i've agreed in principal to be relocated to HK, but i'm working out the details with my management before i sign the contract. the company is offering me a couple of choices: limited expat package or become a local HK employee with some kind of hybrid package. after reading some posts here, i'm really leaning towards being an HK employee and paid locally since:
1. if i took the local HK employee route, i should ask the company to pay for the housing separately (instead of paying me X dollars increase to offset the rent).
2. i should go with the MPF instead of getting paid in the US and contribute to the 401K (company match equivalizes so it doesn't matter where i put the money)
3. if i'm paid locally then social security, medicare, and my state/county taxes won't be deducted. so the question is: do i pay SS/medicare at all? when i was self employed i don't think i've ever paid SS/medicare...state taxes is a different story.
did that pretty much cover it?