Washington D.C. is the capital of the United States. The Washington Metropolitan Area is the metropolitan area centred on Washington, D.C., includes all of the federal district and parts of the U.S. states of Maryland, Virginia, and West Virginia Washington, D.C. hosts 174 foreign embassies as well as the headquarters of the World Bank and the International Monetary Fund (IMF). The headquarters of other institutions such as trade unions, lobbying groups, and professional associations are also located in the District. Washington has a growing, diversified economy with an increasing percentage of professional and business service jobs. The United States of America (USA) is in North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico. The climate is mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semi arid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest. The official language is English. It is predominant in business circles throughout the US. The US has highly cosmopolitan immigrant communities, particularly in cities who speak many other languages. Spanish is widely spoken in districts of most cities, as well as areas near the Mexican border. The main religion is Christianity. The economy of the United States is a capitalist mixed economy, fuelled by abundant natural resources, a well-developed infrastructure, and high productivity. The U.S. economy is the largest national economy in the world, with an estimated gross domestic product (GDP) equal to a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity. Expatriate business dress is generally formal, comprising jacket and tie for men and suits for women, although this may differ by industry and state. The security risk for expatriates in the United States is low overall, but medium in low-income, inner-city areas. Risks include terrorism, opportunistic street crime (such as pickpocketing, bag-snatching, mugging and vehicle theft), and violent crime in low-income, inner-city areas. Other risks include hurricanes, forest fires, and snowstorms. The currency of United States is the US Dollar (USD). Banking is on a par with the rest of Western Europe and North America. Medical facilities are good, however the cost of treatment for expatriates can be high. Some hospitals may ask non-US residents to pay a deposit or ‘good faith’ payment on admittance. The population of Washington-Arlington-Alexandria DC-VA is 9.5 Million (CSA) (2018 est.), while the inflation rate (CPI) is 2.5% for the United States as at April 2018. For a single Expat, the personal income tax rate in the USA is based on the current personal income tax rates using the Single Federal income tax 2018 marginal rates for individuals which are progressive up to 37%. In addition there are State and Local Taxes which vary across the USA. The average State and Local Tax is 6.5%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Washington-Arlington-Alexandria DC-VA, 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): Washington-Arlington-Alexandria DC-VA as at 1 April 2018 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: High 2) Clothing: Average 3) Communication: High 4) Education: Very High 5) Furniture & Appliances: Average 6) Groceries: High 7) Healthcare: High 8) Household Accommodation: Very High 9) Miscellaneous: Average 10) Personal Care: High 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very High Washington-Arlington-Alexandria DC-VA is for example 41.3% more expensive than Houston TX for groceries, 66.5% more expensive for household costs than Kuala Lumpur, and 42.8% more expensive for transport costs than Dubai. The hardship premium for Washington-Arlington-Alexandria DC-VA for an expat from Perth, is for example 0%, i.e. host location (Washington-Arlington-Alexandria DC-VA) premium of 10% minus home (Perth) location premium of 10%. Washington-Arlington-Alexandria DC-VA is ranked as a minimal hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Washington-Arlington-Alexandria DC-VA? Register subscribe to your home location and Washington-Arlington-Alexandria DC-VA and run your personalised reports.