Expat Hong Kong News

Latest 10 news items tagged Hong Kong

8 Jun at 6 PM 2018

Shanghai international school rates soaring through the roof

The latest survey from the International Schools Database has again ranked the cost of an international school education in Shanghai as the most expensive in the world. For new expats in Shanghai as well as their employers who’re fronting the cost, finding the right international school can be a challenge as there’s not much in the way of more affordable alternatives. Average monthly tuition fees for a six-year old run at an eye-watering RMB17,586, with charges in Beijing not much lower at RMB16,145. In comparison, the cost of...
12 Apr at 3 PM 2018

Global financiers and Amnesty International support LGBT expat spousal visa battle

After winning her landmark case, brought to obtain a dependent visa allowing her to live in Hong Kong with her partner, an LGBT expat is now forced to fight for her rights again as the Hong Kong government has granted the state license to appeal. Hong Kong’s Court of Final Appeal will hear the government’s case for denying the dependent visa on 5 June, but in the meantime no less than 16 local law firms as well as Amnesty International and many international financial companies have come out in favour of the lesbian woman and her...
6 Apr at 6 PM 2018

Expat professional women at risk of poverty in retirement

The gender gap doesn’t just apply to top wage levels but continues to ensure a great many expat professional women will be faced with poverty when they retire. Recent media coverage of the salary gap between top-ranking women and their male counterparts misses out on one result – the differential guarantees women retirees will be living on far less than men with the same qualifications and experience who’ve worked in the same jobs. In fact, women are at far greater risk of being impoverished in retirement by a factor of between...
22 Mar at 6 PM 2018

Best international cities for elite luxury rentals

For the mega-rich looking for a luxury home, New York, London and Tokyo have the best choice. For those with millions or even trillions stashed offshore, the world’s their oyster, with the pearls as regards luxury properties found in Tokyo, London and New York City. As well as boasting premier luxury developments, the attractions, events, facilities and luxury brand shops in these three destinations give those with real money to spend a taste of heaven, even although property prices have soared over the past several years. Costs...
28 Feb at 6 PM 2018

Singapore and Hong Kong battle it out in surveys

A recent survey highlighted expats in Hong Kong and Singapore with 24 per cent stating Hong Kong had the best jobs against Singapore’s 19 per cent. The Expat Explorer survey is no stranger to controversy, as are most comparisons between equally popular destinations. In this instance, nearly a quarter of Hong Kong respondents stated unequivocally that their city had the most fantastic jobs, with expats in Singapore only able to muster 19 per cent’s worth of praise for their city’s job opportunities. Sadly, both Asian destinations...
28 Feb at 6 PM 2018

Expat havens for culture and lifestyle

If your top priorities as regards becoming an expat place culture and lifestyle as a must and other considerations such as cost and a high salary as optional, the cities below might be just what you need. Expats being sent overseas on a contractual assignment usually don’t need to worry too much about culture in its historic or artistic context, as they’ll almost certainly be moving on at some stage. However, for those who hopefully intend to stay for ever, the prevailing culture of their chosen country can be all-important, as...
31 Jan at 6 PM 2018

Settling in as an expat in Hong Kong

Hong Kong’s cosmopolitan ambience and still-booming economy continues to be a major hub for expat professionals. Fast-paced, vibrant and utterly fascinating, Hong Kong is high on most expat professionals’ lists of preferred locations, but settling down may be confusing at best and stressful at worst, especially if you’re relocating your family as well. Your first choice will be accommodation, bringing you face to face with whether to pay far more in rental charges to live on the island itself or pay less and settle for an...
2 Jan at 6 PM 2018

British expats in Hong Kong blamed for debauchery in former British colony

Hong Kong’s world reputation as a gateway to the treasures of the Orient was formed almost two centuries ago, but recent reports suggest it’s now dedicated to sex, drugs and rock ‘n roll due to the influence and activities of British expats. Some 30,000 Brits now call the island archipelago their home, and are being accused of bringing with them the worst, not the best of Britain. A slightly less than serious-minded British tabloid newspaper describes the British contingent as a ‘hard-partying bunch’ enjoying life to the full...
15 Dec at 6 PM 2017

Luanda now most expensive world city for expats

Although the vast majority of expatriates scattered across the world might not have heard of it, Angola’s capital Luanda is now the planet’s most pricey location for expat professionals. The Angolan capital has been slowly edging upwards through the five most expensive cities’ list, but now it’s number one – and it’s probable the last place in the world most expats would like to find themselves in, even at a huge salary. The Mercer survey placed it at number one after Hong Kong, Singapore, Tokyo and Zurich, with London...
6 Dec at 6 PM 2017

All Hong Kong QROPS delisted by HMRC

British expats living in China as well as Chinese nationals with UK pension rights cannot now transfer their pension savings to a Hong Kong QROPS. In total, all 19 Hong Kong-based QROPS have been delisted by HMRC and are no longer included in the authority’s list of approved schemes. For expats living in China and planning to transfer their funds to a QROPS, the delisting means they no longer qualify for an exemption and must either pay a 25 per cent transfer tax or switch the fund to a UK-based SIPP self invested personal pension....