Causeway Bay, Hong Kong
Where should I setup a bank account in Causeway Bay?
We asked expats in Causeway Bay what banks they use and there advice about banking. They advised...
"Expats considering retirement in Causeway Bay should be aware that the cost of living is quite high, with housing being particularly expensive. They should also know that the healthcare system in Hong Kong is excellent, with a mix of public and private hospitals. English is widely spoken in Hong Kong, but learning some Cantonese could be beneficial for daily interactions. The city is known for its safety and low crime rates, but it's still important to take standard precautions. Causeway Bay is a bustling area with a lot of shopping and dining options, so it's perfect for those who enjoy a vibrant city life. However, it can be crowded and noisy, which might not be ideal for everyone. Hong Kong's climate is subtropical, with hot, humid summers and mild, dry winters. Air pollution can be a concern, especially for those with respiratory issues. Public transportation in Hong Kong is efficient and reliable, making it easy to get around the city. However, driving can be challenging due to the heavy traffic and complex road system. Hong Kong has a high population density, so apartments are typically small. Expats should be prepared for less living space than they might be used to. Finally, Hong Kong's tax system is relatively simple and straightforward, with low rates compared to many Western countries. However, it's advisable to consult with a tax professional to understand the implications for your personal situation," said a member in Causeway Bay, Hong Kong.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before moving to Causeway Bay?
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- What is the average cost of housing in Causeway Bay?
- Should I buy or rent a home in Causeway Bay?
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- What cultural faux pas should I try to avoid making in Causeway Bay?
- What advice do you have for expats having a baby in Causeway Bay?
- What are healthcare services like in Causeway Bay?
- Is the cost of living in Causeway Bay high?
- Will I save money living in Causeway Bay?
- Why do people move to Causeway Bay?
- What are healthcare services like in Causeway Bay?
- What are medical services in Causeway Bay like?
Where should I setup a bank account in Causeway Bay?
If you live in Causeway Bay, newcomers to Causeway Bay would love to hear your answer to this question.
