Not sure about the English-in-Business aspect, but in terms of COL, if you are talking about Santiago, I would say the cost of living is around the same as a mid-sized American city. We moved here from Cleveland in September and our utilities have been running around the same as they did in Cle. Cable/internet/phone is about the same. Food ends up being more expensive because although ingredients are cheaper, there are fewer convenience products in the grocery store so I wind up buying more ingredients to make my own pasta, sour cream, sauces, seasonings, etc. Gas is way more expensive if you have to drive. I think I figured it to be around US$4.29 a gallon right now. Rent is inexpensive considering what you get for the money (at least in Cle, most rental homes or apartments are old if they are cheap). Great deals can be had for furnishings if you shop out in the country, but in the city it's overpriced and lots of bad quality junk. Cell phones are expensive but plans are cheaper. I haven't bought clothes here, so I can't speak to that, but prices for some brands seem to be similar (not so much for high-end or american brands). So in the end, I think the direct exchange rate is fairly equivalent to the COL in Santiago. No one has ever offered me a job here but among the stuffy upper-crust crowd we had the misfortune to fall in with (family ties), I think they expect that as a newly wed I should be brewing some babies soon instead of a job... heh.