Retire in Causeway Bay Guide
Summary: Retire in Causeway Bay with confidence, armed with the knowledge from our extensive guide. It covers critical considerations for retirees, from the cost of living and climate to housing, healthcare, and residency choices in Causeway Bay. We also delve into the social and cultural scene, volunteering options, public transportation facilities, and the city's walkability, helping you make an informed decision.
Retiring in Causeway Bay offers a unique blend of East meets West, where traditional Chinese culture coexists with a fast-paced, cosmopolitan lifestyle. This vibrant district is a popular choice for international retirees due to its world-class healthcare, diverse culinary scene, and easy access to parks and recreational activities. However, the high cost of living and the challenge of learning a new language can be daunting for some. Let's delve deeper into what it's like to retire in Causeway Bay, Hong Kong.
Cost of Living
Living in Causeway Bay, one of the most expensive districts in Hong Kong, can be quite costly. Rent for a decent-sized apartment can be high, and daily expenses such as groceries and dining out can add up quickly. However, public transportation is relatively affordable and efficient, reducing the need for a car. It's important for retirees to plan their finances carefully to enjoy a comfortable lifestyle here.
Climate
Hong Kong experiences a subtropical climate, with hot and humid summers and mild, dry winters. The weather in Causeway Bay is no different. The hottest months are July and August, while the coolest are January and February. The district is also prone to typhoons, particularly between May and November.
Healthcare
One of the biggest advantages of retiring in Causeway Bay is the access to excellent healthcare facilities. The district is home to several top-notch hospitals, including the Ruttonjee Hospital and the Hong Kong Sanatorium & Hospital. These hospitals are well-equipped and staffed with English-speaking doctors and nurses.
Public Healthcare System
While Hong Kong's public healthcare system is highly efficient and affordable, it's primarily designed for residents. International retirees can use the system, but they may face long waiting times for non-emergency services. Many retirees opt for private healthcare insurance to access faster and more personalized care.
Residency Options for Retirees
Obtaining residency in Hong Kong can be a complex process. The most common route for retirees is the Capital Investment Entrant Scheme, which requires a substantial investment in the local economy. It's advisable to consult with an immigration expert to explore the best options.
Parks and Recreational Activities
Causeway Bay is not just about shopping and dining. The district is home to Victoria Park, the largest public park in Hong Kong Island, offering a range of recreational activities such as tennis, swimming, and tai chi. The Hong Kong Central Library, the largest library in the city, is also located here.
Restaurants
Food lovers will be spoilt for choice in Causeway Bay. From Michelin-starred restaurants like Din Tai Fung to local favorites like Under Bridge Spicy Crab, there's something for every palate and budget. For a taste of local cuisine, try Joy Hing's Roasted Meat or the delicious dim sum at DimDimSum.
Learning the Language
While English is widely spoken in Hong Kong, learning Cantonese can enrich your retirement experience. The Hong Kong Language Learning Centre in Causeway Bay offers Cantonese courses for beginners.
Local Culture
The locals in Causeway Bay are generally friendly and welcoming to foreigners. The district has a bustling, energetic vibe, with a mix of traditional markets and modern shopping malls. The Jardine's Crescent Street Market is a popular spot for bargain hunters.
Meeting People and Volunteering
Joining local clubs and participating in community events is a great way to meet people. The Hong Kong Island Rotary Club, located in Causeway Bay, welcomes international members. For volunteering opportunities, the Hong Kong Red Cross and the Society for the Prevention of Cruelty to Animals are always looking for help.
Housing
Most retirees in Causeway Bay live in high-rise apartments, which offer stunning views of the city skyline. The district is highly walkable, with most amenities within easy reach. For a quieter neighborhood, consider the areas around Victoria Park or the Hong Kong Central Library.
Retiring in Causeway Bay, Hong Kong can be an exciting adventure. With careful planning and an open mind, international retirees can enjoy a fulfilling and vibrant lifestyle in this dynamic district.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.