Newbie here and would appreciate some insight before deciding to make the big move...
I have been offered a role in one of the big financial institutions in HK with a salary of 1m per year (83k a month) to move from UK. No housing or education allowance but includes the standard basic benefits I. E. medical insurance, bonus, 30 days annual leave and direct flights to HK (Business class) for me and my family and also 6 weeks accommodation when we arrive. For a family of 4, I'm still trying to work out if the package is reasonable and will be enough for us to live comfortably and also enable us to make some good savings. Currently I'm earning 60k gross in uk which is about 40k net and after working out the numbers, it seems like a sizable uplift to my current earnings. Having looked around, it seems like rent will be our biggest outgoing and as I'm happy to commute within an hour, it seems like Tung Chung maybe a reasonable area which will provide us with decent facilities and good spaces for our or lil ones (12 month old and 4 year old) and we can get a 3 bed for 20k- which is our max budget. We will also be renting our house in uk to supplement our income c600£ per month net.
Is the salary offered a decent? Can we live a decent lifestyle and also save a lil bit while in HK?
Thanks for the help!