Myanmar (Burma) is in South Eastern Asia, bordering the Andaman Sea and the Bay of Bengal, between Bangladesh and Thailand. The climate is tropical monsoon with cloudy, rainy, hot and humid summers, and less cloudy, drier and mild winters. The official language is Myanmar (Burmese). English is widely spoken. The main religions are Buddhism, Christianity and Islam. Burma is one of the poorest nations in the world, suffering from decades of stagnation, mismanagement, and isolation. In Myanmar people are polite and hospitable. People do not have family names. Expatriate business dress is typically a lightweight suit and tie for men, and generally conservative clothing for women. The security risk for expatriates in Myanmar is medium to high. Risks vary geographically, but include armed ethnic separatist groups in certain areas, small-scale bombings, low levels of general crime, and poor internal travel conditions. The currency of Myanmar is the Myanmar Kyat (MMK). Medical facilities are limited. Serious or complex medical treatment may require evacuation which can be expensive. The population of Myanmar is 53.6 Million (2018 est.), while the inflation rate (CPI) is 8.18% for Myanmar as at August 2018. Xpatulator Hypothetical Tax for Myanmar is based on the current personal income tax rates which are progressive up to 25%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Myanmar, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Myanmar as at 1 October 2018 is average in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very Low 2) Clothing: High 3) Communication: High 4) Education: Low 5) Furniture & Appliances: Very Low 6) Groceries: Average 7) Healthcare: Very Low 8) Household Accommodation: Average 9) Miscellaneous: Average 10) Personal Care: Very Low 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very Low 13) Transport: High Myanmar is for example -7.7% cheaper than USA for groceries, -6.1% cheaper for household costs than UK, and 127.9% more expensive for transport costs than India. The hardship premium for Myanmar for an expat from Australia, is for example 30%, i.e. host location (Myanmar) premium of 40% minus home (Australia) location premium of 10%. Myanmar is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Myanmar? Register subscribe to your home location and Myanmar and run your personalised reports.