How much does it cost to live in Myanmar?

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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 29.93$

Is it expensive to live in Myanmar?

The cost of living in Myanmar is $805, which is 1.09 times more expensive than the world average. Myanmar ranked 93rd out of 197 countries by cost of living and the 168th best country to live in. The average salary after taxes in Myanmar is $185, which is enough to cover living expenses for 0.2 months.

Can foreigners live in Myanmar?

Myanmar is quite safe for expats and travelers. The most common incidents reported by foreigners are non-violent crimes, such as theft of unattended items or pick-pocketing, but even cases of those are extremely low. Yangon is one of Asia’s safest cities, with no areas to be avoided.

Is Myanmar a good place to live?

Living in Yangon, Life in the Land of Shwe

The former capital of Myanmar, and its largest city, Yangon is one of Asia’s safest cities, with no areas to be avoided. It is a city with rich culture, warm people and a surprisingly fast rate of growth.

Is it safe to live in Myanmar?

Myanmar is safe to live in and a lot of foreigners from all over the world do. On the whole, Myanmar is definitely an adventurous place to live. You’ll often get the feeling you’ve stepped back in time. People are friendly, there are charming daily markets, and a load of nature to explore on your days off.

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What is a good salary in Myanmar?

A person working in Myanmar typically earns around 545,000 MMK per month. Salaries range from 138,000 MMK (lowest average) to 2,430,000 MMK (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

What is a good salary in Yangon?

A person working in Yangon typically earns around 576,000 MMK per month. Salaries range from 146,000 MMK (lowest average) to 2,570,000 MMK (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

Can I move to Myanmar?

Absolutely. If you are acquainted with the local law and culture, you will not experience any issues in the country, and will always feel safe in any part of Myanmar.

Is Myanmar cheaper than Thailand?

Overall, despite accommodation and tour costs being slightly higher than those in Thailand, Myanmar is still a very affordable destination.

Can foreigner buy house in Myanmar?

Are there any restrictions? Foreign individuals and companies are not allowed to own real estate in Myanmar, except for condominiums, of which foreigners may own up to 40% of the total units of a condominium building.

Can a foreigner open a bank account in Myanmar?

Is it easy for an expat to open a bank account in Myanmar? Yes. You will only need to provide your passport and visa in order to open an account in any of the local banks.

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