Funafuti is an atoll that forms the capital of the island nation of Tuvalu. Funafuti has an airstrip, hotel (Vaiaku Langi Hotel), and administrative buildings, as well as homes, constructed both in the traditional manner, out of palm fronds, and more recently out of cement blocks. Tuvalu is an island group consisting of nine coral atolls in the South Pacific Ocean, about one-half of the way from Hawaii to Australia. The climate is tropical, moderated at different times by easterly trade winds, westerly gales and heavy rain. The official languages are English and Tuvaluan. The main religion is Christianity. The economy of Tuvalu suffers from its remoteness and lack of economies of scale. Virtually the only jobs in the islands that pay a steady wage or salary are with the government. Subsistence farming and fishing remain the primary economic activities, particularly off the capital island of Funafuti. There is no apparent large income disparity among the residents. Expatriate business dress is relaxed but modest. The security risk for expatriates in Tuvalu is low. Risks include low levels of petty crime. The currency of Tuvalu is the Australian Dollar (AUD). Tuvalu is a cash based economy. Credit cards are not accepted. There are no ATMs. Medical facilities are generally adequate for routine medical treatment. Serious or complex medical treatment may require evacuation which can be expensive. Dengue fever occurs. The population of Funafuti is 6,000 (2018 est.), while the inflation rate (CPI) is 3.3% for Tuvalu as at 2015. Xpatulator Hypothetical Tax for Tuvalu is based on the current personal income tax rates which are progressive up to 30%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Funafuti, 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): Funafuti as at 1 January 2019 is high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Average 3) Communication: Average 4) Education: Low 5) Furniture & Appliances: High 6) Groceries: High 7) Healthcare: Average 8) Household Accommodation: Very High 9) Miscellaneous: Low 10) Personal Care: Average 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: High 13) Transport: Average Funafuti is for example 37.7% more expensive than Houston TX for groceries, 59% more expensive for household costs than Kuala Lumpur, and 43.5% more expensive for transport costs than Dubai. The hardship premium for Funafuti for an expat from Perth, is for example 20%, i.e. host location (Funafuti) premium of 30% minus home (Perth) location premium of 10%. Funafuti 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 Funafuti? Register subscribe to your home location and Funafuti and run your personalised reports.