Sunday, August 24, 2014

Most expensive cities for expats - according to Mercer LLC (BBC news)

By Ye Eun Charlotte Chun

Working abroad may seem like a dream come true, but it can become a financial burden as corporate packages cover less. While Amsterdam, Hong Kong and Dubai have ranked as some of the most popular expat destinations, they also rank among the top 50 most expensive cities to live.

A recent survey by Mercer LLC pegged Luanda, Angola as the most expensive destination for expats. Based on factors such as currency fluctuation and availability of imported goods, some of the priciest cities might surprise you.

Scroll through the infographic below for details on the most expensive expat locales — plus the place where a cup of coffee costs the equivalent of nearly $10.

[Despite being the 4th most expensive city in the world for expats, and the second most expensive in the Asia-Pacific region, Singapore still ranks as the 3rd best economy for expats. Go figure.]
Most expensive cities

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