Short course graduates have about HKD880K remaining, medium a bit less and long course, not much at all.
The HK Revenue Department tax you in full on the "loan" when you receive it.
The "loan" is considered paid off after 6 years of service with CX.
In exchange - this is the important part - you give up expatriate benefits FOR THE DURATION OF YOUR CAREER WITH CX.
It could mean (depending on age) up to USD5 million in lost expat benefits during your career with CX.
Your "free" training will cost you US$5,000,000 ++ in your career.
the above is noted. But say 10 years ago you had a SO stay in hong kong for approx 7years and then get a base in another country. Wouldnt the SO that started today that stayed in Hong Kong for 7years and managed to get in a base be in a similair position or just slightly worse off?
I understand though if you intend on staying in hong kong for 10+ years then there is a HUUUUGE difference between the new scheme and old.
Before veryone starts getting emoitonal, what are the figures of pilots getting bases, i heared it is not many... can we predict what is going to happen in 5 years when we have such an unpredictable boom about to happen in asia?