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Tsim Sha Tsui, Hong Kong 🇭🇰
#1738 ,

Nomad Score: 63%

Essentials

🏙️ City Tsim Sha Tsui, located in Kowloon, Hong Kong, is a bustling urban area known for its vibrant shopping, dining, and cultural scene.
👥 Population Approximately 300,000 residents live in Tsim Sha Tsui.
💻 Internet Speed Average internet speed is around 200 Mbps.
💸 Currency & Banking Currency is HKD. Exchange rate is 1 HKD ≈ 0.13 USD.
🚰 Tap Water Tap water is generally safe to drink.
🔌 Power Electricity supply is 220V, 50Hz, with Type G sockets.
📶 SIM Card Major providers include 3HK, CSL, and SmarTone, offering tourist SIM packages.
💳 Banking for Expats HSBC and Standard Chartered are popular choices among expats.
🛌 Accommodation Common options include serviced apartments and Airbnb, with prices starting around HKD 5,000/month.
💳 Cashless Friendly Yes, mobile payments via Octopus, Alipay, and WeChat Pay are widely accepted.
🏠 Short Term Rentals Airbnb, Roomorama, and Hong Kong Homes are popular short-term rental platforms.
🛏️ Budget Accommodation Check out hostels like YHA Mei Ho House Youth Hostel for budget options.
🏙️ Best Area to Stay for Tourists Tsim Sha Tsui itself is ideal, with close proximity to attractions and transportation.
🏙️ Best Area to Stay for Digital Nomads Consider areas around Nathan Road for access to co-working spaces and cafes.

Working and Networking

🏢 Best Coworking Space The Hive Tsim Sha Tsui offers excellent facilities for remote work.
Best Cafe for Work Cafe Baci is known for its comfortable atmosphere and good Wi-Fi.
💼 Networking Events The Hong Kong Startup Society hosts regular meetups and networking events.
🥂 Social Events for Expats Check out the Hong Kong Expats Community on Facebook for local meetups.

Transportation

🚕 Best Taxi/Ride App Uber operates in the area, as well as local taxi services.
🚲 Bike/Scooter Rental Renting e-scooters is popular via apps like Lime.
🏖️ Best Beach Nearby Repulse Bay is a popular beach about 30 mins away by public transport.
✈️ Top Regional Airline Cathay Pacific is the primary regional airline.
✈️ Top International Airline Major airlines include Emirates, British Airways, and Qatar Airways.
🛣️ Highway Access Quick access via Route 1 and the Cross Harbour Tunnel.
🚉 Main Train/Transit Hub Tsim Sha Tsui MTR Station serves as a major transit hub.
🚍 Public Transport Passes The Octopus Card offers convenience for public transport usage.
✈️ Regional Travel Use the MTR for quick access to nearby areas and Macau via ferry.

Health and Wellness

🏥 Best Hospital Queen Elizabeth Hospital is a major healthcare facility for residents.
🧘 Yoga & Wellness Centers Pure Yoga at The One offers various classes.
🏋️ Gyms & Fitness Centers Fitness First at Tsim Sha Tsui offers gym and fitness classes.
🧺 Laundry Services Self-service laundromats such as Laundromat are available in the area.

Food and Drink

📱 Best Food Delivery App Deliveroo and Foodpanda are popular for food delivery.
🍽️ Best Local Dish to Try Try Dim Sum at DimDimSum Dim Sum Specialty Store.
🍱 Vegan/Vegetarian Options Loving Hut offers great vegan choices.
🍫 Best Dessert Spots Visit Hui Lau Shan for famous mango desserts.
🛒 Affordable Shopping Spots Check out the Tsim Sha Tsui night markets for cheap eats.
🛒 E-commerce/Online Store Popular platforms like Taobao and HKTVmall.
🛒 Grocery Delivery Panda Fresh and JUSCO offer grocery delivery services.
🍸 Bar/Nightlife Area Knightsbridge, near Tsim Sha Tsui, has a vibrant nightlife scene.
🍻 Local Brewery Hong Kong Brewing Co. offers tours and tastings.
🍷 Wine Bars Visit The Flying Winemaker for a great selection.
🍲 Street Food Stalls Sample local delicacies at Temple Street Night Market.
🍕 Popular International Cuisine Visit Osteria for Italian cuisine and Spice for Indian options.

