What is a reasonable housing allowance to ask for in HK? We will only be gone for a year or 2 at the very most.
My husband works for a relatively small company that has nevr moved anyone to HK before. They have a factory in China and 6 employees in HK. He is the boss and would be restructuring the operation in Asia. His base US salary (we do not live in a major metropolitan area) is in the mid 100s range now plus a bonus, which is never that large and a car allowance. We will keep our home here and will lose money even if we rent it. (about 16,000 a year with taxes and stuff we figure-the rent won't cover the whole mortgage)
We have three children who will go to school as well, so that will be very expensive! I think a housing allowance of $48000 HKD is reasonable, but my husband is a cheap and loyal employee who does not like to ask for anything.(have you ever heard of such a thing) He claims that he wants to do this to better the company as he truly cares about it and also because he thinks it would be a good experience for the kids, even if we live in a hovel and end up in financial ruin.
I want to save money and get ahead financially!
Who gets a housing stipend? How does it work?