Data Points: A Selection of AIRINC Research Results
Every quarter AIRINC provide data points update on our cost-of-living research including housing, goods & services, tax and research locations. This quarter’s cost of living research was conducted primarily in North America, Central and South America, the Middle East, Africa, and maritime Southeast Asia-Pacific.
HOUSING UPDATE
Need a snapshot of expatriate-quality rental markets around the world?
Warsaw, Poland
Singapore has seen spiraling rents due to enormous demand from all sectors and job levels. The supply of properties is very limited across the city and the market is very competitive. Sources noted that large rent increases have been slowing slightly but remain significant... Read more country housing updates here.
GOODS AND SERVICES UPDATE
What are Worldwide Goods and Services Inflation rates?
Selected locations with inflation higher than 5% for 6 months:
Need to see 3-month Exchange Rate fluctuations of more than 5%? Read more here.
COUNTRY TAX UPDATE
What are the recent changes in expatriate tax?
China
China implemented updates to the social security wage base used for calculating the maximum social security contributions and certain contribution rates. The net effect is an increase in social security and a reduction in income tax as social contributions are deductible. As a reminder, the proposed expatriate tax changes were postponed to 2024......continue reading here.
Germany
Germany implemented a price-hike relief package to help offset the higher costs of energy prices and other living costs. The legislation was implemented as of May 28, 2022, and is generally effective retroactively as of January 1, 2022.....continue reading here.
Click here to access Data Points a selection of AIRINC Research Results.
