New York overtake Geneva to secure second place in ECA's global cost of living ranking.
Singapore’s position in ECA’s cost of living rankings remained unchanged from last year in spite of the city experiencing significant price rises in the past twelve months, with housing rental costs, utilities and petrol prices seeing particular growth.
Strong currency ensures Hong Kong keeps its crown for another year in ECA's global cost of living ranking.
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