Advices For The Expat Investors When Considering Hong Kong

Business

Investing In Hong Kong for Expatriates

Expatriates may consider working for companies which are based in Hong Kong, or actually invest in some of the highly promising startup businesses that are Hong Kong born and based. It would be good for them to join the HKVCA, or its full name is known as Hong Kong Venture Capital and Private Equity Association. The HKVCA already has communication access to more than 400 investing companies which include over 200 private equity organizations and many small VC investors. Within all these companies, there are the top 10 largest private equity firms.

The business opportunities that extends in the China from Hong Kong

Previously, HK signed a framework agreement for deepening the business cooperation among Guangdong, Macao and Hong Kong. The main objective is to help the development of this bay area. In the Guangdong, Hong Kong, Macao Bay Area, it comprises Hong Kong, Macao and nine other China cities. The province Guangdong itself hasurban population of 68 million (which is also the potential market for any product that would fit the audience profiles there.

The key co-operation areas would include the promotion of infrastructure connectivity, improving the level of market integration, building a global technology and innovation hub, building a system of modern industries through coordinated development, building a quality living circle to provide a better place for living, working and travelling, cultivating new strengths in international co-operation, and supporting the establishment of major co-operation platforms.

More industry specific information can be found from InvestHK.

Living in Hong Kong for Expatriates

It is not all about working and investing.

For investors and entrepreneurs, Hong Kong has always been a compact yet hassle-free city to live in. The dynamic and energetic lifestyle with a host of choices for entertainment, dining and nightlife are important parts to forming the entire attraction package. There has always been a relatively active community for expatriates in HK. Over the many past years, this community has been described as the home to an ever growing and varied expatriate community with over 600,000 people. Most the expatriates would enjoy the easy, convenient and vibrant lifestyle in Hong Kong. Mid-levels, Stanley, Sai Kung, Discovery Bay and several outlying islands are popular districts/areas where many expatriates have chosen to settle.

For the expats who have brought their family members (including spouse and children) to HK, the important aspects to consider would include international schooling and flexible healthcare system. There are 51 international schools offering more than ten different curricula including the International Baccalaureate (IB). In the relatively robust healthcare system, it consists of 50 private and public hospitals and institutions with locally and internationally trained and licensed doctors. The prevention of communicable diseases have been very well under control in Hong Kong for many years. Food safety has been seriously dealt with through an assurance system. Especially for avian influenza outbreaks, there is a comprehensive prevention programme.

During the weekends, expats may take their spouse and children to one of the twenty-four country parks (to access the nature) where 22 areas are specially protected for the retention of rich biodiversity. For light and heavy sports/exercising, expatriates can make use of the many hiking trails that are located across different places in Hong Kong Island, New Territories, and Lantau Island.

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