While Hong Kong falls into the second half of the Expat Experience league tables (ranking 25th out of 37 countries), the country’s popularity with expat families continues, showing a strong correlation with findings from the Expat Explorer Survey 2012. The country ranks 11th out of 24 in the Raising Children Abroad league tables and 3rd specifically for childcare, demonstrating that Asia is continuing as a place for families looking to raise a family abroad. With this in mind, it’s no surprise that the main reason expats relocate to Hong Kong is to join their families or partners (41% compared to a global average of 33%).
Hong Kong continues to receive high praise for its child-focused credentials, particularly childcare and education. More than half of expats (56%) in the country agree that the quality of childcare exceeds that available at home (compared to a global average of 48%). The standard of education also follows this trend, with more than half (54%) observing slightly better schooling in Hong Kong compared to their home country (compared to a global average of 49%). Seven in ten expat parents (71%) also report marked improvements in child safety (compared to a global average of 57%).
Accommodation provides a slight drawback for expats living in the country, with 45% of expats paying much more than before for housing compared to a global average of 30%. Furthermore only 19% of expats agree that their standard of accommodation is better than before, against a world average of 39%. Another area of concern among expats in Hong Kong is healthcare - while it is seen as being good quality, it is also expensive. Only 16% of expats were able to find their healthcare costs reduced upon relocation, compared to a global average of 25%. This trend is also replicated across childcare, with a quarter (24%) of expats spending much more on the service following their move to Hong Kong than before, compared to a global average of 14%.
In addition to catering for family life, Hong Kong offers a wealth of other lifestyle benefits for expats. Many associate the country with a lower tax system (61% compared to a global average of 27%), higher salaries (50% compared to a global average of 41%) and a greater sense of personal security (60% compared to a global average of 40%). Financial status tends to have increased in comparison to an expats’ home country, as seven in ten expats agree that they earn more since relocating (70% compared to a global average of 59%). A tenth of respondents (11%) are earning an annual household income of $200,000USD each year, which, given Hong Kong’s relatively higher cost of living, is perhaps expected.
Thanks to Hong Kong’s efficient transport infrastructure, local subway networks, buses and trams, expats here are among those more likely to enjoy a better commute to work than they did in their home countries (53% against a global average of 43%) – another factor in shaping Hong Kong as a family-friendly hub.
"Hong Kong is a fantastic hub for Asian travel with direct flights to the whole of Asia. Take a look at the atlas and pick your countries...they are all accessible from this Oriental pearl." – Expat in Hong Kong
|Country of origin:||China (42%);
|Occupation:||Banking, Insurance, Financial Services (16%);
IT & Internet (10%)
|Age:||18-34 (58%); 35-54 (38%); 55+ (4%)|
|Gender:||Male (50%); Female (50%)|