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Hong Kong, Hong Kong 🇭🇰
#2127 ,

Nomad Score: 62%

Essentials

🏙️ City Hong Kong is a vibrant, dynamic city known for its impressive skyline and rich culture, combining Eastern and Western influences.
👥 Population Approximately 7.5 million residents, making it one of the most densely populated places in the world.
💻 Internet Speed Average internet speeds of up to 100 Mbps in urban areas, with fiber-optic connections widely available.
💸 Currency & Banking 1 HKD ≈ 0.13 USD. International credit cards are widely accepted, and ATMs are plentiful.
🚰 Tap Water Drinkable, but it is recommended to use a filter for better taste.
🔌 Power 220V, 50Hz, ⚡ Type G sockets.
📶 SIM Card Providers include 3, Smartone, and CSL, with prepaid options available starting from HKD 50.
💳 Banking for Expats Banks like HSBC and Standard Chartered offer accounts for expats, often with online banking services.
🛌 Accommodation Options range from serviced apartments to shared accommodations on platforms like Airbnb and local sites such as 591.com.hk.
💳 Cashless Friendly Yes, the city is highly cashless, with mobile payment apps like Alipay, WeChat Pay, and Octopus accepted widely.
🏠 Short Term Rentals Platforms like Airbnb, Homates and Roomgo offer various short-term housing options.
🛏️ Budget Accommodation Hostel options include Yesinn and Hong Kong Hostel, with prices around HKD 150-300 per night.
🏙️ Best Area to Stay for Tourists Tsim Sha Tsui is recommended for its proximity to attractions, luxury shopping, and harbor views.
🏙️ Best Area to Stay for Digital Nomads Central & Sheung Wan is favored for co-working spaces, coffee shops, and a vibrant expat community.

Working and Networking

🏢 Best Coworking Space The Hive and WeWork offer great coworking environments in various locations across the city.
Best Cafe for Work Café Komune in Central is known for its relaxed atmosphere and good coffee, perfect for remote work.
💼 Networking Events Meetup groups like 'Hong Kong Entrepreneurs' and 'Freelancer Hong Kong' host regular networking events.
🥂 Social Events for Expats Hong Kong Expat Facebook groups frequently organize meetups and social events to connect the community.

Transportation

🚕 Best Taxi/Ride App Uber and local taxis are popular, with easy app-based booking.
🚲 Bike/Scooter Rental Cycling is growing; consider using services like Gobee.bike for bike-sharing.
🏖️ Best Beach Nearby Repulse Bay, a 30-minute drive, is popular for its scenic beach and restaurants.
✈️ Top Regional Airline Cathay Pacific and HK Express serve regional destinations.
✈️ Top International Airline Cathay Pacific, Singapore Airlines, and Emirates are major carriers from Hong Kong.
🛣️ Highway Access Major highways include Route 3 and the Lantau Link connecting to the airport and outlying islands.
🚉 Main Train/Transit Hub Hong Kong West Kowloon Station is the main hub for high-speed rail services to mainland China.
🚍 Public Transport Passes The Octopus card is widely used for MTR, buses, and ferries, making travel easy.
✈️ Regional Travel MTR trains provide quick access to neighboring areas like Kowloon and New Territories.

Health and Wellness

🏥 Best Hospital Queen Mary Hospital offers high-quality healthcare services to residents.
🧘 Yoga & Wellness Centers Pure Yoga and Yoga Room have multiple locations with various classes available.
🏋️ Gyms & Fitness Centers Fitness First and Anytime Fitness are popular chains with multiple locations around the city.
🧺 Laundry Services 24-hour laundromats like Laundromat HK offer self-service wash and fold options.

Food and Drink

📱 Best Food Delivery App Deliveroo and Foodpanda are widely used for quick delivery from a range of restaurants.
🍽️ Best Local Dish to Try Dim Sum is a must-try traditional Cantonese dish served in many local restaurants.
🍱 Vegan/Vegetarian Options Vegetarian restaurants like Loving Hut and Mana! Fast Slow Food offer delicious and healthy options.
🍫 Best Dessert Spots Australia Dairy Company and Honeymoon Dessert are famous for their Hong Kong-style desserts.
🛒 Affordable Shopping Spots Local markets like Sham Shui Po offer affordable snacks and produce.
🛒 E-commerce/Online Store Local options include HKTVmall, offering groceries and daily essentials online.
🛒 Grocery Delivery Services like Deliveroo and ParknShop provide grocery delivery services across the city.
🍸 Bar/Nightlife Area Lan Kwai Fong is the most popular nightlife area with bars and clubs.
🍻 Local Brewery Roundhouse Brewery is known for its craft beers with a local twist.
🍷 Wine Bars The Fine Wine Experience offers a wide selection of wine with tasting events.
🍲 Street Food Stalls Local markets in Mong Kok are famous for street food including egg waffles and stinky tofu.
🍕 Popular International Cuisine Tucker's, an Australian restaurant, and Brick Lane are popular spots for international cuisine.

