US citizen living and working in US planning to buying 2 BR condo in HK (Yuen Long or Fanling) now and retiring there 10 years from now. So I will be renting the unit until I am ready to relocate. I am also HK citizen since I was born in HK and has a HK ID.
- Any issues with me getting a mortgage in HK using HK ID but my income W2 is from US?
- Any tax complications for me in the US and in HK with rental income?
- Opinion on retiring in HK as oppose to US cities such as NY and Florida?
What is the best way to do this?
I am trying to make a good investment decision. I like HK for its nice living along with free goverment medical coverage.