$100k/month, family of 4, will it work?

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$100k/month, family of 4, will it work?


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Old 30th September 2011, 05:10 PM
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Default $100k/month, family of 4, will it work?

Hi folks, I am currently in US. Just been offered HKD1.2M/year + 18% bonus. We are a family of 4--me, my wife kids of 10 and 7. Not sure this is good money for us in HK. Also, can we find a decent apartment in HK for $30K/month? $20K? Thanks a bunch in advance!

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Old 3rd October 2011, 01:45 AM
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Hi folks, I am currently in US. Just been offered HKD1.2M/year + 18% bonus. We are a family of 4--me, my wife kids of 10 and 7. Not sure this is good money for us in HK. Also, can we find a decent apartment in HK for $30K/month? $20K? Thanks a bunch in advance!
go for it but keep the bonus to pay anual income tax, negociate for medical insurance, and education fees for the kids. HK$ 30,000 willl get you a reasonable place on the island, but you'll double or treble the space if you go further out(for HK$ 24,000 we had a semi... three floors and a roof terrace, two car parking spaces and a 700 square foot garden

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Old 3rd October 2011, 02:29 AM
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your place sounds fantastic to me. do you mind sharing what the location was? BTW, my offices will be in TST, right off MTR.

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Old 3rd October 2011, 07:12 AM
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your place sounds fantastic to me. do you mind sharing what the location was? BTW, my offices will be in TST, right off MTR.
it was in a small village in the clearwater bay area Ng Fai tin, very close to Little Palm Beach (favoured by lots of diving schools) 5 or 6 min drive to Tsuen Kwan O and 10 or 15 minutes would get you to TST on the MTR

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Old 3rd October 2011, 07:28 AM
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the actual location of where we lived can be found on google earth 22 ,18'75.65 n, 114, 17'07 e

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Old 3rd October 2011, 01:43 PM
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Thank you so much for the info. It does look like a fantastic place to live!

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Old 3rd October 2011, 09:19 PM
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Thank you so much for the info. It does look like a fantastic place to live!
it's within a 10 minute drive to Sai Kung and some of the best seafood restaurants and if you go to Hebehaven 101, Tell Sean, willie advised you to go

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Old 5th October 2011, 03:02 AM
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Thank you so much Dunmovin. I definitely will if I ever make it there. Fingers crossed things will work out---negotiation still under way :-)

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Old 6th October 2011, 11:46 PM
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Thank you so much Dunmovin. I definitely will if I ever make it there. Fingers crossed things will work out---negotiation still under way :-)
are you a diver by any chance? My pal Ginger Ayers is one of the best qualified diving instructors in Asia. Top rated with British sub aqua club. an ex commando and royal marine he knows his stuff

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Old 7th October 2011, 03:46 AM
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Unfortunately not. But thanks for the info. I do still have another question regarding moving to HK. I have been wondering why you advised me to ask for medical insurance. Isn't everyone in HK covered by public health care? What's the medical insurance for?

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