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Old 15th Apr 2015, 08:20
  #22 (permalink)  
Frogman1484
 
Join Date: Jul 2005
Location: Hong Kong
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That's a surprisingly balanced view you've got on this thread. I always say to people that if you're young, single and don't mind sharing a small flat with a bunch of mates then it's a good gig for a few years but if you've got any children then it's sadly not.
CX pay 70% of your basic school fees but the fees count as cash so you're taxed at 15% on those fees. Given HK$90k school fees, that's HK$36.5k/yr per child from your own pocket. In addition, every school also has some sort of debenture/levy and CX don't help with these at all. The cheapest of these is probably about HK$40/yr so that's a minimum of HK$76.5K per child per year.
You also have to add the shortfall from the 90K a year to the actual school fees of 130K for most schools . The Canadian international is even more expensive!
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