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Driven by lower cost of benefits and a dip in salaries, the overall cost of employing a mid-level expatriate worker in Singapore has dropped by USD 7 284.
The overall cost of employing a mid-level expatriate worker in Hong Kong dropped by USD 5 067 in 2020.
Singapore is now the 8th most expensive location for expatriates in Asia, and 13th place globally.
Hong Kong retains position as most expensive location for overseas workers to live and work.