Lerxt:
This text has an almost alarmingly familiar ring to it..... or did you really write this yourself?
As for tax: In Hong Kong, the employer of anyone other than a HK Permanent Resident must by law withold the estimated amount of tax from any moneys due to the employee upon termination of employment. I thus cannot quite understand the implication of the tax issue on the whole story, given that the tax rate in HK is extremely modest and that it is levied pro rata in the event that employment is terminated in the course of a tax year.
For example, for a single person, tax is 15% flat (after a very generous tax-free threshold is applied). Housing and other non-cash benefits are assessed at 10% of their cash value.
If you're married and have two kids, you'll be paying around 8% of your actual income, which is less than you'd spend in most places in the world on VAT, GST or whatever other name they dream up for a government rip-off!
Last edited by Alpha Leader; 30th May 2002 at 22:43.