Expat Hong Kong News

Latest 10 news items tagged Hong Kong

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...
30 May at 4 PM 2016

Expat safety survey takes in 230 world cities

A recent survey has revealed that, although most expats believe European cities are relatively safe, the top-scoring locations are the most expensive. In spite of the recent horrific terrorist attacks in Paris and Brussels, the majority of expats still believe Europe to be the safest continent for working relocations or retirement. The study took in political stability, crime in general, the effectiveness of local police forces and each country’s relationship with its bordering nations, surveying 230 popular expat...
20 May at 6 PM 2016

Glory days over for Hong Kong expat banking and finance crowd

The fat housing allowance packages gifted to top expat banking and finance executives in Hong Kong are becoming the thing of the past. Long regarded and much envied as a golden privilege only offered to senior expat banking and finance executives, the massive housing allowances granted as a part of top-flight relocation packages are being slashed to sensible levels or, worse still, eliminated altogether. Luxury living on Hong’s exclusive Peak is being downsized to less prestigious locations and the luxury housing market is suffering...
18 May at 6 PM 2016

Getting away from it all in Southwest China

When getting away from it all truly means getting away from it all, the South China Karst region is heaven on earth. The three provinces of Yunnan, Guangxi and Guizhou together make up one of the most spectacular spots on the entire planet. This unique topography features massive limestone crags, rich jungle foliage, rushing waterways and remote, peaceful villages known for their positive effect on health and longevity. Although the region is becoming known to Chinese tourists, it’s virtually unheard of on the expat circuit, with...
4 May at 6 PM 2016

Beijing greedy landlords making life difficult for expats

Expat quality of life in Beijing is being seriously affected by soaring rental increases. Although rent increases in Beijing are nothing new, greedy Chinese landlords nowadays are putting the screws on expat tenants as never before, especially in the more popular expat districts. Average rents in China’s capital rose last year by 14 per cent on top of the usual annual increases in previous years. A recent report from the Global Cities Business Alliance named Beijing as the world’s most expensive city for expat rentals, ahead...