Hong Kong, the most expensive country to start a business, Singapore the cheapest

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According to the last worldwide survey conducted by international real estate firm Savills, Hong Kong is again in 2013 the most expensive country to settle a foreign company in. You need to prepare at least 1.1 million euro a year to have offices for 14 employees and find places to live for those expats.

1. Hong Kong
2. New York
3. London
4. Paris
5. Tokyo

Though Singapore is 6th on this ranking, if you compare it to its GNP per year, so to the revenues you can generate in this country, Singpore becomes the most beneficial and cheapest in the world.

So, Singapore anyone?

To know more : http://www.savills.co.uk/research_articles/141285/170076-0

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