Cost of living in Madagascar – 2015

Hello,

For Nosy Be (Island in the North of Madagascar) , it's there : https://www.expat.com/forum/viewtopic.p … 77#2337896 (December 2014). Nosy Be is little more expensive than Tana.

Ray

Don't forget to include "various other costs", such as:

* visa (for investors much higher than in many other countries), for example about 700 € for 5 years.
* bribes for "unforeseen events", such as defend yourself against blackmailing by judges, tax inspectors,
  getting permits for various activities etc
  You might call this corruption - but when your innocent employee or family member is put in prison and
  you do not want to let him stay there for years...

  In the past 5 years, corruption has developed into blackmailing and mafia methods ("if you do not
  pay...").

  Company directors who invested 200 to 400,000 € are often too afraid to NOT pay into the private
  pockets of tax inspectors - some company owners were expulsed mano militari - and they do not even
  know why up to date.

* Theft, damage due to mishandling (often by your staff) or other losses

Madagascar was just classified into the worst of all categories by COFACE, as a country of high political risk (A1-A4 = countries with a high degree of investment security; B-D the rest, D being the absolutely worst. This is where Madagascar is now).

Hi Salsera,

You are off topic here.

Can you please post some useful information about the subject which is Cost of living in Madagascar?

Thank you.

Sorry, but this is NOT off topic.

It is unfortunately very realistic!

People may be happy to see how cheap life is here, but you do have to take these costs into your account to avoid to be shocked some day.

@ Salsera > I think that it would be best if your answers can be based on the questions asked by the team, that is why Christine said that you were off topic.

Thank you for your understanding,

Priscilla