Where should I setup a bank account in Tai Po?

"Expats considering retirement in Tai Po should be aware of several factors. Firstly, the cost of living in Hong Kong is high, with housing being particularly expensive. Tai Po, however, is one of the more affordable districts, offering a mix of high-rise apartments and village houses. Healthcare in Hong Kong is of a high standard, but private healthcare can be expensive, so it's advisable to have comprehensive health insurance. The public healthcare system is affordable but often involves long waiting times. The official languages are Cantonese and English, with Cantonese being the most widely spoken. While you can get by with English in many places, learning some basic Cantonese phrases can be beneficial. Hong Kong's climate is subtropical, with hot, humid summers and mild, dry winters. Typhoons are common between May and November, which can disrupt daily life. Hong Kong has a high population density, which can be overwhelming for some. However, Tai Po offers a more relaxed pace of life, with plenty of green spaces and less crowded streets. Public transportation in Hong Kong is efficient and affordable, with a network of trains, buses, and ferries. Owning a car is not necessary and can be expensive due to the high cost of parking and fuel. Hong Kong's tax system is relatively simple and low by international standards. However, it's advisable to seek professional advice to understand your tax obligations. Finally, Hong Kong is politically part of China, but it operates under a "one country, two systems" principle. This means that while it's part of China, it has its own legal system and borders, and rights such as freedom of speech are more protected than in mainland China. However, recent political developments have led to increased tensions and uncertainties about the future," wrote a member who made the move to Tai Po, Hong Kong.

William Russell
Get Quote

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote