Nomad Watch

Essentials

City
Hong Kong SAR, China
Population
Approx. 7.5 Million
Internet Speed
Average 250 Mbps (Fiber is standard; 5G coverage 99%)
Currency & Banking
HKD (Hong Kong Dollar); 1 USD ≈ 7.82 HKD, 1 EUR ≈ 8.50 HKD
Tap Water
Safe to drink after boiling; however, most residents use filters or bottled water
Power
220V, 50Hz, 🔌 Type G (UK style) sockets
SIM Card
CSL, SmarTone, or Birdie (eSIM available). Monthly 20GB plans approx. HK$150
Banking for Expats
HSBC, Standard Chartered, and virtual banks like ZA Bank or Mox
Accommodation
High-density apartments; platforms like Spacious.hk and 28Hse.com
Cashless Friendly
Yes, Octopus card, Apple Pay, and AliPay/WeChat Pay are ubiquitous
Short Term Rentals
Airbnb (limited), Dash Living, and weave-living.com for serviced apartments
Budget Accommodation
Hop Inn (Tsim Sha Tsui) - Approx. HK$400/night; Mojo Nomad (Aberdeen)
Best Area to Stay for Tourists
Tsim Sha Tsui (harbor views) or Central (nightlife and shopping)
Best Area to Stay for Digital Nomads
Kennedy Town (chilled vibes, cafes) or Sai Ying Pun (central but local feel)

Working and Networking

Best Coworking Space
The Hive (Wan Chai/Central) - Day pass HK$300; Desk One (various) - Hourly from HK$40
Best Cafe for Work
Elephant Grounds (Caucus Bay/Sheung Wan) - High-speed Wi-Fi, great coffee
Networking Events
Metta (entrepreneur community) and General Assembly (tech/design events)
Social Events for Expats
Internations Hong Kong and 'HK Expats' Facebook Group

Transportation

Best Taxi/Ride App
HK Taxi (for traditional cabs) and Uber
Bike/Scooter Rental
LocoBike (shared bikes mostly in New Territories/Sha Tin)
Best Beach Nearby
Shek O Beach (approx. 45 mins from Central via bus 9)
Top Regional Airline
Cathay Pacific, HK Express (budget)
Top International Airline
Cathay Pacific, Emirates, Qatar Airways
Highway Access
Route 8 (connecting Lantau to Kowloon) and Route 1 (north-south)
Main Train/Transit Hub
Hong Kong Station / Central Station (MTR Interchange)
Public Transport Passes
Octopus Card (Stored value for MTR, buses, ferries, and trams)
Regional Travel
High-Speed Rail (West Kowloon to Shenzhen/Guangzhou) and TurboJET Ferry to Macau

Health and Wellness

Best Hospital
Queen Mary Hospital (Public) and Gleneagles Hong Kong (Private)
Yoga & Wellness Centers
Pure Yoga (multiple locations) and Flow Yoga (Central)
Gyms & Fitness Centers
24/7 Fitness (HK$500/mo) and Anytime Fitness
Laundry Services
Sunshine Laundry (multiple locations) and Cleanic

Food and Drink

Best Food Delivery App
Foodpanda and Deliveroo
Best Local Dish to Try
Dim Sum at Tim Ho Wan and Roast Goose at Yat Lok (Central)
Vegan/Vegetarian Options
Veda (Central) and Mana! Fast Slow Food
Best Dessert Spots
Honeymoon Dessert and Mammy Pancake (Egg Waffles)
Affordable Shopping Spots
Temple Street Night Market and Ladies Market (Mong Kok)
E-commerce/Online Store
HKTVmall and Amazon (with global shipping)
Grocery Delivery
ParknShop (Great Food Hall) and Wellcome (Market Place)
Bar/Nightlife Area
Lan Kwai Fong (LKF) and Soho (Central)
Local Brewery
Young Master Brewery (Wong Chuk Hang) and Gweilo Beer
Wine Bars
La Cabane (Central) and James Suckling Wine Central
Street Food Stalls
Graham Street Market and Fa Yuen Street
Popular International Cuisine
Chom Chom (Vietnamese) and Pizzeria Italia

