Praia is the capital and largest city of Cape Verde. Praia is Cape Verde’s largest city, a commercial centre, and a port that ships coffee, sugar cane, and tropical fruits. Praia also has a fishing industry and there are resort beaches nearby. Cape Verde is in Western Africa, it is a group of islands in the North Atlantic Ocean, west of Senegal. Temperate; warm, dry summer; precipitation meagre and very erratic. Steep, rugged, rocky, volcanic. The official language is Portuguese which is the main business language, a patois known as Crioulo is spoken colloquially. Visitors should check in advance whether interpretation will be necessary. All correspondence should be in Portuguese, English or French. The main religion is Christianity. The economy of Cape Verde is service-oriented, with commerce, transport, and public services accounting for more than 70% of GDP. Although nearly 70% of the population lives in rural areas, agriculture and fishing contribute only about 9% of GDP. Light manufacturing accounts for most of the remainder. Expatriate Cape Verdeans contribute an amount estimated at about 20% of GDP to the domestic economy through remittances. The security risk for expatriates in Cape Verde is low. Risks include petty street crime and theft in crowded areas such as markets, as well as violent crime usually related to drug trafficking. The population in Praia is 0.128 Mil (2014 est.), while the inflation rate is -0.1% (2014 est.).
Cost Of Living
The cost of living for expatriates in Praia as at 1 April 2015 is low in comparison to other places in the world. In Praia, 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: Low 3) Communication: High 4) Education: Average 5) Furniture & Appliances: Average 6) Groceries: Low 7) Healthcare: Very Low 8) Household Accommodation: Low 9) Miscellaneous: Very High 10) Personal Care: Low 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: High 13) Transport: Very Low Praia is for example -17.1% cheaper than Montevideo for groceries, -8.1% cheaper for household costs than Durban, and -26.2% cheaper for transport costs than Athens. Praia is ranked as a high degree of 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 Praia for an expat from Zurich is for example 20%, i.e. host location (Praia) premium of 30% 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 Praia? Register subscribe to your home location and Praia and run your personalised reports.