Here is my 2 cents....
My Husband is in the final stages of interview for a role based in Hong Kong with an international investment bank. The role would be permanent and we currently live near London, UK. Can someone please help me with the following questions:
If my husband has a permanent role, what sort of visa would we be on, would be considered permanent residents?
Your husband would be on a work visa, and everyone else on a dependent visa. You can apply for permanent residence after 7 consecutive years. FYI: Some countries, e.g. Singapore, offer immediate permanent residence under some schemes, but Hong Kong does not.
We are expecting our 1st child later in the year, can anyone advise on the healthcare in Hong Kong, do the children get the same injections?
The public healthcare is cheap and gets the job done, but it is not the same as western care. I would be more cautious here when trusting someones advice/opinion.
Also do you get any maternity allowance or assistance?
not sure negotiate it
What are the most popular/recommend family areas in Hong Kong to reside?
For foreigners, many choose to live in Discovery Bay, which is accessible by 30 minutes boat to Central. Others choose to live in Sai Kung. Also, there is Central and MidLevels.
For a luxury 2 bedroom apartment (with outside space) what would be pay in rent?
Depends on the location and how much space. The problem is, most 2 bedroom flats here are 600 square feet, and then 3 bedrooms are 800 square feet, and 4 bedrooms are 1000 square feet. So the rooms usually remain small. It is difficult to find 1000 square feet with 2 bedrooms, and there is a lack of supply when you increase the square footage. This isn't concrete advice, just giving an example of what I observe. Also, do you want to live in a village house, or an apartment. Usually, a village house will offer outdoor space if you have the top floor or entire villa. For a flat, you can have a roof, but usually accessible only by staircase, and you must be on the top floor. I can give you an example, a newer building with nice facilities near MTR, you can get around 900-1200 square feet for around 16,0000hkd to 20,0000hkd per month in Tai Wai, or TKO, but these are not hot expat spots.
To buy a property what do Hong Kong banks allow you mortgage wise, i.e. 3 times your annual salary?
Interest rates are around 2.1 - 2.5%, and minimum down payment of 10%. Your monthly payment can be up to half your salary. You need an additional 3% stamp duty, 1% agent fee, and probably some fee for attorney review and what not. Also, there is a 3-4% insurance fee which can be incorporated in the mortgage. This is when your loan is greater than 70% LTV. Also, another problem is the banks will value the flat less than the selling price, and you need to bring up the additional cash, which can often be another 5-10% or more! For a 10% down mortgage, you must have a local job, HKID card, visa, and proof of income for 3+ months. The building should be newer and your age should be younger for the best terms. There is a 15% penalty (tax) if you sell the house within 2 years, this is a HK government rule.
We have two small dogs, any advice/recommendations on how to relocate them to Hong Kong with us?
Some breeds are not allowed, there is probably a quarantine. Many buildings are not pet friendly. Good luck.
Is there a good social scene for Mummy and Babies i.e. baby groups etc?
I'm not a mommy, but I would say no. HK is very busy, parents literally dragging their kids running everywhere, and there are playgroup classes but usually the parents send the maids to be with the kids and the parents are no where to be seen. I do not live in an expat area so my opinion will be different than someone who lives in expat town, but I'm not even sure.
Thank you x