Expats in Hong Kong seldom come to stay for longer than two years which means you’re forced to be comfortable with change. Everything needs to be scheduled well in advance, especially with local friends. Additionally, there’s a lot of privilege given to people of certain countries, and the opposite for minorities.”
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Contents
Is Hong Kong good for expats?
Hong Kong is a fantastic destination for expats and their families, with wonderful food, a vibrant culture and so much opportunity. Just make sure you are well prepared, with a job offer secured, international health insurance prepared and an apartment ready to help you settle in quickly.
What is it like living in Hong Kong as an expat?
The expat community is small and no matter what you do for a living, meeting friendly like-minded people is easy. Everyone has business cards here and it’s considered impolite if heading out and not taking a handful with you for the chance encounter that you may have.
Where do most expats live in Hong Kong?
Whilst some intrepid souls love living in ‘the dark side’ of Kowloon, there are three key areas that expatriates tend to gravitate towards: the south side of the island including Stanley and Pokfulam; the Peak; and over to the New Territories, Sai Kung and Clear Water Bay.
What is a good expat salary in Hong Kong?
The average cost of employing a mid-level expatriate employee in Hong Kong cost a company US$284,466 (HK$2,231,611), including an average cash salary of US$88,126 (HK$691,344). Expat packages include three main elements: the cash salary, benefits (such as accommodation, international schools, or cars) and tax.
What could the pros and cons of living in Hong Kong be?
worth considering.
- A Vibrant Culture.
- A Large Expat Community.
- Excellent Opportunities for Education.
- Excellent Public Transportation System.
- High Pollution Levels.
- High Rental Costs and Small Spaces.
- A Transient City.
Is it better to live in Hong Kong or Singapore?
Singapore Is A Safer City Than Hong Kong, But Both Are Better Than Many Western Cities. Based on The Economist Safe Cities Index 2021, Singapore is ranked higher than Hong Kong overall with Singapore sitting in 3rd while Hong Kong is a few places lower sitting in joint 8th with Melbourne.
What are the do’s and don’ts for an expatriate working in Hong Kong?
Dos and don’ts of business in Hong Kong
- Do make casual conversation, but not about personal, financial or political matters.
- Don’t expect to get any business done over Chinese New Year.
- Do get a Chinese-language version of your business details printed on the reverse side of your card.
Is it worth living in Hong Kong?
Safety. Hong Kong has one of the lowest crime rates in the world despite the territory having one of the most densely populated urban regions. Often described as one of the safest cities in the world, low crime rates make Hong Kong the perfect place for you to settle down.
Can an American move to Hong Kong?
Although it depends on the passport you hold, most people are allowed to land and stay here as a visa-free visitor for seven to 180 days. Working visa: Unless you have a Hong Kong “Right of Abode” or “Right to Land”, you will need a visa to work in Hong Kong.
How much do you need to live comfortably in Hong Kong?
If you live in University-provided residence halls or hostels, you’ll pay a modest HK$5,000 (about US$650) to HK$15,000 (around US$2,000) per semester; expect to pay that much per month if living off-campus.
Cost of Living.
| Items | HK dollars (Approx.) | US dollars (Approx.) |
|---|---|---|
| A movie ticket (without 3D effect) | $50.00-130.00 | $6.40-16.60 |
What is Expat short for?
According to Wikipedia, “an expatriate (often shortened to expat) is a person temporarily or permanently residing in a country other than that of the person’s upbringing. The word comes from the Latin terms ex (‘out of’) and patria (‘country, fatherland’)”.
What is the largest expat community in Hong Kong?
Hong Kong is home to the largest French expat community in Asia. It’s estimated that there are now more than 20,000 French nationals living in Hong Kong, double the amount from 10 years ago.
What does a typical expat package include?
While less common, one might also find the expat package includes the cost of membership to a local golf club, yacht club, gym, etc. – and include subscriptions to magazines, newspapers and trade journals of choice. Standard benefits such as bonuses, annual leave, medical leave and insurance should always be available.
How much tax do expats pay in Hong Kong?
Among the many reasons Hong Kong remains a popular place for both expatriates and for corporations is their favorable system of taxation. The Hong Kong tax rate is progressive, and capped at a rate of 17%. This is significantly lower than many taxes in western nations, inclusive of United States expat tax.
How much does a one bedroom apartment cost in Hong Kong?
The average rent for a one-bedroom apartment in Hong Kong can range from 12,000 to 20,000 HKD (1,500 to 2,500 USD) or more per month. On the upside, most apartments easily meet the highest standards of living.
What are the disadvantages of living in Hong Kong?
Cons
- Air pollution.
- Noise.
- Crowds.
- Work hours/workload.
- Rent.
- Weather.
Is Hong Kong clean city?
So, is Hong Kong clean? Hong Kong is generally clean ranking third in 2021 for health security and has been making improvements in air quality from 2001 onwards but littering, beach and coastal health need to improve for Hong Kong to become a cleaner, healthier city going forward.
Are salaries higher in Hong Kong or Singapore?
The top salaries in Hong Kong for jobs in the financial industry are about 25 percent higher than in Singapore on average, according to data compiled by Bloomberg from the 2017 salary survey of recruitment firm Robert Walters Plc. That trend carries across most industries.
Is Taiwan better than Hong Kong?
Congratulations to Taiwan for scoring slightly better than Hong Kong! While each destination has its own strengths, Taiwan fares better in terms of accommodation, nightlife, natural scenery and culture, whereas Hong Kong scores an edge in transport, shopping and urban landscape.
How long do expats stay in Hong Kong?
Expats in Hong Kong seldom come to stay for longer than two years which means you’re forced to be comfortable with change. Everything needs to be scheduled well in advance, especially with local friends.
