Velocity Global

FEBRUARY 20, 2023

The following cost-of-living indices from Numbeo illustrate how much living costs vary by country (relative to New York City’s cost-of-living index of 100): Cost of Living + Rent Index by Country in 2023 2. If you want to build a distributed workforce, consider partnering with a global employer of record (EoR).

Payroll 97

Payroll Insurance Right-Sizing Administrative 97

Globalization Partners

SEPTEMBER 28, 2021

Of course, the cost of your business operations includes more than the taxes you pay annually. Labor costs, facility and utility costs, transportation fees, and the expenses associated with regulatory compliance all factor into your budget. Fortunately, in Canada, your overall costs in these areas can usually remain low.

Regulations 98

Regulations Insurance Sales Marketing 98

Velocity Global

SEPTEMBER 30, 2020

While countries like Germany, Singapore, and Japan are innovation and engineering hubs, South Korea flies under the radar as a global robotics leader. South Korea is the most automated country on earth, with 631 robots per 10,000 employees— eight times the global average. Fintech: Lithuania.

Marketing 52

Marketing Banking Government Labor Costs 52