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Central, Hong Kong | Where should I setup a bank account in Central? | Expat Exchange
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Where should I setup a bank account in Central?

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We asked expats in Central what banks they use and there advice about banking. They advised...

"Expats considering retirement in Central should be aware that the cost of living is quite high, especially for housing. They should also know that healthcare in Hong Kong is of a high standard, but private healthcare can be expensive. Understanding the local language, Cantonese, can greatly enhance the experience, although English is widely spoken. The city is known for its fast-paced lifestyle, which might not suit everyone's retirement plans. Hong Kong has a subtropical climate, with hot, humid summers and cool, dry winters. It's also important to note that Hong Kong is a very densely populated city, which can lead to feelings of overcrowding. The city is renowned for its food scene, offering a wide range of local and international cuisines. Public transportation in Hong Kong is efficient and affordable, making it easy to get around the city. Hong Kong has a high level of safety and low crime rate, but it's always important to stay vigilant. The city also has a complex political situation, with ongoing protests and tensions, which could impact the stability and peace of the region. Lastly, Hong Kong has a high tax rate, and expats should understand the tax laws and implications before deciding to retire there," mentioned another expat when asked about moving to Central, Hong Kong.

Other Questions:

Where should I setup a bank account in Central?

If you live in Central, newcomers to Central would love to hear your answer to this question.


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