Sao Paulo, the capital of the state of Sao Paulo, is largest city in Brazil, the largest city in the southern hemisphere, and the world's 7th largest metropolitan area. Sao Paulo's economy has traditionally been industrial, but it has become increasingly based on the tertiary sector, focusing on services and businesses for the country and is the Brazilian HQ for a large number of foreign corporations. Brazil is in Eastern South America, bordering the Atlantic Ocean. Mostly tropical, but temperate in south. Mostly flat to rolling lowlands in north; some plains, hills, mountains, and narrow coastal belt. The official language is Brazilian Portuguese. This is different from European Portuguese in pronunciation and some vocabulary. Many people do speak English in business and federal government circles, but visitors cannot rely on a contact's ability to speak English and should check in advance whether an interpreter will be necessary. The main religion is Christianity. The economy of Brazil is a federal economy. Brazil is the ninth largest economy in the world and the second largest in the Americas, after the United States. The population in Sao Paulo is 19.9 Mil (2014 est.), while the inflation rate is 6.52% (2014 est.).
Cost Of Living
The cost of living for expatriates in Sao Paulo as at 1 October 2014 is very high in comparison to other places in the world. In Sao Paulo, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Very High 3) Communication: Very High 4) Education: Very High 5) Furniture & Appliances: High 6) Groceries: High 7) Healthcare: Very High 8) Household Accommodation: Very High 9) Miscellaneous: Very High 10) Personal Care: Very High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Average Sao Paulo is for example 25.1% more expensive than Montevideo for groceries, 58.6% more expensive for household costs than Durban, and 0% cheaper for transport costs than Athens. Sao Paulo is ranked as a some hardship location. Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. The hardship premium for Sao Paulo for an expat from Zurich is for example 10%, i.e. host location (Sao Paulo) premium of 20% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Sao Paulo? Register subscribe to your home location and Sao Paulo and run your personalised reports.