More and more British people are moving abroad every year. Leaving the UK is a huge decision, but deciding where to move to is even more important. Hong Kong provides an attractive option for so many. If this is a place that appeals to you, read on to discover some excellent tips for moving to Hong Kong. But first, let’s discover why this area appears to be such an attractive proposition.
From the delicious local cuisine to warm weather, there are many different reasons why Hong Kong is proving to be a popular destination amongst British people. One of the reasons why so many people are able to adapt to life over there is because of the convenient living. Let’s just say, when it comes to public transport, Hong Kong puts London to shame. If that wasn’t enough, convenient stores are in their plentiful, and with the Octopus card you will never need to carry cash around. With this handy card you can pay for everything from fast food, to public transport, to even ice skating rentals.
For a lot of people, moving to Hong Kong is a no-brainer. Nonetheless, you will obviously need to do your research before diving straight in, and that is what this post is here to help you with. One of the main concerns for people moving abroad is undoubtedly finding employment. Thankfully, there is good news when it comes to finding a job in Hong Kong. Currently there is a shortfall in skilled employment and thus employers are looking to attract foreign talent, which means you are likely to be in high demand and thus this should make your job hunt a little bit easier.
You will also need to know about the visa process. This is fairly straight forward. You need not worry about visas being sector specific or there being any quota restrictions. You should find it easy to get a work permit as long as you can prove that your education or skill set will be valuable to society and that you have no former criminal record. Nevertheless, as you are coming from the UK and not from mainland China, you will need to have an employee sponsor and job contract prior to applying for your work permit.
Finally, it is important to take care of your finances properly before you leave the UK. Cancel any direct debits or subscriptions you have. You will also need to complete a P85. This notifies the HMRC that you are moving abroad. Don’t forget to consider your pension. Not only will you need to inform your local tax office, the HM Revenue & Customs’ National Insurance Contributions Office and The International Pension Centre of your departure, but you may want to consider a UK pension transfer as well, such as QROPS. Using a financial advisor comes recommended as they will be able to help you with this and other key areas of contemplation, such as insurance.
All in all, it is not difficult to see why Hong Kong has become such a hotspot for British people looking to move abroad. If it is somewhere that appeals to you, make sure you take the advice provided in this article before you make your big move. It can be very tempting to just pack up your bags and leave today. However, you need to do everything the right way.
If you'd like to know more about us, request our new PDF brochure.
Request a callback from one of our advisers.