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Central, Hong Kong 🇭🇰
#1737 ,

Nomad Score: 63%

Essentials

🏙️ City Central is the business and commercial heart of Hong Kong, known for its skyscrapers, shopping districts, and vibrant culture.
👥 Population Approximately 49,000 residents.
💻 Internet Speed Average internet speed is around 100-300 Mbps.
💸 Currency & Banking Hong Kong Dollar (HKD), with a conversion rate of approx. 1 USD ≈ 7.85 HKD.
🚰 Tap Water Drinkable.
🔌 Power 220V, 50Hz, 🔌 Type G sockets.
📶 SIM Card Providers include CSL, 3 Hong Kong, and China Mobile.
💳 Banking for Expats Major banks include HSBC, Standard Chartered, and Citibank, with options for app-based banking like TransferWise.
🛌 Accommodation Options range from luxury hotels to serviced apartments, Airbnb available.
💳 Cashless Friendly Yes, Hong Kong is highly cashless, with mobile payment options like Alipay and WeChat Pay widely accepted.
🏠 Short Term Rentals Available through platforms like Airbnb and local agencies.
🛏️ Budget Accommodation Hostels like mini hotel and Hong Kong Hostel provide economical lodging.
🏙️ Best Area to Stay for Tourists Tsim Sha Tsui offers iconic sights and attractions.
🏙️ Best Area to Stay for Digital Nomads Central area offers a blend of coworking spaces, cafes, and connectivity; also nearby SoHo for modern vibes.

Working and Networking

🏢 Best Coworking Space WeWork (multiple locations) provides engaging workspaces.
Best Cafe for Work The Hive Café offers a great environment for working remotely.
💼 Networking Events Events hosted by The Hive network and local expat groups.
🥂 Social Events for Expats Facebook groups like 'Hong Kong Expats' host a variety of meetups.

Transportation

🚕 Best Taxi/Ride App Uber and HK MTR app for public transport.
🚲 Bike/Scooter Rental Local bike-sharing services like Gobee.bike and Ofo.
🏖️ Best Beach Nearby Repulse Bay, approximately 25 minutes away via taxi.
✈️ Top Regional Airline Cathay Pacific is the main regional airline.
✈️ Top International Airline Cathay Pacific and Hong Kong Airlines provide extensive international routes.
🛣️ Highway Access Major highways connect Central with other regions of Hong Kong.
🚉 Main Train/Transit Hub Hong Kong Station is the primary transit hub.
🚍 Public Transport Passes Octopus card offers convenient access to public transport and stores.
✈️ Regional Travel MTR and bus services are available to nearby locations like Lantau Island.

Health and Wellness

🏥 Best Hospital Queen Mary Hospital is a major healthcare provider.
🧘 Yoga & Wellness Centers Yoga Room and Pure Yoga offer excellent wellness options.
🏋️ Gyms & Fitness Centers Anytime Fitness and Pure Fitness provide extensive fitness amenities.
🧺 Laundry Services Quick Wash and other laundromats available throughout Central.

Food and Drink

📱 Best Food Delivery App FoodPanda and Deliveroo are popular options for food delivery.
🍽️ Best Local Dish to Try Dim Sum at Tim Ho Wan Hong Kong.
🍱 Vegan/Vegetarian Options Loving Hut is a popular vegetarian chain offering great options.
🍫 Best Dessert Spots Oddies Foodies for unique desserts.
🛒 Affordable Shopping Spots Grocery stores include Market Place by Jasons and Wellcome.
🛒 E-commerce/Online Store JD.com and HKTVmall offer extensive online shopping options.
🛒 Grocery Delivery Deliveroo and FoodPanda offer grocery delivery services.
🍸 Bar/Nightlife Area Lan Kwai Fong is the hub for nightlife in Central.
🍻 Local Brewery Young Master Brewery for local craft beers.
🍷 Wine Bars Decanter offers a range of wines in a stylish setting.
🍲 Street Food Stalls Graham Street Market has vibrant street food options.
🍕 Popular International Cuisine International options abound, with spots like Spaghetti House and Outback Steakhouse available.

Culture and Attractions

🎟️ Must-See Landmarks Victoria Peak, the skyline and Central's numerous temples.
🏛️ Museums & Art Venues Hong Kong Museum of History and M+ Museum.
🏰 Historical Sites Man Mo Temple is a key historical site worth visiting.
🕍 Religious Sites St. John's Cathedral is an iconic site.
🎉 Annual Events Chinese New Year celebrations and Hong Kong Arts Festival.
🎨 Cultural Districts PMQ (Police Married Quarters) is a center for creative industries.
🎭 Theater Venues Hong Kong Arts Festival holds various performances throughout the year.
🛍️ Local Markets Central Market offers local goods and food options.
🎼 Music Scene Live music venues include The Wanch and The Hive.
🎨 Street Art Check out street art murals in Sheung Wan, adjacent to Central.
🧑‍🍳 Cooking Classes Cooking classes at the Hong Kong Culinary Academy.
👩‍🎨 Art Galleries Galleries like Gagosian and Edouard Malingue showcase contemporary art.
🕰️ Historic Buildings PMQ and Tai Kwun are significant heritage buildings.
🏴 Local Heritage Tai Kwun represents significant cultural heritage and history.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Hong Kong Park offers a green escape within the city.
🏞️ National Parks Nearby Tai Po Kau Nature Reserve is within an hour's drive.
🚲 Cycling/Walking Paths The Central and Western District Promenade offers scenic views.
🌄 Scenic Viewpoints Sky100 offers panoramic city views from the 100th floor.
🦉 Birdwatching Locations Hong Kong Wetland Park is less than an hour away.
🔥 Bonfire-Friendly Spots Repulse Bay offers designated barbeque areas.

Other Services and Amenities

📦 Parcel Delivery Service DHL and FedEx have multiple locations in Central.
🛠️ Tech Repair Services iPhone repair stores are prevalent, including iFix and Techtember.
🏓 Table Tennis Spots Available in multiple public parks.
🧑‍🏫 Language Classes HK Language School offers a variety of language courses.
📚 Libraries & Study Spots The Hong Kong Central Library provides study facilities.
🏘️ Community Centers Serviced by multiple local community centers for cultural events.
🕹️ Gaming Lounges Local gaming cafes like Xtreme Gaming offer great environments.
🎰 Casino & Gaming Halls The Venetian Macao is a well-known casino destination nearby.

Business

🏢 Studio Purchase Price (City Center) Approx. HKD 28,000 per m² (e.g., 40 m² = HKD 1,120,000)
🏢 Studio Purchase Price (Outside City) Approx. HKD 20,000 per m² (e.g., 40 m² = HKD 800,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. HKD 36,000 per m² (e.g., 60 m² = HKD 2,160,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. HKD 25,000 per m² (e.g., 60 m² = HKD 1,500,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. HKD 45,000 per m² (e.g., 80 m² = HKD 3,600,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. HKD 30,000 per m² (e.g., 80 m² = HKD 2,400,000)
💼 Corporate Tax 16.5%
💵 Dividend Withholding Tax 0%
🏦 Tax System Only local income is taxed.
📈 Highest Income Tax Bracket Maximum personal income tax rate is 17%.
🧾 VAT No VAT.
🌐 Controlled Foreign Company (CFC) Rules No CFC rules.
🏠 Property Tax No annual property tax.
🏠 Property Transaction Tax Typically 15% for foreign purchasers.
💻 Attractive Tax System for Digital Nomads No tax on foreign income and simple tax structure.

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