Guinea-Bissau is in Western Africa, bordering the North Atlantic Ocean, between Guinea and Senegal. The climate is tropical and generally hot and humid with a monsoonal-type rainy season (June to November) and a dry season (December to May). The official language is Portuguese. Crioulo is widely spoken. Ethnic African languages such as Balante and Fulani are also spoken widely. The main religions are Indigenous beliefs, Islam and Christianity. The economy of Guinea-Bissau is among the world's least developed and one of the 10 poorest countries in the world, dependant mainly on agriculture and fishing. Business culture has a Portuguese influence. Expatriate business dress is less formal such as a bush jacket and no tie. The security risk for expatriates in Guinea-Bissau is high. Risks include those related to long-term political instability and tension between the government and military, which has resulted in coup attempts, travel restrictions and border closures in the past. Risks also include petty crime, organised crime, inadequate security forces, and rebel activity. The currency of Guinea-Bissau is the CFA Franc BCEAO (XOF). Guinea-Bissau is a cash based economy. Credit cards are rarely accepted and there are limited ATMs. Medical facilities are extremely limited. Serious or complex medical treatment requires evacuation which can be expensive. Outbreaks of cholera have been reported. The population of Guinea-Bissau is 1.8 Million (2019 est.), while the inflation rate (CPI) is 1% for Guinea Bissau as at December 2018. Xpatulator Hypothetical Tax for Guinea-Bissau is based on the current personal income tax rates which are progressive up to 40%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Guinea-Bissau, 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): Guinea-Bissau as at 1 January 2019 is very low in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: High 2) Clothing: Very Low 3) Communication: Low 4) Education: Low 5) Furniture & Appliances: High 6) Groceries: Low 7) Healthcare: Very Low 8) Household Accommodation: Very Low 9) Miscellaneous: Very High 10) Personal Care: Low 11) Recreation & Culture: Low 12) Restaurants Meals Out and Hotels: Very Low 13) Transport: Low Guinea-Bissau is for example -11.4% cheaper than USA for groceries, -46.1% cheaper for household costs than UK, and 62.4% more expensive for transport costs than India. The hardship premium for Guinea-Bissau for an expat from Australia, is for example 30%, i.e. host location (Guinea-Bissau) premium of 40% minus home (Australia) location premium of 10%. Guinea-Bissau is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Guinea-Bissau? Register subscribe to your home location and Guinea-Bissau and run your personalised reports.