Port of Spain is the capital of the Republic of Trinidad and Tobago. Port of Spain is Trinidad and Tobago's most developed city. The city serves primarily as a retail and administrative centre. Trinidad and Tobago are islands between the Caribbean Sea and the North Atlantic Ocean, northeast of Venezuela. The climate is tropical. The official language is English. It is widely spoken, while Creole, Spanish and some dialects are also spoken, but not in business circles. The main religions are Christianity, Hinduism and Islam. The economy of Trinidad is based on natural gas and oil. Recent growth has been fuelled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. Agricultural products include citrus, cocoa, and other products. Expatriate business dress is typically a light suit for formal meetings and short-sleeved shirts and cotton trousers for less formal meetings. The security risk for expatriates in Trinidad and Tobago is medium overall, but high in some areas. Risks include a high crime rate on the island of Trinidad (lower on the island of Tobago), opportunistic street crime, violent crime, muggings and assaults. The currency of Trinidad and Tobago is the Trinidad/Tobago Dollar (TTD). Medical facilities are generally below international standards and can be limited and expensive for routine treatment. Serious or complex medical treatment may require evacuation which can be expensive. Cases of Zika virus and Chikungunya virus have been reported. Dengue fever is endemic. The population of Port-of-Spain is 269,000 (2016 est.), while the inflation rate is 3.4% (2016 est.).
Cost Of Living
The cost of living for expatriates in In Port-of-Spain, 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): Port-of-Spain as at 1 April 2016 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: High 3) Communication: Low 4) Education: Average 5) Furniture & Appliances: Very High 6) Groceries: High 7) Healthcare: Average 8) Household Accommodation: High 9) Miscellaneous: Average 10) Personal Care: High 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: Average 13) Transport: High Port-of-Spain is for example 24.4% more expensive than Mersin for groceries, 34.4% more expensive for household costs than Turkmenistan, and 63.9% more expensive for transport costs than Ashgabat. The hardship premium for Port-of-Spain for an expat from Belfast, is for example 10%, i.e. host location (Port-of-Spain) premium of 20% minus home (Belfast) location premium of 10%. Port-of-Spain is ranked as a some hardship location. Want to know more about cost of living, hardship or expat pay in Port-of-Spain? Register subscribe to your home location and Port-of-Spain and run your personalised reports.