70k HKD / month enough ?

k3rbnyc · 31-10-2009, 07:23 PM

Hello guys..

I was born in HK and when I was a just over the age of one my parents immigrated to USA. I just came back from a 3 week tour of HK and China and loved every single minute of it. I was wondering if anyone can give an average salary estimate for a CCIE in R/S and Security.. I have passed both exams (written and lab) and currently work in NY for a financial for solid 5yrs in a trading floor environment. Any information would be greatly appreciated!!!

Loz_2 · 31-10-2009, 08:24 PM

he's not asking if it is enough to live on - that's obvious from the context of the question.
He wants to know if the proposed package is commensurate with his level of experience. big diff.
Posted via Mobile Device

dropdedfwed · 31-10-2009, 09:55 PM

I don't think it is enough. I could easily spend every penny of that without trying. Without even being extravagant. I'm dreaming of it now..

However, it is well above what most expats earn. Do a search on income here, there is an infamous poll started by rastaman.

I guess it depends on one thing - how much better than the average expat do you think you are?? In IT, that seems to be what determines your pay

muse07 · 10-11-2009, 06:17 PM

Hmm, did a search on "income" but couldn't find that old poll (I actually remember it from way back). Does anyone still have a link to it??

PDLM · 10-11-2009, 06:20 PM

http://www.geoexpat.com/forum/thread17982.html

Geoff · 11-11-2009, 08:35 AM

Originally Posted by PDLM:

So someone is offering you HK$90K/month as a Cisco technician?

There's one born every minute...

I would estimate the going rate for the job to be well under half that, and I'm really quite surprised that Immigration would approve an Employment Visa since I don't think we are short of IT technicians in HK.

What a useless reply, and one tinged by an obvious amount of jealousy.

As for your opinion's on what immigration would and would not approve - you have already proved you don't know what you're talking about when you said someone here with a valid visa was staying illegally.

For theodosis - I would say the salary looks fine and the housing is reasonable (inline with the market) for a single person, however if you have family then I would expect a higher housing allowance.

AW2007 · 11-11-2009, 09:14 AM

Thedosis,

As an expat myself. I would encourage you not to look at the package as an amount that you can 'live on', but is it worth your sacrifice in moving your life to a foreign city (and your family's - if you have one)....

lets face it, most of us arent in the game to survive, we have goals to do with life after work and working is a way to ensure we can potentially reach those other goals if you get what I mean.....

My advice, if you really want to the change in culture, then come over on what you can live on, but if you arent too interested in the move and the money doesnt justify it, then you probably should be staying put.

Crocodile · 11-11-2009, 09:40 AM

Originally Posted by Geoff:

What a useless reply, and one tinged by an obvious amount of jealousy.

As for your opinion's on what immigration would and would not approve - you have already proved you don't know what you're talking about when you said someone here with a valid visa was staying illegally.

For theodosis - I would say the salary looks fine and the housing is reasonable (inline with the market) for a single person, however if you have family then I would expect a higher housing allowance.

In the context of the thread and reply (almost four months ago), I thought PDLMs reply was spot on. If the OP was non-managerial, it is an excellent wage. He has since cleared this up a little with some more detail of his job (which I assume he is now resting comfortably in, so your reply is a little late and just a chance to snipe at PDLM).

PDLM · 11-11-2009, 12:37 PM

Originally Posted by Geoff:

As for your opinion's on what immigration would and would not approve - you have already proved you don't know what you're talking about when you said someone here with a valid visa was staying illegally.

You're talking bollocks again (are you the reincarnation of Boris?).

In order to be granted the visa the person in question declared that they wished to enter Hong Kong as a visitor. They did not - they intended to reside in Hong Kong. Both the false declaration to the Immigration officer and the act of residing here on a visitor visa are illegal acts. That is a matter of fact, not opinion.

Geoff · 11-11-2009, 12:45 PM

Originally Posted by PDLM:

In order to be granted the visa the person in question declared that they wished to enter Hong Kong as a visitor. They did not - they intended to reside in Hong Kong. Both the false declaration to the Immigration officer and the act of residing here on a visitor visa are illegal acts. That is a matter of fact, not opinion.

Clearly, you are absolutely and utterly wrong.

I found it staggering you have the hubris not only to refuse to apologise but to continue maintain you inane position.

That shows a severe character flaw.

People who enter Hong Kong on a valid visa are allowed to STAY in Hong Kong. She entered on a valid visa and STAYED here. She didn't overstay. Her actions were entirely and completely legal.

You don't need to maintain a home elsewhere to be allowed to enter Hong Kong as you stupidly claimed. If a backpacker get's a 90 day visa and comes and lives in Hong Kong for 70 days without having a home in another country - are they entering illegally? If I sell my house in the UK and take a holiday in Hong Kong for a few months am I entering illegally?

Of course not - your assertion you need a home in another country to be allowed to enter Hong Kong on a tourist visa is utterly and completely wrong.