I have been planning to move back to Hong Kong permanently for quite some time, but I still have many questions unanswered. I am hoping expats with experience in Hong Kong can shed some light on their experience.
1) What should be my salary expectations for a junior position in a financial or real estate firm? (Given 1-2 years in asset management) If I leave my current position in Canada, how long would it take me to secure a position in HK on average?
2) I can basically live at a relatives place for a few weeks before I secure a position, but at the end of the day, I'll still have to move out and live alone or share a flat with a friend. What are the expected rental costs in general? (Obviously it depends on the location, but since I do not fully know the expected salary) Maybe a percentage of salary I should aim for?
3) I read a post on this forum about living on $18K/month. How low can your salary go before it is not feasible to "live" in HK? As well, how much is transportation costs?
4) What time is best to land a job in HK? (I have conceded that I will not be able to secure a position while I m physically still in Canada. The best case scenario is that, but I realize that is quite difficult to accomplish)
Some additional information about myself. I have a HKID with good English and Cantonese skills (Reading & speaking). The only thing I would lack is conversational mandarin and writing chinese, which seems to be important in the financial industry. I would also like to point out that when I say financial firm, it does not mean strictly I-banking.
Thanks in advance. Please be honest, as I want to make this decision as realistic as possible.