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Expat Exchange - Retire in Stanley Guide 2024
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Retire in Stanley Guide

By Betsy Burlingame

Universal Tax Professionals
Universal Tax Professionals

Summary: If Stanley is on your retirement radar, our detailed Retire in Stanley Guide is your go-to resource. Delve into the crucial aspects of life here, including living costs, climate, housing options, healthcare services, and residency procedures. We also explore the city's social dynamics, volunteering scenes, transportation, and how walkable its neighborhoods are.

Retiring in Stanley offers a unique blend of East meets West, with a rich cultural heritage and modern amenities. This seaside town is a popular choice for international retirees due to its relaxed lifestyle, beautiful beaches, and vibrant expat community. However, like any place, it has its own set of challenges, including a high cost of living and language barriers.

Cost of Living

Stanley, like the rest of Hong Kong, is known for its high cost of living. Housing, in particular, can be quite expensive, especially for waterfront properties. However, retirees can find more affordable options in the older residential buildings. Groceries and dining out can also be pricey, but there are local markets and eateries that offer cheaper alternatives.

Climate

Stanley enjoys a subtropical climate, with hot, humid summers and mild, dry winters. The town is particularly beautiful in the spring and autumn when the weather is more comfortable. However, retirees should be prepared for the occasional typhoon during the rainy season.

Healthcare

Stanley is in close proximity to some of the best hospitals in Hong Kong, including the Ruttonjee Hospital and the Hong Kong Sanatorium & Hospital. These facilities offer world-class medical services, with many doctors speaking English. However, private healthcare can be expensive, so it's advisable for retirees to have comprehensive health insurance.

Public Healthcare System

International retirees can access Hong Kong's public healthcare system, which offers affordable and quality medical services. However, the system is often crowded, and there may be long waiting times for non-emergency treatments. Many retirees opt for private healthcare for more immediate access to medical services.

Residency Options for Retirees

Retirees can apply for a visa under the Capital Investment Entrant Scheme, which requires an investment of HKD 10 million in specified financial assets. Alternatively, they can apply for a dependent visa if they have a family member who is a Hong Kong resident.

Parks and Recreational Activities

Stanley offers a range of recreational activities for retirees. The Stanley Main Beach is perfect for swimming and sunbathing, while the Stanley Market is a great place to shop for souvenirs and local crafts. The town also has several parks, including the Stanley Ma Hang Park and the Stanley Plaza, where retirees can enjoy a leisurely stroll.

Restaurants

Stanley has a diverse food scene, with restaurants serving a variety of cuisines. Some popular choices include Stanley Cave, a cozy restaurant serving traditional Chinese dishes, and The Boathouse, a waterfront restaurant known for its seafood and stunning views of the bay.

Learning the Language

While English is widely spoken in Stanley, learning Cantonese can enhance the retirement experience. The Hong Kong Language Learning Centre in Stanley offers Cantonese classes for beginners.

Local Culture

The locals in Stanley are generally friendly and welcoming to international retirees. The town has a strong sense of community, with regular events and festivals that bring residents together.

Meeting People and Volunteering

Retirees can meet people through various clubs and organizations, such as the Stanley Residents Association and the Stanley Dragon Boat Association. Volunteering is also a great way to get involved in the community. The Hong Kong Dog Rescue in Stanley is always looking for volunteers to help with their rescue dogs.

Housing

Most retirees in Stanley live in apartments or condos, with a few opting for detached houses. The town is compact and walkable, so retirees can easily access amenities without a car. The public transportation system is also efficient, with regular buses to other parts of Hong Kong.

About the Author

Betsy Burlingame 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.


Universal Tax Professionals
Universal Tax Professionals

Universal Tax Professionals
Universal Tax Professionals

SJB Global
SJB Global

SJB 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.
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SJB GlobalSJB Global

SJB 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.
Learn More

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