Hong Kong world’s priciest city for expats

Hong Kong

Hong Kong

Hong Kong is the world’s most costly city for expats, jumping Angolan capital Luanda in the yearly graph accumulated by consultancy firm Mercer.

Luanda, which had reliably beaten the rundown as of late, fell in the positioning attributable to the debilitating of its nearby money.

Zurich and Singapore were third and fourth on the rundown, unaltered from a year back. Tokyo rose to fifth.

The overview is intended for organizations to compute expat specialists’ stipends.

It weighs up the typical cost for basic items in 209 urban areas over the world, contrasting the expense of more than 200 things in every area, including lodging, transport, nourishment, attire and diversion.

Kinshasa was positioned 6th, showing up in the main 10 surprisingly, trailed by Shanghai, Geneva, N’Djamena, and Beijing.

“Unpredictable”

Mercer said that rankings were influenced by “unpredictable markets and hindered monetary development in numerous parts of the world”.

The world’s slightest costly urban areas for expats, as indicated by the average cost for basic items overview, is the Namibian capital Windhoek, trailed by Cape Town.

In the UK, London dropped five spots to seventeenth, Aberdeen fell seven spots to 85th and Birmingham, in 96th, dropped by 16 places. Further down the rundown, Glasgow dropped 10 spots to 119th and Belfast was down three spots to 134th.

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