Culture and Attractions

🎟️ Must-See Landmarks Victoria Peak offers stunning views, while the Star Ferry provides iconic harbor crossings.
🏛️ Museums & Art Venues Hong Kong Museum of History and M+ Museum showcase the city's rich cultural heritage.
🏰 Historical Sites Man Mo Temple and Kowloon Walled City Park are notable historical sites to visit.
🕍 Religious Sites Wong Tai Sin Temple is famous for its fortune-telling and beautiful architecture.
🎉 Annual Events The Hong Kong Arts Festival and Chinese New Year celebrations attract locals and tourists alike.
🎨 Cultural Districts PMQ (Police Married Quarters) is a creative hub showcasing local design and craftsmanship.
🎭 Theater Venues The Hong Kong Cultural Centre hosts performances from concerts to theater productions.
🛍️ Local Markets Stanley Market is known for souvenirs while Temple Street Night Market is famous for street food.
🎼 Music Scene Hong Kong’s music scene includes diverse genres, with live performances in Central and Causeway Bay.
🎨 Street Art Hong Kong's graffiti can be explored at K11 MUSEA and around Central.
🧑‍🍳 Cooking Classes Hong Kong Foodie offers classes on traditional Hong Kong dishes like Dim Sum.
👩‍🎨 Art Galleries Galleries such as ArtisTree showcase contemporary local and international art.
🕰️ Historic Buildings The Former Kowloon-Canton Railway Clock Tower marks the city's history.
🏴 Local Heritage The singing of 'Fairy Goddess' showcases the unique local cultural blend.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Dragon's Back hiking trail offers stunning coastal views just a short MTR ride away.
🏞️ National Parks Nearby Sai Kung East Country Park is great for hiking and water sports.
🚲 Cycling/Walking Paths The promenade along Victoria Harbour is popular for walking or jogging.
🌄 Scenic Viewpoints The Ngong Ping 360 cable car offers panoramic views of Lantau Island.
🦉 Birdwatching Locations Mai Po Nature Reserve is known for its diverse bird species.
🔥 Bonfire-Friendly Spots Designated areas in beaches like Big Wave Bay allow bonfires.

Other Services and Amenities

📦 Parcel Delivery Service DHL and SF Express provide reliable delivery services within and outside the city.
🛠️ Tech Repair Services Apple Store and local shops like iFix provide repair services for electronics.
🏓 Table Tennis Spots Local parks and community centers like Victoria Park have ping pong facilities.
🧑‍🏫 Language Classes Language schools such as HK Language Centre offer classes in Mandarin and Cantonese.
📚 Libraries & Study Spots Hong Kong Central Library and various public libraries provide quiet study areas.
🏘️ Community Centers Community centers like the Hong Kong Cultural Centre host events and activities.
🕹️ Gaming Lounges Gamer Lounge offers gaming experiences and competitions.
🎰 Casino & Gaming Halls The City of Dreams and Galaxy Macau are popular for gaming and entertainment.

Business

🏢 Studio Purchase Price (City Center) Approx. HKD 25,000 per m² (e.g., 30 m² = HKD 750,000).
🏢 Studio Purchase Price (Outside City) Approx. HKD 15,000 per m² (e.g., 30 m² = HKD 450,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. HKD 40,000 per m² (e.g., 60 m² = HKD 2,400,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. HKD 28,000 per m² (e.g., 60 m² = HKD 1,680,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. HKD 35,000 per m² (e.g., 80 m² = HKD 2,800,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. HKD 25,000 per m² (e.g., 80 m² = HKD 2,000,000).
💼 Corporate Tax 16.5% for businesses operating in Hong Kong.
💵 Dividend Withholding Tax 0% on dividends paid from Hong Kong profits.
🏦 Tax System Territorial taxation system; only income sourced in Hong Kong is taxable.
📈 Highest Income Tax Bracket Maximum personal income tax rate is 17%.
🧾 VAT There is no Value Added Tax (VAT) in Hong Kong.
🌐 Controlled Foreign Company (CFC) Rules No strict CFC rules in place.
🏠 Property Tax Tax based on the property's rental value, typically at a rate of 15%.
🏠 Property Transaction Tax Stamp duty ranges from 1.5% to 4.25% based on property value.
💻 Attractive Tax System for Digital Nomads Hong Kong offers a competitive tax environment for digital nomads with low personal tax rates.

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