Expat Hong Kong News

Latest 10 news items tagged Hong Kong

27 May at 6 PM 2020

Survey shows most expat Brits don’t ever want to return

Results of a recent survey have revealed just under two thirds of expat Britons have no intention of ever returning to the home country. Some six out of every ten respondents to the survey said they’d never repatriate to the UK, with another eleven per cent saying they’d at least consider doing so. Only 27 per cent said they’d maybe come back as some time in the future. It seems that, in spite of the global coronavirus pandemic as well as the increasing worldwide social, political and economic tensions, living overseas is the...
1 May at 6 PM 2020

Hong Kong expats happy with government’s pandemic response

Expats in Hong Kong are praising the government’s anti-coronavirus measures. Located just 570 miles from Wuhan, the semi-autonomous region of Hong Kong is successfully defeating the coronavirus without resorting to lockdowns and endless local travel bans. Just a few months ago, the city was being rocked by huge, often violent, protests, but its government’s sensible reaction to the pandemic has reassured both its local and expatriate residents that its economy won’t be devastated. Expats who’d decided to stay when the...
29 Apr at 6 PM 2020

Vietnam urged to loosen rules on expat property ownership

Vietnamese property developers are urging the government to reduce the rules on expat ownership. In a move prompted by the need to spur the expat takeup of premium apartments in order to avoid unsold inventory, Vietnam’s construction sector is urging the government to ease the rules on foreign ownership. According to a recent report, the 30 per cent cap on foreign ownership in any one premium apartment project is stifling an increase in expatriate demand for such properties in Ho Chi Minh City and Hanoi. Nowadays, foreign demand...
17 Apr at 6 PM 2020

British lockdown having little effect on expat buy-to-let market

In spite of the pandemic, the UK’s buy-to-let market is being perceived as alive and thriving. According to experts in the British property market, activity as regards the UK’s buy-to-let sector is still going on in spite of the lockdown. The continued interest is believed to have resulted from the introduction of various new mortgage opportunities and their introduction into the mainstream market sector. Basically, the new-style loans are the result of mortgage interest relief changes brought in five years ago by the then...
26 Mar at 6 PM 2020

Hong Kong expats warn returnees to obey the rules or be reported

Expats living in Hong Kong are blaming recent returnees for the spike in coronavirus victim numbers. Expat professionals who decided to ride out the epidemic in Hong Kong are accusing those who’d left and are now returning as being responsible for last week’s sharp rise in the numbers of infections. According to long-stay expats, those who’re now returning from overseas are the wealthy who fled the island in the early days of the outbreak and who are rushing back because the pandemic has spread worldwide. According to one...
25 Mar at 6 PM 2020

Hong Kong expat nightlife under threat due to pandemic

For expats considering returning to Hong Kong is the near future, the city's lifestyle may be about to change due to the pandemic. For the past year, the much-loved lifestyle for expats in Hong Kong has all but disappeared due to the many months of violent street protests followed by the devastating effect of the coronavirus pandemic. Just as things began to quieten down and expat professionals who’d left during the riots began to return, the virus hit the city and isn’t about to leave it yet. The world financial hub has long been...
23 Mar at 6 PM 2020

Thai officials spur racism against expats over face masks

As the COVID-19 virus tightens its grip on Thailand’s major cities as well as its capital, expats are fearing cultural clashes between the foreign community, local Thais and Thai government officials. Since the country’s incidence of infections and deaths tripled over just one week, the Thais themselves began to regard the wearing of masks as obligatory, as it showed their concern for others’ health even if no infections had been reported in their areas. Westerners and resident expats, however, tended towards believing the...
4 Mar at 6 PM 2020

Vacancies in Beijing and Hong Kong now the norm due to virus spread

Hong Kong and Beijing are running short of expat bankers as the coronavirus threat grows. As attempts to regulate the spread of the virus become even more restrictive, thousands of international bankers are fleeing Hong Kong and mainland China for offices outside the immediate danger zone. International schools are closing for the time being and the luxurious lives of the mega-wealthy expatriate professionals are being seriously disrupted as their trusted domestic staff are unable to follow them to safer locations. For those...
4 Mar at 6 PM 2020

Negative expat investment returns on prime properties now in reverse

Five-year negative investment returns on prime residential rentals in major world cities are now in reverse as the sector improves. Since 2014, declining rental yields on prime residential properties in major world cities have been disappointing expat investors, but the trend may now be in reverse as average yields have improved by 0.2 per cent and are now outpacing increasing property values. A survey by a leading international real estate firm identified Los Angeles as top of the tree as regards yields, with rental growth now at...
2 Mar at 6 PM 2020

Beijing hospitals now offering English language hotlines to expats

Beijing’s international hospitals are now opening English language hotlines to support expats during the coronavirus outbreak. Expats in Beijing are having a tough time nowadays, whether it’s fear of contracting the virus, panic when experiencing symptoms or the psychological effects of imposed periods of quarantine. Not being able to understand the local language was making life in the mega-city even more difficult until a number of Beijing medical centres created English language online support hotlines. The hotlines are...