Business
- Dividend Withholding Tax
- 0%
- Studio Purchase Price (City Center)
- Approx. 210,000 HKD per m² (e.g., 30 m² = 6,300,000 HKD / $800k USD)
- Studio Purchase Price (Outside City)
- Approx. 130,000 HKD per m² (e.g., 30 m² = 3,900,000 HKD / $500k USD)
- 1-Bedroom Purchase Price (City Center)
- Approx. 200,000 HKD per m² (e.g., 50 m² = 10,000,000 HKD / $1.28m USD)
- 1-Bedroom Purchase Price (Outside City)
- Approx. 120,000 HKD per m² (e.g., 50 m² = 6,000,000 HKD / $770k USD)
- 2-Bedroom Purchase Price (City Center)
- Approx. 190,000 HKD per m² (e.g., 70 m² = 13,300,000 HKD / $1.7m USD)
- 2-Bedroom Purchase Price (Outside City)
- Approx. 110,000 HKD per m² (e.g., 70 m² = 7,700,000 HKD / $985k USD)
- Corporate Tax
- 8.25% on first 2M HKD profit, 16.5% thereafter
- Tax System
- Territorial basis (Only income derived from HK is taxed)
- Highest Income Tax Bracket
- 15-17% (Standard rate or progressive max)
- VAT
- 0% (No VAT or GST in Hong Kong)
- Controlled Foreign Company (CFC) Rules
- No
- Property Tax
- Yes, 15% on rental income (subject to statutory deduction)
- Property Transaction Tax
- Stamp Duty (Ad Valorem), rates vary; Buyer’s SD and Special SD may apply to non-residents
- Attractive Tax System for Digital Nomads
- Yes, if income is sourced outside HK, it may be 0% tax under territorial system
Essentials
- City
- Causeway Bay, Hong Kong Island, Hong Kong
- Population
- Approximately 34,000 (District population), part of 7.5 million in HK
- Internet Speed
- High speed ubiquitous; 1000 Mbps fiber common, 5G coverage 99%
- Currency & Banking
- 1 HKD ≈ 0.13 USD, 1 USD ≈ 7.82 HKD (Linked Exchange Rate System)
- Tap Water
- Safe at source, but boiling or filtering is recommended due to old building pipes
- Power
- 220V, 50Hz, 🔌 Type G (UK style) sockets
- SIM Card
- CSL, SmarTone, or Birdie (eSIM available at 7-Eleven for approx. 50 HKD)
- Banking for Expats
- HSBC, Standard Chartered, and digital-only banks like ZA Bank or Mox
- Accommodation
- High-density apartments, luxury serviced suites, and 'mansions' (older subdivided blocks)
- Cashless Friendly
- Yes, Octopus card, Credit Cards, AlipayHK, and WeChat Pay accepted everywhere
- Short Term Rentals
- Dash Living, Weave Living (Starting 15,000 HKD/month)
- Budget Accommodation
- Yesinn @Causeway Bay (approx. 250 HKD/night), Pandacity
- Best Area to Stay for Tourists
- Near Paterson Street or Percival Street for shopping and dining access
- Best Area to Stay for Digital Nomads
- Tai Hang (quieter, boutique feel) or Tin Hau (better value, 5 min walk away)
Working and Networking
- Best Coworking Space
- the Hive Causeway Bay (Indulge in the terrace), 14/F, Manning House (Full day: 300 HKD)
- Best Cafe for Work
- Mercury Recalls by Lost Stars (Shop A, G/F, 41-43 Graham St - nearby), or Elephant Grounds (Fashion Walk)
- Networking Events
- Garage Society community meetups, General Assembly HK workshops
- Social Events for Expats
- Internal events at the Hong Kong Yacht Club or 'Expats in Hong Kong' Facebook Group local meetups
Transportation
- Best Taxi/Ride App
- Uber, HKTaxi app (for local red taxis)
- Bike/Scooter Rental
- Locobike (More common in New Territories; limited in CBD/CWB due to traffic)
- Best Beach Nearby
- Repulse Bay or Shek O (25-35 mins via Bus 6/6X or 9 from Central/Shau Kei Wan)
- Top Regional Airline
- Cathay Pacific, Hong Kong Express (LCC)
- Top International Airline
- Cathay Pacific, Qatar Airways, Emirates
- Highway Access
- Route 1 (Cross-Harbour Tunnel) and Route 4 (Island Eastern Corridor)
- Main Train/Transit Hub
- MTR Causeway Bay Station (Island Line)
- Public Transport Passes
- Octopus Card (Essential, works on all transport and stores)
