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

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

"Kennedy Town is located at the western end of Sai Wan on Hong Kong Island in Hong Kong, known for its blend of old and new buildings. It is a popular residential area for both locals and expats due to its relatively lower cost of living compared to other parts of Hong Kong. Before retiring in Kennedy Town, expats should know that while English is widely spoken in Hong Kong, the primary language in the area is Cantonese. Therefore, learning some basic Cantonese phrases could be beneficial. The cost of living in Kennedy Town is lower than in other parts of Hong Kong, but it is still high compared to many Western countries. Expats should ensure they have a sufficient retirement fund to cover living expenses. Healthcare in Hong Kong is of a high standard, but it can be expensive. Expats should ensure they have comprehensive health insurance. Kennedy Town is well-connected to other parts of Hong Kong by public transport, including the MTR, buses, and trams. However, traffic can be heavy during peak hours, so it's important to plan travel times accordingly. The area has a variety of dining and shopping options, from traditional markets to modern supermarkets and restaurants. It's also close to several parks and the waterfront, offering plenty of opportunities for outdoor activities. Hong Kong's climate is subtropical, with hot, humid summers and cool, dry winters. Expats from cooler climates may need time to adjust to the heat and humidity. Hong Kong has a high population density, and apartments in Kennedy Town are typically small. Expats should be prepared for smaller living spaces than they might be used to. Finally, Hong Kong's tax system is relatively straightforward, but it's advisable for expats to seek professional advice to ensure they understand their tax obligations," remarked another expat who made the move to Kennedy Town, Hong Kong.

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Where should I setup a bank account in Kennedy Town?

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


William Russell
William Russell

Get a quote for international health insurance from our partner, William Russell.
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William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
Get Quote

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