Caracas Venezuela most expensive city for expatriates

abs-cbnnews.com reported What is the most expensive city for expatriates around the world? No, it’s not Tokyo, Japan, which has always topped the list of “most expensive” cities. Caracas, Venezuela edged Tokyo to top the global list of most expensive locations for international assignees for the first time, according to the latest Cost of Living survey by ECA International. ECA International, a leading provider of knowledge, information and technology for the management and assignment of employees around the world, said Tokyo still topped the list of most expensive locations in Asia for expatriates. Tokyo dropped to 10th place on the global list due to the weaker yen. Read Article