Common Knowledge for Investing and Settling in Hong Kong

Common Knowledge for Investing and Settling in Hong Kong

The best immigration information about common knowledge for investing and settling in Hong Kong can be found on the Worldway Investment Immigration official website.

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As an international metropolis, Hong Kong possesses numerous fascinations and charms that attract wealthy individuals from all over the world to invest and settle in Hong Kong. However, as a hub of cultural exchange between the East and West, Hong Kong has its unique culture and customs that individuals preparing for immigration and study abroad in Hong Kong should learn about and prepare for. In recent years, the number of individuals immigrating to Hong Kong for study has been increasing, and we have summarized the following common knowledge about Hong Kong. How much of this do you not know?

Common Knowledge for Investing and Settling in Hong Kong

Visa

Chinese citizens holding a valid passport from the Hong Kong Special Administrative Region of the People's Republic of China, a Hong Kong Return Permit, a Seaman's Identity Book, or those possessing a valid Hong Kong visa identity document (DI) with a valid entry exemption annotation or a travel document annotated by the Hong Kong Immigration Department can enter Hong Kong without needing an entry permit. Chinese citizens holding a valid passport from the People's Republic of China and a connecting flight ticket can transit through the Hong Kong Special Administrative Region from overseas and stay for no more than 7 days without requiring an entry permit.

Entry and Exit Regulations

Hong Kong is a well-known duty-free port. With the exception of items such as cigarettes and alcoholic beverages, which are subject to higher import taxes, most other items are generally duty-free or have very low import taxes. Non-Hong Kong visitors bringing in tobacco and alcohol are still subject to certain restrictions: they may only bring 200 cigarettes, 50 cigars, or 250 grams of tobacco, and 1 kilogram of bottled alcohol. The import and export of ivory raw materials or products are strictly regulated by law in Hong Kong.

Telecommunications

The mobile communications network in Hong Kong supports GSM900, PCS1800, and CDMA systems. When visiting Hong Kong, you can easily use your domestic mobile phone!

Currency

The main currency in Hong Kong is the Hong Kong dollar. Most shops only accept payments in Hong Kong dollars or credit cards, although some retail stores and convenience stores in Hong Kong also accept Renminbi. Renminbi, foreign currencies, and travel checks can be exchanged at banks, currency exchange shops, and hotels, with exchanges at banks or currency exchange stores generally being preferable. In addition to paying attention to the exchange rate, some banks or currency exchange shops may charge service fees, so it's best to inquire before exchanging.

Language and Culture

Both Chinese and English are official languages in Hong Kong. Government agencies, the legal profession, professionals, and business sectors widely use English, while daily personal communication among Hong Kong citizens primarily occurs in Cantonese. However, you need not worry if you do not understand Cantonese, as most service staff in restaurants, shops, and hotels in tourist areas can speak Mandarin. Additionally, the Special Administrative Region government has strengthened Mandarin education in primary and secondary schools in recent years, resulting in many individuals being able to communicate in Mandarin. The mainstream religions in Hong Kong include Buddhism, Catholicism, Christianity, Taoism, Islam, and Confucianism. Influenced by Confucian thought, ancestor worship is very common.

Office and Bank Hours

The majority of government offices operate from Monday to Friday, 9 AM to 5 PM, and on Saturday from 9 AM to 1 PM. Major banks operate from Monday to Friday, 9 AM to 4:30 PM, and on Saturday from 9 AM to 12:30 PM. Banking services are also available at the Hong Kong Convention and Exhibition Centre.

Using Elevators

When using elevators, please stand on the right; the left side is the "passing lane" for those in a hurry to pass through.

Transportation

When taking the subway, the most convenient option is to purchase an Octopus card, which provides seamless travel on all lines. The Octopus card in Hong Kong is not just a ticket; it can also be used as a "card" for various transactions at many convenience stores, which can also recharge the card. However, the subway in Hong Kong is relatively expensive, with a short trip costing around ten dollars, so it’s best to be prepared with enough "ammunition".

Voltage

The voltage used in Hong Kong is 220 volts AC, and power outlets are mainly three-pronged flat types. Many high-end hotels have power outlets in the bathrooms for shaving and hairdryers.

Tips

Most restaurants and eateries in Hong Kong will charge a 10% service fee on the bill, but most fast food outlets and tea restaurants do not charge service fees. Additionally, in Chinese dining establishments (like dim sum restaurants), staff often serve sauces, pickles, peanuts, and tea before meals; this “tea and sauce fee” may be charged per person. During the Lunar New Year, some restaurants may also increase service fees. Therefore, it's advisable to inquire about fees before taking a seat. There are no fixed rules for tipping hotel staff and taxi drivers; travelers may tip based on the quality of service provided.

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