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 good for living?
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.
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. All of them have their pluses.
How much do you need to live comfortably in Hong Kong?
You should allow for HK$30,000 to HK$50,000 (US$3,900 to US$6,500) per year for other living costs, including food, leisure, transportation, and personal items, depending on how extravagantly you plan to live.
What is the average rent 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. Older buildings are often renovated to offer their tenants the same comfort as new housing developments.
How much is average rent 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 salary do I need to live in Hong Kong?
Based on our research in our realistic monthly budget for Hong Kong, individuals should budget for between HK$27,500-HK$43,000 per month. Couples should budget HK$37,500 - HK$52,000 and families should budget HK$43,500-60,000 per month. Thats what the cost of living in Hong Kong can look like every month.
What jobs are in demand in Hong Kong?
Hong Kong Top 5 Job Trends for 2020FinTech & InsurTech. Since HKMA has issued a total of eight virtual banking license, the FinTech industry is expected to grow and expand in the coming years. Regulatory & Compliance in Banking & Financial Services. Digital Marketing. Human-centred Design. IT Application.
How much money can you bring to Hong Kong?
Travellers in and out of Hong Kong will need to declare if they are carrying more than HK$120,000 (US$15,300) in cash, after a new law to tackle dirty money comes into force in mid-July.
Can I drink the tap water in Hong Kong?
Hong Kongs water is good enough to drink. According to the WSD, Hong Kongs water is actually among the safest in the world14. So as long as you maintain your plumbing in good condition, Hong Kongs water is actually safe to drink from the tap without having to boil.
What do Hong Kongers speak?
Cantonese Cantonese remains dominant with 96% percent. As for Mandarin, 48% of Hong Kongs population can speak it, compared to 46% of population that can speak English. Previously, English was the second most spoken language.
What is the highest paid job in HK?
Finance Control & Strategy The highest paid Hong Kong are Legal & Paralegal professionals at $134,000 annually.
Is Hong Kong clean?
Move over Singapore. Hong Kong is rivaling it as Asias cleanest city, and into the bargain, retaining much of its character.