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As per a not too long ago revealed report – Mercer 2021 Price of Dwelling Metropolis Rating – the most costly metropolis for an expatriate is Ashgabat in Turkmenistan.
Mercer is a distinguished asset administration agency of America.
Whereas Hong Kong is available in on the second place, Beirut, Tokyo and Zurich are the opposite cities within the Prime 5.
| Prime 20 Most Costly Cities within the World for an Expat [As per Mercer 2021 Cost of Living City Ranking] | ||
| Rank in 2021 | Metropolis | Nation |
| #1 | Ashgabat | Turkmenistan |
| #2 | Hong Kong | Hong Kong [SAR] |
| #3 | Beirut | Lebanon |
| #4 | Tokyo | Japan |
| #5 | Zurich | Switzerland |
| #6 | Shanghai | China |
| #7 | Singapore | Singapore |
| #8 | Geneva | Switzerland |
| #9 | Beijing | China |
| #10 | Bern | Switzerland |
| #11 | Seoul | South Korea |
| #12 | Shenzhen | China |
| #13 | N’Djamena | Chad |
| #14 | New York Metropolis | United States |
| #15 | Tel Aviv | Israel |
| #16 | Copenhagen | Denmark |
| #17 | Guangzhou | China |
| #18 | London | United Kingdom |
| #19 | Libreville | Gabon |
| #20 | Los Angeles | United States |
There are a complete of 209 cities on the Mercer 2021 Price of Dwelling Metropolis Rating.
5 Canadian cities have discovered their place on the listing.
| Canadian Cities on Mercer 2021 Price of Dwelling Metropolis Rating | |
| Rank in 2021 | Metropolis |
| #93 | Vancouver |
| #98 | Toronto |
| #129 | Montreal |
| #145 | Calgary |
| #156 | Ottawa |
As per Mercer, “The Canadian greenback has appreciated in worth in relation to the USD, triggering jumps on this yr’s rating.”
As international locations grapple with the political, financial and well being fall-out of the COVID-19 pandemic, the coronavirus pandemic has shaken up Mercer’s 2021 Price of Dwelling Metropolis rating.
In accordance with an official Information Launch by Mercer, COVID-19 Disruptions Compel Corporations to Re-evaluate Their Method to Mobility, “organizations are starting to implement alternate types of worldwide assignments and cross-border working preparations to maintain their abroad operations and workforces”.
Whereas value of dwelling has all the time been an integral issue for worldwide mobility planning, the COVID-19 pandemic has led to the addition of one other layer of complexity, together with long-term implications associated to sure different components.
Components akin to – well being and security of workers, flexibility choices, distant working and so on.
Worldwide mobility has advanced a lot from the standard long-term project for a talented employee. Right this moment, mobility encompasses way more and past. Strikes akin to everlasting transfers, short-term assignees, worldwide international hires, worldwide freelances, in addition to worldwide distant staff are all included amongst mobility strikes for a employee.
With 5 cities making it to the listing, Canadian cities have been discovered to be comparatively less expensive as in comparison with cities within the U.S. & the U.Okay.
Canada leads among the many hottest international locations for migrate abroad. Canada can be one of many Prime 3 international locations for immigration put up COVID-19.
In case you are trying to Work, Research, Make investments, Go to, or Migrate to Canada, speak to Y-Axis, the World’s No. 1 Immigration & Visa Firm.
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