I am scheduled to take up a position in Luo Wu, Shenzhen after CNY 2007 for 2-3 years.
I will move with my wife and 2 and a half yr old son and am leaning towards living somewhere between Sha tin to Tai po in HK to be able to have use of good nurseries and healthcare and safety for family etc (as opposed to living in SZ).
I have been asked to make a budget of my living costs so I can properly negotiate a relevant package. I understand this is not a good way to proceed in terms of negotiation, however I am working for a SME who has never relocated someone before and I know roughly my all in package will be somewhere in the region on 50K HKD/month.
Pls can you guys help me to accurately budget for the following living costs per month:
Comfortable 2-3 bedroom Apartment in mentioned areas (around 1,000 sq ft +) =
Full or p/t nursery placement for 3yr old =
Live in Maid =
Healthcare cover for family =
Gas and electricity =
Telephone, internet and satellite TV =
Anything else I need to consider such as local taxes and insurance etc?
+ Do you think the 50K HKD/month is reasonable for the mentioned position?
Thanks so much in advance for any input.