Hong Kong re-enters top five locations with highest expatriate packages
Hong Kong rose three places to fifth position in rankings.
Hong Kong rose three places to fifth position in rankings.
Singapore rose six places to 16th position in global rankings of locations with the highest expatriate packages
Average annual cost of sending an expat to the UK is now £351,992, up by 11% on last year
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
ECA has secured a multi-million pound investment from Pelican Capital to accelerate development of its software-as-a-service businesses that help companies manage their internationally mobile workforce.
Foundation Partners play a fundamental role in the development of Talent Mobility in Asia and the formation of ATMA's supportive programs and services for the industry across the region.
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
As Hong Kong expects to receive the highest number of business travellers since 2019 it remains the most expensive location in the region for business travel
Bern, Switzerland lands first place position for quality of life, after Copenhagen’s three-year reign at the top.
Record real-terms salary decrease is a result of 9.1 percent annual average inflation, the highest in 40 years.
There are always a handful of locations with hot housing rental markets but this year has been hotter than usual with big increases on both sides of the Atlantic. ECA’s March 2022 Accommodation survey focused on North America and Europe with a range of factors pushing up prices in many cities.
The rolling back of pandemic restrictions from late 2021 has led to a surge in international relocatio
Expatriate pay and benefits packages in Hong Kong rose by a modest USD 3 800 in 2021, to a total of USD 283 000, a rate of growth which was amongst the lowest of all locations in Asia. This was one of the findings of the latest MyExpatriate Market Pay Survey published annually by ECA International.
Expatriate salary and benefits packages in Singapore rose by a modest 4% in 2021 in local currency terms despite the city’s fall to 22nd place in the rankings of the costliest places to employ expatriates globally. This was one of the findings of the latest MyExpatriate Market Pay Survey published annually by ECA International,
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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