Why live in Hong Kong

Hong Kong is arguably the most vibrant city in the world that takes its energy from a confluence between modern and traditional. Food is taken very seriously with tempting fare from stands everywhere and all to the highest standards.

Every one works hard, but there are huge rewards too. The nightclub scene is massive, with bars and restaurants still humming late into the night.

There are also good beaches, good hiking and cycling paths. The shopping is the stuff of legend. People are friendly, and some sources say they have the highest IQ’s per capita in the world.

Medical

Hong Kong has some of the best doctors and the best-equipped hospitals in the world. Before signing an employment contract check the private healthcare plan on offer as these can vary tremendously. For the more serious stuff, surgery and so on, many expats make use of the public hospitals. Be reassured, people living in Hong Kong have the second highest life expectancy in the world.

Bank Accounts

To open a bank account in Hong Kong you simply need to provide the usual proof of identity and address.

Note that there is a charge for international transfers and it takes at least a week for a foreign currency cheque to clear. Consequently you should ensure you bring cash/travellers cheques to cover the beginning of your residency.

Banks here offer a full range of services but as an expat you may only be permitted to open a savings account. Requests to open a current account are considered on a case-by-case basis, with a letter of reference or a sponsor often required.

Finding a Property

The price of renting in Hong Kong is calculated according to the square footage.

Finding a flat can be demanding, but with a little perseverance it is possible to find real gems at affordable prices. To make your home amongst the expat community of Hong Kong Island, focus your search on the Midlevels, Happy Valley, Repulse Bay, Stanley or The Peak.

Travel

You won’t need a car - over 90% of journeys made in Hong Kong are on public transport - the highest percentage in the world. An Octopus card entitles you to travel on the MTR or Mass Transit Railway - this covers the whole of Hong Kong, it’s cheap, air-conditioned and has mobile phone coverage throughout.

Your Octopus card can also be used on railways, buses and ferries. You can also use it to pay for public transport and small daily purchases like a newspaper or a hamburger at McDonalds.

Cost of Living

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