Monday, 13th July 2009
In General Japan News,
Tokyo 'most expensive city for expats'
Tokyo is the most expensive city in the world for expats to live in, according to findings from a new living costs survey.
Figures from Mercer show that Tokyo has moved up from being the second costliest city for expats last year, to first place this year.
Coming in second is Osaka, which came 11th in the 2008 research.
Making up the rest of the top ten are Moscow, Geneva, Hong Kong, Zurich, Copenhagen, New York, Beijing and Singapore.
Chief executive officer of Homesgofast.com Nick Marr comments that such cities have seen "significant rises" in the cost of living, due to the economic downturn.
A recent survey from Natwest showed that for quality of life, standard of living and the cost of living, New Zealand was the best place for expats to make a new home.
The International Personal Banking Quality of Life Index found that Canada was the second-best choice of destination for expats, with Australia coming in third.
Written by Susan Ballion.
Related news stories:
Japan's Obama backs namesake in US presidential race (4th September 2008)
Tokyo wins race to host 2020 Olympics (9th September 2013)
IOC evaluation commission notes Tokyo's 'financial strength' (26th June 2013)
Prime Minister Abe shows support for Tokyo's Olympic bid (8th January 2013)