Sunday, 16 August 2009

Take advantage of Hong Kong

The advantages of Hong Kong are:
  1. low income tax
  2. comparatively high salary for same job in another country
  3. efficient public transport
  4. cheap labour (for non-professional workers)
  5. cheap to purchase a used car
  6. cheap telecommunication services (Internet, mobile phone, etc)

The disadvantages of Hong Kong are:
  1. High property prices (to buy or to rent) to be geographically close to Central
  2. High population density
  3. Parking costs and fuel

How to maximise the advantage and minimise the disadvantage?
  1. Live further away from Central to reduce rent and increase size of apartment
  2. Buy a car to mitigate living further away from Central
  3. Hire a driver to avoid parking costs and increase convenience

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