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Various factors enter into a city's cost-of-living for expatriate employees, such as monetary value, consumer confidence, investment, interest rates, exchange rates of the country's currency, and housing costs. This list does not account for cost-of-living savings accrued to local citizens through government-subsidized housing, health care ...
Many Americans dream of retiring overseas -- and the dream is coming true for more of them every year. According to the Wall Street Journal, roughly 450,000 people collected their Social Security...
Earning money in a high-wage area and then spending it in a low-wage area can really offer significant benefits. You can stretch your dollar significantly if you move to a low-cost country, but ...
From 2019 to 2022, the number of Americans receiving their Social Security benefits overseas increased from 413,000 to 760,000. With more countries opening up retirement visas, the idea of ...
Foreign workers or guest workers are people who work in a country other than one of which they are a citizen. Some foreign workers use a guest worker program in a country with more preferred job prospects than in their home country. Guest workers are often either sent or invited to work outside their home country or have acquired a job before ...
Expatriate salaries are usually augmented with allowances to compensate for a higher cost of living or hardships associated with a foreign posting. Other expenses may need to be paid, such as health care, housing, or fees at an international school. There is also the cost of moving a family and their belongings.
In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). This is not to be confused with the average income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population including non-working residents.
Whether you're moving for business or pleasure, deciding to leave the U.S. and live abroad is a huge change that can come with a lot of expenses. You've likely thought about general cost of living...