Living in Macau

[Saturn]

I was wondering if living in Macau is better than HK for tax reasons primarily? I plan on moving over this year in Oct/Nov and will be working for USAB, Yes, cargo (HK roster). My first $85,000-usd is tax free, I will be making less than that, and do you have the same tax liablity in Macau as you would in HK? Thanks a bunch.

[akistar]

If I am not wrong you still need to pay the HK tax. You will be commuting into Macau, which more or less make you a tourist. This will not be liable to tax in Macau.

By the way, do u know of what a typical roster is like for USAB cargo (HK roster)??


cheers
akistar

[Saturn]

Don't know yet as only a couple of guys have done it and they were Captain's. I think you might need to be relief qualed but I will ask as I get closer. Those guys were doing mostly HKG-ANC-ANC with an occasional Narita. Why would you be responsible for the HK tax?, I am not paying it now.:{

That would be HKG-ANC-HKG. And meant to say don\'t know about the roster but asked one of the captain\'s I know and he told me that was what they were doing. Hope this helps:*

[akistar]

Hi Saturn,

May I ask where are you suppose to pay tax if you are employed under USAB(HK roster) ?? Or in your case for example, how did you manage to run away from HK taxes?


You mention a typical pattern is HKG -ANC-HKG, occasionally NRT. How long is a HKG-ANC-HKG pattern? Do you just do two of this pattern per month? On what a/c is this on??

Thank You and cheers\



Akistar

[Liam Gallagher]

I understand that 60 days per year in HKG makes you liable for tax, with day-in and day-out counting. Very few manage to escape this clause as you come to HK more than 30 times year(ish). CX very kindly tell Inland Revenue days in and out and earnings to simplify matters:rolleyes:

If you can figure a way round; please let us all know:ok:

[Saturn]

It's that I am emplyed by a US company (USAB). As long as I am paying tax to the US, which we all know we Americans do, I can file an exemption to the HK IRD. Did that over the summer and have not heard from the IRD again. HK and US have a tax treaty. Now, if and when I move to HK on USAB, my first $70,000 USD is non taxable living out of the US for more than 330 days of the year, I can live wherever I want. I was just curious, and have recently had my question answered, about living in HK but still flying for USAB and filing the exemption. The answer I got was yes.

Now let me clarify one thing so no-one gets crazy. I have done a lot of research on this as well as going to the IRD. It really works out the same either way because you get credit on your US tax return for paying HK taxes. I just wanted to do it this way in case I was to get sacked in my first year of probation and trying to get my money back from the IRD. Eventually, I will join VETA (I hope) will live in HK and pay HK taxes and use the treaty.

Typical pattern is HKG-ANC, 8+ hours in the winter, 9 in summer (Winds) 24 to 48 sometimes 72 hours in ANC (fun in summer, winter too if you know russian girls or the bicycles). Then ANC-HKG, 11hrs+ in winter 9 in summer. See ya in Wan Chai, LOL.
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PLK-CX Cargo:E

[STOKKEN]

Hello Saturn

Not sure you can live in Macau mate....... you would only get a visa for three months...... and then you need a residents visa or blue card to live there longer. Immigration are pretty tough. Remeber half of China wants to live in Macau so not sure you will stand much of a chance. You should look at their government website. I have pals working in Macau and they are all sponsered for residency rights by their company........

Good luck... hear its a nice place though better than HKG and cheaper but not for much longer with all the casinos.......

[Saturn]

That is what I figured. Look like Honky Kong for me. Being that I am a Honky. Thanks for all the info.

[Arrowhead]

I am a Brit living in Macau. Income tax will be abolished altogether next year. You can live here as long as you like, so long as you visit HK (or some other country) once every 6 months.

Also, if you spend HK$1m on a property, you can apply for residency - but the advantage of that is really if you want to work doing something else here.

BTW, the real advantage of living here is the cost of living is 1/2 that of HK (also, many expats have okay 3 bed appartments with decent views costing HK$5,000-6,000 per month.


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[Chinapilot]

Arrowhead,

I'm not sure where you get your info but who told you that there will be no tax next year? Perhaps you had better call Edmund Ho and tell him....he was the Chief Executive the last time I had dinner with him......

Just how long have you lived in 'Oh Mun' ??

Cost of living 1/2 of HK???? Planning a diet of noodles only are we ????
Again I am sure that Eddy would love to use that in an ad campaign.

5-6K rent ???.....decent view of your neighbor's Loh Poh trimming her toenails is more likely.

[great southern land]

Saturn...USAB is NOT a US company..it is registered in HK...and is a HK company. You are heading for a visit from the IRS buddyboy....!

Personal abuse is not permitted on PPRuNe, argue the point, by all means, but leave the personal stuff at home please. BE

[tamalai]

Why Macau ??? If your looking to live cheaply then Thailand is the only place to be.............cost of living is as close to ZERO as you can get and an easy commute to Hong Kong................
744F Rostered out of Hong Kong should be what ?? 2 or 2.5 trips a month ??? Anchorage and back mainly at a guess so only have to go to work and back a couple of times a month and there are about 25 flights a day BKK-HKG and vicky verka....................

Quite a few guys live in Phuket/ Bankok and commute...............lifestyle is probably better than Macau

just a thought !!!!

[Saturn]

Interesting statement. Little over the top but I believe that USAB is registered in Vancouver no? NOT A HK compnay if it was it would defeat the purpose of its exsistence no? I have researched this and have spoke with the IRS and IRD and have had no problems as a colleague of mine has either. He has been doing the same thing for the last five plus years. So thanks for compliment zcach azz!:8