Guide to Moving from Singapore to Hong Kong
Moving from Singapore to Hong Kong can be an exciting opportunity for career advancement, lifestyle changes, and new cultural experiences. This guide covers key aspects to consider when making the move.
1. Visa and Immigration
Work Visa
If you are moving for work, your employer will typically sponsor a work visa under the General Employment Policy (GEP).
Entrepreneurs and business owners can apply for the Investment as Entrepreneurs visa.
Professionals in specific fields may qualify for the Quality Migrant Admission Scheme (QMAS).
Dependent Visa
Spouses and children of work visa holders can apply for dependent visas, which allow them to work and study in Hong Kong.
Permanent Residency
After residing in Hong Kong for seven consecutive years, you may apply for Permanent Resident status.
2. Cost of Living
Hong Kong is known for its high cost of living, particularly for housing. Below is a general comparison with Singapore:
Housing: More expensive in Hong Kong, especially for larger apartments.
Food & Dining: Similar costs; street food is cheaper in Hong Kong.
Transport: Affordable and efficient in both cities.
Healthcare: Public healthcare is subsidized for residents, but many expats opt for private healthcare.
3. Finding Accommodation
Popular Expat Areas
Mid-Levels: Convenient for professionals working in Central.
Kowloon Tong: Good for families with international schools nearby.
Discovery Bay: Offers a quieter, family-friendly environment.
Sai Kung: Ideal for those who enjoy nature and outdoor living.
Renting a Property
Apartments in Hong Kong are typically smaller than those in Singapore.
Expect to pay two months’ rent as a deposit and one month’s rent upfront.
Lease terms are usually one or two years.
4. Banking and Finances
Major banks in Hong Kong include HSBC, Standard Chartered, and Hang Seng Bank.
Open a bank account with your passport, visa, proof of address, and an initial deposit.
Transfer money easily via international banking services or digital payment platforms.
5. Healthcare System
Public hospitals are highly subsidized for residents but have longer wait times.
Private hospitals offer shorter wait times and high-quality care.
Consider getting health insurance if using private healthcare.
6. Education Options
Public schools teach mainly in Cantonese.
International schools are popular among expats but can be expensive.
Notable international schools: ESF (English Schools Foundation), Canadian International School, Hong Kong International School.
7. Transport and Getting Around
The MTR (Mass Transit Railway) is fast, efficient, and covers most areas.
Taxis are affordable but may have language barriers.
Octopus Card is used for public transport and payments at convenience stores.
8. Cultural and Lifestyle Adjustments
Language: English is widely spoken in business districts, but Cantonese is the primary language.
Weather: More humid and experiences typhoons from June to September.
Work Culture: Long hours are common, and business culture values hierarchy and respect.
9. Taxation
Hong Kong has a progressive income tax system (2%–17%) with a maximum cap lower than Singapore.
No VAT or sales tax, making consumer goods relatively cheaper.
10. Social Life and Community
Hong Kong has a vibrant nightlife, restaurants, and cultural events.
Many Singaporean expats join community groups such as the Singapore Association of Hong Kong.
Outdoor activities like hiking, beaches, and water sports are popular.
Moving from Singapore to Hong Kong requires careful planning, particularly in securing accommodation, understanding visa requirements, and adjusting to cultural differences. However, the experience can be highly rewarding, offering career growth, a dynamic lifestyle, and new opportunities.
By preparing in advance and staying informed, you can make your transition smoother and enjoy everything Hong Kong has to offer!
https://www.hk-cityguide.com/expat-guide/guide-to-hong-kongs-best-moving-companies
