Johannesburg 'most affordable for expats'

Johannesburg has been named the most affordable city in the world for expatriates in a new survey.

Property investors may be interested to know that the South African destination was bottom of the Mercer 2009 Cost of Living list, as it was the least expensive city analysed.

Johannesburg overtook Asuncion in Paraguay as the cheapest place to live for expatriates, based of more than 200 criteria, including transport, food and housing.

The most expensive city in the world to move to was Tokyo, with the top ten dominated by Asian and European locations.

Mercer attributed movements in this year's Cost of Living survey - which covers 143 cities in six continets - to currency fluctuations caused by the economic downturn.

Tourism KwaZulu Natal recently claimed that the South African region has some of the "world's best beaches" and warm temperatures along its coastline, with Blue Flag status awarded to Hibberdene, Ramsgate, Margate and Marina/San Lameer beaches.

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