Honest Impressions of Hong Kong - Better than Singapore?
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- čas přidán 20. 05. 2024
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I have just finished my last day here in Hong Kong which I have been visiting for the past few days - and I wanted to give you my honest first impressions of this Asian megacity from the point of view of a digital nomad and online entrepreneur.
HK is a city that has fascinated me for a long time but I haven’t got around to visiting it until today - it used to be a very popular city for nomads to set up companies and live but has recently become less popular.
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CHAPTERS:
0:00 Hong Kong - Best City in Asia for Expats?
2:16 First impressions
5:55 Weather
6:24 Vibe
7:14 Networking
8:45 Cost of living & taxes
9:40 Visas & residency
10:30 Why Hong Kong offshore companies are popular
12:52 Conclusion - better than Singapore & Dubai?
Tags: hong kong, moving to hong kong, living in hong kong, hong kong vs singapore, hong kong company, hong kong offshore company, travel hong kong, hong kong visa
Agree with your view on favoring places that are on the right trajectory.
Hong Kong looks awesome
Chinese here, would not risk going to Hong Kong at all. It's a place for sightseeing and incorporating a holding company that holds the asset in mainland. The agenda has been set which is to fit into mainland China, then why not going to Shanghai directly where its cheaper and more lands.
Yeah i'd rather live in SG and Sarawak.
Short answer, yes.
Places Im also interested in -
KL
SG
Thailand mainland and islands
Philippines
Carribean
I’m Singaporean and I’m interested in your review of KL if you ever go there!
Yep. Going there in 2 months!
Hi I'm a Hongkonger who watched all your videos cuz I'm planning to relocate to Dubai. Thanks for visiting Hong Kong! ❤
Honestly, it's a bad idea to move to HK now, almost everyone here is urging to escape/already moved to countries like UK, Canada, and Australia. Even though we have to pay a higher tax rate, we still hurry to go there because Hong Kong is a dangerous place now. The good old days are gone. So I wouldn't recommend anyone to live here.
Interesting. In what way do you mean it is "dangerous"
Well the dangerous is the government (I mean CCP)
@@tuomaskiv For local HKers, the "dangerous" from their perspective is because they are becoming more and more scared of CCP from mainland China, cause they felt their democracy and freedom has been ruined by the party in recent years. However, for foreigners, practically nothing should be considered dangerous as of now, HK is still a city full of business opportunities.
@@ralph3652003 If you come as a tourist and only travel for a few weeks. Yes, you'll be fine. But if you want to stay for months or a year, you'll be affected by the current situation.
Because what China has done to us is that not only has democracy been affected in Hong Kong, but everything has started to fall apart. Even the crime rate is rising rapidly. Corruption in the police force has become widespread. Inadequate medical services because most of the doctors and nurses have left and moved to other countries.
It's no longer a safe city and definitely not an ideal place to live for foreigners or locals.
Fyi many Hong Kongers have migrated to Singapore which u didn’t know, they have started as early as 1980s & 1990s. Many have felt that was the BEST move ever rather than moving to N. America,Australia or any European countries cos those countries aren’t asia countries afterall, u will always be treated as 2nd class citizen in white country.🥰🤭
Recently visited Cape Town, South Africa.
Really really cool place!!!
what about safety?
@@extsaojoseim a South African… its unfortunately not so safe in certain parts but if you visit the Western Cape…it wont disappoint. Its the best part of South Africa
Hong Kong is still an exciting place to live as an expat or high earning individual, plus theres ample nature (clear beaches and mountains) just 1-2 hours public transport from city centre without having to cross borders is nowhere to be found in the world. Politics aside obviously
FYI Singapore has the highest avg salary in asia, HK avg salary is far lesser than Singapore now. Just accept ur fate that u been declining & can’t be progessive as Singapore anymore ever since u been under the control of communist china. That’s why Singapore passport is rated no.1 in the world & not china(VY low world ranking).🥰🤭
@@luvsghatespap congratulations, I hope jerking off on CZcams comments has made your day better in this heat
For my past 5 visits to HK, never was there a pleasant one. People are rude, crowds everywhere. The only consolation is good food there
What about the language barrier?
Singapore for me, according to the democracy index, it is categorised as a flawed democracy. Hong Kong has fallen to Hydrid Regime status and is heading to Authoritarian.
What about malaysia?
Going there soon!
Hongkong is more culturally attractive than Singapore,which is why we love it
How is HK culturally better than Singapore?? Fact shows that Singapore is one of world top 5 MOST diverse countries, many races & hundreds of nationalities live here, half populations living in Singapore are foreigners. Do u have that many foreigners love to make HK permanent home??😂
You can't compare SG to HK , the biggest reason that you can't set up a company solely yourself in SG, you neee a local director. While in HK you can be the 100% owner of the company and you dont need t hire any locals for that, unless you want to make yourself a working visa.
Yup, that's Hong Kong ! 😁
Which city you like and loved the most, Tuomas?
Dubai
China situation ? NSL law only benefits foreign companies who wants to invest into HK and mainland China. It gives business stability, same as it had before all the 2014 and 2019 protests. Look how much money Christie's, Sotheby's and Phillips are investing into HK after 2019 protests, especially after NSL. For those comapnies its totally opposite, they want to have a bigger impact on HK luxury auction house market. I live here for 13 years, and nothing has changed. Great place to be.
talk practical and not politics. in singapore you put up with hot weather. in hong kong you put up with constant noise, crowding, dirtiness/rotting environment&buildings, street level pollution/hazards, rudeness, more crimes, and horrible housing
Malaysia would be good check that out modern and safe 👍
100%, I am going there in 2 months
KL
Wouldnt choose to live under ccp.
"traditionally a popular place for expats" Err, Hong Kong was founded by the British and was ruled by Britain for over 100 years, as recently as up until 1997. Same with Singapore, it was also founded by the British and was ruled by Britain for over a century.
As a Hongkonger, Singapore is boring for me. Most things here are not expensive except for rental costs. You can also find a wide range of cheap things from China. Also, there are many options to rent if you don't have to worry about taking care of children or commuting to work every day. But, Singapore has the advantage of widespread English fluency, while English proficiency among Hong Kong residents may be lower.
Technically singapore is in the centre of popular tourist places like Bangkok and Bali. With a Singaporean passport, we have access to best of Southeast Asia.
@@Gonecase4ever My Singapore passport provides access to more than SEA
@@NewmaticKe This is super good
Singapore is exciting for people with disposable income. i suggest you work harder
Singapore is definitely boring - no doubt. All the mall structures are pretty much same. You feel like you are in a robot city. If you go there for a few days, it's great. If you stay there for more than a month, you will be bored to tears. If you don't believe, you try it yourself.
Boring rambling video
Personally I would not be comfortable living under Authoritarian rule. All your "Rights" are what they tell you they are. Living in a Democracy all my life I cherish my Rights under The Law where no one is above them.
He compares to Singapore and Dubai, how are they better than In HK in that sense?😂
Hong kong, singapore, and dubai/uae are soft authoritarians UAE is a kindom
Singapore is a one party state that acts like a company and
hong kong is a corporation
Big companies vote based on how much they make in Hong Kong
And make the laws in their favor which is why all most of the grocery store brands are actually owned by one company and real estate is expensive when 80 percent of the land is not used @ruslankolotogin
this is typical ignorant hk thinking. singapore citizens has more rights and freedom (those that matters) than a hk citizen ever has. (Eg. right to vote for govt of your choice, right to affordable housing/education/healthcare, right to safe/clean environment, and most important the right knowing what is the planned future you and your children can have.