Planning to leave in 1-2 years
Planning to leave in 3-5 years
No plan at the moment
HK is my Home, will stay forever
if you have a private banking account, or in a way, sufficient sizes, you can indeed get a jpy loan for anything that you want to buy, e.g. a property in hk. however, bear in mind your asset is in hkd, your cashflow (assuming you work in hk) is in hkd, and you have a JPY liability. The last time i saw alot of guys doing that, they ended up getting burnt badly when JPY appreciates against their home/asset currency and they have to pay more.Original Post Deleted
if you choose to hedge away the currency risk, you would end up paying more interest than your original hkd loan.
I'm due for a holiday and know that my feelings about HK are clouded atm, but I'm ready to move on. We've amassed a lot financially, and it's got to the point where you ask yourself, how much more do we need? Thanks to HK, we are in an incredible financial position, so now it's more important to think about lifestyle - slower pace, clean air, being around friendly people. The countdown is on.
It's for domestic Japanese property onlyOriginal Post Deleted
So, can I turn this into an official report and get some headlines on Bloomberg?
58% of Expats Plan to Leave Hong Kong in the next 5 years
100% of Expats are planning to leave HK at some point. Rest of us are called immigrants
It was all on the government websites. More French arriving in the last few years and I think I remember people staying for shorter periods. Fewer lifers. Should look again given housing costs keep going up. May put younger people off. My guess is the Government wants fewer expats.