Macedonia is in South Eastern Europe, north of Greece. The climate is warm and dry in summer and autumn, and relatively cold in winter with heavy snowfall. The official language is Macedonian. It is part of a Slavic group of languages similar to Serbian and Bulgarian, and is written in the Cyrillic script. The majority speak Macedonian, many younger members of ethnic minorities, particularly Albanians, either do not speak it well or choose not to for political reasons. Many street signs are in both the Cyrillic and Latin scripts. In areas where Albanians constitute an ethnic majority, signs are in both Macedonian and Albanian. Visitors may find it useful to familiarise themselves with the Cyrillic alphabet. English is the most widely spoken foreign language, followed by German, French, Russian, Italian and Spanish. The main religions are Christianity and Islam. The economy of Macedonia has undergone considerable economic reform since independence. The country has developed an open economy with trade accounting for more than 90% of GDP in recent years. In Macedonia, business meetings are often relatively informal with eating and drinking a central part of business etiquette. Expatriate business dress is typically suits and ties for men and skirts and blouses for women. The security risk for expatriates in Macedonia is low. Risks include protest action, organised crime and ethnically-motivated tension and violence. The currency of Macedonia is the Macedonian Denar (MKD). Credit cards are generally accepted in most hotels and shops. Most ATMs accept international bank cards and are widely available. Medical facilities are generally below international standards. West Nile virus has been reported. The population of Macedonia is 2.1 Million (2019 est.), while the inflation rate (CPI) is 0.8% for Macedonia as at July 2019. Xpatulator Hypothetical Tax for Macedonia is based on the current personal income tax rate which is a flat rate of 10%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Macedonia, 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): Macedonia as at 1 July 2019 is very low in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very Low 2) Clothing: Average 3) Communication: Low 4) Education: Average 5) Furniture & Appliances: High 6) Groceries: Very Low 7) Healthcare: Very Low 8) Household Accommodation: Very Low 9) Miscellaneous: Average 10) Personal Care: Very Low 11) Recreation & Culture: Low 12) Restaurants Meals Out and Hotels: Very Low 13) Transport: Low Macedonia is for example -48.4% cheaper than USA for groceries, -40.2% cheaper for household costs than UK, and 67.4% more expensive for transport costs than India. The hardship premium for Macedonia for an expat from Australia, is for example 20%, i.e. host location (Macedonia) premium of 30% minus home (Australia) location premium of 10%. Macedonia is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Macedonia? Register subscribe to your home location and Macedonia and run your personalised reports.