Though Hong Kong’s economy has suffered from the worldwide crises, it’s still a popular expat destination. Its service sector offers jobs in finance, HR, health, ICT, law, etc. Without a foreign transfer, though, expats should be familiar with the local job market, application strategies, and etiquette.
Hong Kong’s strong service sector, its often above-average salaries, and low income tax rates are major attractions for many would-be expatriates. Unfortunately, the local labor market has also been affected by the global crisis and financial insecurity. What is more, numerous qualified Hong Kong residents enter the job market after graduation every year. Therefore, job opportunities in Hong Kong are no longer as plentiful as they used to be, unless you are simply transferred to your company’s branch office. Nonetheless, the employment market remains worth exploring for expats, and our Hong Kong guide provides a useful overview with tips on the job search in Hong Kong. Alternatively, you might even think about running your own business in Hong Kong. Again, low corporate taxes and the city’s free market economy make this an attractive option. We tell you what to keep in mind concerning self-employment in Hong Kong.