Saipan is the largest island of the Northern Mariana Islands. The Commonwealth's centre of government is located in the village of Capital Hill on the island. Saipan is often referred to as the capital of the Northern Mariana Islands. Tourism has long been a vital source of the island's revenue. In years past, the main economic driving force in Saipan was garment manufacturing, however there are no garment manufacturers left on the island. The Northern Mariana Islands are in Oceania. They consist of islands in the North Pacific Ocean, about three-quarters of the way from Hawaii to the Philippines. The climate is tropical marine, moderated by northeast trade winds, with little seasonal temperature variation. The official language is English. Carolinian, Chamorro and Japanese are also widely spoken. The main religion is Christianity. The economy of the Commonwealth of the Northern Mariana Islands benefits from substantial subsidies and development assistance from the United States. The economy also relies on tourism, especially from Japan, and up until recently on the garment manufacturing sector. Expatriate business dress is typically a lightweight suit. The security risk for expatriates in the Northern Mariana Islands is low. Risks include low levels of general and violent crime. The currency of Northern Mariana Islands is the US Dollar (USD). Medical facilities are limited to routine treatment. Serious or complex medical treatment may require evacuation which can be expensive. The population of Saipan is 48,200 (2018 est.), while the inflation rate (CPI) is 1.7% for the Northern Mariana Islands as at 2016. For a single Expat, the personal income tax rate in the Northern Mariana Islands is based on the current personal income tax rates for the USA using the Single Federal income tax 2018 marginal rates for individuals which are progressive up to 37%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Saipan, 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): Saipan as at 1 April 2018 is high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: High 2) Clothing: Average 3) Communication: Average 4) Education: Low 5) Furniture & Appliances: High 6) Groceries: Average 7) Healthcare: Average 8) Household Accommodation: Very High 9) Miscellaneous: Average 10) Personal Care: Average 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: Low 13) Transport: Average Saipan is for example 24% more expensive than Houston TX for groceries, 58.5% more expensive for household costs than Kuala Lumpur, and 13.9% more expensive for transport costs than Dubai. The hardship premium for Saipan for an expat from Perth, is for example 30%, i.e. host location (Saipan) premium of 40% minus home (Perth) location premium of 10%. Saipan is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Saipan? Register subscribe to your home location and Saipan and run your personalised reports.