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CE's Policy Address - Whats in it for you?

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  1. #51

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    So I just read 5 pages of chat... did he actually announce anything useful?

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  2. #52

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    Quote Originally Posted by HK_Katherine:
    So I just read 5 pages of chat... did he actually announce anything useful?
    For expats, no, unless you are planning to buy a second home or buy a flat before you become a PR. Everything else risks making things worse (probably higher taxes) for us due to huge unfunded spending.
    HK_Katherine likes this.

  3. #53

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    nevermind....


  4. #54

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    Quote Originally Posted by HK_Katherine:
    So I just read 5 pages of chat... did he actually announce anything useful?
    Yes ... you don't have to unpack your carry on at the airport.

    Talk about major policy announcements. The streets of HK were filled with smiling people going ..

    https://www.youtube.com/watch?v=9UJ1syXaNoQ
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  5. #55

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    Quote Originally Posted by HK_Katherine:
    So I just read 5 pages of chat... did he actually announce anything useful?
    Lot of focus on patriotism and instilling love for the country.
    HK_Katherine likes this.

  6. #56

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    I was hoping for at least some discount on BR fees or tax holidays....


  7. #57

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    Quote Originally Posted by HK_Katherine:
    I was hoping for at least some discount on BR fees or tax holidays....
    If you fancy giving birth you can have 20k
    newhkpr, jimbo_jones and shri like this.

  8. #58

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    Only thing in it that seems interesting for me is the proposal that foreigners working in HK companies will get multiple entry visas for longer than 2 year durations easily. Have to wait and see the exact details.


  9. #59

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    Quote Originally Posted by RobRoy:
    Using Davids excellent drilldown tool one can quickly get a good view of what kind of income the HK Gov has got addicted to:

    The worrying items I see are:

    1. Land premium which have doubled since 2013-2015 levels
    2. Stock exchange, which also doubled from pre-2020 period in last few years (now they even reverse the stamp duty increase as the market is dying)

    Salaries tax is only 75bn HKD, if the two above items go back to previous levels, which would almost be expected, we would need to double salaries tax to cover that hole. Its going to be tough budgets for HK in the coming years

    Attachment 89376Attachment 89377
    Now the experts are saying the same: https://www.scmp.com/news/hong-kong/...put-out-tender

  10. #60

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    Quote Originally Posted by ndt:
    Turns out Baby bonus was also copied from Singapore albeit with 1/3 of benefits, now morons cant even copy/paste properly..

    https://www.sbcc.sg/baby-bonus/#:~:t...ptember%202022).
    Last year, just over 33,000 babies were born in Hong Kong. The number the chief secretary office cited in reference to the reward of the newborn bonus was just about normal at best. These babies were conceived way before the reward scheme was announced.

    In other words, these parents' decision had nothing to do with the reward and the HK$200 million payout could have been saved for other urgent purposes.

    The truth about the bonus scheme will not be known until 40 weeks after the announcement, which is the normal length of pregnancy.
    https://www.thestandard.com.hk/secti...ion/17/262013/

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