Showing posts with label Liechtenstein cost of living. Show all posts
Showing posts with label Liechtenstein cost of living. Show all posts

Monday, August 22, 2011

Moving to Vaduz

Today we look at moving to Vaduz in Liechtenstein from Pyongyang in Korea Democratic Republic of. We highlight cost of living and other major differences likely to be experienced in our series of short blogs on moving between different international locations.
In Vaduz people speak German. In Pyongyang people speak Korean.

Vaduz is the capital of the principality of Liechtenstein. Pyongyang is the capital of North Korea. Vaduz has a lively tourist industry, despite being one of the very few capital cities in the world without an airport or railway station. Pyongyang has been completely redesigned since the Korean War (1950–1953). It is designed with wide avenues, imposing monuments, and monolithic buildings. The city also has regular international train services to Beijing and Moscow. A journey to Beijing takes about 25 hours and 25 minutes; a journey to Moscow takes 6 days.

The overall cost of living rank in Vaduz is 10 out of 300 global locations, which equates it with high cost of living locations.  An expatriate moving from Pyongyang to Vaduz will experience a change in cost of living of 96%.
In terms of the hardship people are likely to experience, assessed in global terms, Vaduz is ranked as a some hardship location with a hardship index of 20% compared to Pyongyang with a hardship index of 40% which is an extreme hardship location.

Source: http://www.xpatulator.com as at July 2011.

Wednesday, June 16, 2010

Liechtenstein, Vaduz Cost of Living April 2010

Country Full Name: Principality of Liechtenstein.

Location: Liechtenstein is in Central Europe, between Austria and Switzerland.

Country Climate: Continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers.

Country Terrain: Mostly mountainous (Alps) with Rhine Valley in western third.

Major Languages: German.

Major Religions: Christianity.

Country Population: 0.036 million (2008 est.) 0.036 million (2009 est.).

Country Economy: The economy of Liechtenstein is a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbors. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced about 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues.

Currency: Swiss Franc (CHF).

Country Inflation: 1% (2001 est.) 0.0% (2009 est.).

City: Vaduz is the capital of the principality of Liechtenstein.

City Economy: Vaduz has a lively tourist industry, despite being one of the very few capital cities in the world without an airport or railway station.
Cost of Living: Vaduz has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Vaduz is currently ranked 9 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Liechtenstein, Vaduz