Culture and Attractions

🎟️ Must-See Landmarks Victoria Harbour overlooks Hong Kong’s skyline.
🏛️ Museums & Art Venues The Hong Kong Museum of Art features a range of exhibitions.
🏰 Historical Sites Check out the Clock Tower, a historical monument.
🕍 Religious Sites Wong Tai Sin Temple is a popular spiritual site.
🎉 Annual Events The Hong Kong Arts Festival is an annual highlight.
🎨 Cultural Districts Tsim Sha Tsui East is known for its cultural offerings.
🎭 Theater Venues The Hong Kong Cultural Centre regularly hosts performances.
🛍️ Local Markets Street markets along Nathan Road offer a vibrant shopping experience.
🎼 Music Scene Live music venues like The Honeycombers feature local and international acts.
🎨 Street Art Explore street art around the Tsim Sha Tsui area for urban creativity.
🧑‍🍳 Cooking Classes Classes at the Hong Kong Culinary Academy are highly recommended.
👩‍🎨 Art Galleries The arts district features galleries including ArtisTree.
🕰️ Historic Buildings Visit the Former Kowloon-Canton Railway Clock Tower.
🏴 Local Heritage Experience the rich maritime heritage at the Hong Kong Museum of History.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Kowloon Park provides a serene escape from the city.
🏞️ National Parks Nearby Sai Kung National Park is around 30 mins drive for hiking and nature.
🚲 Cycling/Walking Paths Tsim Sha Tsui Promenade offers scenic walking paths along Victoria Harbour.
🌄 Scenic Viewpoints The Sky100 observation deck provides stunning views of the city.
🦉 Birdwatching Locations Kowloon Walled City Park is a great spot for birdwatching.
🔥 Bonfire-Friendly Spots Designated areas in Sai Kung National Park allow for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service DHL and SF Express operate for parcel delivery.
🛠️ Tech Repair Services UBC Computer repair services are located in Tsim Sha Tsui.
🏓 Table Tennis Spots Local community centers often have table tennis tables.
🧑‍🏫 Language Classes The British Council offers English language classes for expats.
📚 Libraries & Study Spots The Hong Kong Central Library is nearby for study.
🏘️ Community Centers Tsim Sha Tsui Community Centre offers workshops and activities.
🕹️ Gaming Lounges Visit IO Gaming Lounge for a gaming experience.
🎰 Casino & Gaming Halls Visit The Lisboa for a gaming experience nearby.

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 15,000 per m² (e.g., 30 m² = HKD 450,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. HKD 23,000 per m² (e.g., 50 m² = HKD 1,150,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. HKD 18,000 per m² (e.g., 50 m² = HKD 900,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. HKD 28,000 per m² (e.g., 80 m² = HKD 2,240,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. HKD 22,000 per m² (e.g., 80 m² = HKD 1,760,000)
💼 Corporate Tax The corporate tax rate is 16.5%.
💵 Dividend Withholding Tax Dividend withholding tax is 0%.
🏦 Tax System Territorial tax system applicable for residents.
📈 Highest Income Tax Bracket Maximum personal income tax rate is 17%.
🧾 VAT There is no VAT in Hong Kong.
🌐 Controlled Foreign Company (CFC) Rules No strict rules on CFCs.
🏠 Property Tax Property tax is levied at 15% on rental income.
🏠 Property Transaction Tax Transaction tax rates range from 1.5% to 4.25%.
💻 Attractive Tax System for Digital Nomads No income tax for non-Hong Kong sourced income.

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