What are the benefits of being insured?
You will cover unforeseen expenses, protection to the family and loved ones, and peace of mind.
Which insurance policy is compulsory in Hong Kong?
Employee Compensation insurance is compulsory in Hong Kong. However, health insurance is not mandatory in Hong Kong.
What is the cost of health Insurance in Hong Kong?
The Hong Kong health insurance is relatively cheaper as individuals will part with approximately $6432 every year while private family health insurance plan in Hong Kong costs 18,494 per year.
How expensive are rental houses in Hong Kong?
Although most rental premises are of high standards, the rental fees are relatively higher. A one-bedroom will cost approximately USD 1,500-2,500.
How much does a home cost in Hong Kong?
Hong Kong is one of the countries that have relatively higher costs of homes globally. With the increase in demand and lesser supply, the cost of acquiring a home in Hong Kong [...]
Can Foreigners Buy Properties in Hong Kong?
Foreigners are permitted to buy properties as condominiums in Hong Kong, and they are permitted to rent the property at a fee without imposing any restrictions on them. However, foreigners from Afghans, [...]
Why Do I need to own a home in Hong Kong?
If you are a homeowner, you will not have a fear of eviction from your home over rent areas. Besides, you will have additional money that you would otherwise spend on rent. [...]
I am supposed to have three days off for Lunar New Year according to Hong Kong’s statutory holidays, what happen if either of the first three days of Lunar New Year falls on a Sunday?
In this case, the fourth day of Lunar New Year is automatically counted as a statutory holiday in Hong Kong.
I am working on a statutory holiday, am I entitled to holiday pay in Hong Kong?
If you have been employed under a continual contract for at least three months in Hong Kong, then you are entitled to the holiday pay.
Do private companies have the authority to decide their own schedules and allow additional holidays to their employees on top of the official public holidays?
Yes. Private companies in Hong Kong do have the right to decide their own schedules and allow additional holidays to their employees on top of the official public holidays set by the government.