Moving to Hong Kong: A Stress-Free Relocation Guide
Introduction
Hong Kong is a top expat destination in Asia, particularly popular among professionals in business, banking, and finance, with many international companies maintaining their headquarters in the city. Since the United Kingdom's handover of Hong Kong to China in 1997, the city has faced various challenges including the Asian financial crisis, avian flu, and SARS.
Expat Life in Hong Kong
Demographics
- Large expat community of approximately 100,000 people
- Traditional popularity among European expats
- Growing international diversity due to low taxation and high living standards
Strategic Location
- Excellent base for exploring Asia
- Easy access to mainland China and Taiwan
- "Work hard, play hard" culture prevalent
Climate and Weather
Seasonal Variations
- Subtropical climate
- Summer: Hot and humid (up to 32°C/90°F)
- Autumn: Most pleasant (19°C-28°C/66°F-82°F)
- Winter: Overcast and cool (below 10°C/50°F)
Cost of Living
Monthly Expenses
- Family of four: Approximately HK$30,000 (excluding rent)
- Single person: Approximately HK$8,300 (excluding rent)
Language and Communication
Official Languages
- English and Chinese
- Predominant dialect: Cantonese
- Minor dialects: Hakka and Teochew
Relocation Logistics
Shipping Information
- No duty or tax on imported personal household items
- No quantity restrictions on imports
- Quick and affordable delivery services available
Education System
Public Schools
- World-class educational standards
- Cantonese-based curriculum
- Recent shifts from rote learning to holistic approach
International Schools
- Popular among expat families
- Easier adjustment for foreign students
- Multiple curriculum options available
Essential Information
Legal Requirements
- Mandatory Hong Kong ID card carrying requirement
- Separate visa needed for mainland China
- 17 public holidays annually
Housing Characteristics
- Most residences lack built-in ovens
- Typically requires three months' rent upfront
Taxation
- No monthly withholding tax
- Lump sum tax payments
- Initial tax bill includes provisional payment for next year
Advantages of Hong Kong Living
Key Benefits
- Dynamic cultural environment
- Large expat community
- Quality education options
- Efficient public transportation
- China accessibility
- Financial advantages
- Economic freedom
- High workforce productivity
- Liberal immigration policies
Relocation Tips
Pre-Move Checklist
- Secure necessary documentation and visas
- Early school application for children
- Prepare rental deposit
- Understand bi-annual tax obligations
- Arrange appropriate insurance coverage
- Plan for cultural integration and language learning
Basic Facts About Hong Kong
Languages: Cantonese, English & Mandarin
Population: About 7.5 Million
Religion: Buddhism, Taoism & Christianity
Currency: Hong Kong Dollar (HKD)
Dialing Code: +852
Currency: Canadian Dollar ($)
Internet Domain: .hk
Emergency Number: 999
Download Documents