Quote:
Originally Posted by vagtsio
Hi all,
recently i had an offer for a job in HK.
they offer me 75,000 HKD per month and that is after tax. we are a family of three and i was wondering if that is enough for us to live in HK and do some savings at the same time.
I had a look online and i saw some flats that you can rent out but i do have to say the monthly rent was scary even to talk about it.  i was told that you can find some cheap accomodation just outside HK and i can commute to work...is that a good idea?
So any comments will be much appreciuated.
thank you in advance
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if you look at rentals in the Tuen Kwan O/Clearwaterbay/ Sai Kung areas you find them much cheaper. When you say "after tax" you do realise that income tax is paid once per year and you have to budget accordingly or perhapsyou get a 13th month salary. Does your deal include medical insurance and cover the Mandatory Provident Fund? Another consideration is school fees,which may or may not be paid by your employer