- Regional Travel
- High Speed Rail from West Kowloon to China mainland; TurboJET ferry to Macau
Health and Wellness
- Best Hospital
- St. Paul's Hospital (Private), 2 Eastern Hospital Rd
- Yoga & Wellness Centers
- Pure Yoga (Soundwill Plaza), PURE Fitness (Lee Theatre)
- Gyms & Fitness Centers
- Anytime Fitness Causeway Bay, Go24 Fitness (open 24/7, approx 600 HKD/month)
- Laundry Services
- Sunshine Laundry (Multiple locations) or Cleanic (Wash & Fold approx 40 HKD/bag)
Food and Drink
- Best Food Delivery App
- Foodpanda, Deliveroo
- Best Local Dish to Try
- Wonton Noodles at Ho Hung Kee (Hysan Place, Michelin-starred)
- Vegan/Vegetarian Options
- Treehouse (Hysan Place), Loving Hut (Wan Chai nearby)
- Best Dessert Spots
- Via Tokyo (Matcha soft serve), Honeymoon Dessert
- Affordable Shopping Spots
- Jardine's Crescent (Street market), Don Don Donki (Pearl City)
- E-commerce/Online Store
- HKTVmall, Amazon (Free shipping to HK on many items over $49 USD)
- Grocery Delivery
- ParknShop, Wellcome, or Pandamart
- Bar/Nightlife Area
- Knutsford Terrace (TST cross-harbor) or the rooftop bars like SKYE at The Park Lane
- Local Brewery
- Young Master Ales, Gweilo Beer (Found at 'The Globe' nearby)
- Wine Bars
- Le Quinze Vins (LQV), 9 Swatow Street
- Street Food Stalls
- Tang Lung Street food stalls (Curry fish balls, egg waffles)
- Popular International Cuisine
- Din Tai Fung (Taiwanese Dumplings, Yee Wo St), Ichiran Ramen (Jaffe Rd)
Culture and Attractions
- Must-See Landmarks
- Noonday Gun (Firing daily at 12 PM), Victoria Park
- Museums & Art Venues
- Hong Kong Central Library (huge cultural resource), M+ Museum (15 mins via MTR)
- Historical Sites
- Lin Fa Kung Temple (Tai Hang, 10 min walk)
- Religious Sites
- Tin Hau Temple (Causeway Road)
- Annual Events
- Lunar New Year Fair (Victoria Park), Tai Hang Fire Dragon Dance (Mid-Autumn)
- Cultural Districts
- Tai Hang (Heritage and dining enclave)
- Theater Venues
- Hong Kong Academy for Performing Arts (Wan Chai nearby)
- Local Markets
- Bowrington Road Wet Market (for fresh produce and street food)
- Music Scene
- Billboard Live (upcoming) or local bars in Wan Chai / Central (10 mins away)
- Street Art
- HKwalls murals in neighboring Wan Chai and mid-levels
- Cooking Classes
- Towngas Cooking Centre (Lee Theatre Plaza)
- Art Galleries
- Whitestone Gallery (H Queen’s - 15 mins MTR away in Central)
- Historic Buildings
- Blue House (Wan Chai, heritage conservation site)
- Local Heritage
- The 'Ding Ding' (Hong Kong Tramways) operating since 1904
Nature and Outdoor Activities
- Nearby Nature Escapes
- Victoria Park (largest on HK Island), Dragon's Back Trail (30 mins transition)
- National Parks Nearby
- Tai Tam Country Park (South of CWB)
- Cycling/Walking Paths
- Causeway Bay to Wan Chai Promenade (Waterfront walk)
- Scenic Viewpoints
- Red Incense Burner Summit (Braemar Hill) for the best skyline view
- Birdwatching Locations
- Victoria Park or Hong Kong Park (2 stops away)
- Bonfire-Friendly Spots
- Shek O Beach (designated BBQ pits, no open fires on sand)
Other Services and Amenities
- Parcel Delivery Service
- SF Express (Stations everywhere), DHL, FedEx
- Tech Repair Services
- Apple Store (Hysan Place), Wan Chai Computer Centre (1 MTR stop away)
- Table Tennis Spots
- Victory Park Indoor Games Hall
- Language Classes
- Hong Kong Language School (Cantonese/Mandarin), Jardine's Bazaar
- Libraries & Study Spots
- Hong Kong Central Library (Free, extensive study zones)
- Community Centers
- Causeway Bay Community Centre (Fook Yum Road)
- Gaming Lounges
- i-One Internet Cafe (various locations)
- Casino & Gaming Halls
- None (Gambling is illegal except at HK Jockey Club for horse racing)