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ATMA Country Update | Hong Kong - Recording Now Available

21 Jun 2023 03:41 | Sharon Michnay (Administrator)

ATMA Country Updates are designed to give a snapshot of housing, education, immigration and cost of living of today.  Our Hong Kong update sets a mid-year benchmark for post-opening statuses while our knowledgeable speakers delve into a bit of what may yet come.

Top Takeaways

  • Hong Kong has lost over 110,000 workers over the past few years.  The government has set up the Top Talent Pass (TTPS) Scheme to create an immigration fast lane for desirable talent to come to the country.
  • The long-term housing market seems to have stabilized in general, however the increase in business travel, tourism and a return of expatriates is placing pressure on the short-term housing market.
  • 40 – 50% of international schools in Hong Kong now require debentures or have increase enrollment fees.
  • Hong Kong remains Asia’s most expensive city. 

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