Culture and Attractions

Must-See Landmarks
The Peak Tram, Big Buddha (Tian Tan), and Star Ferry
Museums & Art Venues
M+ Museum (West Kowloon) and HK Museum of Art
Historical Sites
Tai Kwun (Former Police Station) and Man Mo Temple
Religious Sites
Wong Tai Sin Temple and Ten Thousand Buddhas Monastery
Annual Events
Chinese New Year (Feb), Art Basel (March), Dragon Boat Festival (June)
Cultural Districts
West Kowloon Cultural District
Theater Venues
HK Academy for Performing Arts and City Hall
Local Markets
Yuen Po Street Bird Market and Flower Market Road
Music Scene
Hidden Agenda (Indie) and Blue Note style lounges in Soho
Street Art
Artlane (Sai Ying Pun) and street murals in Sheung Wan
Cooking Classes
Martha Sherpa’s Cooking School (Dim Sum focus)
Art Galleries
H Queen’s (Central) gallery building
Historic Buildings
The Peninsula Hotel and Western Market
Local Heritage
The Bauhinia Flower emblem and Cantonese heritage

Nature and Outdoor Activities

Nearby Nature Escapes
Dragon's Back Trail and Lamma Island
National Parks Nearby
Sai Kung East Country Park (Beaches and hiking)
Cycling/Walking Paths
Tuen Mun to Ma On Shan 60km cycle track
Scenic Viewpoints
Sky100 Observatory and Lugard Road (The Peak)
Birdwatching Locations
Mai Po Nature Reserve and Hong Kong Park Aviary
Bonfire-Friendly Spots
Designated BBQ pits at Pui O Beach and Turtle Cove

Other Services and Amenities

Parcel Delivery Service
SF Express (ubiquitous) and DHL
Tech Repair Services
Wan Chai Computer Centre and Mong Kok Computer Centre
Table Tennis Spots
LCSD Public Sports Centres (HK$14-22/hour)
Language Classes
HKU SPACE (Cantonese/Mandarin courses)
Libraries & Study Spots
Hong Kong Central Library (Causeway Bay)
Community Centers
St. James' Settlement (Wan Chai)
Gaming Lounges
CGA eSports Stadium (Mong Kok)
Casino & Gaming Halls
Hong Kong Jockey Club (Horse Racing) - Gambling is otherwise restricted (visit Macau)

Business

Studio Purchase Price (City Center)
Approx. HK$220,000 per m² (e.g., 30 m² = HK$6,600,000)
Studio Purchase Price (Outside City)
Approx. HK$140,000 per m² (e.g., 30 m² = HK$4,200,000)
1-Bedroom Purchase Price (City Center)
Approx. HK$210,000 per m² (e.g., 50 m² = HK$10,500,000)
1-Bedroom Purchase Price (Outside City)
Approx. HK$130,000 per m² (e.g., 50 m² = HK$6,500,000)
2-Bedroom Purchase Price (City Center)
Approx. HK$200,000 per m² (e.g., 75 m² = HK$15,000,000)
2-Bedroom Purchase Price (Outside City)
Approx. HK$120,000 per m² (e.g., 75 m² = HK$9,000,000)
Corporate Tax
Two-tier system: 8.25% on first HK$2M, 16.5% thereafter
Dividend Withholding Tax
0%
Tax System
Territorial basis (only HK-sourced income is taxed)
Highest Income Tax Bracket
15% (Standard rate) or progressive up to 17%
VAT
0% (No VAT or GST)
Controlled Foreign Company (CFC) Rules
No
Property Tax
15% on rental income (subject to deductions)
Property Transaction Tax
Stamp duty varies, up to 15% for non-residents/corporates
Attractive Tax System for Digital Nomads
Extremely attractive due to territorial tax and no capital gains/VAT

Continue exploring Hong Kong