Expat Hong Kong News

Latest 10 news items tagged Hong Kong

26 Jul at 6 PM 2016

Best locations for expats from entrepreneurs to retirees

A new survey has identified the best places for expats dependent on their reasons for emigrating. Expats leave their home countries for a variety of reasons, including the need to take their careers further, the wish to unleash their entrepreneurial spirit or a wish to find the most suitable place to retire. The one thing they all have in common is that they feel stuck and unfulfilled in their present situations, but finding the best place settle can be a challenge, even in these technological days. The survey analysed no fewer...
15 Jul at 6 PM 2016

UK insurers pull out of expat health and life insurance

A recently-released survey of UK insurance companies has revealed that only 16 per cent now offer expat life insurance and only 8 per cent offer critical illness cover. The annual Expatriate Insurance Survey’s results make it plain that high-street insurers such as Friends Life, Aviva and Legal and General now have no interest in servicing expat life and health insurance needs. According to authors of the survey, Unusual Risks, there are a number of British expats’ groups with UK property, tax interests or outstanding mortgages...
13 Jul at 6 PM 2016

Top six Chinese cities for expats

For the new breed of adventurous expats, China is the latest attraction, but its massive size and choice of major cities can be hard to navigate. If you’re looking for a fascinating combination of ancient culture, magnificent geographical diversity, stunning modernity and a unique, challenging environment, China is waiting for you. Six of the country’s major cities stand out as a starting point for the expat experience of a lifetime, with your choice based on your personal needs and preferences. The massive, teeming capital of...
8 Jul at 6 PM 2016

Expat salaries and packages in Asia declining in value

Once the darling of expat professionals, Asia is losing its shine as the value of Singapore and Hong Kong rewards decline. The latest survey of expat salaries worldwide has revealed that, although Hong Kong is still top of the tree for expats wanting to advance their careers, Singapore wins out as regards lifestyle. Middle management positions in Hong Kong command pay packages of around HK$2,070,000, a drop in real terms from 2015 even although the city’s ranking moved up from 5th to 4th. The reason for the decline in monetary...
27 Jun at 6 PM 2016

Postal voting scandal ignites worldwide expat fury

Following a report in the Independent newspaper last Thursday, an increasing number of British expats involved in the postal votes scandal are calling for a second referendum. Expats living in EU member states, the USA, Australia and across the world now have the most to lose due to the Leave campaign’s success in the ballot. The majority of those affected did not receive their postal voting forms after they’d registered, with others receiving them as late as 23 June. Full numbers affected are as yet not known, but the...
23 Jun at 6 PM 2016

UK expat retirees backtracking as more young people leave

A recent survey has revealed an increase in younger people becoming expats whilst more retirees are returning to the UK due to financial woes. In 2015, more than 121,000 UK citizens left the UK and headed for expat destinations across the world, according to the Office for National Statistics. At the same time, a NatWest International survey indicated that almost half the total left to work overseas, and around 6 per cent left to study at overseas universities. Taking the two studies into account, it seems that expats are becoming...
22 Jun at 6 PM 2016

Hong Kong now worlds most expensive expat city

One of the most important and longest running cost of living surveys has declared Hong Kong to be the most expensive cities in the world for expats. The 22nd Mercers survey places the Asian expat hotspot at the top of its list of 209 cities as regards cost of living. The aim of the annual study is to help major employers decide on relocation packages, taking into account the average prices of over 200 items from a beer or a coffee to accommodation costs. Hong Kong’s elevation to the top of the tree isn’t a surprise, as the...
15 Jun at 6 PM 2016

Top Hong Kong survival tips for new expat finance professionals

For expat professionals in the world of finance, Hong Kong is one of the planet’s most exciting, challenging, rewarding and hard to manage assignments. Relocation to Hong Kong is one of the most sought-after goals for adventurous finance professionals desperate to make a name for themselves in a fiercely competitive environment. For even the most confident new arrivals, getting the first few months right is key to success in the dream job and all it offers. No-one ever found relocating to China easy, especially if family came...
10 Jun at 6 PM 2016

Expat favourites in this global migration century

With global migration now at an all-time high and involving huge numbers of international professionals as well as retirees, where do they come from and where do they go? Professional expats have many reasons for leaving the home country, with career prospects, increased salaries, an improvement in the work/life balance and the excitement of a new challenge some of the most important. A new report from the United Nations tracks the most popular destination countries and maps the home countries of the international diaspora. The...
9 Jun at 6 PM 2016

Singapore expat cost of living soars over five years

A survey of relative costs of living across professional expat global relocation destinations rates Singapore 18th in the 'most expensive Asian cities' lisitng. Current rankings for Asian cities now places Singapore as the 18th most expensive city in the Asian region. Over the past five years, the city state’s cost of living has risen significantly in spite of recently lower inflation rates. The city’s global cost of living ranking has soared 12 points, mirroring the increases in the cost of living for expat professionals. ECA...