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Rapid Cost of Living – What Can We Do? Juni 19, 2008

Posted by Jun in Being Expat.
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9 comments

The recent hike in fuel prices has undoubtedly increase the cost of living. Maybe not as much as what they are experiencing at home in Indonesia, it is still making a dent for us who live in foreign countries. Not only affected those who are in foreign countries, it also have direct impact on those who have to support their family members on their home countries.

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Big cities all around the world have become more expensive for expatriates with family members. In the Philippines, cost of living has increased 5% to 8% since beginning of the year.

The global cost of living study has comprised that London and Moscow are the most expensive global locations for expatriates, while 3 of the top 5 most expensive cities are in Asia; Tokyo, Seoul and Hongkong. 

The weakening of USD compared to Euro also contributes significantly to the changes in the most expensive cities for expat list compiled by FinFacts.Ie. This list does not account for cost-of-living savings accrued to local citizens through government-subsidized housing, health care, and education, differences in taxation, and many other factors irrelevant to expatriates. Cost of living may be much higher for expatriates than for local residents in a developing country, especially if expatriates expect a standard of living similar to a developed country. With the rising cost of fuel and gas, the impact of rising cost for basic goods and services are going to be stronger than ever, coupled by the poor performance of USD. 

How are we as expat deal with it? What sort of lifestyle changes are we most likely to conform with? We would love to hear your opinions and tips on saving whilst living away from home country. 

For more information on survey done on the topic, please visit City Mayors website.

 

 

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“What-if” Syndrome of Expat Life Mei 13, 2008

Posted by Jun in Being Expat.
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19 comments

It is finally coming. I will be getting my spouse visa by the end of the week. I will need to get my one way ticket to the Philippines. Not that it is a bad thing, I am ready to start a new life. I have quitted my job last month. I gave my two month’s notice in March. Somehow, I have not done anything to prepare for my trip. Thankfully, we only need to be in the Philippines for six months, then we might be moving to other countries again. I am enlisting to nomadic lifestyle club! 

It has been a while since I stayed away from home. The last time was in 2000 when I went to Adelaide for school. So many doubts and questions are engulfing me right this moment. 

Have I spent enough time with my parents to make sure they will not miss me as much? Have I settled all my finances? How much should I bring? What if I get sick and my mother is not around to make me chinese herbal tea? What am I going to do there? Should I get a job? Should I become a stay home wife? What if we have to move to some weird-ass (pardon my language) country again? Can my parents come and visit? What about chinese new year? Can I come home then? What if I want to eat sambal? 

Moving away from home, is like moving away from my nest. My comfort zone. It is so hard. As it is nearer, I am feeling more and more restless. 

How do you cope with moving our of the country? What did you find is the hardest thing of the whole thing?