Originally Posted by
Sam Ting Wong
Vendetta, do you have any idea at all what the salary at HKE, GBA or HKA is?
except every expat came to CX based on a better package than in their home country. Look at the current (2022)salary in BA QF NZ etc for what you’d get after say a 20 yr career. CX is way behind, between 20-40%. Leaving is a no brainer.
But that's not the nail in the coffin. The Hkg govt has listened to the masses of protesters demanding affordable housing (amongst other things) and pivoted to a socialist agenda. The cost of this for the Govt in the coming decades isn't possible based on 17% income tax, so the only way forward is to up tax to closer to 25% or the 33% over the border. There goes any competitive edge for Hong Kong. This is what all the economists are questioning.