Hong Kong is not a very large region, but a lot of people live there and it is very crowded. It has a territory of about 426 square miles (1,104 square kilometers) and a population of over 7.5 million people. Also, the tourist flow is very large. There are about 58.47 million people who visit Hong Kong each year (about 44.45 million visitors are just from China).
This district is very expensive to live in and it is considered to be one of the most expensive places to live in the entire world. According to independent.co.uk, The Mercer 2019 Cost of Living Survey has ranked Hong Kong the priciest city to live in as an expat for 2019 (in 2018 it held again the first position) in the entire world based on 200 different factors. If you are planning a move there, be prepared for these high expenses.
Before you start preparing your stuff for an international move from the USA to Hong Kong, make sure you have secured a job offer. That is a necessary condition in order to apply for a working visa. Also, if you want a smooth transition from your old home to your new one abroad, you need to find a reputable international moving company that will handle the relocation of your personal belongings properly. You can do that by filling in our price estimator and getting a free moving quote.
Licensed international movers will know exactly how to handle every step of your country to country relocation. They have done thousands of successful moves and have the knowledge and right techniques to move each of your items safely. Also, the movers will know all of the regulations regarding importing your personal belongings that the new country might have.
If you try to do this international move by yourself, you are going to risk severely hurting yourself by lifting incorrectly heavy objects or breaking something in the moving process. Moving from one country to another is no joke. There are many unforeseen obstacles that may occur. If you want your international move to be a successful and stress-free one, you have to call a professional moving company to do this difficult task for you.
Finding a good international mover is important, but you also need to find a highly paid job so that you can afford the high cost of living in Hong Kong. The best way to find a job there as a foreigner is to search for an international company. Keep in mind that most of the local companies will require you to know at least the basic level of understanding Cantonese.
According to checkinprice.com, the minimum salary per hour is about HK$ 37.5 which is about $4.84 in U.S. dollars. As an expat, you can expect an average monthly salary of 19,100 HKD (2,430 USD) if you are a male worker and 14,700 HKD (1,875 USD) if you are a female worker. In order to have a comfortable living in Hong Kong, you need to have a salary that is at least two times the average one.
The cost of living in Hong Kong is about 10.23% higher than that in the USA. When we look at the cost of renting a home, we have a whole different ball game - it is 84.48% higher than the average in the United States. Other expenses such as a meal in a cheap restaurant can cost you around HK$ 60.00 ($7.74) while a three-course meal for two people in a medium-priced restaurant can be around HK$ 500.00 ($64.52).
The regular price of a monthly pass for transportation will cost you around HK$ 500.00 ($62.58). A one-way ticket with the local transport is about HK$ 10.00 ($1.29). If you like going out for a beer after your working day is over, it is about HK$ 60.00 ($7.74) for 1 beer. On the other hand, if you like working out, you can get a fitness club card by paying a monthly fee of around HK$ 589.55 ($76.07). With these average prices, you are going to have a better idea of what the cost of living is in Hong Kong.
According to numbeo.com, there is a big difference in the price of renting or buying an apartment in the city center or outside of it. For example, renting a one-bedroom apartment in the city center can cost you about HK$ 17,907.89 ($2,310.628) and outside the city center can cost you about HK$ 12,232.88 ($1,578.390).
Renting a three-bedroom apartment is about double the amount that you would pay for a one-bedroom apartment - HK$ 36,871.21 ($4,757.621) for a 3-bedroom apartment in the city center and HK$ 23,753.25 ($3,065.038) for a 3-bedroom apartment outside of it. As you can see, the rent alone will eat up a significant amount from your monthly salary.
These are only the average rents in Hong Kong. You can try to find a cheaper or more expensive home depending on your budget. Buying an apartment in Hong Kong is very expensive - the price is HK$ 22,971.56 ($2,963.924) per square foot in the city center and HK$ 14,586.71 ($1,882.200) per square foot outside of it. Keep these amounts in mind if you are wondering whether to buy an apartment or rent one and also the location of the home.
Choosing in which area to live in Hong Kong depends on a couple of factors. For example, are you moving by yourself or with your family? Whether or not you have kids will also play a big role in your final decision. Also, do you have any pets and will you be taking them with you on this relocation? There are three main parts that form Hong Kong - the New Territories, Kowloon, and Hong Kong Island.
Kowloon Tong and West Kowloon are both good places for you to live with your family. In these areas, you will have nearby outstanding transport links thanks to the MTR (The Mass Transit Railway) and many excellent international schools. If you love going to the beach, then Repulse Bay and Stanley should be on the top of your list for areas to live in Hong Kong, but if you decide to move there, you should have a car because there is no MTR line to the city center. Keep in mind that Stanley is the more affordable choice between the two.
If you want to be in the center of the nightlife in Hong Kong, then Wan Chai is the perfect place for you. This area is full of restaurants, bars, cafes, hotels, markets, and outlets. Wan Chai offers foreigners a wide variety of residential property they can choose from - from cheap apartments to luxury homes. These are just a few of the areas that you can choose from in Hong Kong. As you can see, there is a place for every taste and preference - from quiet neighborhoods for your family to never-ending nightlife for young expats.
One of the ways to trust the moving services of the Hong Kong mover you have chosen is to read reviews by their previous customers. They will show you how that specific moving company has handled their relocation. Also, get as many moving quotes as you can so that you can make the right choice for you. So, don’t waste any of your valuable time and get a free moving quote from our cost estimator.
If you want your international relocation to Hong Kong to go as smoothly as possible, you should call an international mover to take care of everything for you. Your personal belongings are going to be shipped across a huge distance and between two different countries, so it’s not a very good idea to take any unnecessary risks. The best solution is to choose the full moving services of an international moving company, so stop wondering how to handle your relocation and get a free moving quote now.