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Singapore is now the fifth most expensive location in the world for expatriates, driven by rising accommodation costs
Hong Kong loses number one status in spite of high levels of inflation
The typical daily cost of business travel in Singapore is now USD 515 – the second highest in Asia and 19th globally.
Covid-19 restrictions and political situation contribute to Hong Kong’s fall to the 92nd most liveable location in the world for workers relocating from elsewhere in East Asia.
Singapore maintains its status as the most liveable location for expatriate workers from East Asia since 2005.
Locations in Malaysia – Kuala Lumpur, George Town and Johor Bahru – have risen in the global rankings over the past year.
Bern, Switzerland lands first place position for quality of life, after Copenhagen’s three-year reign at the top
The ringgit's weakness against the US dollar has offset the impact of inflation in Kuala Lumpur, causing it to drop in the global rankings.
Singapore rose four places from last year to become the 8th most expensive location in the world for expatriates, driven primarily by surging accommodation costs.
Hong Kong is the second most expensive location in the world for expatriates