Originally Posted by
veryoldchinahand
I dont know what schools you send your kids to but most cost nothing like HK$140K p.a. I have kids and grandchildren at school here Oli777 do you ?
During my time in Hong Kong, DBIS was a popular school for the plethora of CX families living in Discovery Bay. The current fees at DBIS range from HK$122,800 p.a for a five year old attending kindergarten, up to HK$185,500 for a 17 year old in Year 12. On top of that, there's a one-time non-refundable development levy of HK$60,000, payable on entry.
The Australian International School was another popular school. The fees at AIS range from HK$107K for a child in reception, up to HK$223K for a child in Year 12. There's also an annual capital levy of HK$22,000, or a depreciating debenture of HK$120,000 per student that must be re-purchased after eight years.
Things aren't much better at the ESF schools, where it costs HK$119,100 p/a for a child in primary school, up to HK$144,700 for a child in Year 12, plus a one-time non-refundable capital levy of HK$38,000 for a child entering Year 1.
So, for a family with two school age children, you could potentially be looking at paying anywhere between HK$214,000 p.a (HK$17,833 p.m) and HK$446,000 p.a. (HK$37,166 p.m), depending on the ages of the children and the choice of school, plus the capital/development levy.