How is the Healthcare System?
In Hong Kong, the health care system is extraordinary. There are public and private healthcare systems. Public healthcare is accessible to everyone as long as they have a legal ID card.
In the past, many employment agreements comprise private Healthcare as one of the bonuses. But nowadays this is only given to expats working at the very highest level because of the high competition and hand back of Hong Kong to the Chinese. Despite this, many expats process their insurance policies to be able to access the English-speaking healthcare systems.
How is the School System?
Hong Kong school system is well established and follows the International Baccalaureate schooling system of education. However, many parents prefer to enroll their children in international schools as they are having high standards of knowledge, even though they are very costly. The foreigners intending to settle in Hong Kong can take advantage of the education system set up a lucrative business.
High Cost of living and expensive lifestyle
In Asia, Hong Kong is considered the 3rd most expensive city (behind Beijing and Shanghai) and the ninth most expensive country worldwide in terms of living standards. The prime expense is expended on lodging by people living in Hong Kong.
Every day, more and more people are driving to live in Hong Kong. Because of the many beautiful scenery and parks to visit, life is very luxurious and costly. Eating out and nightlife is very expensive. Restaurants and hotels are taking advantage of the lifestyle and presence of visitors to flourish. Hong Kong is home to the best restaurants serving delicious and mouth licking dishes.
How is the Transport System?
MTR is the public transport system in Hong Kong. You can purchase a pre-paid card called an octopus card to pay for transportation costs easily. The card’s usage is widely accepted by owners of metro and taxis.
Although Hong Kong is small, real estate is more costly. When you run out of space to expand your building, the option is to go up, emerging in many skyscrapers’ buildings.
There are two options by which a person can own a home in Hong Kong: You can own a home through the transfer of property. The transfer may be from a parent, family member, relative, friend or other sources, or
Another option is to own a home through the purchase of a property. All foreigners can own a home in Hong Kong except Afghans, Albanians, Cubans, North Koreans, and Chinese from the mainland (unless they are permanent residents in another country). Foreigners can buy properties such as apartment houses and rent them out without restriction.