Expat Hong Kong News

Latest 10 news items tagged Hong Kong

27 Feb at 12 PM 2015

Nutmeg may offer expats its new pension scheme

After launching an online pension, investment manager Nutmeg has said it may consider offering it to expats living in certain jurisdictions. At present, the new initiative is only targeting UK-based people, but the firm has admitted it is open to the idea of making it available to expats in popular locations such as Australia, New Zealand, Hong Kong, Singapore and Luxembourg among other countries as well as the Isle of Man and the Channel Islands. However, anyone living in the US will not be considered because of the Foreign Account...
23 Jan at 9 AM 2015

Singapore tops the list of best place for expats

Singapore has once again claimed top spot in the world’s most liveable city for expats in the latest list published by ECA International. ECA International’s regional director for Asia, Lee Quane, explained that among the factors that led to Singapore taking top spot were solid infrastructure, good quality air, low crime, decent medical facilities and low health risks. Meanwhile, Singapore’s main rival for first position in recent times, Hong Kong, has fallen from 17th to 33rd in the list, a fact that is likely to boost the...
8 Jan at 2 PM 2015

Expats to benefit from new British school in Thailand

Foreigners living in Thailand are expected to benefit from a new British International school that is to open on the outskirts of Bangkok. With the number of students worldwide between the ages of three and 18 enrolling in international schools increasing from 3.3 million in May 2013 to 3.6 million in just 12 months, analysts say that more and more parents living in foreign countries are looking to provide their children with a top quality English-speaking education in order to help them gain entry into an English-speaking...
31 Dec at 10 AM 2014

Hong Kong: Expats gear up for night on the town

Expats in Hong Kong are set to party the night away this New Year’s Eve, with all-you-can-drink offers proving extremely popular among foreigners in a city renowned for its high prices. Hong Kong offers everything, from its bustling Mong Kok and high-end Central districts, to spectacular mountains and stunning beaches, but this diversity comes at a price and, rent excluded, nights out are where it hits the hardest for most young expats. Numerous bars and restaurants on the vibrant Hong Kong Island have, therefore, offered special...
23 Dec at 3 PM 2014

Online survey names Ecuador as best place for expats

A survey of over 14,000 expats in 160 countries has ranked Ecuador as the best place in the world to live in terms of factors such as finances and overall quality of life. The survey, which was carried out by online community website InterNations, also quizzed expats on family life, making friends, how easy settling into life in a country was, and overall satisfaction with life abroad. Ecuador was named the best country for expats, followed by Luxembourg and Mexico. Other notable names in the top 10 were the US, Singapore, Australia...
4 Dec at 4 PM 2014

Hong Kong’s expats told to brace themselves for cold weather

Weather authorities in Hong Kong have delivered a message to residents of the normally humid city: wrap up warm as winter is on its way. The Hong Kong Observatory issued the Cold Weather Warning as the temperature dropped to 21 degrees Celsius on Wednesday afternoon. It advised residents to be prepared for temperatures to plummet further in the days ahead - as far down as 11 degrees Celsius, according to forecasts. In a statement published on its website, the Observatory urged people to wear warm clothes and avoid adverse health...
1 Dec at 9 AM 2014

Dubai named world’s best city to work

Dubai has been voted the best city on Earth to work, beating off completion from the likes of Hong Kong, London, Singapore, Paris and New York. According to a recent survey carried out by Insead’s French alumni association, Dubai came first on a list of 15 of the world’s seemingly most desirable places to live. The researchers questioned 835 alumni from the school’s European-based campus who had gained experience working in the 15 cities involved. Among the things taken into account were the availability of young talent,...
11 Nov at 6 PM 2014

Expat investors worldwide lose £400 million in Oz Ponzi scheme

The latest financial scandal to rock the expat world has resulted in massive losses due to the activities of commission-hungry rogue salesmen and greedy product providers. Individual losses range between many hundreds of thousands to pension pots of £100,000 or less, with the staggering total making the collapse of the unregulated LMIM fund one of the most damaging since the 2008 crash. Warnings about the instability of the investment had been circulating online since 2009, when long delays in honouring redemption requests first set...
11 Nov at 6 PM 2014

Hong Kong expat banker lifestyles slammed after grisly murders

Expats working in Hong Kong’s famous banking and financial sector are taking flak for their hedonistic lifestyles following the gruesome murder of two Indonesian girls by one of their number. The victims, found in an upmarket condo just a short walk from the ex-colony’s red light district, were reputedly killed by Rurik Jutting, a British expat who formerly worked as a securities trader for Merrill Lynch. The accused man was a regular on the strip’s girlie bars, with drugs and sex toys found in the apartment adding to the...
7 Nov at 6 PM 2014

Deadline December for toxic death bond misselling complaints

Expat investors who were mis-sold unregistered EEA Life Settlements Fund bonds have until December to launch complaints. The Guernsey-based collective investment scheme, composed of traded US life policies, was wrongly marketed as low risk for some years to Europe and Asia-based expats by commission-hungry salesmen. Following the UK Financial Services’ 2011 ban on the sale and marketing to retail investors of such products, a rush of redemptions resulted in the fund’s suspension. By then, 4,700 investors, many of whom were...