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Happy Valley, Hong Kong 🇭🇰
#1968 ,

Nomad Score: 64%

Essentials

🏙️ City Happy Valley is a residential area in Hong Kong known for its horse racing track and a blend of modern and traditional Hong Kong living.
👥 Population Approx. 30,000
💻 Internet Speed Average 100 Mbps
💸 Currency & Banking 1 HKD ≈ 0.13 USD
🚰 Tap Water Drinkable
🔌 Power 220V, 50Hz, 🔌 Type G sockets
📶 SIM Card Providers include 3 HK, Smartone, and CSL.
💳 Banking for Expats Popular options include HSBC, Standard Chartered, and local fintech services like WeLab.
🛌 Accommodation Options range from serviced apartments to local flats available on platforms like Airbnb and Spotahome.
💳 Cashless Friendly Yes, especially with mobile payment systems such as Octopus card and Alipay.
🏠 Short Term Rentals Airbnb, serviced apartments like The Luxe Manor.
🛏️ Budget Accommodation Check out The Rainbow Hotel or local hostels.
🏙️ Best Area to Stay for Tourists Happy Valley is close to attractions, but Central or Tsim Sha Tsui are slightly better options.
🏙️ Best Area to Stay for Digital Nomads Happy Valley offers a quieter living experience with easy access to Coworking spaces.

Working and Networking

🏢 Best Coworking Space The Hive Hong Kong located nearby offers great facilities and a community atmosphere.
Best Cafe for Work Café Green offers high-speed internet and a cozy environment.
💼 Networking Events Meetup.com hosts regular networking events among the expat community.
🥂 Social Events for Expats Look for gatherings via the Hong Kong Expats Facebook Group.

Transportation

🚕 Best Taxi/Ride App Uber available, or local taxis easily hailed.
🚲 Bike/Scooter Rental Bike sharing options available through 'GoBike' app.
🏖️ Best Beach Nearby Repulse Bay Beach, a short taxi ride away.
✈️ Top Regional Airline Cathay Pacific is the main carrier.
✈️ Top International Airline Various carriers available including Emirates and Singapore Airlines.
🛣️ Highway Access Easy access to major roads, including the Island Eastern Corridor.
🚉 Main Train/Transit Hub MTR station at Causeway Bay nearby connects to the rest of HK.
🚍 Public Transport Passes Octopus card offers unlimited travel options.
✈️ Regional Travel Buses and minibusses are readily available for local commuting.

Health and Wellness

🏥 Best Hospital Hong Kong Sanatorium & Hospital is highly recommended.
🧘 Yoga & Wellness Centers Yoga Room in Happy Valley offers a variety of classes.
🏋️ Gyms & Fitness Centers Pure Fitness at the nearby Lee Gardens area is a popular choice.
🧺 Laundry Services Laundry services available at most local convenience stores.

Food and Drink

📱 Best Food Delivery App Deliveroo and foodpanda are popular for food delivery.
🍽️ Best Local Dish to Try Dim Sum at Tim Ho Wan or local congee.
🍱 Vegan/Vegetarian Options Green Common offers great plant-based options.
🍫 Best Dessert Spots Mammy Pancake serves delicious egg waffles.
🛒 Affordable Shopping Spots Local wet market at Happy Valley for fresh produce.
🛒 E-commerce/Online Store HKTVmall offers grocery and delivery services online.
🛒 Grocery Delivery Deliveroo offers grocery options through their app.
🍸 Bar/Nightlife Area The nightlife in Wan Chai is vibrant and close to Happy Valley.
🍻 Local Brewery Hong Kong Beer Co. with local brews available at many bars.
🍷 Wine Bars Harlan's offers a good selection of wines.
🍲 Street Food Stalls Wontons and dumplings are popular street food items.
🍕 Popular International Cuisine Various options available including Italian, Mexican, and Indian.

Culture and Attractions

🎟️ Must-See Landmarks Happy Valley Racecourse, a local cultural icon.
🏛️ Museums & Art Venues Hong Kong Museum of History nearby.
🏰 Historical Sites Visit the Wong Nai Chung Gap Memorial.
🕍 Religious Sites Hung Shing Temple is a notable local temple.
🎉 Annual Events Happy Valley Race Meetings attract locals and tourists alike.
🎨 Cultural Districts Explore neighbourhoods like Wan Chai for a taste of local culture.
🎭 Theater Venues Hong Kong Arts Festival events are held nearby.
🛍️ Local Markets Happy Valley Market offers a variety of local goods.
🎼 Music Scene Live music is often featured in local bars and cafes.
🎨 Street Art Various murals can be found around the neighborhood.
🧑‍🍳 Cooking Classes Local workshops available for learning Cantonese cooking.
👩‍🎨 Art Galleries Visit local galleries featuring Hong Kong artists.
🕰️ Historic Buildings The Old House on Blue Pool Road shows historical architecture.
🏴 Local Heritage Rich horse racing culture and local traditions celebrated in festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Victoria Park for leisurely walks and green space.
🏞️ National Parks Nearby Tai Tam Country Park offers trails and scenic views.
🚲 Cycling/Walking Paths Paths around Hong Kong Park are great for cycling.
🌄 Scenic Viewpoints The Peak offers breathtaking views of the city.
🦉 Birdwatching Locations Tai Tam Reservoir for observing local birds.
🔥 Bonfire-Friendly Spots Not permitted in urban areas. Check designated picnic areas.

Other Services and Amenities

📦 Parcel Delivery Service DHL and SF Express provide reliable delivery services.
🛠️ Tech Repair Services iRepair offers mobile and computer repair services.
🏓 Table Tennis Spots Local community centers often provide free access to table tennis tables.
🧑‍🏫 Language Classes Cantonese language courses available at various local institutes.
📚 Libraries & Study Spots Hong Kong Central Library is accessible for study.
🏘️ Community Centers Happy Valley Community Centre hosts events and classes.
🕹️ Gaming Lounges There are various gaming cafes around Wan Chai.
🎰 Casino & Gaming Halls Casinos are found mainly in Macau, a ferry ride away.

Business

🏢 Studio Purchase Price (City Center) Approx. HKD 20,000 per m² (e.g., 30 m² = HKD 600,000)
🏢 Studio Purchase Price (Outside City) Approx. HKD 16,000 per m² (e.g., 30 m² = HKD 480,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. HKD 25,000 per m² (e.g., 50 m² = HKD 1,250,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. HKD 20,000 per m² (e.g., 50 m² = HKD 1,000,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. HKD 30,000 per m² (e.g., 70 m² = HKD 2,100,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. HKD 25,000 per m² (e.g., 70 m² = HKD 1,750,000)
💼 Corporate Tax 16.5%
💵 Dividend Withholding Tax No tax on dividends
🏦 Tax System Territorial tax system for residents
📈 Highest Income Tax Bracket Highest rate is 17%
🧾 VAT No Value Added Tax
🌐 Controlled Foreign Company (CFC) Rules No CFC rules that specifically limit foreign income
🏠 Property Tax Annual tax on rental income at 15% if applicable
🏠 Property Transaction Tax Standard rate 4.25%
💻 Attractive Tax System for Digital Nomads Low taxes make HK attractive for digital nomads

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