Quick Answer: Is it worth moving to Hong Kong?

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.

Is Hong Kong a good place to live 2020?

From 2020 onwards, Hong Kong is still a very safe place to live generally speaking, with overall crime on the decline from 2010 to 2018 with it only seeing a slight rise in 2019 and 2020.

Why do expats move to Hong Kong?

Hong Kong is a large city which attracts many expats, more than half of whom (52%) move there for work reasons. Because of the large expat population, it is an extremely international city, popular among people from both nearby Asian countries and further away Western nations.

IT\'S FUNNING:  What are the characteristic of Chinese traditional music?

Is it difficult to move to Hong Kong?

Hong Kong is a highly international place, which makes the process of moving there somewhat easy. The procedures are well-defined, bureaucracy minimal, and English is widely spoken. However, a good knowledge of customs regulations will simplify the relocation process even more.

What is a good expat salary in Hong Kong?

According to HSBC’s 2016 Expat Explorer survey, expats in Hong Kong earn nearly USD 170,000 a year – this is well above the global average of USD 97,000. Skilled expats looking to relocate to the eastern economic powerhouse that is Hong Kong can expect high wages and a great quality of life.

What is expat life like 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. Additionally, there’s a lot of privilege given to people of certain countries, and the opposite for minorities.”

Is it better to live in Hong Kong or Singapore?

In a nutshell, the answer looks like this: Living in Singapore will suit families better with a cheaper cost of living, a safer environment, top PISA marks, a higher standard of English and better air quality, but Hong Kong is the better place to live if you are pursuing a higher salary, enjoy a larger variety of …

How safe is Hong Kong living?

Hong Kong is an advanced economy with very low rates of crime across the city. That’s not to say crime doesn’t happen. Thefts, assaults and burglaries occur as in any other city, and organised crime is a wider issue for the city. However, overall, crime levels are comparatively low and decreasing.

IT\'S FUNNING:  You asked: How do I get a Chinese virtual number?

What is a good salary in Hong Kong 2021?

The average salary in Hong Kong is much higher. It is also a good figure to base you research on, if you are coming to HK as an expat. The current average salary per month is 19100 HKD (2430 USD) for male workers and 14700 HKD (1875 USD) for female workers. Source: Edigest (in Chinese).

How many Westerners live in Hong Kong?

Official figures record around five percent of Hong Kong’s seven million citizens as being foreign. The largest minority group is the 115,000 Filipinos and 110,000 Indonesians who mostly work as maids, nannies, or in various other service positions.

Can I just 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. … Expect the visa process to take about six to eight weeks.

Do you like living in Hong Kong?

In general, life in Hong Kong is fast paced, exciting, sometimes a little frustrating, but a great experience for all involved. It’s a truly safe city, with very little violent crime. … Hong Kong is many things to many people. If you get the chance to experience the lifestyle for yourself, it’ll stay with you forever.

Where do Hong Kong people live?

The Sha Tin district is the most populous, with 648,200, followed by Kwun Tong and Yuen Long, with populations of 641,100 and 607,200, respectively. The main business district, Central and Western, is actually one of the smaller districts in terms of population, with 244,600 residents.

IT\'S FUNNING:  How much did KFC pay China 2017?

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.

Do expats pay tax in Hong Kong?

There is income tax for every individual in Hong Kong. Even foreigners have to pay taxes. There are also differences between profits tax, income tax and property tax, with different requirements for each.

What do I need to know about moving to Hong Kong?

10 Things You Need to Know Before Moving to Hong Kong

  • Rent is Crazy Expensive. …
  • You Don’t Have to Be Rich to Enjoy it. …
  • Tax is Among the Lowest in the World. …
  • The Summers are Humid Beyond Belief. …
  • When it Rains, it Really Pours. …
  • Public Transport is Super Cheap. …
  • There are Two Healthcare Systems. …
  • There’s an App for Everything.