Thanks for the answer Smoc really appreciated it.
Do you know if we get married does my girlfriend (wife) get the HKID then?
The papers I got from CX shows that I will be earning about HKD 48.600 a month everything included. Subtract 17% you get close to 40.000. So that was why I wrote I would have about 20K left when the apartment was paid.
The 16-20% you are talking about is that another form of tax?
What I can understand trough the correspondence with CX I would get about HKD 880.000 in forgivable loan. In your mind would it be a good idea to buy an apartment for a part of this money (I will remember to save some for tax :-)). Or will the interest be top high on the bank loan of the additional amount. Or is it better just to rent and then have the 880K (700K after tax) in backup to spend on daily needs the 4 years you are a SO?
Again thanks for the help.