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Advise / Tips on when relocating to Hong Kong

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  1. #1

    Join Date
    Aug 2010
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    Advise / Tips on when relocating to Hong Kong

    Hello All

    I am IT professional moving to HK in the first week of September, I know very little other than the 1 week I had there a couple of months ago and really only saw the great nightlife. I will be working banking and once I take care of my UK commitments I will have around $71k HK dollars a month to live on. What sort of living lifesytle can I expect? I was hoping to live in the central area as its close to my office or maybe Olympic station or Kowloon station where they have all the new builds. Any recommendations?

    I also moving a country where I have no friends, family etc, I think am I social guy and enjoy social night but a bit worried how to meet people. In my office my team are mainly locals and seem to be all family guys. How can I meet the expat community and build a network of friends. I have been to a few bars in LKF and Wanchai but I am a bit apprehensive bar crawling etc on my own. So all in all just wanted to some tips / suggestions on the above, Thanks


  2. #2

    Join Date
    Apr 2005
    Location
    Sai Kung
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    8,561

    for the living questions, PLEASE do a search. this question comes up about 1000/week!

    $71K/month for yourself? you should do just fine. we manage a house of 4 adults, 2 kids, 2 dogs and 3 rabbits on about the same.


  3. #3

    im in the same situation. i fly into hk first week of sep, start work the first week of sep. im being put up in a hotel for the first month.

    do what i normally do to meet people and have fun. join a football team.


  4. #4

    Join Date
    Apr 2009
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    Hong Kong
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    6,080
    Quote Originally Posted by Mabes:
    I will be working banking and once I take care of my UK commitments I will have around $71k HK dollars a month to live on. What sort of living lifesytle can I expect?
    Frankly it's an obscene amount of money. You'll have no trouble living whatever kind of lifestyle you want. I'm surprised you would need to ask.

  5. #5

    Join Date
    Aug 2010
    Posts
    43

    Hey I like football can you point me to how to join the teams? Having looked at how expensive living is in HK I didnt think 71k was obsene by any stretch of the imagination.


  6. #6

    Join Date
    Jun 2005
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    Hong Kong
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    23,217

    It's 7 times the average gross income, and 3.5 times the average gross household income. It is a very large sum of money. Hong Kong is like any major city: it can be expensive if you want it to be (there are people who think it's sensible to spend $70-90 on beer, for example) or as cheap.


  7. #7

    Join Date
    Mar 2007
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    The guy is a banker. 71k is not that much for a banker. Obviously, for a normal person it's a fortune - even a 'normal' expat frankly.


  8. #8

    Join Date
    Oct 2005
    Posts
    14,373
    Quote Originally Posted by MovingIn07:
    The guy is a banker. 71k is not that much for a banker. Obviously, for a normal person it's a fortune - even a 'normal' expat frankly.
    After Expenses he said, So its clearly a damn good package.

  9. #9

    Join Date
    Mar 2007
    Location
    Gold Coast Marina
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    17,941

    I just reread the OP - and he's in IT? OK - clearly a damn good package for IT. When I read banking I was thinking IB type.


  10. #10

    Join Date
    Aug 2010
    Posts
    43

    Guys

    I am on local package not getting any international assignment at all, I wish I hadnt mentioned figues as I didnt think it would raise so much discussion I generally wasnt sure what type of lifestyle that gets you as it represents a similair monthly income to London. And for that in London you dont get a luxury life at all. I do work in IT for a bank but I can assure you that I spend all teh hours god sends and live with constant strains and tension so it by no means easy money and I am sure everyone works hard and will appreciate. So money aside any other tips please on areas to live, social places to meet new friends etc.

    Cheers


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