Family moving to HK from UK

[tru111]

Hi,

I am looking to move to HK very soon with my family. I will have 2 kids by then (2.5 years and new born). I would like to get a feel for how much would one need to live comfortably and be able to make some saving. I am looking to get a place in Discovery Bay. For example, would HKD$80000 a month before tax be enough. Assume accommodation is going to be paid covered by an additional package. So the $80000 is purely for food, bills, schools etc. BTW, my wife won't be working. Thank you.

[carang]

seriously? $80k/month for food, school, etc? yeah. i think you'll be fine. that's more than most people make INCLUDING their accomodations and is about 4X the household incomes of the majority of locals.

[tru111]

Thanks for your replies.
Do people in HK really earn that little? I remember when I was a kid growing up in HK, people were already earning a few $0000's. Have people's earnings not gone up over the years? I thought England was bad.

Thanks for the warning about schools, I really need to look into that. I grew up in HK, so I don't have to send my kids to intentional school.

[carang]

the brit...
his $80k does NOT include housing... company is paying for that.... he's talking $80k for everything excluding the housing....