Lyon is in east-central France and is the second-largest metropolitan area in France. Lyon is a major industrial centre specializing in chemical, pharmaceutical, and biotech industries. The city contains a significant software industry with a particular focus on video games, and in recent years has focussed on a growing local start-up sector. France is in Western Europe, bordering the Bay of Biscay and English Channel, between Belgium and Spain, southeast of the UK; bordering the Mediterranean Sea, between Italy and Spain. The climate is generally cool in winter and mild in summer, but with mild winters and hot summers along the Mediterranean. The official language is French. English is commonly spoken in major cities and in business circles. Visitors, particularly native English speakers, should try to speak at least a few words of French. Do not use the familiar 'tu' form of address unless invited to do so. The main religion is Christianity. The economy of France is a mixed economy which is the fifth largest economy in the world, by measurement of GDP (nominal), behind the United States, Japan, China and Germany. It is the second largest economy in Europe. Business in France tends to be on the formal side. It is expected to use formal terms of address such as ‘mademoiselle' for young women, ‘Madame' for other women, ‘monsieur' for men, plus the surname (for example, Madame DuPont). If a professional title is used (for example, ‘monsieur le president'), expatriates should follow the example. France has a conservative business culture, which although is changing, continues to be male dominated, particularly in large domestic companies. The security risk for expatriates in France is generally low. Risks include petty / street crime in major urban areas, especially in tourist areas, disruptions related to strikes, and particularly in recent years extremist terrorism. The currency of France is the Euro (EUR). Banking is on a par with the rest of Western Europe and North America. Credit cards are widely accepted. The standard of healthcare in France is good, however the cost of treatment for expatriates from outside the EU can be high. The population of Lyon is 2.3 Million (2019 est.), while the inflation rate (CPI) is 1.2% for France as at June 2019. Xpatulator Hypothetical Tax for France is based on the current personal income tax rates which are progressive up to 45%. Note: For income tax purposes, France covers mainland France, the coastal islands and Corsica; and overseas départements (Guadeloupe, French Guiana, Martinique, Réunion and Mayotte).
Cost Of Living
The cost of living for expatriates / professional migrants in In Lyon, 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): Lyon as at 1 July 2019 is high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Average 2) Clothing: Very High 3) Communication: Very High 4) Education: Average 5) Furniture & Appliances: Average 6) Groceries: High 7) Healthcare: Low 8) Household Accommodation: Average 9) Miscellaneous: Average 10) Personal Care: Very Low 11) Recreation & Culture: Average 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very High Lyon is for example 20.5% more expensive than Houston TX for groceries, 16.9% more expensive for household costs than Kuala Lumpur, and 75.5% more expensive for transport costs than Dubai. The hardship premium for Lyon for an expat from Perth, is for example 0%, i.e. host location (Lyon) premium of 10% minus home (Perth) location premium of 10%. Lyon is ranked as a minimal hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Lyon? Register subscribe to your home location and Lyon and run your personalised reports.